Cash vs. Accrual Accounting: Which Saves More at Tax Time? There’s a silent tax decision hiding in your books—and it’s costing some lawyers thousands. Cash vs. […]
Year-End Tax Planning Starts Now: Why October is Critical for Law Firms wait If you’re waiting until January to think about taxes, you’re not planning. You’re […]
How to Prepare for a Surprise IRS Notice or Audit Most attorneys believe they’ll never face an audit. They assume because they’re not doing anything “wrong,” […]
Profit vs. Cash Flow: Why You Might Feel Broke While Growing You’re busier than ever. Clients are coming in, your revenue is growing, and the caseload […]
Trust Account Guidelines for Multistate Practices: Staying Compliant Across Jurisdictions For law firms operating in multiple states, trust account compliance becomes significantly more complex. Each jurisdiction […]
Trust Account Audits: What Lawyers Should Know & How to Prepare A trust account audit can be one of the most stressful experiences for an attorney—especially […]
California IOLTA Requirements: A Comprehensive Guide for Attorneys California has strict requirements when it comes to handling client funds, and one small mistake could result in […]
Understanding Retainers and Trust Accounts: A Lawyer’s Guide to Compliance & Client Trust Retainers aren’t just upfront payments—they are a legal and ethical responsibility that must […]
Trust Account Rules Every Lawyer Should Know: Spotlight on Kansas and Texas Listen, no one wakes up excited to learn about trust account rules—but knowing them […]