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Medical Accounting and Dental Accounting For Medical and Dental Professionals

If you are a medical, dental or similarly qualified health professional in the last year of your university degree or in the first year of running your own medical practice, we can instantly provide you small business accounting, medical accounting and dental accounting to suit your budget.

As an owner of a medical practice, whether in medical, dental, veterinary or physiotherapy, all of these occupations require specific medical accounting, such as claims resolutions, client billings, payroll as well as managing your monthly or quarterly PAYG, PAYGW, GST and superannuation contributions. This is on top of caring for your patients as well as servicing them.

You know you need to not only care for your patients but also manage your day to day medical accounting, book keeping and cash flow needs.

Henry Chow, the Principal of Tax Liaison has more than eighteen (18) years business and employment experience including five (5) years with the Australian Taxation Office and two and a half (2.5) years with KPMG.

If you are medical practitioner, medical specialist, dentist, orthodontist or pharmacist, you may find doing your own medical accounting and book keeping, cumbersome and time consuming.

Have you also experienced problems with your MYOB or Quicken book keeper such that it costs just as much to do your own medical accounting and book keeping as it is when you give your MYOB or Qucken file to your CPA Accountant?

Just as you are an expert or specialist in in diagnosing or prescribing medication to your patients, you should also have an expert CPA Accountant in preparing and finalising your medical accounting and book keeping. Other medical accounting services such as staff payroll are also available. 

If you are a physiotherapist, chiropractor or similar health professional running your own medical or health practice, then helping you with your medical accounting and book keeping will be a breeze.

At Tax Liaison, it is not uncommon to save our clients thousands of dollars in tax by implementing effective structures and strategies and ensuring they are used correctly by a medical or health professional.

At Tax Liaison, the services that we provide to doctors and health professionals include:

  • Implementing Business Structures;
  • Year round Tax Planning;
  • Superannuation strategies and advice including retirement planning;
  • Asset Protection Strategies;
  • Practice Development;
  • Book keeping services (using Banklink, MYOB or Quicken);
  • Financial Planning and Finance (through our established links with financial planners, banks and brokers);
  • Business performance enhancement (through recognised business coaches)
  • Business planning and education (through recognised business coaches)

Tax Liaison and the medical and health industry have one core value in common- we ensure that our clients are given the utmost care and understanding, when handling their financial affairs similar to when a doctor or health professional attend to patient care.

Our comprehensive expertise and approach have been purposively developed and are directed toward one goal: to free you to focus on what you do best, confident in the knowledge that your financial affairs are in good order.
 
We now invite you to experience the Tax Liaison difference in managing your Medical Accounting and book keeping.

Contact us on (02) 9810 5368 or email to the Principal at info@taxliaison.com.au to make an appointment at your convenience.

 

This article is not a substitute for independent professional advice. We do not warrant the accuracy, completeness or adequacy of the information or material in this article. All information is subject to change without notice. We and each party providing material displayed in this article disclaim liability to all persons or organisations in relation to any action(s) taken on the basis of currency or accuracy of the information or material, or any loss or damage suffered in connection with that information or material. You should make your own enquiries before entering into any transaction on the basis of the information or material in this article. Please ensure you contact us to discuss your particular circumstances and how the information provided applies to your situation.

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