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What Is an Enrolled Agent? (And Why You’re in Good Hands If You’re Working With One)
If you’ve ever Googled “Who should do my taxes?” you’ve probably seen a whole alphabet of professional titles pop up: CPA, EA, tax preparer, accountant... It’s enough to make your head spin. While most people are familiar with CPAs (Certified Public Accountants), there’s another highly qualified—and federally licensed—accounting professional you might not know much about: the Enrolled Agent (EA) . And if your accountant is an EA? You’re in very capable hands. What Exactly Is


Starting Your Own Therapy Practice? Here's How to Get Your Finances Right!
Starting a private practice is an incredible journey filled with both excitement and challenges. At GreenOak Accounting, we've seen countless therapists pour their hearts into their work, only to encounter financial hurdles that they didn't anticipate. It's easy to get caught up in the passion of helping others and forget to take care of your own financial needs. But here’s the truth: prioritizing your financial stability is not selfish; it’s essential. Without a solid financ


Financial Professionals - What you Need to Know!
As a business owner, I’m sure you’ve heard the titles of different financial professionals from the first day you opened your doors, but...


What is “reasonable” Reasonable Compensation?
If you’ve ever interacted with a toddler, or a teenager, or anyone with extreme opinions, you probably know that ‘reasonable’ isn’t a...


Financial Nightmares: Avoiding a Spine Chilling Year End!
Are you horrified by the fact that it’s almost year end? Every time I schedule a new meeting for the next month, I’m stunned that I have...


when your clinician moves out of state: a tax guide for the busy practice owner
We all know that taxes can be a bit of a headache, but fear not, because today we're here to shed some light on what happens to your...


How to Prepare for a Painless Tax Season
Are taxes the most popular thing going right now? No. (Never) Do you need to hear some solid tax tips? Yes, you probably do.
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