Medical Accounting for Healthcare Professionals in St Kilda
Supporting the unique needs of medical professionals in St Kilda and surrounds.
Safeguard and Grow Your Medical Business
Juggling financial management as a medical professional and business owner can be incredibly challenging. Without the right approach, you might overlook essential strategies that safeguard your financial future, potentially leading to late tax returns, missed salary packaging benefits, confusion over financial statements and tax laws, and setbacks in reaching your financial goals.
This is why partnering with a financial advisor who understands the unique challenges of the medical industry can be incredibly valuable. Our specialised medical accountants have in-depth expertise in the financial needs of healthcare professionals. We offer a comprehensive range of accounting services tailored to help medical practitioners achieve their financial goals.
Experienced Medical Accountants for Healthcare Professionals St Kilda
{Medical practitioners do amazing work in our community. We are passionate about helping all those who work in the medical industry to reach their Medical professionals make a significant impact on our community. We are committed to supporting those in the medical industry in achieving their financial goals. As your trusted accountant, we provide expert advice across all aspects of medical accounting.
With vast expertise in medical accounting, our director, Lawrie Carrozza, has been instrumental in supporting healthcare professionals. He contributed to the development of a tax and wealth education program for medical practitioners, which was first accredited by the Royal Australian College of General Practitioners (RACGP) and provided doctors with 40 CPD points for a one-day course.
Lawrie also played a key role in designing an accredited course on tax and wealth creation for the following organisations and has been a speaker and presenter for them for close to three years:
- RACGP – Royal Australian College of General Practitioners
- ADIA – Australia Dental Institute Association
- AAPM – Australian association of Practice Management
- ACRRM – Australian College of Rural & Remote Medicine
How Can Medical Accounting Services Help?
Whether you are beginning your medical career, have been working in the medical field for over a decade, or have acquired your own medical clinic or medical practice, having access to an experienced and friendly team of medical accountants can do wonders for your personal finances and/or your business growth. Our financial advice is based on relevant, up-to-date knowledge and requirements alongside years of experience to deliver stress free guidance to put you on the right track.
At Foresight Accounting, we have a deep understanding of the accounting and taxation challenges faced by medical professionals. We recognise both the complexities and the financial goals unique to your profession. Whether it’s tax returns, income tax laws, cash flow management, superannuation obligations, or client billing, our experienced team is here to support you every step of the way.
We can assist you with a range of financial matters, including:
- Creating the correct tax structure, such as family trusts for maximum asset protection.
- Setting up a property trust to enhance asset protection.
- Navigating tax returns, deductions, and income distribution options tailored for contracting medical professionals.
- Optimising property and investment strategies for medical professionals.
- Helping medical professionals set up their own self-managed superannuation fund and leverage it to build a strong property investment portfolio.
Financial Services for Medical, Dental and Other Medical Services
Medical practices require specialised accounting services designed for the healthcare sector. Foresight offers tailored financial solutions to help clinics and practices with:
- The practice fee base growth and internet marketing.
- Helping you find and recruit the right doctors for your practice.
- Securing financing to acquire your own practice or invest in a practice.
- Helping you assess the true value of a practice or units in a practice before you buy.
- Providing expert valuation services for your practice or practice units before selling.
- Supporting you with strategies to maximise the worth of your medical practice.
- Guiding you through the setup and integration of Xero bookkeeping for your medical practice.
Why Choose Foresight Accounting as Your Medical Accountant in St Kilda
As dedicated medical accountants, our goal is to provide exceptional support, allowing you to focus entirely on patient care and the field you’re passionate about. Here’s why Foresight should be your trusted medical accountant in St Kilda:
If you're looking for expert accounting advice closer to your area, we also provide medical accounting services across a range of suburbs in and around Melbourne.
Personalised Advice
Effective financial planning and management require personalised strategies and proactive support. We take the time to understand your goals and collaborate with you to achieve your desired outcomes.
We Go the Extra Mile
Our team is with you during the whole process of getting your financial future on track. With our comprehensive business accounting knowledge and understanding of the medical industry, we deliver financial advice of a high standard to all our clients, making sure no stone goes unturned.
Open Communication
Investing in your future should come with certainty, not surprise costs or unclear terms. We offer a free, no-obligation consultation and fixed fees, so you always know exactly what to expect from our advice and financial services.
Plan with Foresight: Your Medical Accountant, St Kilda
Every medical professional deserves reliable and comprehensive financial guidance. From tax returns for your medical practice to structuring your business for success and managing your personal finances, Foresight Accounting is here to support you every step of the way.