THE WELLNESS FI JOURNAL
A healthier financial life
for your practice.
Practical guidance on bookkeeping, taxes, and growing a private practice—written for therapists, psychologists, and wellness professionals.
Insights for your next chapter
Clear answers. Useful next steps. More confidence in the business behind your care.
Collective Alternative for Therapists: Wellness Fi vs. Collective (2026)
Read article →: Collective Alternative for Therapists: Wellness Fi vs. Collective (2026)Collective Alternative for Therapists: Wellness Fi vs. Collective (2026) If you’re looking for a Collective alternative for therapists, you’re likely comparing Collective, an all-in-one…
Therapist Mileage & Vehicle Tax Deductions
Read article →: Therapist Mileage & Vehicle Tax DeductionsDeducting Vehicle Expenses as a Therapist: Mileage vs. Actual Expenses in 2026 If you own a private therapy practice, you probably drive for your…
Can Therapists Deduct Their Own Therapy?
Read article →: Can Therapists Deduct Their Own Therapy?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…
Therapy Practice Year-End Tax Checklist for 2026
Read article →: Therapy Practice Year-End Tax Checklist for 2026This therapy practice year-end tax checklist is designed to help private practice owners close out the year without leaving deductions, retirement opportunities, or bookkeeping…
Home Office Deduction for Therapists in 2026: Everything You Need to Know
Read article →: Home Office Deduction for Therapists in 2026: Everything You Need to KnowThe home office deduction for therapists is another deduction that has incredible nuance and can be hard to decipher. This 2026 home office deduction…
Are CEUs and Therapy Certifications Tax Deductible?
Read article →: Are CEUs and Therapy Certifications Tax Deductible?Updated October 2026 · By Mark Schwarz · Reviewed by WellnessFi’s tax team Continuing education is part of the job when you’re a therapist,…
S-Corp Accountable Plan for Therapists, With a Free Template
Read article →: S-Corp Accountable Plan for Therapists, With a Free TemplateUpdated October 2026 · By Mark Schwarz · Reviewed by WellnessFi’s tax team If your practice is an S-corp, some of your business costs…
LLC vs. S-Corp for Therapists: Which Entity Saves You More Money?
Read article →: 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…
Tax Deductions for Therapists: The Complete Checklist
Read article →: Tax Deductions for Therapists: The Complete ChecklistUpdated October 2026 · By Mark Schwarz · Reviewed by Wellness Fi’s tax team If you’re a therapist in private practice, every legitimate deduction…
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