Accounting, tax and financial planning for Ontario dentists and physicians
From buying a practice to planning its sale, Deven Sharma and his team help healthcare professionals coordinate their business finances and personal goals.
GETTING TO KNOW YOU
We’ll take the time to review:
- Tax Rates
- Canadian Controlled Private Corporation
- Active Business Income
- Passive Income
- Salary
- Dividend
- RRSP
- TFSA
TAX EFFICIENCY
Understand what’s the most efficient as an individual taxpayer. (Highest tax efficiency to lowest tax efficiency.)
- Capital Dividends/ Shareholder Loan Repayments
- TFSA
- Series T/SWP
- Tax Efficient Distributions (Capital Gains/ Eligible Dividends)
- Non-Eligible Dividends
- Additional RRSP/RRIF Income
- Minimum RRIF, LIF, LRIF
- Employer-sponsored pensions (Defined Benefit/Defined Contributions)
- Government Pensions (CPP, OAS, GIS)
CORPORATE PLANNING- Tax, Retirement, Succession
Integrate your tax planning with your corporation
- Paying Salary vs Dividend.
- Tax planning with your corporation
- Retirement planning using insurance
- Succession Plan
Buying or opening a practice
Understand the financial statements, test the cash flow, plan your financing, and choose a structure that supports your goals.
Running and growing a practice
Get clear financial reporting and practical advice on corporate tax, compensation, investments, and protecting what you have built.
Selling or transitioning a practice
Prepare well before a sale. We help you assess value, compare transaction structures, plan for taxes, and understand what the proceeds can support in retirement.
One coordinated view of your finances
Deven Sharma brings accounting, tax, and financial planning experience to the decisions healthcare professionals face. We look at your practice, corporation, family, and long-term goals together, so each recommendation makes sense in the context of your full financial picture.
Meet Deven Sharma
Devendra (Deven) Sharma, CPA, CMA, CFP, CLU, CHS, CEA, works with dentists, physicians, and business owners across Mississauga and the Greater Toronto Area. He and his team help clients navigate practice finances, tax planning, retirement, insurance, and major business transitions.
Start a conversation
Whether you are evaluating a practice purchase, reviewing your current structure, or planning an eventual sale, tell us what decision is ahead of you.