Video

Do you think it would be a good idea to save in both tfsa and fhsa?

Dr. Steph, you explained it so clear, better than my accounting prof 😂😂

Why do you lose contribution room if you sell at a loss?

Hi Dr Zhou, I am currently doing some addiction work and family medicine (FFS). I am planning on joining a FHO for general practice. Could you speak a little more about how you are able to continue billing FFS for your addiction practice? What happens if the patients you are seeing in your addiction clinic are rostered to you or another physician within your FHO? Thank you so much!

excellent resource. One questions; if we are doing FHO can we do walk in in rural area ( if I want to have that mix of urban and rural pt) . I guess I want to ask about can there be two localities that we can serve. Do we need to be part of two different FHO. or FHO and FFS( Walk-in)?

Thank you Dr Steph and Dr. Saleh. I am starting a FHO clinic in Toronto with my friends. We are looking for a lawyer. Could you please share your lawyer"s name?

How much are Canadian eligible dividend stocks in your small Canadian corporation investment account taxed? I am referring to the dividend income not the capital gains. Thanks for the informative video.

Hello, in your video it says that OSAP grants and school scholarships are usually exempt from tax for full time students. 1. So does this mean we don't enter OSAP grants/Scholarship amounts at all when filing taxes? Or we enter the info from the T4A for these along with the T2202, but it shouldn’t generate any taxes owed? 2. If the the combination of OSAP grant, entrance scholarships, and EAP funds taken from an RESP exceed the amount of what the tuition cost - would the OSAP grant/Scholarships still not be taxed and/or not factored in? 3. Would only the EAP portion be calculated for the purpose of determining if a student would pay any taxes? I'll be filing the taxes myself (no accountant) so a little clarity on this part would be very helpful! Thanks!

Thank you so much for this. The T1213 is a powerful tool for tuition tax credits that I and most people I know had no clue about.

Does anyone know how I can access my payment history?

Great to see physician entrepreneurs in Ontario encouraging others to build clinics and service patients.

𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 0:47 - The Why of Starting a Medical Practice 3:22 - Costs of Opening a Clinic 5:01 - Obtaining Financing & Getting a Commercial Mortgage 8:03 - Commercial Mortgage Interest Rates (Owner Occupied vs Not) 9:55 - Renting vs Buying Commercial Space 12:06 - Renovation & Construction 15:20 - Incorporation & Holding Company 16:42 - Using a Professional Line of Credit 17:07 - How to Make a Business Plan 21:41 - The Risks 23:03 - Surround yourself with the right Team 23:37 - Path to Profitability & Cash Flow 32:00 - Recruiting Doctors & Admin 39:23 - Weekly schedule as a Clinic Owner & Family Doctor 40:53 - Becoming a Startup Founder & Building an AI Scribe 48:36 - Getting Startup Funding 48:59 - Future Directions 50:27 - Rapid Fire Questions & Parting Advice

Thank you for this

I'm currently on disability and I'm looking into medical billing and coding as a new career as it may work with my disability quite well. I'm looking for more information to make sure this is something that I can do. I did find an online course for ohip that was roughly about $500 what would be your recommendations

Ive been there its the best

Very enrich insights, thank you so much for sharing❤

PART 1: czcams.com/video/XGvuazgs5R0/video.html 𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 0:03 - Special Visit Premiums 3:51 - Negating FHO Family Doctors 6:35 - K codes 10:47 - Criticall / Phone Consults 15:09 - Forms 17:11 - G codes 22:14 - Combining codes 24:12 - Anesthesia codes 27:05 - Procedure Billing 30:34 - Private Billing - Refugees, Out of Province, WSIB 34:00 - Practical Advice 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀: 1. EM London Site: emlondon.ca/emergency-ohip-fee-codes/ 2. Dr. OHIP's Emergency Room Billing Sheet (June 2016): web.ncf.ca/ex864/schedule/docs/DrOHIP.pdf 3. Doctorcare Special Visit Premium Guide: www.doctorcare.ca/wp-content/uploads/2024/06/DoctorCare_ON_QRG_ER_SpecialPremiums_May2024-1.pdf 4. Billing Lectures Playlist: czcams.com/play/PLGdS4wa7pJWjBHxvR5bwHI_yi-wHL9Vu-.html

𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 2:02 - Tips from a Billing Agent 4:58 - Resources to Know 5:39 - ER Billing 101 (Minor, Comprehensive, Multi System Codes) 11:39 - Reassessment Codes 15:51 - Ultrasound Codes (H100) 18:26 - Admission Orders (H105) 21:28 - Keeping track of billing during a shift 29:45 - Premium Codes (H112/H113) 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀: 1. EM London Site: emlondon.ca/emergency-ohip-fee-codes/ 2. Dr. OHIP's Emergency Room Billing Sheet (June 2016): web.ncf.ca/ex864/schedule/docs/DrOHIP.pdf 3. Doctorcare Special Visit Premium Guide: www.doctorcare.ca/wp-content/uploads/2024/06/DoctorCare_ON_QRG_ER_SpecialPremiums_May2024-1.pdf 4. Billing Lectures Playlist: czcams.com/play/PLGdS4wa7pJWjBHxvR5bwHI_yi-wHL9Vu-.html

❤❤❤❤ what no one chats 😂😂😂😂😂

Thank you for the video! Very clear and concise 👍

Thank you so much Stephanie for your channel , would you please advise about CCFP membership renewal

Hi Steph, It would be great if you could ans follow, i am super confused: 1. I did my study from ontario. My assessment notice say i have 32,393 federal tuition edu and txt book amounts. Why is there no mention of Ontario amount? I had filed from accountant. Did he miss anything? 2. In T1213, what is to be mentioned in salary ? - biweekly or yearly salary? - current year (the year dated on form) or previous year? I believe its current year as i will be getting tax credit on current salary. Still confirming. 3. They have just mentioned attach supporting documents. However there's no mention of exact documents. The have provided link..but there too no mention of documents specifically required for tution tax credits. It just says in general that submit T4 (again since i am filing for this year, i dnt have this years t4, only previous years) 4. They have given you can submit online as well as offline. But online doesn't give option for tution tax credit related submissions. So can you explain how to submit offline ? your video end on just filling. No info on how and where to submit.

Detailed and straight to the points. One of the best videos I've ever seen on tax.

If you are a small business owner, you legally own your home, and your home is legally your ‘Home Office’, and you don’t want to sell it, can your divorcing spouse claim your home (also technically your home office)?

Super helpful introspect thank you

Is there a billing course within OHIP that they offer? MSB offers a basic course for free in Saskatchewan for physicians, NP's and Medical Billers.

All civilized countries have maternity leaves. Bravo!

14:50 what is meant be the small cap premium being about 1%?

How can you buy a with a home for $40,000 that is the maximum. Give it up unless you need a tax break.

😇 P r o m o S M

❤🎉😊🎉❤

Any tips on residency CV writing

Would the amount that I got from income stabilization be deducted later on ? Thanks

For PART 1 of the video: czcams.com/video/cz8rbGyyjLw/video.html 𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 0:47 - What can be included in a prenup? 3:55 - Can a prenup protect future income? 5:53 - What happens to debt in a prenup? 8:31 - Case: Protecting equity vs Income 11:36 - Can prenups protect future investments? 13:52 - What happens to investments purchased after marriage? 15:10 - Protecting Inheritances 17:00 - How long should spousal support be paid out? 18:27 - Lump Sum Spousal Support & Tax Deduction 20:04 - Child Support & Section 7 Expenses 23:07 - How long do you have to pay child support for? 25:25 - What invalidates a prenup? 29:46 - Getting separate legal counsel 31:16 - Case: When both partners own their home which becomes the matrimonial home? 34:52 - How to find a good family lawyer? 35:15 - Best relationship advice 35:29 - Red flags in a relationship from divorce cases 35:47 - Range of costs for prenups and cohabitation agreements 37:16 - Best resource for marriage advice

We need more of this!!!

