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Category Archives: Medical Dental

Are you deducting medical costs as a business expense?

We can basically say we are in tax season here in Canada. With the deadline for RRSP contribution on March 1, we are certainly considering whether a contribution is the best decision, and we are starting to consider the income and expenses that may or may not be claimed on income tax returns. This post [...]

Business owners can expense medical and dental costs

A Private Health Services Plan (PHSP) allows business owners to expense medical and dental costs for themselves and their employees through their company (even self-employed). I am considering adding one program to my product shelf, but I would like to gauge the potential interest. I have added a link to a one question survey that [...]