Form an S Corp and save on your taxes
We’ll tell you when it’s the right time to form an S corporation and even file the paperwork for you.
We’ll handle the process
for you
You’ve probably heard forming an S corporation (S corp) can save you money on your taxes for your therapy practice, but when and how to form one can be confusing. We’re here to help.
File Form 2553
We’ll file Form 2553 for you to elect your therapy practice be taxed as an S Corp by the IRS.
Determine reasonable salary
Based on your income, we’ll help you calculate a reasonable salary to pay yourself.
Set up payroll
We’ll get you set up on payroll, which you can run directly through your Heard dashboard.
Stay
compliant
and
avoid
fees
After your S corp is set up, we’ll make sure you stay compliant and avoid fees or penalties from the IRS.
Review reasonable salary
Throughout the year, we’ll review your reasonable salary to make sure you’re paying yourself the right amount.
Review benefits
We’ll discuss retirement planning and health insurance treatment as an S corp to maximize your tax savings.
Adjust books for expenses
We’ll adjust your books for expenses and make sure they’re claimed on your tax return.
Heard makes everything simple when it comes to tracking my finances. I love that I can manage my books and file my taxes all from one place.
Transparent pricing for your practice
We offer two annual plan options for solo and group practices, billed monthly or annually.
- Accountants who specialize in therapy practices
- Monthly bookkeeping and financial reports
- In-app messaging support
- Federal and state income tax prep and filing
- Quarterly and annual financial reviews
Solo Practice
Group Practice
Monthly
$199
/MONTH
Annual
SAVE 15%!
$169
/MONTH
Monthly
$299
/MONTH
Annual
SAVE 15%!
$255
/MONTH
BILLED MONTHLY
BILLED ANNUALLY
That’s
$360
$528
in annual savings
*Up to 10 therapists