Collective handles S-Corp formation, payroll, bookkeeping, and tax filing for self-employed professionals. Used by therapists who incorporate to save on self-employment tax. Higher monthly cost but includes S-Corp filing, payroll, and tax.
Collective
S-Corp formation, payroll, and tax for self-employed professionals.
About Collective
What Collective does
The features that actually matter for therapy practice.
S-Corp formation
Payroll
Bookkeeping
Tax filing (business + personal)
Reasonable salary calculation
Honest assessment
What works and what does not, based on hands-on testing.
What works well
- Full-service S-Corp setup
- Includes payroll
- Saves self-employment tax for higher earners
Where it falls short
- Not therapy-specific
- Higher monthly than Heard
- Only worth it for higher-earning practices
FAQ
Common questions about Collective
How much does Collective cost?
Collective starts at $199/month. Pricing tiers and any free trial are noted in the review above.What is Collective best for?
S-Corp formation, payroll, and tax for self-employed professionals.
Alternatives
Other tools in Accounting & Tax
Bonsai
All-in-one business management for solo practitioners and freelancers.
PaidUnverified
Gusto
Payroll, benefits, and contractor payments for group therapy practices.
From $49/moUnverified
Traktion Accounting
Hands-on accountant team for established therapy practices.
PaidUnverified
Zoho Books
Full-featured accounting with a free tier for small practices.
From $20/moFree tier available
UnverifiedSide-by-side
Compare Collective with another option
Collective vs Bonsai
All-in-one business management for solo practitioners and freelancers.
Read comparisonCollective vs Gusto
Payroll, benefits, and contractor payments for group therapy practices.
Read comparisonCollective vs Traktion Accounting
Hands-on accountant team for established therapy practices.
Read comparisonCollective vs Zoho Books
Full-featured accounting with a free tier for small practices.
Read comparison