When Should Your Therapy Practice Become an S-corporation?

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There are a few questions to consider when deciding if it's time your therapy practice becomes an s-corporation.

1. Do you make enough money? And how much money do you need?
2. Are you already an LLC or PLLC?
3. How well do you keep up your bookkeeping?
4. Are you up for doing more complex taxes?

We're covering all of these questions and more!

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TL;DR: Accounting is a virtual accounting firm that helps small business owners and therapists in private practice with their bookkeeping, tax services, financial coaching and more.

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This was by far the most helpful video answering “should I start an s corp”. Mentioning the salary u should be making minimum, and also giving the example of someone making $100k, the reasonable salary theyd pay themselves, and the amnt left over, answered all my questions. Thank you so much!

joannawheeler
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very informative. Though I live in NV, much seems to still apply. Thank you for generously sharing this information!

chrisempey