S Corporation for Therapists
We tell you when it’s the right time to elect to be taxed as an S corporation with the IRS and help you stay compliant.
We handle the S corp election process for you
See if S corp is right
Get a personalized readiness report to assess whether S corp makes sense for your practice, including the potential cost savings.
Elect S corp
If you decide to move forward with S corp election, then we file Form 2553 with the IRS on your behalf by the deadline.
Set up payroll
We help you calculate a reasonable salary to pay yourself and get you set up on payroll, which you can run directly through your Heard dashboard.
Stay compliant and avoid penalties
After your S corp is set up, we’ll make sure you stay compliant and avoid IRS penalties.
Review reasonable salary
Run payroll
Annual tax filing support
See for yourself why thousand of therapists trust Heard with their S corp
They take the headache away!
Heard has been great for me as a mental health counselor. They take the pressure off of bookkeeping and provide quarterly tax estimates. I really enjoy the fact they complete annual taxes for you as well. Even if you have another W2 position.
Heard takes away the annoyance of daily…
Heard takes away the annoyance of daily bookkeeping. They are very responsive to questions and working with Heard has been the best thing for me to do with my solo practice. I'm so grateful for Heard and don't plan on ever leaving them!
Heard is Amazing
Heard has been an amazing service for my practice! I have been a therapist in private practice on and off for 5 years, and used to do my own accounting. It was a mess. I missed deadlines, didn't get all the deductions I deserved, owed thousands in taxes... seriously horrible. Heard makes things really easy, provides a lot of support, and helps me truly understand my finances. I also love that Heard specializes in therapists. Sometimes we have interesting situations that don't apply to other types of businesses, and honestly many of us just need a little extra help with finances and taxes. Heard is great for that! I love not having to worry about my books or my taxes. Absolutely worth the investment!