Free articles, fact-checked by experts

Explore our fact-checked articles to help you manage your business and personal finances.

Featured Article

Do Private Practice Therapists Earn More than Employees?

Wondering whether private practice pays more than being an employee therapist? This guide compares earnings, explores key income factors, and helps you decide if going solo is worth it.

Read Article
All Posts
Taxes
Accounting
Bookkeeping
Starting a Practice
Growing a Practice
News

Can Therapists Write Off Unpaid Sessions?

Mar 10, 2024
May 9, 2023
Read article

What Therapists Need to Know About Deducting Business Meals

Mar 10, 2024
April 25, 2023
Read article
Therapist working at home on their finances

How to Create Space for Your Finances as a Self-Employed Therapist

Mar 10, 2024
April 14, 2023
Read article
Woman shaking hands with two men at a table

The Difference Between an Accountant, Bookkeeper, CPA, and EA for Therapists

Mar 10, 2024
April 6, 2023
Read article

How to Choose a Retirement Plan for Your Therapy Practice

Mar 10, 2024
March 17, 2023
Read article

How to Choose a Checking Account for Your Therapy Practice

Mar 10, 2024
December 20, 2022
Read article
Person using a credit card on a laptop

HIPAA-Compliant Payment Methods for Therapists

Mar 10, 2024
December 7, 2022
Read article
Handshake between two women at a table

How to Sell Your Therapy Practice

Mar 10, 2024
December 5, 2022
Read article
Group of therapists gathered in a circle

How Much Does It Cost to Start a Group Therapy Practice?

Mar 10, 2024
December 5, 2022
Read article

The Complete List of Tax Deductions for Occupational Therapists

Sep 16, 2025
September 18, 2025
Read article

The Complete List of Tax Deductions for Physical Therapists

Sep 16, 2025
September 18, 2025
Read article

New Tax Credits and Deductions for Private Practice Owners

Sep 11, 2025
September 11, 2025
Read article

Big Beautiful Bill Explained: Sole Props vs. S-Corps

Sep 9, 2025
September 10, 2025
Read article

Will the Big Beautiful Bill Change How I Pay Estimated Taxes in 2026?

Sep 4, 2025
September 4, 2025
Read article

How the One Big Beautiful Bill Impacts Your Private Practice Taxes, and What to Do About It

Sep 2, 2025
September 2, 2025
Read article

How Much Should Therapists Save for Retirement?

Jul 24, 2025
July 31, 2025
Read article

How to Transition Your Therapy Practice from Insurance to Cash Pay

Jul 3, 2025
July 4, 2025
Read article

What is Financial Literacy and Why Is It Important for Therapists?

Jun 12, 2025
June 12, 2025
Read article

How to Run Payroll for Your Therapy Practice

Jun 5, 2025
June 5, 2025
Read article

The Complete Guide to Credit for Therapists

May 30, 2025
May 30, 2025
Read article

How to Pay Off Debt: A Complete Guide for Therapists

Feb 7, 2025
February 7, 2025
Read article

How to Choose a Checking Account for Your Therapy Practice

Mar 10, 2024
December 20, 2022
Read article

The Complete Guide to Bookkeeping for Nonprofit Therapy Practices

Mar 10, 2024
September 23, 2022
Read article

What Does a Bookkeeper Actually Do?

Mar 10, 2024
July 29, 2021
Read article

How to Read a Balance Sheet for Your Therapy Practice

Mar 9, 2024
June 1, 2022
Read article

The Complete Chart of Accounts for Therapists

Mar 9, 2024
June 29, 2022
Read article

How to Set Up a Chart of Accounts for Your Therapy Practice (with Example)

Mar 8, 2024
April 13, 2022
Read article

Do Private Practice Therapists Earn More than Employees?

Sep 25, 2025
September 25, 2025
Read article

The Benefits of Becoming a Private Practice Therapist

Sep 24, 2025
September 25, 2025
Read article

How to Start a Private Practice as a Speech Language Pathologist

Sep 19, 2025
September 21, 2025
Read article

How to Start a Physical Therapy Private Practice

Sep 19, 2025
September 21, 2025
Read article

How to Build an Emergency Fund as a Therapist

Aug 7, 2025
August 10, 2025
Read article

What Therapists Need to Know About Student Loan Forgiveness Programs

Jul 31, 2025
July 31, 2025
Read article

Therapist Income Benchmarks: What to Expect in Private Practice

Sep 23, 2025
September 23, 2025
Read article

How to Negotiate Higher Rates with Insurance Companies as a Therapist

Aug 28, 2025
August 29, 2025
Read article

What Therapists Need to Know About 529 Plans and Other College Savings Accounts

Aug 14, 2025
August 18, 2025
Read article

The Complete Guide to Profit First for Therapists

Jul 17, 2025
July 23, 2025
Read article

The Complete Guide to Estate Planning for Therapists

Jul 15, 2025
July 7, 2025
Read article

How Anim Aweh Saved Money on Her Taxes By Switching to S Corp with Heard

Jun 20, 2025
June 20, 2025
Read article

State of Heard: Q1 2025

Apr 22, 2025
April 22, 2025
Read article

Heard 2024 Year in Review

Dec 30, 2024
December 30, 2024
Read article
State of Heard: Q4 2024 quarterly update from the desk of Andrew Riesen, Co-Founder and CEO.

State of Heard: Q4 2024

Dec 12, 2024
December 12, 2024
Read article
Howard Spector

Heard Welcomes Howard Spector, Co-Founder of SimplePractice, to Board of Directors

Dec 4, 2024
December 4, 2024
Read article

Heard Named to SMBTech 50 for Second Consecutive Year

Sep 4, 2024
September 4, 2024
Read article

Announcing the 2024 Financial State of Private Practice Report

Mar 29, 2024
March 29, 2024
Read article

Explore free articles, guides, and tools developed by experts to help you understand and manage your private practice's finances.

View Resource Hub

Heard is the only financial management software built for therapists that enables you to manage your bookkeeping, taxes, and payroll—all in one place.

Book a free consultSign upView a product demo

Get our Tax Deduction Cheatsheet for Therapists

Use this cheatsheet to maximize your deductions and save money on taxes for your therapy practice.

X