Author Archives: John Moore

About John Moore

I am a Chartered Professional Accountant (CPA,CA) based in Vancouver, BC who helps doctors, dentists, lawyers and other business professionals keep more of what they earn. I provide tax, accounting and financial planning services for professionals and business owners.

Income Tax Returns for Medical Residents – 2014

January is the start of a new calendar year. It is also the start of a new tax year, which means that it will soon be time to file tax returns for the previous one. Tax returns for most Canadians … Continue reading

Posted in Income Tax | Tagged , , , | Leave a comment

First Income Tax Return after Completing Medical Residency

Transitioning to medical practice from residency is a big step. Completing the requirements of the program, writing certification exams, finding work, getting licensed, applying for hospital privileges, setting up CMPA coverage, etc.  There is so much to be done before … Continue reading

Posted in Income Tax | Tagged , , , , , | 5 Comments

Medical Practice Incorporation – The Basics

I’ve been an accountant for over 20 years and have worked primarily with physicians, dentists and other professionals for most of my career.  Over the years, incorporation is the subject I’ve been asked most about. Should I incorporate my medical … Continue reading

Posted in Medical Corporation | Tagged , , , | 24 Comments

2014 CPRSP Application Deadline for 2013 RRSP Deduction – January 20, 2014

RRSP contributions made in the first 60 days of 2014 are eligible for deduction on your 2013 personal income tax return. This year, the contribution deadline for a 2013 RRSP deduction is March 3, 2014. However, if you want your … Continue reading

Posted in Benefits, Income Tax | Tagged , | Leave a comment

Physician Benefit – The Contributory Professional Retirement Savings Plan

The Contributory Professional Retirement Savings Plan (CPRSP) is one of several benefit programs administered by the BCMA that are available to BC physicians through the Physician Master Agreement. The other benefit programs are the Physician Disability Insurance Program (PDI), the … Continue reading

Posted in Benefits, Income Tax | Tagged , | Leave a comment

2013 CPRSP Application Form

The British Columbia Medical Association (BCMA)  recently released the Contributory Professional Savings Plan (CPRSP) entitlement amounts for 2013. If you are an eligible physician, you should have received your personalized application with  entitlement information by mail or email.  If you have … Continue reading

Posted in Benefits, Income Tax | Tagged , | Leave a comment

First Post, New Blog for BC Physicians

I’ve been writing a blog for business professionals for a while now, but I find I am getting a lot of questions geared to one profession or another. Different professions have many tax, accounting, and financial planning similarities, but there are also many issues specific … Continue reading

Posted in News | Leave a comment