Behavioral Healthcare Business Resources
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Legal Structures in Private Practice

​Practice of the Practice podcast with Joe Sanok

Summary

If you are in private practice and are under the $60 000 mark, this podcast series is for you! Joe is going back to the basics and running through the various phases involved in setting up a practice that is going to thrive! In this episode, Joe speaks about the legal structure within private practice.

Different Types of Legal Structures

Every state has different laws around these, so chat to a state-specific attorney.

1. LLC

2. PLLC

  • Professional Limited Liability Company

3. S-Corps

  • You’re an employee of the company
  • Filing taxes
  • Only makes sense if you’re in the $80k-$100k range
  • ronharriscpa.com/joe

Banking

Automate your books by using a software program like QuickBooks. Visit www.practiceofthepractice.com/quickbooks.

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