You must pay taxes, but there’s no law that you have to leave a tip
We take care of everything else
We minimize the stress and burden of your finances by:
Understanding the issues related to your personal and corporate finances including common medical billing arrangements, real estate, investments and insurance.
Corresponding directly with your financial advisors, bank, lawyer and CRA on your behalf.
Minimizing your taxes using well-conceived strategies defendable in the very unlikely event of an audit.
Who We Work With
Residents & Fellows
Bokhaut prepares basic personal tax returns for resident physicians and their spouses free of charge.
Our expertise is in areas including:
✓ Tax treatment of fellowship and scholarship income earned in Canada and abroad
✓ Coordinating US and Canadian tax filings
✓ Resident retention grants and loans
✓ Moving expenses and relocation incentives
✓ Expenses common to medical residents
Physicians
Our services are designed to allow physicians to fully understand their finances while eliminating the task of administering their finances. Our services include:
✓ Providing an independent second opinion on all financial decisions
✓ Sourcing other professionals with experience servicing physicians
✓ Corresponding with CRA on all matters
✓ Decision to incorporate or to dissolve a corporation
✓ Tax planning for investment and real estate income
✓ Corporate reorganizations and estate planning
Clinics
Our experience representing clinics are of particular help to small medical clinics without the need for a full time financial professional to manage their affairs. Services include:
✓ Arranging financing to purchase, establish or expand clinics
✓ Design and review of cost sharing and associate agreements
✓ Tax planning associated with clinics
✓ Goods and Services Tax issues
✓ Structuring compensation for associate physicians
Partners
Brad Bokhaut, CPA
Brad Bokhaut, CPA
Brad Bokhaut has been assisting physicians with their financial management needs since 1998.
Brad understands that busy physicians have complex financial and tax affairs and appreciate the services of a Chief Financial Officer – someone with the expertise to coordinate all their financial needs.
He has well established relationships with other professionals – lawyers, bankers, financial advisors, insurance representatives and others who also have significant experience servicing physicians, and accounting staff at various hospitals and medical clinics, and communicates with them directly.
Brad has been quoted in CMAJ and has delivered presentations on taxation issues for Doctors Manitoba, MD Management, Law Society of Manitoba, PARIM, Manitoba Clinic Management Group and various investment advisory firms.
Lainey Bokhaut, CPA
Lainey works with residents, attendings, medical corporations, and clinics.
She often works with new to practice physicians, guiding them through the path of debt repayment, incorporation, and financial literacy.
Lainey is a recurring lecturer for the Canadian Medical Association, providing bi-annual seminars to resident physicians of the University of Manitoba.
Lainey Bokhaut, CPA
Lainey Bokhaut, CPA
Lainey advises medical residents on financial management and helps them to build a foundation of financial literacy. She also works with practicing physicians, their medical corporations, and medical clinics.
Lainey teaches financial and taxation literacy to resident physicians of the University of Manitoba as part of the CMA Practice Management Curriculum.
Lainey sits on the Board and Audit Committee of the Jewish Foundation. She also coaches the Entrepreneurship team at Asper School of Business.
Management Team
Our goal is to help you spend your leisure time with friends and family. Leave your financial affairs to us.
What Our Clients Think
Blogs
Tax Implications of Gift Gifting From Your Medical Practice
As the holiday season approaches, doctors often give gifts to colleagues, administrative staff, nurses, and professional advisors. While these gestures are generous, they may lead to unexpected tax implications. Gifts to Non-Employees: Doctors may give gifts to...
11 Reasons Why Physicians Contribute to RESPs
As veterans of higher education, physicians often anticipate that their children will carry the torch of post-secondary learning. Physicians can optimize savings and tax on this future expenditure by contributing to a Registered Education Savings Plan (RESP), which...
Physician New to Canada? What you need to know about Canadian Personal Taxes.
Are you a physician that moved to Canada in the last year? If so, these are some things that you should know about filing your first Canadian Personal Tax Return: When are Canadian taxes due? Canadian personal taxes are calculated based on income earned between...
Connect With Us
Phone: (204) 947-1962
Fax: (204) 942-6061
Email: reception@bokhaut.ca
Free Parking
We offer free parking for our clients on the 2nd floor of the parkade located on 35 Albert Street. Please park in one of the available spots below the third floor and provide the receptionist your license number to validate your parking.