We wish starting a therapy practice in Washington was as simple as getting a few clients and slapping an “open” sign on the door. Unfortunately, that’s just not the case. From insurance and licenses to accounting software, you’ll have a lot of ducks to keep in a row.
As a psychologist, you are an expert in the realm of the mind, and you understand better than we do how the build-up of stress
Deposition Reporter: [reading off paper] “Mr. Scott, do you realize you just contradicted yourself?” “I did?” “Yes you did.” “Can I go to the bathroom?”
We see 3 common tax and accounting mistakes for therapists in private practice: Only using a Practice Management Software aka not keep track of expenses
Have you established a SEP-IRA and are wondering if you’re doing it right? Or perhaps you’re considering establishing a SEP-IRA for you and your employees.
Have you read our post on being a PLLC in Washington and realized you need to set one up? Here is our step by step checklist
How Does An S-Corporation Save Money? If you have read our post about S-Corporations and determining a reasonable salary, you’re probably wondering how S-Corps help
An EIN is a nine-digit number assigned by the IRS and used to identify your business. It’s like a Social Security number for your business
How to Pay Yourself in Private Practice? For most therapists in private practice, it depends. No, really — it does. I ask each client a
Starting off such a comparison is like comparing apples to oranges. A PLLC, or an LLC, is how your business is formed with the state.
