When to Call an Accountant

In this program, psychologist Jeff Zimmerman, PhD, ABPP, will be joined by an accountant who will discuss common pitfalls made by mental health professionals, how an accountant can help in a preventative manner, and important, but often overlooked, reasons for seeking consultation. Ways to find and engage accountants will also be addressed.

More specifically, the program will address the following:

• How to make the best use of your accountant.
• The importance of using an accountant when starting a practice to help with deliberations about the type of structure and implications regarding administrative as well as tax consequences.
• The importance of using an accountant who knows state laws pertaining to mental health service delivery.
• Getting input around 1099 vs. W2 designations before hiring staff.
• How one knows when it is time to terminate a relationship with the accountant.

This program is part of the series Building and Sustaining a Thriving Private Practice: When to Call in Outside Help.

For NY psychologists: This program does not meet NYSED CE requirements.

• Identify the ways that an accountant may enhance regulatory compliance or adherence to ethical standards.
• List situations in which it is appropriate to consider seeking consultation with an accountant.
• Describe key considerations when engaging an accountant.

• Host: Jeffrey Zimmerman, PhD, ABPP
• Presenter: Felicia F. Seton, CPA, MSA