Services

Financial Consulting: Our financial consulting services are tailored to meet the unique needs of therapists like you who own their own practice. We recognize that while you excel in providing therapeutic support to your clients, managing the financial aspects of your practice can be challenging. That’s where our financial consulting expertise comes in.

• 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

Tax Preparation: Choosing a tax professional who specializes in your industry, like Therapeutic Bookkeeping, is vital! We understand the unique financial complexities and opportunities specific to therapists in private practice. Here’s why our industry expertise matters:

• Maximized Deductions
• Compliance Assurance
• Strategic Tax Planning
• Time and Stress Savings
• Financial Guidance

Tax Planning: Proactive tax planning for therapists in private practice 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

Bookkeeping: 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.

• 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.