Our firm specializes in serving the accounting, tax and financial management needs of law firms and independent attorneys. We help legal firms streamline their tax and accounting operations to save time and money, while also providing insightful advice to maximize their profitability. Our experienced team has a deep understanding of how legal practices operate, allowing us to offer invaluable advice customized to each firm’s finances, in addition to tax planning strategies that can reduce tax obligations.
With our expert knowledge of the legal profession, we will develop a customized plan that will soon have your practice measuring up to—or even exceeding—industry benchmarks. We will help identify business trends and opportunities for growth as well as aid in improving the operations, efficiency, and profitability of your practice. With years of experience serving the legal profession, you can trust our team to support all your unique accounting and tax needs.
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For many business owners, September tends to bring a bit of a slowdown. The chaos of getting kids prepared for going back to school has passed, and a focus on saving money tends to kick in as people prepare for the coming holiday spend. Combined, this can often translate into a lull for business owners.
This is a friendly reminder that the Q3 tax estimate payment deadline is coming up fast. Be sure to make your payment by September 15, 2018 to avoid penalties. Currently, penalties for late or no payment average about 4 percent. And wouldn’t you rather keep that money in your pocket?
According to new rules from the Tax Cuts & Jobs Act, meals and entertainment tax-deductible expenses for businesses have undergone considerable reform. Because the explanations of new deduction guidelines can be confusing, we’ve created this brief outline for you. A visit with your accounting professional to ensure your Chart of Accounts is correct may also be beneficial.