Accounting Services for Psychologists and Therapists.

Accounting, Bookkeeping, and Tax Services

Running a private practice as a psychologist and/or therapist can be an accounting headache. You collect a copay or payment at the time of service, and you may also bill insurance and/or Medicare and Medicaid. Keeping track of expenses, cash-on-hand, accounts receivable, how much to pay yourself, and preparing for tax returns is, well, a lot. The catch phrase “therapists need therapists” probably originated from the second part of owning a business, which is a full-time job in itself.

Which is why we’re here to help. Don’t let your private practice drain all of the life out of you while you’re trying to do all of the things. Outsource your accounting, bookkeeping, and tax preparation so you can stay focused on your clients’ needs while maximizing your billable-hours without sacrificing the profitability of your business.

Blaine Gary CPA is a top-rated, Austin-based accountant that has a specialized bookkeeping and accounting process for working with psychologists and therapists with private practices and those who works as part of a small-to-mid sized practices. We can manage your business’s financial & accounting requirements as well as your therapists’ personal tax preparation so that you can focus on serving your clients.

Our specialized bookkeeping and accounting process for working with psychologists and therapists can provide you with the types of financial insights you need to meet your financial goals so that you can have a clear understanding of exactly where your money is going.

Accounting Services for Therapists: Tax Planning for Legal Professionals

Tax planning is an integral part of operating a private practice. Every individual practice or firm has a unique financial situation and we can assess how to best plan your tax savings strategy at both the personal and business levels.

Accounting Services for Therapists: Accounting and Bookkeeping Services

We have a specialized process for therapists’ private practices and small group practices and can work with you as an outsourced bookkeeper and accountant, freeing yourself from using potential billable- hours on non-income producing tasks you’re not an expert with.

Please take some of your own advice when it comes to focusing your energy on what you do best and what you enjoy, and ask for help when it comes to things you’re not so good at or not very interested in.

We can take care of all of the below for your private or group practice accounting matters so that your attention can be focused on serving your clients.

Our services include:

• Accounting Setup
• Account Reconciliation
• Audit Representation
• Balance Sheet Preparation
• Bank Account & General Ledger Reconciliation
• Cleaning up Books
• Financial Analysis
• Financial Statements & Reporting
• Income Statements Preparations
• Monthly, Quarterly, Yearly Review
• P&L Statements
• Tax Preparation Services

If you are interested in finding out more about the specialized accounting services for psychologists and therapists by Blaine Gary, CPA or for a free consultation please contact us today.