Taxes for Therapists

We provide personalized quarterly tax estimates, plus prepare and file your business and personal annual federal and state tax returns—even if you file jointly with your spouse.

Save time and money on your taxes

Quarterly taxes

Every quarter, we calculate your estimated federal and state payments and even remind you when to pay so you never miss a deadline.

Annual taxes

Our team of third-party tax preparers files your business and personal annual tax returns, both federal and state.

Maximize deductions

Because we do your bookkeeping, we’re able to track your deductible expenses and make sure they’re claimed on your tax returns.

Pay quarterly taxes on time, every time

We project your income and expenses, review taxes you’ve paid, and let you know how much to pay to the IRS and your state each quarter.

We even send you reminders so you never miss a deadline and avoid costly underpayment penalties.
transparent blocks with pricing figures: retirement: $558.56, expenses: $1,675.13, tax savings: $3,351.95. large transparent block with icon of hand holding coin and the text, owners draw: $3,910.60
transparent blocks with pricing figures: retirement: $558.56, expenses: $1,675.13, tax savings: $3,351.95. large transparent block with icon of hand holding coin and the text, owners draw: $3,910.60

Tax prep from a dedicated tax pro

During tax season, we match you with a dedicated tax professional from TaxFyle, an online tax filing platform with access to over 7,000 licensed CPAs and EAs nationwide.

Have questions about your taxes? Message with your designated tax pro in the Help Center, free of charge. Live tax consults are available for an extra cost.

On-time state and federal tax filing

Once you've approved your return, we file them for you and you make any outstanding tax payments.

If you need more time, then we can file an extension on your behalf.
transparent blocks with pricing figures: retirement: $558.56, expenses: $1,675.13, tax savings: $3,351.95. large transparent block with icon of hand holding coin and the text, owners draw: $3,910.60
transparent blocks with pricing figures: retirement: $558.56, expenses: $1,675.13, tax savings: $3,351.95. large transparent block with icon of hand holding coin and the text, owners draw: $3,910.60

Decide how much to save for taxes

Use your profit allocation guide to automatically calculate how much to save for taxes every month.

Want to save more for retirement or start a rainy day fund? You can do that, too.

Maximize your tax deductions

The business of therapy is nuanced. We know the ins and outs.

Between liability insurance, professional development expenses, and CEUs, we find every tax deduction you qualify for and make sure it’s claimed on your tax return—reducing your tax bill.
transparent blocks with pricing figures: retirement: $558.56, expenses: $1,675.13, tax savings: $3,351.95. large transparent block with icon of hand holding coin and the text, owners draw: $3,910.60

See for yourself why thousands of therapists trust Heard with their taxes

GMS Counseling
5 starsTrustpilot Verified

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.

Date of Experience:
March 22, 2024
Customer
5 starsTrustpilot Verified

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!

Date of Experience:
March 11, 2024
Laurie Brassie
5 starsTrustpilot Verified

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!

Date of Experience:
February 23, 2024

Heard is the only financial management software built for therapists that enables you to manage your bookkeeping, taxes, and payroll—all in one place.

Get our Tax Deduction Cheatsheet for Therapists

Use this cheatsheet to maximize your deductions and save money on taxes for your therapy practice.

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