Tax Write Offs for Therapists: How to Keep More of What You Earn
About this episode
In this episode, Nicole McCance chats with Julie Harris about tax write-offs for therapists and essential deductions for practice owners.
Want to work closely with me for six months? Come to my FREE Open House ! https://mccancemethod.com/open-house/ In this episode, I chat with Julie Harris from Green Oak Accounting about tax write-offs for therapists and what practice owners need to know before deducting business expenses. Julie breaks down what counts as ordinary and necessary, what deductions can get a little tricky, and why having the right accountant can help you keep more of what you earn without taking unnecessary risks. Make sure to bring your paper and pen because this episode is full of actionable tips! Here are some key points in this episode: [04:12] What tax write-offs actually do. [07:43] The IRS rule for deductible expenses. [10:51] How home office deductions work. [13:51] Why mileage tracking matters. [17:06] When trips are deductible. Links From The Episode: Take the free practice health check to assess your practice's financial health in just a few minutes: https://healthcheck.greenoakaccounting.com/ Julie’s Book, Profit First For Therapists - https://www.profitfirstfortherapists.com/ More about Julie: Julie Herres has helped hundreds of private practice owners gain financial freedom. Founder of…
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