There are three common ways to structure a private practice: LLC, PLLC & S Corp. Which is best for your business? We scan your financials to figure out the most tax effective way to structure your private practice.
There are various tax deductions you can make depending on the structure of your practice. Do you use a home office? Do you commute to work? How much do you spend on office supplies? These are all things to take into consideration that may not be top of a mind for a general accountant.
Tax laws around deductions, credits & reimbursements are constantly changing. It's important to work with an accountant that knows the ins and outs of your industry in order to stay full across all benefits & tax advantages for each year's return.
Are you running a private practice?
This is our in-house resource for getting started with your finances in the first year.
Understand how much should a therapist pay themselves. This guide shows what to consider in your calculation and avoid mistakes.
Discover this 1099 vs W-2 guide for therapists and know which of these fits your business and avoid the hassles when misclassified.
Evaluate whether your biller costing therapy practice money and what you can do to manage it better.
