If you’re a therapist running a your own practice, you may be wondering how much you should be spending on marketing or advertising; if at all. For some, marketing is essential to the continuity and growth of their business, especially group practices. For others, they just need to ensure they maintain a small waitlist …
I think I should be able to do my own taxes, would you suggest a program? You could certainly use TurboTax or TaxAct. Both are user friendly. However, it’s not ideal to do it yourself as a business owner. TurboTax and similar tax software is perfectly fine when you don’t own a business. The tax …
Should I Use Tax Software Like TurboTax For My Mental Health Private Practice? Read More »
Takeaway: You’ve made the decision to venture into private practice–now it’s time to decide whether you want to start a solo practice or join an existing group practice. There is no right or wrong approach, so it’s important to reflect on which is best for you. In this post, we’ll provide insight into the pros …
Quarterly Tax Payments – Paying quarterly taxes is one way to make sure you’re giving the Internal Revenue Service (and state) enough money during the year to avoid owing them a lump sum at filing time – or since they expect to be paid you might incur penalties and interest. There are two types of quarterly tax payments: …
What are some of the most common mistakes you see therapists making in their private practices? You guys don’t charge enough! If you have yourself a private practice where you are seeing 18 +/- clients a week and you are struggling, a good chance is you are not charging enough. I get that you are in …
