Our Services
At Prestige Accounting & Consulting, we offer a
comprehensive range of services tailored to meet
the financial needs of law firm owners. Our team
of experienced professionals is dedicated to
helping you achieve financial success and peace
of mind. Explore our services.
Our Expertise
With our exclusive focus on law firms, we offer specialized financial services tailored to your unique needs. We use data-driven strategies to elevate your firm’s financial performance, helping you transform into one of the most profitable law firms in the industry. At Prestige Accounting and Consulting, our skilled professionals blend legal expertise with cutting-edge technology to amplify law firm profitability while adhering to strict IOLTA account rules
Why Choose Us:
As a Certified Profit First Professional CPA, I Can Help You:
Develop strategies and systems with us to help your law firm
See more money in your law firms pocket starting with your very next bank deposits.
Focus on building your small law firm as you take on navigating the world of Profit First bookkeeping, taxes and coaching for you.
Keep your law firm safe from huge financial mistakes that could put everything you worked for at stake.
Create a business around your life instead of a life around your law firm.
Achieve a quarterly profit distribution rhythm, just like the fiscally elite companies…
Yes, finally pay yourself!
Never worry about taxes again – your law firm will take care of it automatically.
Erase all of your debts (even if you have a load of unpaid liabilities) while still taking a profit
from day one.
Make profitability a HABIT in your law firm.
Our Process
At Prestige Accounting and Consulting, our expert team leverages cutting-edge technology and our proven 5-Step C.L.I.M.B. process to drive your law firm’s profitability while minimizing taxes. Choose from our three flat-fee monthly packages, each designed to bundle essential services: comprehensive bookkeeping, strategic tax planning, and proactive business advisory.
Getting Started
Once you have paid your fee to start, our partnership begins with an onboarding call. You’ll meet with a financial consultant to learn about our
technology/services and get a clear overview of our outsourced bookkeeping, tax & consulting services.
Working Together
Every month we will need certain documents in order to complete our accounting process. We will go over that during the kick-off call. All requests will be
sent via our project management system.
Making it Easy for You
You can send us your back-office documents (e.g. bills, invoices) by uploading files via our web portal, submitting photos via your smartphone. Once your bookkeeping/taxes are complete, you will receive a link to book a review call at a time that is convenient for you.
A Team Effort
Prestige Accounting and Consulting Operation Arm has three departments:
Special Projects: Handles tax resolution, large accounting projects, onboarding new clients, and performs QuickBooks Diagnostics.
Finance: Handles monthly bookkeeping & sales tax returns, and creates financial strategies.
Tax: Handles annual & quarterly tax filings, creates tax plans, adjust tax plans quarterly, and calculates estimated tax payments.
Always Here for You
We’ll be there for everything from answering and processing your questions to keep you on top of key business data and working on ad hoc projects as need.
Once you are fully onboarded and your accounting is caught up to date, we will create the following plans for you:
1) Tax Plan: This will provide you with strategies you can implement to reduce your tax liability.
2) Profit First Roll Out Plan: This will instruct you on how you can make small incremental changes to increasing your firm’s profits and owner’s salary.
3) Quarterly action plan: This outlines the objectives and action steps your firm needs to focus on for the next quarter.
Room to Grow
As your business grows and demands change, we can add more resources as needed. One of the many benefits of working with Prestige is that you
don’t only get access to our team but also our network of referral partners. We will speak with you every month or quarter to help you reach your financial and
lifestyle goals.
Schedule a Free
Consultation
As a Certified Profit First Professional specializing in small law firms accounting needs, I’ve gone through, and continue to go through, rigorous training to ensure I am up to date on the latest and greatest tools and training available. We have ongoing training, tools, updates, mentors, accountability and support directly through headquarters and I’m surrounded by more than 500 professional accountants, bookkeepers and coaches who are some of the top globally that I am continuously learning from and engaging with.
Clients Results
Featuring videos showcasing the results of our clients,
created by Ryan for Profit Pillars
Our C.L.I.M.B. Methodology
It’s Not About How Much
Money You Make,
It’s About How Much You Keep.
WHAT IS PROFIT FIRST?
Profit First is a simple straight forward and effective cash
flow strategy that will transform your law firm from a cash-
eating monster into a money-making machine. Written by
Mike Michalowicz, the system explains why The GAAP
(Generally Accepted Accounting Principles) method is too
complex for most small law firms. You will quickly learn the
importance of taking your profit first, without
compromising your law firm, and why the Profit First of
Sales – Profit = Expenses actually sustains growth and
skyrockets profits. As a certified Profit First CPA Firm, we
can help you with your law firm’s accounting needs while
implementing the Profit First method.
Meet Mike Michalowicz
Mike Michalowicz is and is co-founder of Profit First
Professionals, a membership organization of
accountants, bookkeepers and business coaches who
teach the Profit First method. He is the entrepreneur behind
three multimillion dollar companies and is the author of
Profit First, Clockwork, The Pumpkins Plan and his newest
book, Fix This Next. Mike is a former small business
columnist for The wall Street Journal and regularly travels
the globe as an entrepreneurial advocate.
THE LAW AND
QUARTER PODCAST
Learn how you can work less and play
more while increasing your profits.
DO YOU HAVE ANY QUESTIONS?
GET IN TOUCH
Transform Your Financial Landscape Today – Contact Prestige Accounting for Expert Consultation