by Pauline Wallin, Ph.D. | Oct 31, 2020 | Business matters, Office procedures
If you are seeing some or all of your clients remotely, it is good business to process payments electronically, rather than via cash or check. There is a small fee for electronic payments, but the process is efficient and funds are usually deposited into your checking...
by Pauline Wallin, Ph.D. | Jun 10, 2017 | Business matters
Disclaimer: The following is descriptive information only, and is not intended as professional financial advice. For your specific situation, do check with your accountant and/or tax attorney. When you provide and bill for an hour of professional service, and fail to...
by Pauline Wallin, Ph.D. | Mar 4, 2012 | Business matters
How do you decide what to charge for your services? If you participate in insurance networks, you don't have much choice for clients in these networks - although there may be some wiggle room. (TPI members can listen to Dr. Russ Holstein discussing this.) Even if your...
by Steven Walfish | May 1, 2011 | Business matters
Myth: If you do not collect your full fee, you can deduct the difference as a loss on your taxes. Fact: Unless you use a complex "accrual" book-keeping system (which most private practitioners don't) you can only deduct from your income expenses that you have actually...