Bookkeeping and Accounting for Speech Therapists

In need of a bookkeeper and accountant for your speech therapy practice? We handle your books, so you can concentrate on enhancing communication and life quality. Try us for free.

Oops! Something went wrong while submitting the form.

No credit card required. By clicking ‘Start a Free Trial’, I agree to Bench’s Terms & Privacy Policy.

How Bench works with speech therapists

Optimize your time spent helping others speak with precision and let us handle the numbers. Get your bookkeeping, income tax prep, and filing done by experts—backed by one powerful platform. Bench works with speech therapists.

We get you set up

Our team invests time to thoroughly comprehend your speech therapy practice, respond to your queries, assist in connecting your accounts, and guide you on how Bench works.

We do your bookkeeping

Each month, your dedicated Bench bookkeeper organizes your speech therapy transactions and prepares your financial statements. If they require any additional information from you, they'll reach out promptly.

We deliver tax-ready financials

Our team of experts is well-versed in tax laws applicable to speech therapy services and will tailor their approach to your practice’s unique requirements.

Here’s why speech therapists like you trust Bench with their bookkeeping and accounting

Get fast, unlimited support from our expert advisors

We'll consistently connect with you regarding your bookkeeping progress. Have urgent inquiries about your speech therapy practice's finances that simply can't be delayed? We'll respond to you within one business day or even less.

women with headset and laptop sitting on the couch
screenshot of Bench support app

Guaranteed accuracy in every detail

Our platform is designed to simplify your data management by automating inputs from a wide range of major providers, helping you avoid common errors. We have strong partnerships with trusted merchants like Gusto, Stripe, Shopify, and Square, to ensure your financial records as a Speech Therapist are always correct and up-to-date.

See where you’re spending. Make smart decisions

Say farewell to mountains of client records and the tedious nature of manual documentation—our system automates inputs directly from linked accounts. Gain insights from one unified dashboard, enabling you to easily comprehend the health of your speech therapy practice and make strategic choices.

people doing their bookkeeping at a table

Bench integrates with your favorite small business tools

We sync seamlessly with your financial accounts and tools to keep your books up-to-date and save you the time and effort of manually uploading documents.

Trusted by 25,000+ American small business owners

“Bench helped me replace QuickBooks, and save about 6 hours per month of horrible accounting work, which is priceless.”

CHRIS RONZIO

CEO, TRAINUAL
“This is the first year where it’s tax season and I don’t feel anxious one bit.”

DR. BUKKY KOLAWOLE

FOUNDER/EXECUTIVE DIRECTOR, RELATIONSHIP HQ
“Bench has lifted a giant weight off my shoulders and freed up my time so I can focus on earning money and working with clients, meetings and calls.”

HEATHER SHOLL

FOUNDER, THE VILLAGES GYM
Trust Pilot review previewCapterra review previewG2 review previewGetApp review preview

We know bookkeeping for speech therapists

Working in the field of speech therapy involves more than just patient care - it comes with intricate business nuances centered around industry-specific taxes, laws and bookkeeping processes. At Bench, we understand the unique complexities speech therapists often grapple with, ranging from managing healthcare billing and insurance processes to correctly handling medical necessity documentation for tax purposes. With industry-specific knowledge, Bench ensures that your bookkeeping is meticulously managed, allowing you to focus on improving your patients' communication abilities, without being bogged down by financial intricacies.

Our pioneering approach pairs cutting-edge software with human experts to deliver high-quality bookkeeping and tax services. Bench's key strength lies in decoding the complex language of financial legislation. We're adapted to tracking and documenting all relevant medical expenses, handling both cash and accrual-based accounting specific to your speech therapy practice, and ensuring you're leveraging tax benefits relevant to healthcare services. In essence, our robust resources cater to all the financial aspects of your practice, from the mundane day-to-day bookkeeping to year-round tax preparation and filing. With Bench managing your books, not only can you confidently navigate industry-specific financial challenges, but you can invest more time in what you do best - providing exceptional therapy for your patients.

