Private Practice Survival Guide
This podcast is all about empowering you to create the change you want to see in your practice. As a private practice strategist, I have dedicated my career to transforming the way that healthcare functions.
Brandon Seigel, President of Wellness Works Management Partners, is an internationally known private practice consultant with over fifteen years of executive leadership experience. Seigel's book "The Private Practice Survival Guide" takes private practice entrepreneurs on a journey to unlocking key strategies for surviving―and thriving―in today’s business environment. Now Brandon Seigel goes beyond the book and brings the same great tips, tricks, and anecdotes to improve your private practice in this companion podcast.
privatepracticesurvivalguide.com
Private Practice Survival Guide
Organizing Your Financial Records For Tax Efficiency
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Want fewer tax surprises and more peace of mind? In this episode of the Private Practice Survival Guide, host Brandon Seigel unpacks a clear, repeatable system for organizing your books so you can make confident, tax-savvy decisions all year. Learn why separating business and personal finances is non-negotiable, how a monthly close eliminates errors, and the exact habits and tools that keep you audit-ready. You’ll also get quarterly planning moves, deduction strategies, and a practical action plan to implement this week.
What You'll Learn:
- The non-negotiables of separating business and personal finances—and how it protects profitability, legality, and audit defense
- How to run a clean monthly close: reconciling banks and cards, reviewing liabilities, and standardizing payroll
- Core expense categories to track for clarity and control: payroll/labor, occupancy, professional development, marketing, technology/software, vendor services
- Quarterly planning essentials with your CPA: forecasting, estimated taxes, and standard vs. itemized deductions
- A simple, robust receipt/documentation workflow using tools like Dext, Hubdoc, and Expensify
- The big three financial statements explained: profit and loss, balance sheet, and cash flow (plus cash vs. accrual)
- The most common record-keeping mistakes that cost owners money—and how to avoid them
- A 7–30 day action plan to set up accounts, digitize receipts, and lock in tax-efficient routines
Start building clean, consistent books today so your practice can thrive—not just survive. #PrivatePractice #TaxPlanning #SmallBusinessFinance #Bookkeeping #HealthcareBusiness
Welcome to Private Practice Survival Guide Podcast hosted by Brandon Seigel! Brandon Seigel, President of Wellness Works Management Partners, is an internationally known private practice consultant with over fifteen years of executive leadership experience. Seigel's book "The Private Practice Survival Guide" takes private practice entrepreneurs on a journey to unlocking key strategies for surviving―and thriving―in today’s business environment. Now Brandon Seigel goes beyond the book and brings the same great tips, tricks, and anecdotes to improve your private practice in this companion podcast.
Get In Touch With Me
Podcast Website: https://www.privatepracticesurvivalguide.com/
LinkedIn: https://www.linkedin.com/in/brandonseigel/
Instagram: https://www.instagram.com/brandonseigel/
https://wellnessworksmedicalbilling.com/
Private Practice Survival Guide Book
This show is proudly produced at PS Studios — learn more https://www.psstudios.co
