A few days ago, I had a college professor who I think is quite brilliant in her area (film) decide that my concerns about how a movie she wanted to show would hurt my industry were irrelevant because she believed hypnosis and hypnotherapy was not an industry.
However, this lead me to realize that when someone is registering for a business or business license, they usually need an industry code. I did when I registered but forgot that I needed one.
For those in the United States that might to file their income taxes federally, the most common industry to use is the North American Industry Classification System (NAICS). Some places have their own specific coding and this could potentially be confusing, or at least it was when I was working in this area. I know Augusta Georgia for their business license does not use NAICS.
The following is from the North American Industry Classification System website, which I became very familiar with when I was a technology transfer consultant in the old days. How it works is you scroll down your first two digit code and then get it more precise until you find the one that is most appropriate.
Generally most hypnotherapists (not stage hypnotists mind you as that would likely fall under entertainment) is most fitting for 621330 for the 2017 version of NAICS although I recommend always checking as to when these are updated to assure you have the most fitting option. 6213300 is the following (this is a direct copy from the appropriate website)
621330 Offices of Mental Health Practitioners (except Physicians)
This industry comprises establishments of independent mental health practitioners (except physicians) primarily engaged in (1) the diagnosis and treatment of mental, emotional, and behavioral disorders and/or (2) the diagnosis and treatment of individual or group social dysfunction brought about by such causes as mental illness, alcohol and substance abuse, physical and emotional trauma, or stress. These practitioners operate private or group practices in their own offices (e.g., centers, clinics) or in the facilities of others, such as hospitals or HMO medical centers.
- Establishments of psychiatrists, psychoanalysts, and psychotherapists having the degree of M.D. (Doctor of Medicine) or D.O. (Doctor of Osteopathy) are classified in U.S. Industry 621112, Offices of Physicians, Mental Health Specialists.
|621330||621330||621330||Clinical psychologists’ offices (e.g., centers, clinics)|
|621330||621330||621330||Doctors of psychology offices (e.g., centers, clinics)|
|621330||621330||621330||Psychoanalysts’ (except MDs or DOs) offices (e.g., centers, clinics)|
|621330||621330||621330||Psychologists’ offices (e.g., centers, clinics), clinical|
|621330||621330||621330||Psychotherapists’ (except MDs or DOs) offices (e.g., centers, clinics)|
|621330||621330||621330||Social workers’, mental health, offices (e.g., centers, clinics)|
Of course if there are any questions, be sure to ask a qualified tax professional.
Melvin S. Marsh is a certified hypnotherapist serving Atlanta GA, Aiken SC, Augusta GA, and Blairsville GA. He performs hypnotherapy appointments both in person and worldwide virtually. He can be reached at www.afterhourshypnotherapy.com .