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Sole Proprietor
S Corporation
Sole Proprietor or S Corporation
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Paying for services a la carte adds up fast. Heard saves you money by giving you everything you need, all in one place.
Heard
Solo Practice Sole Proprietors
Online access to bookkeeping software
Expert done-for-you monthly bookkeeping
Monthly financial insights and reports
Personalized state and federal quarterly tax estimates
Annual personal federal and state income tax returns
Billed annually
Alternatives
Compared to other bookkeeping and tax services
Bookkeeping software
Done-for-you monthly bookkeeping
Annual personal tax return filing
Tax advisory with a local CPA
Heard
Solo Practice S Corporations and Group Practices
Online access to bookkeeping software
Expert done-for-you monthly bookkeeping
Monthly financial insights and reports
Personalized federal and state quarterly tax estimates
Annual personal federal and state income tax returns
Annual business income tax return ($450 extra charge for Group Practice S corporations)
S corporation set up and compliance
Payroll ($39/mo + $6/person add on)
Alternatives
Compared to other bookkeeping and tax services
Bookkeeping software
Done-for-you monthly bookkeeping
Annual personal tax return filing
Annual business tax return filing
Tax advisory with a local CPA
S corporation set up and compliance
Payroll
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Heard has really helped reduce my stress around accounting and taxes. Their platform is easy to navigate. When I've had questions, the support team has been efficient and effective. I was hesitant to use Heard because I've prepared my own taxes in the past and wasn't sure if the benefit would be great enough. Frankly, having solid support for accounting and taxes is worth the trade off in having my time back.
My recent experience with Miz was very helpful. I misunderstood Heard's services when enrolling and might have enrolled a little earlier than necessary (I joined before having a practice established) but Miz helped to clear that up and provide me with next steps.
Superb customer service! Heard could not make bookkeeping, payroll, and all the rest easier - the support I've gotten throughout setup was second to none. I was a babe in the woods with *all* of this stuff; I'm very grateful for Heard.
Heard has been an absolute delight to work with. They are personable, proactive, professional, and responsive. I honestly should have started the process of working with them when I first started my practice, but three years in and they have helped me get more organized, save money on items I didn't know were tax deductible, and helped me see a more clear picture of my business and how to plan for the unexpected. I can't rate them high enough!
Heard is timely in responding to my questions, setting up times to talk virtually, and making things clear to someone who is not an accountant. The turnaround on bookkeeping is quick and they have proven to be very reliable!
What is Heard?
Heard is the accounting platform built for therapist entrepreneurs. We empower therapists like you as business owners with easy-to-use financial software and access to bookkeeping and tax professionals—so you can focus on helping your clients.
How does Heard pricing work?
Our pricing is subscription-based, billed either monthly or annually. We offer a 15% discount with annual billing. There are two plan options for Solo Practices (whether you're taxed as a sole proprietor or S corporation) and one plan option for Group Practices.
There's an optional $450 charge for personal tax returns for Group Practice S Corporations and a required one-time fee of $99/mo for months of catch up bookkeeping needed.
Our pricing plans do not include third-party fees (such as fees and taxes charged by your city, state, or the federal government), Gusto for payroll (available as an add-on), or business license filing fees, which vary by city. With that said, those fees are tax deductible.
Can I cancel any time?
Yes, you can cancel at any time. With that said, all one-time fees and annual subscription fees are non-refundable. Read our full terms of service.
What's the difference between Heard and QuickBooks?
QuickBooks is a good DIY software choice for therapists who are looking to do their own bookkeeping. To upgrade to their full-service bookkeeping option, however, you can expect to pay $300/mo or more.
In addition to cost, the other difference is that Heard is built specifically for therapists, whereas Quickbooks is industry-agnostic. Specializing in therapy practices means we understand your business.
What's the difference between Heard and a local CPA?
A local CPA is a good option for therapists who are looking for a more personalized experience with regular meetings to review their financials. With that said, you can expect to pay $500/mo or more working with a local CPA.
What does my bookkeeping team do?
Your bookkeeping team categorizes your transactions and reconciles your accounts every month. They also make any necessary adjustments to your books to ensure they are tax-compliant and account for any outside expenditures, not being run through your business bank accounts.
Your bookkeeping team may need your input on reviewing transactions to ensure proper categorizations. We will also need you to upload your monthly statements so we can reconcile your accounts.
You will be able to message your bookkeeping team to get any questions answered within 1-2 business days. Every question will be answered by a real person who is familiar with your business. Our aim is to support and educate you throughout the bookkeeping and accounting process.
Who does Heard work and not work with?
We work exclusively with mental health therapy practices, including: psychologists, psychiatrists, social workers, mental health counselors, professional counselors, marriage and family therapists, and psychiatric nurse practitioners. We are able to support therapists who have other streams of income (e.g. coaching, consulting).
We do not work with non-mental health practices, practices based outside the United States, practices with multiple owners, and practices taxed as C corporations.