Medical Professionals

Helping Physicians, Dentists, and Clinics Build Strong Financial Foundations

📍 Serving Toronto & the GTA | 🧾 CRA Compliant | 💼 Healthcare Specialists

Focus on Patients, We'll Handle the Finances

Running a busy medical practice leaves little time for accounting. Our team provides specialized bookkeeping and accounting services** tailored for doctors and healthcare professionals in Toronto.

Stress-free bookkeeping

HST & payroll compliance

Incorporation advice

CRA audit support

Thinking of incorporating? We’ll walk you through:

Setting up your Medicine Professional Corporation (MPC)
CPSO & regulatory coordination
Income splitting & **tax-efficient structuring
Capital gains exemption planning
Maximize tax savings while maintaining compliance with CPSO rules

HST Registration & Filing

Not all medical services are taxable—but some are. We’ll help you:

Determine if your services require HST registration
File accurate HST returns on time
Stay compliant with CRA guidelines on taxable vs. exempt services
Avoid costly HST errors that trigger audits.

Payroll for Medical Staff & Associates

Managing a clinic means handling payroll. We take care of:

CRA **payroll registration
Staff **pay calculations & remittances
Year-end T4s and **Record of Employment (ROE)
Salary vs. dividend planning for incorporated professionals
Reliable payroll support for your growing team.

CRA Compliance & Audit Protection

Stay audit-ready with our expert compliance services:

Corporate & personal tax filings
CRA correspondence & audit response
HST, payroll & income tax remittances
Deduction planning specific to doctors & clinics

Additional Services

Who We Work With

Family Physicians
Specialists (e.g., Dermatologists, Cardiologists)
Dentists & Orthodontists
Chiropractors
Medical Clinics & Locum Tenens
New grads & resident doctors

Testimonials

See what people say about us

      EXCELLENT  
   Based on 83 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   Jennifer Ly 
 
 
 
 Trustindex verifies that the original source of the review is Google. Sanjeev and his team are so helpful and responsive. Def highly recommend working with them.
  
 
      Posted on Google  
   
   DOWN 2 EARTH Network 
 
 
 
 Trustindex verifies that the original source of the review is Google. BBS Accounting CPA is a great firm! Highly professional and always reliable. They handle our finances with expertise. Highly recommend!
  
 
      Posted on Google  
   
   Nate TLR 
 
 
 
 Trustindex verifies that the original source of the review is Google. For more than ten years BBS Accounting has provided our luxury real estate sales and property management business in Toronto with professional, friendly and prompt accounting services. BBS has provided us with complete support including responses to bookkeeping questions, support with customer inquiries, direction when dealing with the CRA and more. No question was too big or small for the BBS team. I have no hesitation in recommending BBS Accounting for your accounting needs.
  
 
      Posted on Google  
   
   Sam Fazzina 
 
 
 
 Trustindex verifies that the original source of the review is Google. BBS ACCOUNTING is knowledgable and competent. I've been using them for almost 2 years and I'm very happy. My services include business accounting, personal accounting, as well as my business payroll. Sanjeev and his team are patient with me and always goes out of their way to educate me and answer my questions. They help me make informed decisions when it comes to my personal or business taxes. Thanks to BBS for everything so far and looking forward to a long and healthy relationship. Sam Fazzina Toronto Light Therapy / Toronto Light and Body
  
 
      Posted on Google  
   
   Andres Sanchez-Pillot 
 
 
 
 Trustindex verifies that the original source of the review is Google. Deals with all of the Taxes and is always quick to answer any questions.
  
 
      Posted on Google  
   
   Vikas Palan (Vik) 
 
 
 
 Trustindex verifies that the original source of the review is Google. Sanjeev and Team are great. Knowledgeable and very professional.
  
 
      Posted on Google  
   
   vivek chandra 
 
 
 
 Trustindex verifies that the original source of the review is Google. BBS Accounting Ltd is a reputable accounting firm that provides exceptional services to small businesses. Their expertise in financial management and tax planning is invaluable, offering valuable advice tailored to each client's unique needs. One of the standout features of BBS Accounting is their convenient monthly billing plan, which allows businesses to budget effectively and avoid unexpected lump-sum payments. The firm's commitment to prompt follow-ups and timely tax filing is commendable, ensuring that clients remain compliant and avoid penalties. Their team of knowledgeable professionals stays up-to-date with the latest tax regulations, providing peace of mind to business owners who can focus on growing their operations. Overall, BBS Accounting Ltd is a trusted partner for small businesses seeking comprehensive accounting solutions, valuable guidance, and a seamless experience
  
 
      Posted on Google  
   
   Salman 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent team, that's highly responsive and smart.
  
 
      Posted on Google  
   
   Ruru Baked 
 
 
 
 Trustindex verifies that the original source of the review is Google. We've been customers of BBS for about 4 years now. They are always available to answer questions we have about our finances and taxes, and always on time with completing our books, year ends, payroll taxes, and more. Extremely valuable for any business owner and also affordable. Have recommended BBS to many of our friend's seeking accounting help.