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Now that your medicine professional corporation is operating you must understand when certain tax filings are due. If you don’t, you may incur unnecessary non-deductible interest and penalties. When you were self-employed, you only had to worry about paying your …
Our guest blogger – accountant Darren Salmond, takes us through the process of incorporating a Medical Professional Corporation (MPC).
If you’ve decided to incorporate your medical practice, you need to know how a company operates and how it’s different from being a self-employed individual. Read on to get the facts.
Is Incorporation Right for You? If you are thinking of incorporating your medical practice there are certain questions you should be asking yourself: Do I earn more each year than my current spending needs? Do I have immediate family members that …
In our capacity as billing agents, we help our doctors get compensated for the work they do. We run accounts receivable reports, follow-up on unpaid claims, and generally have a stake in the financial well-being of our physicians. When we …