GreenOak Blog
5 Tax Changes for 2026 That Private Practice Owners Need to Know
If you own a solo or group practice — or just want to keep more of what you earn — the tax landscape is shifting again in 2026.
Understanding Estimated Taxes for Private Practice Owners
Why they matter, how they work, and what your accountant really needs to know to help! Taxes might not be the most glamorous part of running a private practice…
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.
What Private Practice Owners Need to Know About the New 2025 Tax Law Changes
If you're a therapist in private practice, you may have heard rumblings about a new tax bill making waves in Washington. It’s called the One Big Beautiful Bill Act (yes,
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 universal definition! And if your private practice is an S-corporation, you’ve probably heard the
1099s in 90 seconds!
Need a speedy refresher on 1099s? Look no further! Quick Facts: Forms 1099 must be issued by January 31st (and filed with the IRS too!)...
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.
How to (properly) Deduct International Business Travel
The last few years have ushered in a selection of international retreats for therapists. From exotic to remote locations, there is an...
Top Tax Questions – Answered!
What’s a four letter word that actually only has three letters?
How to Avoid the Tax Panic
If you are like most private practice owners, you have experienced the panic of closing the year-end books. Fortunately, it doesn’t have to
1099s & 1099-Ks - What you Need to do!
Okay, let’s talk about 1099s and 1099-Ks. What’s the difference? A 1099-K is a document you receive from your credit card processor. Any...
6 Ways Therapists Can Reduce Their Tax Bill
What is worse than paying taxes? Easy. Paying taxes that aren’t necessary! This article outlines six ways you might be able to save on
Safe Harbor – Estimated Tax Liability
Your therapy private practice is up and running, it’s generating profit–so it’s all smooth sailing from here, right? With an accounting