Doctors do not struggle with finances because they lack intelligence or discipline. The challenge is that healthcare finances follow rules that do not apply to most other businesses, and small errors can quietly turn into expensive problems. For example: Over time, these pressures explain why many doctors move away from general accounting firms and toward…

Doctors don’t struggle with finances because they’re bad at math. They struggle because the financial side of medicine in the U.S. is layered, regulated, and unforgiving. Between patient payments, insurance reimbursements, payroll, and federal and state tax laws, the financial side of a medical practice gets complicated quickly. That’s usually when the question comes up:…

If you run a therapy practice, you already know how much energy it takes to care for clients, manage appointments, and keep up with documentation. But behind the scenes, there’s another layer that can quietly make or break your business: accounting. Understanding your money doesn’t mean you have to be an accountant. It means: Let’s…

Managing a therapy practice means more than seeing clients. Taxes, bookkeeping, and financial planning can pile up quickly if you do not have the right support. Choosing an accountant who understands your business protects your practice finances, saves time, and helps you make better long-term decisions. Why Your Therapy Practice Needs the Right Accountant Therapists…

Running a therapy practice means more than focusing on sessions with clients. Behind the scenes, your method of accounting changes how your income, expenses, and tax return look. It also impacts how you manage money, view your financial health, and plan for the future. Choosing between cash basis accounting and accrual accounting for therapists is…

Managing quarterly taxes in your therapy practice can feel like juggling too many things at once… Clinical hours, client care, business finances, and staying on top of IRS rules. For most therapists and mental health professionals, this part of running a business isn’t the most exciting, but it’s critical for avoiding penalties, protecting your cash…