We at Dean & Associates Accounting specialize in the Medical Professional field that includes Doctors, Specialists, Psychiatrists, Veterinarians and Dentists.
Medical Professionals: Specialists, Surgeons, Doctors, Dentists, Psychiatrists, Veterinarians, Franchisors, Investment Advisers, ...
Dean and Associates Accounting - Asad has over 16 years of experience in the finance and accounting field. His experience includes extensive work and specialization with Medical Professionals, Small Business owners, and Non for Profit Organizations. Read More
Medical Professionals (Doctors, Dentists, Pharmacists),
Small & Mid-size Companies
Trades Companies (Plumbers, Roofing, etc).
At Dean & Associates Accounting we will take care of your needs from the time of incorporation including tax structures to include your family members for income tax splitting purposes.
We had our shareholder structure working against our family run business of 25 years. Asad helped us income split our family thru dividends that allowed us $200,000 in tax free personal dividends for our family. We are very grateful to the advise and professionalism. We said goodbye to our accountant who was a long time friend but failed to advise us.
Having an accountant paying attention to my bookkeeping, tax planning and getting a second opinion on my business decisions is very helpful. I have saved thousands in taxes by the advise of Asad on an ongoing basis.
Practicing as a female family physician without being incorporated I was paying the highest amount of taxes. Asad helped me organize myself into a Medical corporation and I have never looked back. I am so much more educated about making the correct decisions on tax matters.
I had not filed my taxes for several years and was very much stressed out about the amount I was owing. I went to an accountant and the advise given was to file immediately. When I visited Asad he made me aware of the program from the CRA that allowed me to voluntarily come forward and save thousands of dollars in Penalties. I was basically saved from a huge tax bill.
1 Assign: Estates dictate the distribution of your remaining assets upon your death. Thus, when planning your estate, make sure to carefully consider and assign who gets what to maximize the usefulness of the estate planning process.
2 Insurance: While the state does tax estate money, they do not tax insurance money.
Medical Professionals are in the highest income tax bracket, paying over 45%. By incorporating your medical business you can take advantage of a lower corporate tax rate of 15%
Annually, you and a spouse could be eligible for as much as $70,000 a year ...