Income splitting used to be one of the simplest tax advantages of incorporating a practice — pay dividends to a lower-income spouse, and the family keeps more after tax. The federal Tax on Split Income (TOSI) rules narrowed that considerably starting in 2018. Here’s what’s actually still allowed, and where physicians and dentists most often […]

For a physician or dentist, your income depends on your ability to physically perform your work — your hands, your back, your eyesight, your stamina during long procedures. That makes disability insurance one of the most important pieces of your financial plan, and also one of the most commonly under-addressed. Here’s what actually matters when […]

Searching for the “best” financial planner produces a lot of lists and not much substance, because “best” depends entirely on what you actually need — and what a physician or dentist needs from a financial planner is genuinely different from what most retail investors need. Here’s a practical framework for evaluating anyone you’re considering, including […]

If your accountant has mentioned setting up a holding company alongside your professional corporation, and the explanation left you more confused than before you asked — you’re not alone. It’s one of the more commonly recommended structures for incorporated physicians, dentists, and business owners, and one of the least clearly explained. The short answer Your […]

Almost every incorporated physician, dentist, or business owner runs into this question within their first year of incorporation, and most get a different answer depending on who they ask. There’s no single right answer that applies to everyone — but there is a clear framework for working out which one is right for you, and […]

It’s a fair question, and one most financial planners are strangely reluctant to answer directly. If you’re a physician, dentist, or incorporated business owner in Calgary shopping around for financial planning help, you’ve probably noticed that pricing is the one thing that’s hardest to pin down before the first meeting. Here’s a plain answer, along […]

Most incorporated physicians and dentists assume that passing wealth to their children tax-efficiently means waiting for an estate freeze, a will, or a large one-time gift late in life. But there’s a structure available right now — while you’re still building your practice and your holding company — that can start shifting future investment growth […]

Buying a dental practice is often one of the largest financial decisions you’ll make in your career — frequently larger than any single investment, and more consequential than most mortgage decisions. It’s also a decision that tends to move fast once the right opportunity appears, which is exactly when it’s easiest to skip steps. What […]

If you’re a new grad working as an associate, or a few years into practice and telling yourself you’ll “figure out the money side once I have my own practice” — this post is for you. Dentistry has a financial timeline that looks different from most professions: significant training debt, an associate period with commission-based […]

“Should I incorporate?” is one of the most common questions we hear from physicians and dentists — and the honest answer is almost always “it depends on your numbers,” not a blanket yes or no. What follows is the framework we actually use to answer it, so you can tell roughly where you stand before […]