Psychology House uses a common business model within the private practice community, which is to employ our clinicians as 1099 contractors instead of W-2 employees. In doing so, it simplifies administrative work for us while providing a lot more freedom and flexibility for our clinicians.

As a 1099 employee, you are viewed by the state as a business providing a service to our business. In this case, psychology services. In order to begin that relationship, you will need your very own business entity.

A business bank account seems like another level of complexity, but in reality, it makes managing your new income so much simpler. It also provides you with an extra layer of protection and legitimacy from a legal standpoint.

Every psychologist needs malpractice insurance. It just comes with the territory. But purchasing malpractice insurance can be daunting. So, to simplify the process, we created this guide on which company we use and which level of coverage to purchase. Thus, removing the daunting part of the process.

Now that you are a big shot operating under your own business entity, there are a few things you can do to ensure tax time is a breeze. Plus, your new business entity gives you access to some new, fancy tax write-offs.

Psychology Today is a popular online resource individuals use to find psychologist in their area that match their needs. We use it as one of many tools to help prospective clients find you. But finding you is only one piece of the puzzle. Getting them to take action requires a profile that gives them exactly what they’re looking for.

Being a contractor, Psychology House can not legally offer you health insurance. Which means you would have to purchase your own. Luckily, this allows you more coverage options and the ability to write off your healthcare premiums as business expenses. But, for those of us who have never purchased health insurance before, we often don’t know where to start. So we wrote this guide to help you with that very thing.