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What Does the new Tax Law Mean for Your Therapy Practice
The US tax code is infamous for its complexity, and the 2017 Tax Cuts and Jobs Act (love it or hate it) makes things even more complicated than before for therapists in private practice. Does the new ...
Best Way to Pay Yourself from Your Practice
You have your very own private practice, and even paying clients – congratulations! You’re officially the owner of a business with revenue (and hopefully profit too!). How do you pay yourself out ...
Why Free Isn’t Always so Great
It almost seems like you can get something free anywhere you turn these days. That’s because people don’t hesitate to accept something for free, where they may be very reluctant to pay for it. It...
Associates in a Group Practice – Independent Contractor vs. Employee
Many therapists in private practice at some point expand their practice by bringing in associates, either as independent contractors or as employees. If you joined such a group practice as an IC, or i...
First 12 Tips Guaranteed to Make Your Practice more Profitable – Your Space
From our experience with my wife Risa’s practice, I’m sure you often feel overwhelmed trying to not only make a difference for your clients, but also juggle all the hats you have to wear to make ...
Retirement Plans for Solo Practitioners
Retirement plans are an important topic for solo practitioners, which I plan to cover more fully in my upcoming video course. However, I don’t want to hold off...