Healthcare
professionals
Advising healthcare professionals—physicians,
dentists and specialists—on the very specific
financial aspects of running your practice.
We can help your:
You’ve made it through all those years of school. Now that you are practicing, GGFL can help you effectively manage your professional and private finances so you start off on the right path. Professional and financial decisions we can advise you on include:
- Repayment plans for student loans
- Claiming expenses on your tax returns
- When to incorporate
GGFL Essential Reading
The Doctor’s Financial Lifecycle Part 1: Medical Residency
While retirement might seem light years away, it isn’t too soon to start thinking about financial planning for your future.…
Learn more >There’s so much more to running your medical practice than they covered in medical school. GGFL’s experienced healthcare team lets you focus on your patients, practice and research, while we support your business through our tax, accounting and practice management expertise.
We advise medical professionals on:
- Maximizing the use of your corporation in practice to monitor your retained earnings and determine your compensation plan
- Transitioning from practice to retirement and using your corporation to meet your retirement goals
- Coordinating the transfer of medical corporations to or from Ontario
GGFL Essential Reading
Should you incorporate your professional practice?
Depending on your profession, you may be eligible to have a professional incorporation in Ontario. This article details the status…
Learn more >There is so much more to dentistry than exceptional care for your patients. Your practice is a business with many complicated and moving parts including staff, facilities, equipment, professional development, and financial management.
Our experienced healthcare team advises dentists on all aspect of their business and helps ensure you reap the rewards for your years of dedication and hard work. Areas we advise dental practitioners on include:
- Working with Associates to file their taxes and minimize taxes
- Structuring the purchase of a dental practice
- Monitoring the pulse of the financial management of your practice
- Assessment on buy or lease options for equipment and premises
- Planning the sale of your practice to maximize the value
GGFL Essential Reading
Effective Use and Tax Planning of Your Professional Corporation – Video
In this webinar recording, the head of GGFL’s Health Professional Practice, Donna Ho-Faloon, discusses how medical and dental professionals can…
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