Simple, straightforward pricing for everything your business needs.

Get bookkeeping, tax prep, advisory, and filing with Bench's powerful, easy-to-use platform.

Choose Plan

Essential

Best for those looking for peace of mind and accurate financials done by professional bookkeepers.
$249/mo

billed annually

Dedicated bookkeeping experts
Accurate monthly books and year-end tax-ready financial packages
P&L, balance sheet and 1099 reporting
Unlimited communication with your bookkeeping team

Premium

Best for those looking for an all-in-one bookkeeping, tax advisory and income tax filing service.
$399/mo

billed annually

Everything in Essential plan
Dedicated team of licensed tax professionals to file your income tax return on time
Annual income tax filing for businesses (partnerships, S corps, C corps)
Annual income tax filing for individuals (sole proprietors, contractors)

Essential

Best for those looking for peace of mind and accurate financials done by professional bookkeepers.
$299/mo

billed monthly

Dedicated bookkeeping experts
Accurate monthly books and year-end tax-ready financial packages
P&L, balance sheet and 1099 reporting
Unlimited communication with your bookkeeping team

Premium

Best for those looking for an all-in-one bookkeeping, tax advisory and income tax filing service.
$499/mo

billed monthly

Everything in Essential plan
Dedicated team of licensed tax professionals to file your income tax return on time
Annual income tax filing for businesses (partnerships, S corps, C corps)
Annual income tax filing for individuals (sole proprietors, contractors)

Frequently Asked Questions

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
What specific deductions can I claim as a speech therapist in my yearly tax report?

As a speech therapist, there are several specific deductions that you can claim on your yearly tax report. These may include:

  • Continuing education expenses: If you take additional coursework or attend seminars to maintain your professional certification, these costs can often be deducted.
  • Home office expenses: If you use part of your home exclusively for your work, you can typically write off a part of your housing expenses.
  • Professional memberships: The fees for membership in professional organizations and unions may be deductible.
  • Mileage and travel: If you travel to meet with clients, attend conferences or other professional gatherings, you can often deduct those costs.
  • Equipment and supplies: Devices, therapeutic materials, office supplies, and necessaries required in your work are also deductible.

Remember, the specifics of what you can deduct might vary depending on your individual situation. It is always recommended to seek advice from a professional tax accountant or a bookkeeper.

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
How should I manage my accounting if I'm a self-employed speech therapist?

As a self-employed speech therapist, managing your accounting can seem daunting. Here are steps to simplify the process:

<ul><li>Track your income and expenses meticulously. This will help you understand your financial situation and make tax preparation easier. Having a separate business bank account can help with this.</li><li>Save money for taxes. Since self-employed individuals are responsible for paying their own Social Security and Medicare taxes, it's important to set aside money for this purpose.</li><li>Consider investing in bookkeeping software or a professional bookkeeper. This can save you time and can ensure that your records are accurate.</li></ul>

Remember, proper accounting isn't just about staying in compliance with tax laws - it's a crucial part of running a successful business. If you need tailored advice, Bench Accounting can help.

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
As a speech therapist, am I responsible for handling payroll and taxes if I hire an assistant?

Yes, as a speech therapist, if you hire an assistant, you would generally be responsible for handling payroll, taxes and other related administrative tasks. However, managing these financial responsibilities can be time-consuming and complex, especially when you're also running a therapy practice. That's where a bookkeeping service like Bench Accounting can assist. We handle everything from payroll to tax filing so you can focus more on providing excellent therapy to your clients.

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
Does Bench outsource bookkeeping?

Nope! All bookkeeping is completed in-house.

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
Will I have one point of contact?

Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
How much time each month will I have to spend managing my Bench account?

We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.

Bookkeeping Services for Speech therapists

Sign up for a Bench trial, and get one month free. If you decide to go with us, we’ll take bookkeeping off your plate—for good.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

No credit card required. By clicking ‘Start a Free Trial’, I agree to Bench’s Terms & Privacy Policy.