Category: Blog

Hiring a CPA for Your Firm: Things to Know

Hiring a CPA for Your Firm: Things to Know

Are you considering hiring a CPA for your law firm? Here are five things you need to know before making your decision. First, CPAs can help you save money on taxes. Second, they can help you manage your finances and keep track of your expenses. Third, they can provide...
Take Your Law Firm Finances To The Next Level

Take Your Law Firm Finances To The Next Level

As a law firm owner, you know that in order to be successful, your finances need to be on point. But sometimes it can be tough to know where to start or what changes need to be made. If you’re looking for ways to take your law firm finances up a notch, read on...
Law Firm Forecasting: Short- & Long-Term

Law Firm Forecasting: Short- & Long-Term

What’s the forecast for your law firm? And no, we’re not talking about the weather. Instead, we’re talking about your business – where do you see it going in the short-term and long-term? Also, do you have a plan in place to make sure that you...
Could Your Business Benefit From A Cash Flow Analysis?

Could Your Business Benefit From A Cash Flow Analysis?

Are you looking for ways to improve your law firm’s cash flow? If so, you may want to consider conducting a cash flow analysis. A cash flow analysis can help you identify areas where your firm could save money or bring in more revenue. It can also help you plan...
Is Your Business Using Your Home?

Is Your Business Using Your Home?

Home office deduction – what does it take to have a dedicated work room at home If you own a law firm, you may be able to deduct the cost of your home office on your taxes. The home office deduction is available to business owners who use a portion of their home...
A Backdoor Roth Ira Strategy For Law Offices

A Backdoor Roth Ira Strategy For Law Offices

What is a backdoor Roth IRA strategy, and how does it work for law offices specifically A backdoor Roth IRA is a retirement savings strategy that law firm owners can use. Specifically, it allows them to make after-tax contributions to a traditional IRA. Then convert...
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