Heard logo

Heard

Heard is an accounting platform specifically designed for mental health and wellness providers, integrating bookkeeping, taxes, and payroll.

Heard screenshot

About Heard

Heard offers an all-in-one accounting solution tailored for mental health and wellness professionals, covering bookkeeping, tax preparation, and payroll services. Users of the platform report saving an average of 60 hours annually and realizing $5,000 in tax savings. The service includes monthly bookkeeping, provision of clear financial reports, quarterly tax estimation, filing of personal and business returns, and support for S Corp setup. Furthermore, Heard guarantees responses to provider inquiries within one business day.

Key Features

Integrated Bookkeeping

Heard provides comprehensive bookkeeping services tailored to the specific needs of mental health and wellness professionals, simplifying financial tracking.

Tax Preparation and Filing

The platform handles the complexities of tax preparation, ensuring compliance and maximizing deductions relevant to therapy and wellness practices.

Payroll Management

Heard offers integrated payroll services, allowing providers to easily manage payments for employees and contractors within the same system.

Compliance Support

It offers specialized support to help mental health providers navigate the unique regulatory and financial compliance requirements of their industry.

Financial Reporting

Users gain access to clear, actionable financial reports designed to give insight into the health and performance of their practice.

Use Cases

Managing a Private Therapy Practice

Therapists and counselors can use Heard to automate their daily bookkeeping, invoicing, and expense tracking, freeing up time to focus on clients.

Handling Contractor Payments

Wellness professionals who employ associate therapists or contractors can utilize the integrated payroll feature for accurate and timely payments.

Preparing for Tax Season

Providers can streamline their annual tax preparation by having all necessary financial data, including income and expenses, consolidated and organized within the platform.

Scaling a Wellness Business

As a practice grows, Heard provides the necessary financial infrastructure to manage increased transaction volume, payroll complexity, and reporting needs.

Ensuring Industry-Specific Compliance

Clinics or individual practitioners can rely on Heard to maintain financial records that adhere to the specific standards relevant to the healthcare and wellness sector.

Frequently Asked Questions

What types of providers is Heard designed for?

Heard is specifically built for mental health and wellness providers, including therapists, counselors, psychologists, and related practitioners.

Does Heard handle both bookkeeping and taxes?

Yes, Heard integrates both ongoing bookkeeping services and the preparation and filing of necessary business taxes.

Is payroll management included in the service?

Yes, the platform includes payroll services to manage payments for employees and contractors associated with the practice.

How does Heard handle data security for sensitive client information?

While focused on finance, Heard adheres to industry standards for securing financial data, which is crucial for providers handling sensitive client information.

Is there a free trial available for the platform?

Information regarding a free trial is typically available upon contacting their sales team or reviewing their pricing page directly on their website.

Related AI Tools