SERVICES FOR Therapists

At Therapeutic Tax Solutions, we specialize in providing comprehensive bookkeeping, tax preparation, tax planning and business advisory services to therapists who own their own practices. Our commitment goes beyond numbers; it's about helping therapists achieve financial peace of mind. We believe that when you can focus on your clients and your passion for healing, you can make a more profound impact on the lives of those you serve. Our services are designed to free you from the burden of financial tasks, allowing you to concentrate on what you do best.

TAX PREPARATION
for Therapists

CHOOSING A TAX PROFESSIONAL WHO SPECIALIZES IN YOUR INDUSTRY IS VITAL!

Here’s why our industry expertise matters

  • Maximized Deductions

  • Compliance Assurance

  • Strategic Tax Planning

  • Time and Stress Savings

  • Financial Guidance

TAX PLANNING & BUSINESS ADVISORY

for Therapists

PROACTIVE TAX PLANNING FOR THERAPISTS IS A STRATEGIC APPROACH TO MANAGING YOUR TAX OBLIGATIONS THROUGHOUT THE YEAR.

It involves anticipating and addressing tax related matters in advance, rather than reacting when tax season arrives.

Tax planning with our firm can look like:

  • Reviewing income, expenses and financial goals to identify tax savings opportunities or challenges

  • Business Structure Analysis & Advice

  • Quarterly Tax Estimates

  • Proactive Adjustments to changes in your practice and/or tax laws

  • Profit Planning: We work closely with you to create customized solutions that align with your goals, whether it's increasing profitability, reducing expenses, or planning for a rainy day!

  • Budgeting and Forecasting: We develop realistic budgets and financial forecasts, providing you with a clear roadmap for achieving your financial objectives.

  • Financial Education: We empower you with financial education, giving you the confidence and tools to make informed decisions that benefit your practice and your personal finances

BECAUSE THEY SPECIALIZE IN MY INDUSTRY, I AM ABLE TO TRUST THAT THEY KNOW THE SPECIFICS OF MY FIELD.

I tried a couple of other bookkeeping solutions without much success before finding Therapeutic Tax Solutions. Because they specialize in my industry, I am able to trust that they know the specifics of my field.  Therapeutic Tax Solutions helped me to streamline my business income and expenses and cut down hours of work that I don't enjoy. I no longer wonder if something is deductible or not or whether I have all the details recorded in the right place for taxes. The business aspect of my practice is stress free thanks to them.

KRISTY HILDEBRAND, LPC - KRISTY HILDEBRAND

BOOKKEEPING
for Therapists

ACCURATE AND ORGANIZED FINANCIAL RECORDS ARE THE FOUNDATION OF A SUCCESSFUL PRACTICE. WE ENSURE YOUR BOOKS ARE UP TO DATE AND COMPLIANT WITH TAX REGULATIONS.

Here’s what you can expect with Therapeutic Tax Solutions

  • Virtual Bookkeeping: We offer cloud-based bookkeeping solutions to keep your financial records up-to-date and accessible from anywhere.

  • Expense Tracking: We meticulously track your income and expenses, ensuring accurate financial reports and peace of mind during tax season

  • Financial Reports: Financial reports are essential for therapists in private practice because they provide clear information on your practice’s financial health. These reports ensure you keep a pulse on your revenue, expenses, and profits. They enable informed decision-making, tax planning, budgeting and ensuring your practice’s sustainability and growth. With accurate financial reports, you can better understand your practice’s financial performance and make strategic choices to achieve your financial goals.

FAQS

  • Great question! You won’t find pricing on our website because we provide custom solutions for our clients. We aren’t like other firms that post generic prices for generic services that are outsourced to non US based accountants. We only provide high level services and solutions customized to what you need - and all provided by only US based accountants who are paid a fair wage.
    We’ll start with a Discovery Call to determine how best we can serve you and if we’ll be a good fit. Then we create a customized agreement with our recommendations for services along with the price for those services.

    The cost of our services is a tax deductible investment in your practice’s financial health. A well-maintained financial system can help you identify opportunities for growth, minimize tax liabilities, save money on taxes and ensure compliance with tax laws.

    Please apply to work with us here to get started!!

  • I have so many therapists come to me who would much rather use a bookkeeping spreadsheet than try and learn yet ANOTHER new software like QuickBooks. Or they would LOVE to outsource their bookkeeping, but it’s just not in the cards financially.

    If this is you, I see you, I hear you, and I’ve made plenty of resources just. for. you!!

    Click this link HERE to look through our courses, resources and DIY offerings!

  • Please apply to work with us here to get started!!

    Our onboarding process is designed to be smooth and stress-free.  We'll start with a Discovery Meeting to understand your needs and goals. If we decide to move forward together, you'll sign our Engagement Letter electronically and pay any initial fees. You’ll then gain access to our secure client portal, where you’ll find a welcome message, a guide on using the portal, and thorough onboarding instructions to get started.

  • At this time, we do not. But stay tuned by subscribing to our email newsletter as we have great resources coming your way!

  • Yes, our services are tax deductible. Also, when you work with us, you don’t incur all the extra expenses you would if you were to hire an in house, W-2 employee. (Payroll taxes, employee benefits, paid sick leave, paid time off, setting up an office space, etc). Lots of HUGE savings!!

  • Yes! Apply to work with us to learn more!

  • No. Medical Billing is a service totally different from that of accounting and tax services. Please reach out to a medical billing professional.

  • Yes! Our head tax professional and preparer, Chad, who is the owner’s Spouse, is a licensed EA, also known as an Enrolled Agent. An EA is the highest credential awarded by the IRS. Enrolled Agents have earned the privilege of representing taxpayers before the IRS in all 50 states by passing a three-part comprehensive IRS test covering both individual and business returns. Individuals who obtain this elite status must adhere to extensive ethical standards and complete at least 72 hours of continuing education courses every three years.

CRAFTING financial ZEN ONE SOLUTION AT A TIME!