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Common Accounting Issues Facing Health Professionals

Common tax and accounting issues for the health industry that we commonly solve at GrowthMD:

  • Late lodgments and poor record keeping - there is no excuse for this, and it is so easy to overcome!

  • Non-compliance with tax legislation - medical professionals and businesses have extra considerations that many accountants overlook

  • Related party loan issues - save yourself the heartache (and tax cost) and seek this out sooner rather than later

  • Missing or incorrect deductions - nothing is worse than missing out on deductions because of poor planning or education.

GrowthMD is a medical specialist accounting firm dedicated to working with medical practices

and practitioners.

We would love to talk to you about helping you with your taxes and lodgments in the future.


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