Common Tax Credits and Deductions for Practice Owners in 2026

Tax season doesn’t have to be a mystery, and you might be leaving money on the table without even realizing it. In this episode, Julie Herres sits down with Adam Rook from the GreenOak Accounting tax team to break down the most common tax credits and deductions practice owners may qualify for—both on the business and personal side. Whether you run a solo or group practice, you’ll walk away with clarity about the tax savings that could make a real difference for your bottom line.

3 Reasons to Listen

Cut Through the Confusion: Learn the difference between tax credits and deductions—so you’ll understand exactly how each one impacts your taxes.
Find Money-Saving Opportunities: Discover which credits and deductions are actually available (and common!) for private practice owners in 2026, and learn what to ask your tax preparer.
Avoid Costly Mistakes: Get tips on documentation, common pitfalls, and why you should never take your tax advice from TikTok (really!).

Resources and Link

GreenOak Accounting: greenoakaccounting.com – Book a free consultation or explore services for practice owners.
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, Audio Mixing, and YouTube Video Production by James Marland