30 SECONDS OF THERAPY: Special Tax Edition – Maximize Your Earnings, Minimize Your Taxes.

Ok, so we lied to you. This is not going to show you how to lower your taxable income by $10,000, it's actually going to show you how to save: 

• $16,564   You’re welcome :) And yes, this will take more than 30 seconds but, stick with us and we will share with you not only 5 strategies but some actual worksheets to help you get it done. 

  
  

• And before you ask… Yes this is legal, the IRS actually has documentation on how to implement each of these strategies, but always speak with you tax professionals first.   Ready to save big? It only takes a little more than 30 seconds to start.

#1 Go Into Business for Yourself in 2025:

As an independent contractor (1099), you can deduct normal and necessary business expenses. The IRS rewards business owners with thousands of deductions each year, helping you keep more of what you earn. Unfortunately if you are an employee (W2) it's a lot harder.(IRS Publication 334 Business Expenses)

• Work For Yourself = Priceless

• Office paper = $30

• Printer Ink = $62

• Printer = $322

• Laptop Repair = $127

Total: $541 

#2 Home Office Deduction: 

Utilize a dedicated space in your home for work— (documentation, scheduling, invoicing, check deposit, continuing education) and deduct a portion of all of your expenses. Deduct a percentage of rent, mortgage interest, utilities, WiFi, repairs, depreciation, property tax and more.  You can determine the % utilized by either counting the number of rooms or square footage. (IRS Publication 334 FAQ Home Office Deduction)

• 1 office room / 10 Total rooms = 10%. 

• 10% of $10,000 of household expenses =  

Total: $1,000

#3 Self-Employment Tax Deduction: 

As a self-employed therapist, you pay 15.3% in self-employment tax, covering both employer and employee Social Security and Medicare contributions. Unless you choose a business structure that allows you to pay yourself an appropriate salary and take the rest as dividends. (IRS Self Employment Tax Schedule SE 1040)

• If you make $100,000 your total tax would be ~ $21,782 according to Lettuce.com

• Instead start an S-Corp (Talk to your tax and legal advisor if this is right for you) $100,000 total Income

• Pay yourself $40k Salary

• Take a $60k Owners Distribution 

• Pay $14,817 in tax  
  

Total: $6965 savings

#4 Education: 

Continuing education isn’t just a career booster—it’s a tax-deductible expense if it helps you maintain or improve your current profession. The IRS allows you to write off qualifying courses, materials, and even travel costs for work-related education. 

(IRS Publication 334 Education Expenses )

What’s Deductible? – CE courses, license renewals, textbooks, workshops, and professional memberships like APTA or AOT. Just remember to keep your receipts to ensure you get the full deduction. 

• Online Con-Ed = $100

• 1 Motivational Book, 1 Tax Prep Book, 1 Book on Lumbar Spine Manipulation =  $33

• 1 Three day seminar in Las Vegas, Travel expenses, 3 Nights @ Hard Rock Cafe = $1,325 The hangover is free... but you can deduct your gambling loss against your winnings

• Professional Licenses Renewal Fee = $300 
  

Total: $1758 

#5. Residence:  

According to the Augusta Rule, as a business owner you may formally rent your own residence to your business for your company events, board meetings, annual compliance training or any other valid business reason for up to 14 business days. Simply make a contract and obtain comps from VRBO and cut the check. 

(IRS Publication TC 415 Business use of Your Home)

• Annual board meeting and business planning event 14 days at $450 / night = 
  

Total = $6300 

PS: Access your free home office deduction spreadsheet HERE to help you get started. Rest assured, there are no hidden conditions, no forms to fill out, and no emails required. Just a gift to help you save on taxes.  :)

PPS: Stay tuned! Throughout the month, we’ll be sharing additional resources, including mileage log calculators, Augusta Home Rental Agreements, and more details on tax-saving strategies that could benefit you.

PPPS: We’ll also show you how to save up to an additional $10,000 if you have children. (It’s all perfectly legal—just ask the IRS!) Friendly Service |  Reliable Therapy  | Helpful In-Home Care

Disclaimer:  We are not tax, financial, or legal professionals. We are simply therapists trying to help you succeed.  Please discuss all these strategies with your tax and legal advisors. 

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CALL US:  (323) 786-1890

Biomechanics Physical Therapy, P.C. empowers therapists like YOU with evidence-based tools, advanced techniques, and collaborative support to improve YOUR skills and help YOUR patients.