Law Firm Accounting Service

Your industry uniquely deals with an aspect of payroll that we assist with: flexible year-end bonuses. Law firms often ask for same-day bonus checks on the last day of the year.

A good, reputable payroll service provider will also do these in an accurate and timely manner:

• Pay your employees
• Pay your payroll taxes
• Prepare your W-2s
• Handle all weekly, monthly, quarterly, and annual compliance with the state and federal government

Plus, if you've been facing those pesky IRS penalty notices, a payroll service will stop them.

Your industry uniquely deals with certain aspects of accounting that we assist with, such as:

• Handling IOLTA accounts (reconciling them and coding transactions so they aren’t prematurely counted as income)
• Spreading out salary pay to consider gaps in settlements
• Tracking of client costs for reimbursement

Chances are, you probably already outsource your accounting - to an annual tax accountant, that is. Outsourcing monthly accounting brings bookkeeping and tax filing together, but it also includes:

• Year-round tax strategy to minimize what you owe in taxes
• Monthly financial statements to guide you
• Monthly bank and credit card reconciliation 
• Monthly meetings with your accountant to get personalized advice
• Unlimited contact with your accountant at no extra cost
• Sales tax returns filed on time and accurately

Yes! Law firms make up a decent portion of our client base. We are open to working with all fields of law, provided you meet the requirements to work with us.

No, this does not align with our business structure. Our monthly accounting fees include the cost to file annual taxes, and monthly accounting is made up of monthly bookkeeping, financial statements, and advice.

You operate in a unique industry that centers around the importance of asking questions. Your accountant can be reached by call, text, or email and will respond promptly at no extra fee. This remains true for most one-off questions! However, as communication ventures into professional consultation project territory, we will need to prepare a contract outlining what we will cover and what it will cost you. You won’t face any surprise fees here.