Tax For Doctors What You Need To Know About Tax And Some Extra(1st Edition)
Authors:
Dorin Bogdan Mihalache
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Book details
ISBN: 979-8706252854
Book publisher: Independently published (February 9, 2021)
Tax For Doctors What You Need To Know About Tax And Some Extra 1st Edition Summary: Tax for Doctors – 2nd Canadian edition is a book that can be read in a few hours to immediately give the reader a good understanding of various tax topics. The author has endeavoured to eliminate many of the technical aspects of a traditional taxation book and instead discuss the topics in an easy-to-read format. The book begins with the benefits of incorporation and provides an overview of the remuneration strategies and various tax registered plans. Next, life insurance and tax planning benefits are introduced to the reader and the tax deductions available to both unincorporated doctors and professional corporations are presented in detail. Several common real estate leasing pitfalls are discussed and followed by a chapter about personal tax credits and deductions for doctors and medical students. Finally, the second edition includes GST/HST considerations relevant to doctors. As suggested in the title, the book offers additional resources to enable doctors to start and maintain a successful practice.
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