Category: Therapists (Private Practice)

Tactical. Practical. Efficient. At Fortitude Tax & Accounting, these three words guide nearly everything we do. As business owners ourselves, we understand that time, cash flow, and attention are limited resources. Our clients don’t need more reports, more meetings, or more complexity. They need clear guidance, practical recommendations, and enough time to take meaningful action….

Whether you’re a solo practitioner, PLLC, S-Corp, or group practice owner, the IRS considers therapists and therapy practices to be businesses. That means the same contractor and 1099 rules that apply to small businesses also apply to you. Many therapists unintentionally skip required 1099s because they: Assume their EHR handles tax reporting Pay contractors through…

Backup Withholding for Small Businesses: A Simple Guide to a Confusing IRS Requirement Backup withholding is one of the least understood IRS rules — yet it’s something every business owner should know. Most don’t learn about it until a contractor refuses to provide a W-9 or the IRS sends a “B-Notice” about a tax ID…