About MedTax
There appear to be two distinct companies operating under the name “MedTax.” One is a Canadian tax firm specializing in services for physicians, and the other is a US-based accounting firm that also offers tax services. The Canadian MedTax (MedTax.ca) is a CPA-led tax firm exclusively serving doctors across Canada (excluding Quebec). They aim to help physicians with incorporation support, tax planning, CRA assistance, and provide smarter tools to give doctors more time, clarity, and fewer financial surprises. They focus on proactive guidance tailored to how doctors work, offering year-round support beyond just tax season.
The US-based Med Tax Inc. (medtax.com) is a local, family-owned accounting firm in Wilmington, Delaware, that has been in business for over 35 years. This firm provides a variety of services for both businesses and individuals, including tax preparation, tax planning and compliance, estate and trust tax preparation, and business services like bookkeeping and payroll processing. They emphasize strong service, accountability, and a commitment to staying current with tax law.
Focus Areas
Business Intelligence
| Technology | AI-driven automation, cloud-native |
What Physicians Need to Know
MedTax emphasizes that physicians are often CEOs of their practices and should leverage specialized tax planning to maximize benefits and avoid pitfalls. They advise on incorporation timing, optimizing RRSP and TFSA contributions, and leveraging income splitting opportunities while being mindful of rules like Tax on Split Income (TOSI). For practice transitions, they recommend coordinating retirement planning with exit strategies and considering tools like family trusts to spread gains.
While specific details on their full technology stack are not explicitly stated beyond their own 'Pacioli' tool and complimentary QuickBooks Online & Gusto software for bookkeeping clients, tax and accounting firms typically build integrated systems. These often include tax software that integrates with accounting software (like Intuit Accountant Suite), document management, and collaboration tools to streamline workflows from client intake to e-filing. For medical practices, a robust tech stack generally includes infrastructure, data layers (with formats like HL7 and FHIR), integration layers (middleware, APIs), application layers (EHRs, scheduling, patient portals), and analytics/AI tools. MedTax's focus on secure digital tools and a paperless experience suggests a reliance on integrated platforms to manage client data and services efficiently.
What the Web Says
MedTax appears to be a company primarily offering tax and accounting services, particularly for medical professionals in the Philippines and Canada. Reviews are predominantly found on Reddit, with limited presence on major software review sites like G2, Glassdoor, or Capterra. The sentiment is generally positive regarding their service in simplifying tax filing, though some users express concerns about communication responsiveness.
Overall: MixedStrengths
- Simplifies tax filing for medical professionals.
- Hassle-free service, handling all filing.
- Responsive and reliable for some users.
- Offers helpful advice even for those who prefer to DIY their taxes.
- Has a dedicated app for services.
- Good for those based in Manila, Philippines.
Limitations
- Inconsistent communication and slow response times for some users.
- Some users report not all queries are answered.
- Limited presence and reviews on major software review platforms (G2, Glassdoor, Capterra).
- Concerns about potential penalties if not handled correctly (mentioned by one user on Reddit).
- One user mentioned that if you are an employee, the 8% flat tax rate might not be applicable, and the employer should handle the tax.
Based on reviews from: Reddit (r/pinoymed, r/taxPH), Indeed.com (for MedTax CPA Professional Corporation, a different entity)
Last updated: 2026-10-11
Videos
News, demos, and interviews about MedTax.
Videos load interactively. If none appear, search YouTube for MedTax →
Press & Coverage
Frequently Asked Questions
Related Companies
CoCounsel, developed by Casetext and acquired by Thomson Reuters, is an AI legal assistant designed to streamline various tasks for legal professionals. It leverages generative AI, particularly large language models like GPT-4, and is grounded in Thomson Reuters’ extensive legal content, including Westlaw and Practical Law. For physicians and healthcare providers, while CoCounsel is primarily […]
Juno (junotax.com) is a healthcare AI company that specializes in automating prior authorization and other administrative tasks for medical practices. Their platform leverages artificial intelligence and machine learning to streamline the often-burdensome process of obtaining insurance approvals for treatments, medications, and procedures. By automating data extraction from electronic health records (EHRs), populating forms, and submitting […]
White Coat Planning is a fee-only financial advisory firm specifically designed for physicians and other high-income professionals. The company was founded by Dr. Jim Dahle, who also established The White Coat Investor, an educational resource for medical professionals on personal finance. White Coat Planning aims to provide comprehensive financial planning, investment management, and student loan […]
Dext, formerly known as Receipt Bank, is a company that specializes in bookkeeping automation, leveraging data, technology, and applied AI to enhance productivity and efficiency for businesses, accountants, and bookkeepers. [3, 16] Their platform is designed to streamline financial document management and automate bookkeeping tasks, aiming to simplify the accounting process and enable more informed […]
Nino is an AI-powered financial planning and tax service that aims to provide comprehensive financial guidance. For physicians, Nino’s AI software can help manage income, student loans, and plan career transitions, such as moving from training to practice or considering practice ownership. The platform allows physicians to view loans, income, and savings in one place, […]
The Real Estate Physician is a company that empowers physicians to achieve financial independence through real estate investing. Founded by Dr. Cherry Chen and Alex Luu in 2018, the company provides guidance, education, and support to help healthcare professionals invest in commercial real estate opportunities. They aim to help physicians put their money to work, […]