What happens when you finally look at your accounting books may surprise you—and not in a good way. You see, many people who work in the mental health field either as practice owners or employees, find both the journey and the destination stressful.
But what if, instead of perfection, you aimed for organized?
This is the focus of this incredibly powerful conversation with my friend Dr. Olivia Wedel. As many of you know, Dr. Wedel is the president of the Texas Mental Health Counseling Association (TMHCA), she is an adjunct professor and she owns her own private practice Olivia Wedel Counseling . What you may NOT know is she has been filing Schedule Cs for her husbands corporation for years! Don't know what that means, don't worry, Dr. Wedel gives us definitions, advice, and actionable steps.
How does a get-organized-first mentality help you lower your stress at tax time?
In this episode, Dr. Wedel shares her tips for finding uncomplicated tax prep strategies that work for YOU. We talk about her framework for estimating quarterly taxes, transforming cluttered receipts into a scalable system, overcoming challenges, and much more.
The advice and strategies we discuss today are invaluable for practice entrepreneurs and w-2/1099 contractors alike. You won't want to miss this fantastic session with Dr. Wedel, so tune in and enjoy!
Get your step by step guide to private practice. Because you are too important to lose to not knowing the rules, going broke, burning out, and giving up. #counselorsdontquit.