Blog Category: Tax

Business entity conversion cost for law firms comparing LLC, PLLC, PC, and S-Corp structures.

Business Entity Conversion Cost for Law Firms: What to Know

Executive Summary & Key Points The Big Picture Is your law firm operating under the right...
How to choose a CPA for your law firm by comparing monthly CPAand hourly accounting services.

How to Choose a CPA for Your Law Firm: Monthly vs. Hourly

Executive Summary & Key Points The Big Picture Knowing how to choose a CPA for your...
Law firm owner reviewing self-employment tax and tax planning strategies.

Why Law Firm Owners Overpay Self-Employment Tax Every Year

Executive Summary & Key Points The Big Picture Many law firm owners pay more self-employment tax...
Law firm owner reviewing tax planning strategies to reduce yearly tax costs

Tax Planning for Law Firms: How Much Are You Losing Every Year?

Executive Summary The Big Picture A profitable law firm can still pay more in taxes than...
Law firm owner reviewing quarterly taxes and estimated tax payments with a CPA

Can a CPA Help With Quarterly Taxes for Your Law Firm?

Executive Summary The Big Picture Yes. A CPA can help law firm owners calculate quarterly estimated...
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What to Expect When Paying $1,000+/Month for Accounting & Tax Support?

Executive Summary & Key Points The Big Picture Many solo and small law firms pay between...
Tax planning for law firms making over $1 million

The Best Tax Strategies for Law Firm Owners Making Over $1M

Executive Summary The Big Picture When a law firm owner earns over $1 million, taxes become...
Law firm owner reviewing quarterly tax payments, bookkeeping, and tax projections to avoid falling behind on estimated taxes.

Why Law Firm Owners Fall Behind on Quarterly Tax Payments

Executive Summary Quarterly tax payments are a common problem for law firm owners because law firm...
Tax advisor reviewing law firm financial reports to help a small law firm owner plan ahead before tax season

Tax Preparer vs Tax Advisor for Law Firms

The Big Picture Many small law firm owners think tax work starts when the return is...