Your Financial Partner In Mental Health Practice.
You focus on your patients’ well-being. We’ll handle your personal taxes, bookkeeping, and financial strategy.
Accounting Services For Psychiatrists and Mental Health Professionals
Bookkeeping
Think of this as the steady baseline of your practice, the structure that supports everything else. Regular, accurate bookkeeping helps you see where you stand financially so you can make confident business decisions without the stress of “guessing.”
Taxes-Ready Financial Statements
You shouldn’t have to spend your evenings figuring out what to deduct or how much you earned this year. We’ll keep your income and expenses organized in a tax-ready format so that when filing season arrives, everything is clear and under control.
Chart of Account Setup
Open up your accounting software. Do all of your revenues get lumped in one giant “Sales” account? That’s a red flag Whether your income comes from patient sessions, consulting, telepsychiatry, or speaking engagements, we’ll tailor your chart of accounts to give you true insight into how your practice earns and spends..
Consulting
You’re the expert in your field, but running a private practice means wearing a lot of hats. We’ll guide you through topics like practice profitability, retirement planning, hiring decisions, estimated tax payments, and cash flow strategies. Together, we’ll design a financial plan that supports both your professional and personal goals.
Income Tax Returns
No missed deductions. No stress. Just clean, accurate returns optimized for your specific situation as a psychiatrist or practice owner. Get a personalized video review from a CPA
Entity Selection and Structuring
How do you know if you’re structured the right way for taxes? You’ve heard the buzz words LLC/PLLC, S Corp, Distributions. What do they actually mean and how do they apply to you specifically?
Financial Awareness and Year-Round Support: The Aware CPA Difference
Background: A small, service-based business was struggling with managing their finances. They were wasting hours each week trying to keep their books up-to-date and balance their accounts, distracting them from focusing on growing their business. Additionally, without a clear understanding of their financial situation, they were having difficulty planning for the future. With a focus on financial awareness and expert guidance, Aware CPA transformed their financial management from a constant concern into an empowering tool, providing year-round support that drove their business growth.
Financial Awareness and Year-Round Support: The Aware CPA Difference
Background: A small, service-based business was struggling with managing their finances. They were wasting hours each week trying to keep their books up-to-date and balance their accounts, distracting them from focusing on growing their business. Additionally, without a clear understanding of their financial situation, they were having difficulty planning for the future. With a focus on financial awareness and expert guidance, Aware CPA transformed their financial management from a constant concern into an empowering tool, providing year-round support that drove their business growth.