Tax for Doctors – 2nd Canadian edition is a book that can be read in a few hours to immediately give the reader a good understanding of various tax topics. Dorin has endeavoured to eliminate many of the technical aspects of a traditional taxation book and instead discuss the topics in an easy-to-read format. The book begins with the benefits of incorporation and provides an overview of the remuneration strategies and various tax registered plans. Next, life insurance and tax planning benefits are introduced to the reader and the tax deductions available to both unincorporated doctors and professional corporations are presented in detail. Several common real estate leasing pitfalls are discussed and followed by a chapter about personal tax credits and deductions for doctors and medical students. Finally, the second edition includes GST/HST considerations relevant to doctors. As suggested in the title, the book offers additional resources to enable doctors to start and maintain a successful practice.
Dorin Mihalache is a Chartered Professional Accountant (CPA)/Chartered Accountant (CA) with twenty-plus years' experience in public practice. He recognized that many doctors-clients are facing similar taxation problems so he decided to write a book to help doctors make the most out of their professional practice. He lives in Calgary, Alberta and works with clients from across the country.