Beloved graduates, peers, friends, and community: It is with great sadness and tremendous gratitude that we share this with you: we will not be enrolling students for the Fall 2021 start... and likely not enrolling any future classes as well.We realize that many of you may be shocked, saddened, disappointed... and we are too. We’ve considered many, many avenues for keeping our doors open, but without sustainable enrollment numbers, we simply cannot continue. While demand for LMTs (nationwide and in WA) continues to grow, enrollment numbers continue to decline. This trend was underway when we first opened our doors nearly 10 years ago, and the pandemic has only widened that divide.We just graduated a lovely and talented group of grads. We are also firmly committed to completing classes (Q3 & Q4) for our final cohort with care, support, and professionalism. They will graduate and join the massage profession in March 2022.The silver lining in all of this, to be honest, is all of you — the students, teachers, and supportive community who have helped us (and each other) grow and learn and develop. We have treasured our time together and appreciate what you brought to us and the profession. You all are a gift, and we're grateful to know and grow alongside you.Remember, a Discoverypoint is neither the beginning nor the end, but a point along the way…part of the journey of our lives, our careers, and the stories we continue to weave. Thank you for joining us on this journey.💜 Pat, Lisa & Julie ... See MoreSee Less

2 days ago  ·  

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What Is The #Trager® Approach?The #TragerApproach is a #somaticeducation practice that helps people #experience themselves as #healthyandwhole. Developed by Dr. Milton Trager, it blends #touch, #movement, and #curiosity to #teach #clients to feel changes in their tissues and return to this feeling state to effect long-lasting changes.#dpsom #discoverypoint #seattle #massageschoolseattle #wfh ... See MoreSee Less

1 month ago  ·  

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#8 #Prepare the #InsuranceMost important, we are going to talk to you about insurance that you may need in your #business.#LiabilityinsuranceIn centers where skin treatment and touching client’s bodies is performed, professional and General Liability (#Malpractice) Insurance is critical. Hence, although it is not usual, there is a risk that the practitioner may cause damage to the #client. Many companies offer policy coverage for at least $2,000,000 limit per occurrence for less than $300 per year. Besides, a massage center must have a #CommercialInsurance with Civil Liability coverage to obtain the licenses.The most common coverage is the Civil Liability of Exploitation. This is responsible for the business activities. It also covers the damages that employees may cause when carrying out their work.The Employer’s Civil Liability covers the business owner if workers suffer injuries or death due to an accident at work.Multi-Risk InsuranceThis insurance covers the damages that can be caused by a fire or a flood in the #assets of the premises that are insured. It also includes glass breaks, moons, mirrors, etc. It is the insurance company that is responsible for the expenses that may involve the repair of the affected goods.The theft coverage is also #essential because in a massage center may have material quality and quite expensive.#dpsom #legalizeit #massagecareers #happyhealing #holistictherapy ... See MoreSee Less

1 month ago  ·  

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#7 Find a #StrategicLocation for #SuccessWhen choosing the location of the #massagecenter, it is best to separate yourself from the #competition. In big cities, there are already many massage centers, and you can find #pricewars and services. What you need to do is look for locations where there are almost no massage centers and little competition.To set up a massage center and have many #clients, you must try to locate it in a street where there is a lot of #movement. The massage rooms must be located in an area of the premises where the sound of the street is not heard. This condition is to avoid disturbing the #tranquility of the clients.A good idea is to locate the massage center in an area where there are people who work all day. In this way, receiving a massage when leaving work will be a perfect #opportunity for them.#dpsom #seattle #caphillseattle #massageschool #massagecareer ... See MoreSee Less

1 month ago  ·  

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#6 #Financing as a Licensed Massage TherapistThe initial #investment can be scary at first, but there are many ways to get financing for #massage therapist school and your practice. The primary source of financing to which #entrepreneurs go to set up a massage center is usually from #family and #friends. You can ask them to contribute #capital to your business. Also, they can help you later #promote your #business with #wordofmouth.On the other hand, the different sources of financing most used by small and medium sized enterprises (SMEs) are:#Loans#Credit account#Leasing#Renting ... See MoreSee Less

1 month ago  ·  

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Prepping for Tax Time: Tax Tips for Massage Therapists

Prepping for Tax Time: Tax Tips for Massage Therapists

This time of year can be particularly complicated and stressful for self-employed professionals like massage therapists. As a massage therapist in business for yourself, whether you are a sole proprietor or independent contractor, you are consider to be self-employed and need to file a Schedule C or C-EZ, as well as a Schedule SE for required self-employment taxes.

Start here to understand where you stand with filing taxes for the 2015 business year. The following tips and guidelines should help massage therapists navigate tax time with more ease and confidence.

Keep detailed records. Hold onto all business receipts, regardless of whether you know they are deductible or not. Keep track of every check and credit or debit card payment made to you for massage services. Maintain all of the receipts for purchases you made for your education, school supplies, and your ‘massage uniform’, i.e. scrubs, khakis, and polo shirts. Use a pocket folder with 12-15 slots to keep your receipts in order each year.

Take inventory. In addition to keeping the records of your purchases, you should maintain an inventory of all of your products, furniture, accessories, and tools. Take photos of the high-priced items in particular. This inventory is important for recording your assets, but it’s also useful in the case of a fire or other instance where you would file an insurance claim.

Itemize expenses correctly. Not only do you need to keep all receipts for your business expenses; you need to be sure to record them correctly. Personal expenses should not be included on your business expense account. If you purchase something that will be used for both, calculate the percentage that will be used for business and only itemize that partial amount.

Pay quarterly on your estimated income. Most self-employed massage businesses pass the threshold of estimated annual income that requires therapists to make quarterly pre-payments on that estimated income. To avoid penalties and fees, you need to make these quarterly payments through the IRS’ EFTPS system. These quarterly payments would be made in April, June, and September of the current tax year, and the final quarterly payment is due in mid-January of the following year.  These pre-payments generally mea your income tax has been paid in full when April 15th rolls around, and you may even get a return on the taxes if you over-estimated the annual income.

Click here for a detailed rundown of what to expect and how to manage your taxes as a massage therapist (Note: this article is from 2009, so keep in mind that you should apply your thinking to filing your 2015 taxes, and planning for 2016 estimated payments). Still feeling overwhelmed? You may want to purchase a copy of the Annual Tax Mess Organizer for Massage Therapists, Estheticians & Spa Owners.

Featured photo source: Pixabay.com

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