Accounting and tax services for doctors
Are you a doctor looking looking for accounting services for your medical practice? Congratulations, you’ve come to the right place. Farrukh Ahmed’s accounting firm has been providing tax preparation and accounting services to Canadian physicians for the past 27+ years. Don’t wait, give us a call today and we can chat about how our firm can help you reduce your tax burden.
Tax auditor experience working for the CRA
Early in Farrukh’s career he had the invaluable experience working directly as a CRA tax auditor. We know what can trigger a tax-audit, how to prevent one, and how to make a case defending our clients minimizing any tax liability should you be audited. Self reported high income earners are statistically more at risk of being randomly audited.
Professor At Sheridan College
In addition to Farrukh’s love for numbers and helping local businesses and entrepreneurs. He is also a professor teaching part-time at Sheridan College.
Accounting Firm Est. 1993
Farrukh Ahmed’s accounting firm has been provided tax services for the Greater Toronto Area for the past 27+ years. Our office is currently located out of Mississauga, Ontario. We’re tax specialists for doctors and have worked with many local clients. We’re certain our past experience will be of tremendous value to you in your medical practice.
Tax Specialist for Doctors
We do more than just provide accounting and taxation matters that doctors need. We work one-on-one with each client and form a proactive tax planning strategy to make sure we’re not just reconciling the past but working to make the future better. With careful tax planning we set specific certain goals to make sure we’re working towards creating generational wealth.
We’ve worked with many in the healthcare industry and the services we provide but are not limited to:
- Self employed physician tax return (for physicians earning through sole Proprietorship. File T1 tax return, budgeting strategy, determining eligible deductions, on-going support and reminders)
- Incorporated physician tax return (T1, T2, T4, T5, financial statements, tax deferral strategies, on-going support and reminders)
- For resident students (Individual T1 tax return, finding eligible tax deductions, budgeting strategies, on-going support and reminders)
Financial services include:
- Payroll administration and processing
- Tax preparation
- Business consulting
- Retirement and wealth accumulation planning
- Tax sheltering (through tax deferral and incorporations)
- Operating expense analysis
- Tax minimization strategy
- Email + phone reminders of monthly or quarterly tax Installments.
- Filing for tax refunds
- Defending clients in case of Tax Audit
Known Farrukh since 1989 one of his first clients. Provides excellent service and professional advise that served me well over the years. If looking for a good accountant I highly recommend.
Farrukh has been my business accountant for many years now. He helped me incorporate, taught me Quickbooks, and he files my corporate year end taxes, as well as quarterly HST filings. He also provides overall financial advice and does my personal taxes. He is very quick to answer any questions or concerns, and very professional.
Physicians We service
Physicians We Service
Take control of the taxes you pay and carefully plan so you can increase both your lifestyle and wealth.
- Family doctors
- Dentists / orthodontist
- Nurse practitioners
- Emergency surgeons
- Ophthalmologists and more…