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Articles

Tax ready bookkeeping for therapists: the difference between caught up, CPA-ready, and decision-ready books

Tax Ready Bookkeeping for Therapists

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1099 threshold for therapists: the reporting line moved from $600 to $2,000 for payments made in 2026

1099 Threshold for Therapists

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How profitable should a therapist be?

How Profitable Should a Therapist Be

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When to stop seeing clients as a practice owner, therapist reviewing practice finances at a desk

When to Stop Seeing Clients as a Practice Owner

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1099 to W2 transition for therapists: the same 60% split costs closer to 65% once employer payroll taxes are added

1099 to W2 Transition for Therapists

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S corp for therapists: weighing self-employment tax savings against payroll, filing, and reasonable compensation costs

S Corp for Therapists

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Year end checklist for therapy practices: what to reconcile and settle in December versus what waits until January

Year End Checklist for Therapy Practices

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Chart of accounts for therapy practices: splitting one payroll account into clinician cost of services, admin overhead, and owner compensation

Chart of Accounts for Therapy Practices

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Group practice financial benchmarks chart showing cost of services, OPEX, rent, admin, and profit margin ranges for therapy practices

Group Practice Financial Benchmarks

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Cash flow gap in group practices: the timeline between date of service, payer payment, and usable cash, against a two week payroll cycle

Cash Flow Gap in Group Practices

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