Therapists in Alberta: Don’t Overpay Payroll Taxes After July 2025
How Alberta’s Mid-Year Tax Update Affects Your Practice’s Payroll In July 2025, the Canada Revenue Agency (CRA) announced a significant update to payroll tax rates. If you run a mental health practice in Alberta, these changes could affect your paycheque (and your stress levels). Here’s a straightforward breakdown of the changes and how they affect […]
Sole Proprietor or Corporation? A Quick Decision Checklist for Therapists
Should You Incorporate Your Therapy Practice? As a solo therapist in private practice, you may wonder whether it’s time to take your business structure to the next level. Should you stay a sole proprietor, or is it worth incorporating? Your decision can have a long-term impact on how much tax you pay, how much liability […]
Emergency Funds for Solo Clinics: How Much is Enough?
How to Establish and Maintain an Emergency Fund for Your Solo Therapy Practice Running a solo mental health practice in Canada means managing everything from client care to administration and finances. One area that often gets overlooked is building emergency reserves, or a dedicated cash cushion that can mean the difference between staying open or […]
Avoid GST/HST Penalties with Reminders & Automation
How to Stay Ahead of CRA GST/HST Deadlines Running a therapy practice means wearing many hats, from client care and charting to managing your books. It’s easy to miss a tax deadline, but recent CRA changes make that slip-up more costly than ever. What’s Changed and Why It Matters Starting June 2024, if you file […]
DST Repeal: A Welcome Break for Your Practice Software Budget
DST repeal saves Canadian therapists software costs Running a solo therapy practice involves carefully managing your costs. That’s why the federal government’s June 29, 2025 decision to cancel the Digital Services Tax (DST) is good news for clinicians who rely on online booking, telehealth, and advertising platforms. Here’s what happened, what it means for your […]
Missed CRA Deadline? Regain Control of Your Therapy Practice Fast
Bounce back from late filings with a quick recovery plan Running a mental health practice requires a lot of attention to your clients, which can cause tax deadlines to slip your mind. But missing Canada Revenue Agency (CRA) deadlines can result in significant financial and administrative consequences. Here’s how to quickly recover if you’re behind […]
Exit Strategies for Therapists in Private Practice
Exit Strategies to Ease the Transition for Mental Health Professionals Considering your exit strategy might seem premature when you’re focused on growing your practice. However, for Canadian mental health professionals, early planning can mean the difference between a smooth transition and a stressful scramble that costs you thousands in unnecessary taxes. The Case for Early […]
From Intake to Invoice: Systemizing Your Client’s Journey
Why Therapy Practice Systems Are Essential Running a therapy practice requires more than clinical skills. Solo mental health professionals in Canada face stringent privacy requirements (PIPEDA and PHIPA) and meticulous bookkeeping requirements mandated by the Canada Revenue Agency (CRA). Choosing the right systems isn’t just convenient. It’s critical for protecting your practice and streamlining operations. […]
Accounting Tools to Support Your Mental Health Practice
Financial Tools for Canadian Mental Health Practitioners As a mental health practitioner, your primary focus is your clients — not paperwork. With the right tools, you can simplify routine tasks, manage clinic finances more effectively, and stay compliant with Canadian regulations. Let’s look at how optimizing your systems can reduce your workload and explore the […]
What To Do If The CRA Contacts You (And How We Handle It for Clients)
What To Do If the CRA Contacts You Getting contacted by the Canada Revenue Agency (CRA) might seem scary, but it doesn’t always mean you’ve done something wrong. The CRA may contact you for many reasons, not just because of suspicious activities. It’s a standard part of how the CRA manages and enforces tax rules. […]
