If you’re looking to pay less in taxes, grow your business, and constantly learn and improve, you need a CPA behind you. The right professional can help with these things as well as educate you on how tax planning can help you reach your goals.
We’ve come across client transactions that have already happened by the time we find out about it. That means there is very little tax planning that can take place, which means it can be hard to reduce any tax owed.
Summer is upon us. You know what that means? Our year is halfway over. Now is the perfect time to review your financials, celebrate your wins, and readjust if needed.
Remember six months ago when you set your goals for the year? Are you on track to reach them? Let’s look at where you can improve? Or if, you didn’t set goals, let’s think about what goals you want to set for the rest of the year.
Managing a law firm is time consuming. Not only are you practicing law, you’re worrying about cash flow, hiring and firing, and making all of the other important decisions. Accounting is usually on the bottom of the list.
Let’s face it, you went to law school to practice law, not to do accounting. Accounting for law firms can seem overwhelming and time consuming. Actual it is both of those, but it’s a requirement and there are standards to follow if you want to keep your license and ability to practice law.