Accounting is important for any type of business but is vital in a law firm. It is critical to the success of your firm. As an owner you...

Bookkeeping doesn’t have to be rocket science! It can seem overwhelming, but I have come up with 10 tips to help in your bookkeeping. #1...

Accounting terms may sound like German to most law firm owners and bookkeeping professionals may be using several key terms without...

Budgeting may be an important step you have been missing to help manage your cash flow. Cash flow can make or break your business. Many...

If you haven’t completed your taxes for 2019, you are not alone. This week we walk through the documents you may need to compile to...

In March of 2020, the Treasury Department and Internal Revenue Service reported that the federal income tax filing due date will be...

We have gone over the monthly and quarterly bookkeeping tasks and next up is the yearly bookkeeping tasks required to effectively manage...

We have gone over the monthly bookkeeping tasks and next up is the quarterly bookkeeping tasks required to effectively manage your...

Bookkeeping is a part of every small business. Whether you have a bookkeeper, an accountant, or you are doing it yourself. There are many...

As your business grows and you begin to hire employees to help in your business, payroll will become essential in your business. This is...

Many small business owners understand that you cannot commingle your business and personal assets however some business owners are...

For many business owners, the word taxes can cause fear or anxiety. Taxes don’t have to be scary if you plan and budget for them...

There are 2 different accounting methods for used for businesses, the cash method and the accrual method. For some businesses you can...

Every organization has an accountant and only some have a bookkeeper. These two titles are often used interchangeably. There seems to be...

Last week we discussed the Financial Success Roadmap which is also known as a budget. The last step in the financial success roadmap is...

Bookkeeping is important and essential for your business. Here are 5 benefits.

The financial success roadmap is also known as budgeting. I don’t like to call it budgeting as it seems to get a bad rap and most...

Invoicing is a large part of law firms and comes with many challenges however effective billing is important to the success of any firm.

The financial statements, the balance sheet, the income statement, and the statement of cash flows are all related.

The statement of cash flows reports how cash was generated and used during a specific period.