Video sale graphics (2).png
Video sale graphics (2).png

Business Fundamentals For Wellness Professionals

$97.00

Running a therapy or wellness practice in New York comes with unique legal, tax, and administrative responsibilities—and most graduate programs never cover them.

This on-demand training is a comprehensive, plain-English walkthrough of the core business fundamentals every therapist and wellness professional in NY should understand. Whether you’re just starting out, growing a solo practice, expanding your group practice, or considering your next structural move, this course was designed for people just like you.

Designed specifically for pre-licensed and licensed clinicians, private practice owners, and wellness professionals in NYC and throughout New York State, this video helps you make informed decisions, avoid costly mistakes, and build a practice that’s both compliant and financially sustainable.

Running a therapy or wellness practice in New York comes with unique legal, tax, and administrative responsibilities—and most graduate programs never cover them.

This on-demand training is a comprehensive, plain-English walkthrough of the core business fundamentals every therapist and wellness professional in NY should understand. Whether you’re just starting out, growing a solo practice, expanding your group practice, or considering your next structural move, this course was designed for people just like you.

Designed specifically for pre-licensed and licensed clinicians, private practice owners, and wellness professionals in NYC and throughout New York State, this video helps you make informed decisions, avoid costly mistakes, and build a practice that’s both compliant and financially sustainable.

What You’ll Learn

In this training, we cover:

  • Getting started as a sole proprietor

    • Required registrations and when to obtain an EIN

    • What you’re actually required to file at tax time

  • Taxes for self-employed wellness professionals

    • Federal, state, and city taxes that apply (including self-employment tax and NYC Unincorporated Business Tax)

    • Common and often-missed business deductions

    • Advanced deductions such as the home office, self-employed health insurance, HSA contributions, and retirement plans

  • Choosing and forming a business entity in NY

    • When it makes sense to move beyond a sole proprietorship

    • PLLC vs. PC for licensed professionals in NY

    • Legal, tax, and administrative pros and cons of each

  • S-Corporation elections

    • When an S-Corp election may (or may not) be appropriate

    • Benefits, costs, and requirements of becoming an S-Corp

    • How the election works and what changes after you make it

    • Ongoing compliance, payroll, and filing responsibilities

  • Hiring employees vs. independent contractors

    • When a worker can legally be a 1099 contractor vs. must be W-2 employee

    • Costs, taxes, and compliance differences

    • Filing requirements, deadlines, and common NY-specific pitfalls

  • Bookkeeping essentials

    • Why bookkeeping matters beyond “tax time”

    • A practical monthly bookkeeping workflow for small practices

  • Paying yourself & issuing 1099s

    • How owners pay themselves based on entity type

    • When 1099s are required to be issued and which forms to file

  • Critical NY and federal deadlines

    • Business and individual tax return due dates

    • NY-specific filings such as the annual IT-204LL filing and PTET returns

    • Quarterly estimated tax deadlines for individuals and businesses

Who This Is For

  • Therapists, psychologists, social workers, and other wellness professionals in NYC and NYS

  • Solo practitioners and group practice owners

  • Clinicians who want clarity—not confusion—around taxes, compliance, and entity formation

This training is educational, practical, and action-oriented, giving you the foundational knowledge you need to run your practice like a business—without losing sight of your clinical work.