About Heard
A financial management platform built for therapists and wellness practitioners. Provides done-for-you monthly bookkeeping, quarterly tax estimates, annual tax filing, and payroll processing services.
Heard is a specialized financial management platform designed exclusively for therapists and wellness practitioners in private practice. Unlike generic accounting software, Heard pairs users with a dedicated team of bookkeeping and tax professionals to handle the administrative burden of running a practice. The platform automates monthly bookkeeping, tracks tax-deductible expenses, and provides personalized quarterly tax estimates. For growing practices, Heard includes payroll processing and S corp election support, ensuring compliance with tax regulations. The service is subscription-based and includes access to a dashboard for viewing financial reports, profit and loss statements, and goal monitoring. While the platform is highly tailored to the mental health industry, users should note that support for complex personal tax questions may vary by plan. It is an ideal solution for solo or group practice owners looking to outsource their financial record-keeping and tax preparation to experts.
Pros & Cons
- +Specialized financial support tailored specifically for therapists and wellness practitioners.
- +Includes done-for-you monthly bookkeeping and annual tax filing services.
- +Provides proactive quarterly tax estimates and payment reminders.
- +Offers unlimited messaging support with accounting and tax specialists.
- +Simplifies the S corp election process and reasonable salary calculations.
- −Support for annual business tax or personal tax questions is limited on the entry-level plan.
- −Pricing is subscription-based and may be higher than DIY accounting software.
- −Catch-up bookkeeping services are limited to the current tax year.
Features
Key features
- Monthly Bookkeeping
- Provides automated transaction categorization and reconciliation by a dedicated team.
- Tax Filing
- Prepares and files business and personal federal and state annual income tax returns.
- Payroll Processing
- Handles payroll tax withholding and filings for practice owners and employees.
- S Corp Election
- Manages the S corp election process and reasonable salary calculations.
- Financial Reporting
- Generates profit and loss statements and cash flow tracking for practice performance.
Additional features
- Quarterly Tax Estimates
- Calculates estimated state and federal tax payments with deadline reminders.
- Profit Allocation Guide
- Helps determine profit distribution across taxes, savings, and retirement.
- Real-Time Income Tracking
- Monitors progress toward annual income goals throughout the year.
- Tax Deduction Tracking
- Categorizes business expenses to maximize eligible tax deductions.
- Unlimited Messaging Support
- Provides access to accounting and tax specialists for business questions.
- Group Onboarding
- Offers webinars and sessions to assist with account setup and best practices.
- Bank Integration
- Syncs business checking, savings, and credit card accounts for financial tracking.
Pricing
Monthly plans
Countries & Languages
Interface languages
Billing currencies
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About Heard
A financial management platform built for therapists and wellness practitioners. Provides done-for-you monthly bookkeeping, quarterly tax estimates, annual tax filing, and payroll processing services.
Heard Details
Heard's In-App Market Place
Does Heard have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
12
Mini Apps
1. HR Cloud: This add-on integrates with Heard to streamline HR processes such as employee onboarding
performance evaluations
and time-off requests.
2. Accounting Sync: This add-on syncs Heard with popular accounting software like QuickBooks
Xero
and FreshBooks for seamless financial record-keeping.
3. Compliance Tracker: This add-on helps businesses stay compliant with various payroll and HR regulations by generating reports and alerts for upcoming deadlines.
4. Time Clock: This add-on allows employees to clock in and out directly from Heard
tracking their hours worked and streamlining payroll calculations.
5. Benefits Management: This add-on helps HR teams manage employee benefits such as health insurance
retirement plans
and paid time off within the Heard platform.
Pricing Options
Plans
Monthly plans
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), CAD (C$), AUD (A$), JPY (¥), CHF (Fr), CNY (¥), INR (₹), MXN ($), BRL (R$), RUB (₽), KRW (₩)
Pros & Cons
- Specialized financial support tailored specifically for therapists and wellness practitioners.
- Includes done-for-you monthly bookkeeping and annual tax filing services.
- Provides proactive quarterly tax estimates and payment reminders.
- Offers unlimited messaging support with accounting and tax specialists.
- Simplifies the S corp election process and reasonable salary calculations.
- Support for annual business tax or personal tax questions is limited on the entry-level plan.
- Pricing is subscription-based and may be higher than DIY accounting software.
- Catch-up bookkeeping services are limited to the current tax year.
Heard's Support Options
Email Address
support@heardtech.comContact
1-800-555-1234Documentation
https://heardtech.com/documentationCommunity Forums
https://heardtech.com/communityLive Chat
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