Sheppard Morris CPAs – Miami’s Trusted Tax Accounting Firm
Share your goals with us, and we’ll help you reach them in the most tax-efficient way possible.
At Sheppard Morris CPAs, we serve therapy and counseling practices of all sizes, from solo practitioners to group counseling centers. We understand the financial and compliance challenges in this field and bring practical tax planning and accounting advice to you and your teams.Counseling practices often operate through PAs, partnerships, or PLLCs, with unique considerations for partner compensation, insurance reimbursements, and practice expenses. Our team provides strategies that keep practices financially sound and compliant.
Practice Transitions
Therapy practices may add or lose partners and practitioners, requiring careful planning around:• Buy-in and buy-out arrangements• Capital account adjustments• Allocation of practice income and expenses• Succession and transition planning• Tax implications for both the practice and individual counselorsWe guide these transitions to ensure smooth operations and clear reporting.
Comprehensive Services for Therapy Practices• Tax Compliance & Planning – Federal, state, and practice-specific filings.• Entity Structuring & Optimization – Strategies tailored for solo and group practices.• Financial Reporting & Advisory – Insights to strengthen financial decision-making.• Payroll & Benefits – Support for counselors and staff.• Succession Planning – Helping practitioners prepare for future transitions.
Why Choose Sheppard Morris CPAs• Experience with therapy and counseling practices• A strong track record in ownership transitions• A commitment to clarity and practitioner-focused serviceYour focus is supporting clients. Our focus is ensuring your practice’s financial health is built to last.
