Featherly Services is a CPA-registered firm that works with dentists and dental practice owners across the Greater Toronto Area and Ontario. We handle the bookkeeping, your professional corporation's T2, your personal T1, and the HST questions that generalist bookkeepers get wrong.
Most dental services are HST-exempt, but cosmetic work and some product sales are not, and that mix decides which input tax credits you can claim. Dentists usually practise through a professional corporation, so your pay structure, associate arrangements, and equipment purchases should be planned together, not filed in June.
Basic dental care is exempt. Purely cosmetic procedures such as whitening are typically taxable. A mixed practice has to split revenue correctly, because it limits the input tax credits you can claim.
Ontario dentists commonly practise through a professional corporation. Salary versus dividends, retained earnings, and rules on family shareholders all change how much tax you pay on the same income.
Whether an associate is an employee or an independent contractor affects payroll, HST, and audit exposure. The label in the agreement is not enough. CRA looks at how the relationship actually works.
Chairs, imaging, sterilization equipment, and computers sit in different CCA classes at different rates. Timing a purchase around year end can shift the deduction between tax years.
Coding lab fees, materials, and clinic overhead separately shows your real margins and lets you compare your practice against benchmarks.
A practice purchase or sale involves goodwill, asset versus share deals, and possibly the lifetime capital gains exemption on qualifying shares. The planning has to start well before the deal.
Pricing: bookkeeping from $500 a month, T2 returns from $2,000. Priced by volume and complexity, quoted after a free intro call.
Book a Free Intro CallMost dental services are exempt from HST, so dentists generally do not charge it on treatments. Cosmetic-only procedures such as teeth whitening are typically taxable. A practice that offers both has to track them separately.
Most established dentists in Ontario practise through a professional corporation, which lets you defer personal tax on income you do not need to draw. Once net income is consistently above roughly $100,000, the deferral usually outweighs the added accounting and legal cost, but it depends on your situation.
Our monthly bookkeeping starts at $500 a month and T2 corporate tax returns start at $2,000, priced by transaction volume and complexity. A multi-associate practice is quoted after a free intro call.
Yes. We are fully remote and work with dentists across Ontario using shared QuickBooks Online access and secure document sharing.
We serve clients across the Greater Toronto Area, including Toronto, Mississauga, Markham, Vaughan, Brampton, Oakville, Hamilton, Ottawa, Oshawa, and all of Ontario. Book a free 20-minute intro call. No pressure, no sales pitch.
Book a Free Intro Call