Counselor Weekly- 01/10/2024

Let the FinCen Begin!

Hello, and welcome to Counselor Weekly! Thanks again for being part of the community!

Here's the short and skinny of today's newsletter:

  • Meme of the Day

  • Weekly Resource

  • Interesting Articles

  • FinCen and BOI (nope, not making those things up!)

  • Cat Photo

Until I have an official sponsor, looks like I'm the sponsor!

Are you an LPC Supervisor in Texas wanting to market your services and connect with potential Associates? Are you recently graduated from your Master’s program and beginning the search for an LPC Supervisor? If so, Find Your Supervisor is a directory for LPC Supervisors to list their information in a searchable index so that potential Supervisees can connect with them and hopefully find a perfect match! There’s even a FREE version! Though you will not get all the robust search capabilities and members only resources you receive with the paid version, the FREE option still allows you to market basic information about your practice.

What do I get in the paid version? The short answer: A LOT! CLICK HERE to access the pricing page to learn more. Just think, if you contract with one new Associate from the site, the PREMIUM plan has paid for itself for the whole year within one month. PLUS, I’m giving you a discount code to take one of my Supervisor Refresher Courses (6 hours of CEs) for FREE as part of the Premium membership. It’s almost paying for itself just with that discount.

If you have any questions, click REPLY to this email and I can answer any questions you have. Thanks again for allowing me this personal promotion! 🙏

Meme of the Day

In preparation for FinCen and BOI requirements

Looking for an additional income stream? BetterHelp is an online counseling platform that you can contract with to start your private practice journey with minimal overhead, or add an additional referral source to your current private practice. Please note: you must be fully licensed to contract with BetterHelp.

As part of my ongoing experimentation into private practice resources, I personally began the process of contracting with BetterHelp and it was very easy. As I complete the contracting requirements, I’ll follow up on the newsletter with feedback on using this platform. More info to come!

I’ve heard of Brainspotting, but never really knew much about it. This article provides an excellent overview along with details of a real life session using the technique. Anyone trained in Brainspotting? If so, I’d love to hear your thoughts on using Brainspotting in your practice.

“Imposter Syndrome” is very common in our field. Here are some techniques to challenge those negative thoughts.

Does the father’s mental health affect their children?

FinCen and BOI

First off, let’s start with explaining these acronyms:

  • FinCen: Financial Crimes Enforcement Network

  • BOI: Beneficial Ownership Information

Why do these matter? If you own a private counseling practice in the US, you most likely have an additional government requirement to complete to remain in compliance. Failure to do so will lead to a HEFTY fine!

If you formed a business (LLC, PLLC, S-Corp, etc.) prior to January 1, 2024 you have until January 1, 2025 to complete the BOI form online. THIS IS A REQUIREMENT BY THE FEDERAL GOVERNMENT!

Here’s the good news: it’s really quite simple and can be completed quickly online. I wrote a brief blog post with additional info you can read by CLICKING HERE.

You can also click below 👇 to go straight to the FinCen website to create your login and provide the required information.

Recommendations? Interesting topics you would like to know more about? All you have to do is REPLY to this email with your suggestions on how I can make Counselor Weekly even better!

Considering an additional source of income? Check out Headway by clicking below to begin the process:

Want to promote your business/product/book/software/etc. that is related to professional counseling or mental health? Send me an email and let's chat! Just hit REPLY to this message!

Sometimes cats make the best counselors.

Don’t forget you can now refer your friends/colleagues/parents/whoever to Counselor Weekly just by clicking below: