Managing a private therapy practice can be demanding, with constant client sessions, administrative tasks like payroll, and the ongoing need to update financial records. Unlike many other professions, therapists have unique accounting and bookkeeping needs, and at Haribusiness CPA, we specialize in addressing these challenges.

In Canada, mental health professionals face specific tax regulations, including potential exemptions from GST/HST on their services. Navigating these complexities requires expertise, which our Haribusiness CPA professionals possess.

Moreover, therapists and psychotherapists can benefit from tax deductions that differ from those available to other businesses. From meal and travel expenses to licensing and membership fees, we understand the nuances of these deductions. Additionally, you can even write off the cost of your own therapy sessions, recognizing the importance of maintaining professional mental health.