Learn what it takes to easily manage and grow your practice.

How the New Tax Code Impacts Therapists and their Tax Deductions

New Tax Code, Now What?

As if taxes were not already overwhelming enough, they just got just a little bit more confusing this year. As you probably know, a new tax code was passed in December, the 2017 Tax Cuts and Jobs Act. This new tax code is raising a lot of questions and comments from therapists to accountants alike.

It is important to note here that neither the IRS nor most accountants have a full understanding of what this new tax code entails–it is an extremely complex piece of legislation. The IRS will continue to release new information regarding the tax code over the next few months.

In the meantime, we’re breaking down the parts of the tax code that we know impact therapists and private practice owners and answering some of the questions you’re probably wondering about right now.

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Are Your Psychotherapy Notes HIPAA Compliant? - TheraNest Blog

Are Your Psychotherapy Notes HIPAA Compliant?

How to Maintain HIPAA Compliant Psychotherapy Notes

HIPAA compliance is a topic that is always on a therapist’s mind–after all, it impacts almost every aspect of running a private practice. Not only is HIPAA important for protecting clients’ rights, but it also grants therapists powerful protections as well.

The most common questions we get here at TheraNest, often have to do with HIPAA compliance–especially as it pertains to psychotherapy note-taking.

In this post, we’re discussing the HIPAA privacy rule and how it applies to your notes, including both progress and psychotherapy (or process) notes. 

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7 Advantages to Offering Online Counseling - TheraNest Blog

7 Advantages to Offering Online Counseling

This post has been authored by Valerie Kuykendall-Rogers, MA, LPC-S as part of our guest post series. Learn more about Valerie at the bottom of this post.

How To Become an Online Therapist

The world of Online Counseling! It has so many different names–Tele Mental Health/Tele Counseling, etc. It can be confusing, at best, to determine if Online Counseling will be a good fit for you and your small business (aka private practice).  There are so many misconceptions, misunderstandings, and just plain old mistakes when it comes to deciding whether to offer Online Counseling and my goal is to address them here. So, take a moment to sit back, relax, and discover the top 7 advantages of offering Online Counseling.

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How I Practice Infographic - Sarah Buino | TheraNest Blog

How I Practice with Sarah Buino

How I Practice... with Sarah Buino

The following interview has been lightly edited for clarity. The How I Practice series asks therapists, counselors, psychiatrists, and other mental health practitioners to share their successes, shortcuts, routines, and more.

Have someone you want to see featured or questions you think we should ask? Let us know here!

1. First of all, tell me a little about your background and how you got to where you are today.

I actually majored in music education in undergrad. After I graduated I ended up doing arts administration work until I came to a realization: I had always wanted to be a therapist. In the past, I didn’t really know how. I didn’t know what the steps were to get there. Once I figured out a plan, I followed through: I went straight to school and got my Masters in Social Work.

Therapy is a second career for me. I think coming to a second career, there is a little more seriousness than just coming out of school. I will say I think my administrative background really helped me in starting my private practice–it gave me the experience I needed to tackle the administrative side of private practice.

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Don't Make These Mistakes When Starting Your Private Practice - TheraNest Blog

Don’t Make These Mistakes When Starting Your Private Practice in Counseling

Common Mistakes to Avoid When Starting a Private Practice

Finally, you’re in business for yourself. Congratulations! Starting a private practice can be one of the best decisions you’ll ever make. There’s something so satisfying about being your own boss and providing a much-needed service for your community. You have the freedom to work with whomever you choose, whenever you choose.

But before you can start celebrating, there are a few things you must consider when opening your private practice. Let’s look at the most common mistakes that private practitioners make, especially within the first year of starting up. We’ll also share some tips on how to avoid making these mistakes in the future.

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The Part-Time Therapist's Guide to Private Practice - TheraNest Blog

The Part Time Therapist’s Guide to Private Practice

Building a Private Practice as a Part-Time Counselor or Therapist

Many therapists have the goal of opening up a private practice and working for themselves exclusively. It’s quite a sense of accomplishment, and a dream realized when you finally hang your shingle for the first time.

However, that dream quickly turns into a nightmare when you realize that things aren’t going quite as you planned. Building up a list of regular clients can take a long time. There may be a huge influx of new clients one month and a head-scratching amount of cancellations the next. But the bills still come every month and demand to be paid.

It may prove financially impossible to bootstrap your own private practice without working full time to supplement your income. But here’s the good news:

You can start your therapy practice part-time.

By working as a part-time therapist, you will likely avoid many of the financial problems that full-time private practitioners face. In this guide, we’ll discuss the most important things to know before becoming a part-time therapist. But first, let’s look at the major benefits you’ll gain by working as a part-time therapist.

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Podcasts You Should Be Listening to in 2018 - TheraNest Blog

Therapy Podcasts You Should Be Listening to in 2018

Top Therapy Podcasts for 2018

If you’re like most of us, you probably spend a fair amount of time in the car or walking to work. While you love listening to the radio (who doesn’t, right?), maybe you’ve found yourself wondering if your commute time could be spent in a more fruitful and engaging way, something more meaningful than just listening to songs you’ve heard too many times before. Maybe you have some free time and you’re wondering what to do with it. Perhaps you have an upcoming trip planned and you’re wondering how you can occupy your time during that long car ride?

Well fret not–we have the answer: podcasts. Podcasts are a great way to turn what would be wasted time into a learning and engaging experience. As the new year rolls around, now is a great time to decide to dedicate more time to building your podcast listening library.

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How to Give Your Work/Life Balance a Tune-Up

This post has been authored by Stacy G. Smith, MS, LPC as part of our guest post series. Learn more about Stacy at the bottom of this post. 

Finding Your Work/ Life Balance as a Private Practice Owner

Getting started in private practice was one of the most exciting moments of my career– it was also one of the biggest learning experiences of my life.  Coming from an agency setting, I never really thought about a work/life balance.  I was working Monday through Friday, had nights and weekends off, and in hindsight, had no job responsibilities outside of working hours.  Whenever the topic of work/life balance came up, I always brushed it off thinking, “it’s really not that hard.”

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Solutions to Common Insurance Woes

This post has been authored by Samara Stone as part of our guest post series. Learn more about Samara at the bottom of this post. 

Understanding Common Insurance Mistakes

Are you tired of fussing and fighting with insurance companies? Frustrated with not getting paid for the work you do?

Well, I am here to tell you there is light at the end of the insurance tunnel. If you are willing to take a few moments to review some office procedures in your practice, I can guarantee you will find a few ways you can improve operations and help things move forward more smoothly inside your practice.

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Fine Tune Your Scheduling Process With These Tips

How to create a schedule that works for your practice

As a private practitioner, one of the hardest aspects of your job is scheduling. The prospect of getting clients is already tough, but it’s even tougher to find the perfect scheduling balance for your private practice.

If you’re struggling with scheduling, including keeping track of your appointments, choosing the right meeting times, and minimizing no shows or cancellations, you’ve come to the right post. We’ll go over some important tips to help you create a smoother scheduling process. Let’s get started.

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