Business Articles for Therapists & Other Practitioners

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Therapy Practice Year-End Tax Checklist for 2026
Therapy Practice Year-End Tax Checklist: 15 Things to Do Before December 31, 2026 This therapy practice year-end tax checklist is designed to help private practice owners close out the year without leaving deductions, retirement
Are CEUs Tax Deductible for Therapists? 2026 Guide
Therapist CEU Tax Deductions: What Counts and What Doesn’t in 2026 Therapist CEU tax deductions are one of the most overlooked ways private practice owners leave money on the table. Continuing education is part
Can Therapists Deduct Their Own Therapy?
Can Therapists Deduct Their Own Therapy? IRS Rules Explained (2026) Can therapists deduct their own therapy on their taxes? It’s one of the most common tax questions private practice owners ask: since my own
Home Office Deduction for Therapists (2026 Guide)
Home Office Deduction for Therapists in 2026: Everything You Need to Know The home office deduction for therapists is another deduction that has incredible nuance and can be hard to decipher. This 2026 home
Therapist Mileage & Vehicle Tax Deductions | 2026 Guide
Deducting Vehicle Expenses as a Therapist: Mileage vs. Actual Expenses in 2026 If you own a private therapy practice, you probably drive for your business more often than you realize…and the information about how
Top 25 Most Overlooked Therapy Practice Tax Deductions in 2026
Top 25 Most Overlooked Therapy Practice Tax Deductions in 2026 If you’re a therapist in private practice, every legitimate deduction you miss is money left on the table. The good news? Most therapy practice
Are EMDR, Gottman & Other Therapy Certifications Tax Deductible? (2026 IRS Guide)
Are EMDR, Gottman & Other Therapy Certifications Tax Deductible? What Therapists Need to Know in 2026 Therapy certifications aren’t cheap. Whether you’re investing in EMDR, Gottman Method, Internal Family Systems (IFS), Emotionally Focused Therapy
LLC vs. S-Corp for Therapists: Which Entity Saves You More Money?
You’re a therapist in private practice and you’ve been hearing other practice owners talk about becoming an S-Corp. What does it mean, and might it be for you? It’s a real strategy, it saves
The Complete Guide to Paying and Sustaining a Growing Therapy Team
The Complete Guide to Paying and Sustaining a Growing Therapy Team Running a group practice is a different job than seeing clients. The day you hire your first clinician, you stop being only a
How Much Do Private Practice Therapists Make? Pay & Splits
What to Pay Clinicians and Protect Your Owner Take-Home If you run a group practice, one question shapes almost every decision you make: how much do private practice therapists make, and how much should
Owner’s Draw vs Salary For Therapists
Owner’s Draw vs Salary: How Therapy Practice Owners Pay Themselves Most therapy practice owners pay everyone else first and themselves last. The fix starts with one decision: owners draw vs salary. How you take
Strategies to Reduce Therapist Burnout in Your Group Practice
How to Prevent Therapist Burnout in a Group Practice Therapist burnout is one of the biggest threats to a group practice. When a clinician burns out, clients feel it, the team feels it, and

How to Hire a Therapist for Your Private Practice: Do’s and Don’ts
Hiring is the hardest part of being a private practice owner, because it takes thought, planning, and practice to get right. The truth is, unless you’re lucky, you’ll run in to challenges with your
GreenOak Accounting Alternative: Wellness Fi vs. GreenOak
GreenOak Accounting Alternative: Accounting For Therapists in 2026 In this article, “GreenOak Accounting Alternative” we break down the differences between Wellness Fi and GreenOak Accounting for Therapists in 2026. We’ll review the fundamental differences
Heard Alternative for Therapists: Wellness Fi vs. Heard (2026)
Heard Alternative for Therapists: Wellness Fi vs. Heard (2026) If you’re looking for a Heard alternative for therapists, you’re likely comparing Heard, a software platform, to a specialized accounting firm like Wellness Fi. In
Extension time: Your Apr 15 responsibilities
Extension time: Your Apr 15 responsibilities as a taxpayer Many of our customers file their taxes by Apr 15. Many file an extension and finish their taxes by the extended deadline on Oct 15,
Updated after rule changes: the Beneficial Ownership Information Report
UPDATE: BOI Reporting Requirement Rescinded (March 2025) As of March 26, 2025, FinCEN issued an interim final rule that exempts all U.S. domestic companies from the requirement to report Beneficial Ownership Information. If your

The Complete Guide to Bookkeeping for Therapists: Smart Steps to Manage Your Private Practice Finances
Bookkeeping for therapists isn’t just about tracking numbers. It’s about building clarity, confidence, and growth in your private practice. For psychologists and therapists, keeping your finances organized is the foundation for stress-free tax seasons

Financial Tips for Therapists: 7 Smart Strategies to Build a Profitable Private Practice
As a therapist or psychologist, you dedicate your time to helping others. However, managing your own financial health is just as important. Many wellness professionals graduate without ever learning how to handle business finances,

Private Practice Accounting for Therapists: 5 Reasons You Need a Specialist
Running a successful therapy practice requires more than excellent clinical care. It also requires a clear handle on your business finances. Private practice accounting for therapists involves unique challenges that general accountants may not
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