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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Without a positive cash flow, firms dip into credit lines and pay interest on the money they need to keep their doors open. Eventually, the firm sinks deeper and deeper into debt. The solution is not necessarily putting the brakes on growth; the solution is actively managing cash flow. Here’s how.
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If your firm is thinking about a merger or acquisition, you need to consider multiple aspects of this process. Even if you’re not ready, just yet. Click through for some important tips.
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The Tax Cut and Jobs Act of 2017 affected law firms like many other businesses. Here are some special tax tips to better understand the rules that affect you.
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