Don’t Pay Unnecessary Taxes: 6 Tax Minimization Tips for Dentists for 2024
No one wants to pay unnecessary taxes. Keep more of your hard-earned income by planning ahead. Here are six tailored ...
Tax & Accounting Solutions with MNP
Exclusive discounts available for dentists and dental students
MNP is the exclusive referral partner of CDSPI for personal and business accounting and tax services to address the unique needs of CDSPI clients. For dentists to achieve and maintain a state of financial well-being, it’s important to plan and review their finances in a holistic fashion. The accounting and tax complement to CDSPI’s solutions offers busy dentists the convenience and confidence of a one-stop financial planning with the added value of preferred pricing.
MNP is the exclusive referral partner for personal and business accounting and tax services.
MNP is one of Canada’s leading professional services firms providing client-focused accounting, consulting, tax, and digital services. This strategic agreement enables members of participating dental associations to access a broader suite of end-to-end solutions focused to their needs while simultaneously enhancing the CDSPI customer experience.
Whatever your career stage, MNP through their extensive network of dedicated dental services professionals provides personalized strategies and a full suite of services to assist you.
Preferred Rates on MNP Services:
*Discount applied to MNP’s standard rates
Balanced and Objective Advice
With deep industry insight, experience and a nation-wide network of subject matter experts for support, MNP works with you to overcome challenges and capitalize on decisive opportunities with solutions to help your practice grow and thrive through collaboration, innovation, and mentorship.
Assurance and Accounting
No matter the size of your practice, you need accurate financial statements to help you understand both your current state and the possibilities for the future.
Consulting
Running a successful practice requires knowledge and expertise in a wide range of areas, including management, human resources, and performance improvement. With the support of MNP you can optimize all aspects of your business to grow your bottom line, attract top talent and help you reach your goals.
Corporate Finance
Whether you’re looking to sell your practice, or you’re thinking about acquiring or merging with another practice, the team at MNP will ensure you receive maximum value through your transaction, while providing support every step of the way.
Enterprise Risk
Protect what you’ve built. MNP can help you identify and prioritize your key operational risks, create risk mitigation strategies and develop preparedness plans in the event of an emergency.
Succession
The MNP team works to understand your individual goals and develop a retirement and succession plan tailored to meet your needs.
Tax Planning
Virtually everything you do has tax implications. The team at MNP will identify and implement key strategies aimed at minimizing your taxes, both personally and professionally, including advice on incorporating your practice and income splitting strategies.
Valuations
Whether you are buying or selling, building a succession plan, or dealing with a legal dispute, business valuations provided by MNP Chartered Business Valuators and Accredited Appraisers are essential for assessing the true value of your practice.
Tax Returns for Students
Dental students across Canada who are enrolled in the no-cost student insurance program can have their basic personal tax return completed with an MNP advisor at no-cost. The offer also extends to spouses of dental students. Complete this form and a representative from MNP will be in touch with you directly.
Not currently enrolled in the no-cost insurance program? Learn more about this exclusive insurance offer available to Canadian dental students, and apply online.
Tax & Accounting Resources
What the 2024 Capital Gains Inclusion Rate Change Means for Professionals
Provided by: MNP The 2024 federal budget, entitled Fairness for Every Generation, was delivered by the Honourable Chrystia Freeland, Deputy Prime Minister ...
What Dentists Need to Know About the 2024 Federal Budget
Watch Now: What Dentists Need to Know About the 2024 Federal Budget On Thursday, May 2, CDSPI hosted a webinar ...
How to Make Your Dental Practice More Attractive to Potential Buyers (MNP)
If you own a dental practice and are beginning to think about selling the business, potential buyers will look closely ...
2023 Federal Budget Highlights (MNP)
The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, delivered the 2023 Federal Budget (Budget 2023), entitled A Made-In-Canada ...
2023 Ontario Budget Highlights (MNP)
Ontario Minister of Finance Peter Bethlenfalvy tabled the province's 2023 Budget on Thursday, March 23, 2023. This year's budget, titled Building ...
What Budget 2022 Means for Professionals (MNP)
Synopsis MNP's Gavin Miranda highlights key details professionals in Canada should consider following the tabling of the 2022 Federal Budget ...
2022 Federal Budget Highlights (MNP)
Synopsis Deputy Prime Minister and Minister of Finance the Hon. Chrystia Freeland tabled the Federal Government's budget on April 7, ...
Don’t Miss out on Tax Savings for 2021! (MNP)
Synopsis There are various deductions and credits available to professionals to help manage their personal tax liability. It's that time ...
National in scope and local in focus, MNP is one of Canada’s leading professional services firms — proudly serving individuals, businesses, and organizations since 1958. Through the development of strong relationships, they provide client-focused accounting, consulting, tax, and digital services. MNP and CDSPI are strongly aligned in our approach – building strong relationships and providing personalized advice and strategies to help dentists achieve their goals.