Watch your bottom line improve by efficiently managing and reducing business expenses. Master and minimize your expenses with these six tips.
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Mid-year is the perfect time to review your business performance and adjust your goals. Discover how to make the most of the next 6 months with these seven tips.
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Discover essential accounting tips to keep your finances in top shape, from mastering tax obligations to ensuring smooth cash flow. Make this quarter the best one yet!
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A business succession plan can equip you and your familial firm with longevity and the assurance that future ownership is established in case of the unexpected.
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For business owners, it's vital to have a pulse on the vitality of your enterprise. Ensuring your business's well-being is key to its sustained prosperity.
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The Organisation for Economic Cooperation and Development (OECD) is working with 140 countries on a framework designed to level the playing field. Click through for a view of what taxes may look like in the future.
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The Corporate Transparency Act (CTA) mandates that millions of entities report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN), including all new entities formed in 2024 and beyond.
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In the competitive landscape of the legal industry, law firms need to focus their efforts on delivering exceptional legal services to their clients. However, managing the financial aspects of the firm can often be a time-consuming and complex task. This is where outsourced accounting services come into play.
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In today's fast-paced and competitive legal environment, law firms are increasingly looking for ways to streamline operations and maximize profitability. One area that has been gaining traction is the outsourcing of accounting functions.
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As a mid-sized law firm, maintaining effective accounting practices can help you manage cash flow, track expenses, and make informed business decisions.
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Regardless of the size of your law firm, it’s important to know accounting and bookkeeping basics. Here are some tips and best practices for accurate and efficient accounting.
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Figuring out just how much in damages a particular incident caused can be one of the most technical tasks in a court case. Click through to learn how a CPA can help calculate a dollar amount when a difficult situation leads to a loss.
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Have you considered what will happen to your law firm if you elect to become part of a merger? This may happen for several reasons throughout your career, so it’s best to be prepared.
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How can your law firm’s CPA assist in the arbitration process? Here are four ways your licensed CPA can assist your case.
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Are you familiar with cash balance pension plans? This hybrid account takes cues from both 401(k) and defined benefit pension plans. Click through to learn more about this option for your law firm.
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Determining whether your law firm is on the right track may be more complicated than it sounds. Click through for some insights into the reports law firms need to review to ensure that they're profitable.
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You're busy running your law firm, but don't forget that you have to take care of the back office as well. And that includes taxes. Click through for an introduction to partnership taxation rules, and some practical help in tax management.
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There's a lot to think about before taking your company public. Don't consider going public unless all or most of the following are true.
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Business expenses are the cost of carrying on a trade or business. Sometimes, the IRS gives you a tax break for your expenses. Here’s an introduction to the complex world of business tax deductions.
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Your firm’s financial health is as important as the quality legal work that you provide. You may not be a financial genius, but that’s okay. Learn how a virtual CFO can help shoulder that burden.
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