Episode 171: When Telehealth Crosses State Lines...

Navigating Tax Considerations for Multi-State Telehealth Practitioners In this episode of 'Therapy for Your Money,' host Julie Herres addresses a listener-submitted question about tax considerations for clinicians providing telehealth services across state lines. Julie highlights the complexities introduced by factors such as nexus, the location of clients, and state-specific tax laws. She offers valuable advice, emphasizing the importance of consulting with a tax preparer, maintaining clear client location records, and understanding state-specific regulations. Julie also discusses registration requirements for hiring across states and the impact of multi-state telehealth practice on business structures and tax filings. Show Highlights 00:00 Introduction to Therapy for Your Money 00:45 Listener Question: Tax Considerations for Telehealth 02:35 Understanding Nexus in Taxation 03:53 State-Specific Tax Thresholds 07:40 Registering as a Foreign Entity 09:57 Recap and Final Advice 12:57 Disclaimer Links and Resources Money for Therapists Practice Startup - https://www.greenoakaccounting.com/startup GreenOak Accounting - www.GreenOakAccounting.com Therapy For Your Money Podcast - www.TherapyForYourMoney.com Profit First for Therapists - www.ProfitFirstForTherapists.com Profit First Academy - www.ProfitFirstForTherapists.com/Academy Podcast Production and Show Notes by Course Creation Studio