Is a MPC (medical personal corporation) still worthwhile in 2024 after all the changes in tax legislation?

Hi, how do I see part 2 of this talk?

Is investing in a FHSA reduce Taxable income? Thanks

𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 7:09 - 4 Principles of Efficient Charting 8:31 - Complete Chart After Every Encounter 11:44 - Leading Your Clinical Encounters 14:38 - An Exact Plan for Inbox 15:41 - Manage Interruptions 19:51 - How did you get started with practice efficiency? 24:25 - What to do about offloading of work from specialists & others? 27:32 - Are AI Scribes worth it? 35:25 - How to deal with prescription refills quickly? 39:16 - How to chart efficiently as a resident when you don’t have control of the schedule? 42:05 - Resource for templates 43:03 - How to deal with anxiety around patient complaints? 48:44 - Do I have to review the whole patient chart? 52:20 - Finding the time to Fill out Forms 55:02 - FHO vs FHG practice models?

Is there a form for employer to apply the provincial tuition credit off your paycheque?

Super interesting, thank you. I've watched this as someone living in BC and believe in this province there were changes to the family act in 2013 that enable division of property in common law relationships, meaning you do need a cohabitation agreement to steer clear of this. At least that's my understanding. I would really really stress that this advice is province-specific to Ontario.

Thank you for the great information.

For Part 2: czcams.com/video/JRb_jFp_uHs/video.htmlsi=loOt5-oSNVb57b55 𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 0:22 - What happens when you divorce or separate? 1:20 - Difference between between Married and Common Law couples in separation 3:29 - Net Family Property (NFP) Calculation 4:44 - Equalization Payment Calculation Case - No Prenup 6:47 - Common Law Couple Case: Constructive Trust Claim 12:05 - How is Child Support Calculated? 13:01 - How is Spousal Support Calculated? 14:05 - Is a prenup needed if we have similar net worth? 18:49 - What happens if your partner doesn’t want a prenup? 22:33 - Negotiating Spousal Support in a Prenup 24:37 - Differences between divorces with and without prenups?

WHERE DO I SEND IT

This is a great Video and Advice. Couple of questions if you can please assist with: Wife makes 100k/Year T4 Full Time Employee Husband Makes 200k/Year T4 Full Time Employee as well. If husband employees wife for lets say 40k/year. What will be the tax savings for this? There is no corporation no business and what are the other ways other than employing the partner for income splitting? Both are 35 years old no Kid Can it be done for previous years? Considering Spousal RRSP or Investment Loan is not an option. Will really appreciate your response on this. And also How can this be done what are the formalities needed to be done for this? Thanks in advance

Hello Dr.Steph. Thanks for sharing this information with us. It really helped me understand the basics. I have a question though. This is my last term at the university, it ends in June. I was unemployed in 2023. I wanted to file for tuition tax credits. I paid about $25000 last year. How can I use the tax credit now? I am almost done studying at this university. Also, I will be studying at a different college from September. Please tell me how to claim a tuition tax credit for 2023. Thank you. Have a wonderful day.

What if I pay all my loans just after graduation within 6 months?

Hi Steph, Is the transit pass that I paid for commuting from and to my workplace qualify to deduct my taxes. The pass was provided by my university and was was in fess. It was at a rate lower than the regular price. For example- Bus pass in HRM was 82.5 a month. But I paid around 190 dollars for 8 the 8 month period when I was a student.

Dear Dr Steph: What is the appropriate billing code for a meet and greet? What do you think should be required for a meet and greet consultation? Thank you kindly, Par (new family physician in Ontario, previous practice as a GP in Australia)