The sudden shutdown of Bench Accounting has left many law firm owners seeking alternative bookkeeping services to maintain their financial records and ensure compliance.

This article provides guidance on navigating the transition from Bench Accounting, emphasizing the importance of selecting a reliable online bookkeeping service that offers comprehensive financial reports tailored to the legal industry.

We discuss key considerations for law firms, such as the need for accurate record-keeping, timely financial reporting, and adherence to accounting rules specific to legal practices.

By choosing the right bookkeeping service, law firms can maintain financial stability, ensure compliance with state bars, and focus on delivering quality legal services to their clients.

Taxes are as complex, tedious, and ever-changing as you think they are. Be intimidated, it’s valid. That’s why it’s important you understand how to leverage your tax professional’s skill set to manage this part of your business. Navigating the complexities of tax preparation can leave you feeling lost, especially for law firms aiming for sustained profitability and cash flow. How does it all work together and what is this tax strategy thing? How does it tie into my profits and what is cash flow?

We’re here to help you understand just all of it!