Category: Uncategorized

Start year-end early. This checklist covers reconciliations, trust account cleanup, 1099s, payroll, and the documents your CPA will need to prepare your law firm’s taxes.

The bank balance doesn’t tell the whole story. These are the monthly financial reports every small law firm should review to understand profitability, collections, cash flow, and trust compliance.

Uncashed checks, leftover retainers, and unidentified deposits can’t stay in trust forever, and they can’t be moved to operating. Here is how law firms should handle unclaimed trust funds.

Personal injury and contingency-fee firms face unique bookkeeping challenges, from tracking advanced case costs to disbursing settlements correctly. Here is what these firms need to get right.

The best preparation for a Florida Bar trust account review is good monthly trust accounting. Learn what records to keep, what reviewers look for, and how to get your books ready.

Credit card payments can create trust accounting problems when processing fees or chargebacks hit the trust account. Here is how law firms can accept cards without putting client funds at risk.

Retainers and advance fees are a common source of trust accounting errors. Learn where retainer money belongs, when it can move to operating, and how to keep clean records.

Payroll at a law firm involves more than paying staff on time. Attorney compensation, bonuses, owner draws, contractors, and payroll taxes all need to be handled correctly. Here is what small firms need to know.