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Hi Reader, I spent the weekend painting my daughterās room. Round 2 of 3. This weekend should be the last of the painting, and the new furniture is supposed to arrive Tuesday. Iām putting a lot of faith in āsupposed to.ā Speaking of things that only work in the right order. Hire a clinician who lives in another state and you usually pick up a second stateās payroll, which has to be set up before her first payday. A client of mine hired a clinician in California. She started May 18. The practice didnāt get its California employer account number until August 18. Three months. The Q2 payroll tax return came due right in the middle of that, with no account to file it under. So it didnāt get filed. His payroll software was ready the whole time. It was waiting on an account number, and getting that number was his job. Your payroll provider files in the new state. Someone has to open the account first, and unless youāve handed that off on purpose, that someone is you. I wrote up the 4 questions Iād ask before hiring in any state, including the one that can stop the hire cold no matter how clean your payroll setup is. š Hiring an employee in another state? Hereās what your therapy practice needs to knowā Got an out-of-state candidate on your radar right now? Hit reply and tell me which state. Until next time, Abby |
š Organizing docs, preparing taxes, and interpreting numbers for business owners š¤ Cash Clarity podcast š¤ Spreadsheets are my love language
Hi Reader, Iām still reeling from what happened this weekend at Stryker, the Wichita soccer complex where my kids play, and Iām holding the families directly affected in my heart. ā¤ļøš©¹ This week is part 3 of the 1099 series. Whether an LLC gets a 1099 depends on how itās taxed, and the business name wonāt tell you that. This past April, 3 clinicians at a practice I work with asked the same question: whereās my 1099? The practice hadnāt sent one to any of them. Each clinicianās W-9 had a...
Hi Reader, My husband and I built 5 pieces of furniture, and my daughter has officially moved into her room. We still need to add her things and shop for decor, but sheās so excited to have her own space. Back to work I can do sitting down. A W-9 on file only protects you if it still matches your books. Picture Hannah Abbott, a contract clinician. She filled out her W-9 in 2023, in her own name. In 2025, she formed Godricās Hollow Counseling LLC and asked to be paid through the business....