Most attorneys have heard of Lawpay but have you heard of Gravity Legal? I hadn’t until just a couple of months ago even though they have been around for a decade! They are a credit card and ACH payment processor that focuses on law firms. They understand trust accounting and how fees cannot be taken … Read more
The Digital Bookkeeper Association recently started with the purpose of elevating bookkeepers. DBA.org explains that “The 21st Century Bookkeeper does more than crunch numbers; they are advocates and advisors for their clients. A beacon of hope for financial prosperity.” Their goal is to get 25,000 Certified Digital Bookkeepers (CDB) by 2025. “A CDB has distinguished … Read more
An audit is without a doubt the most dreaded outcome of the tax filing process, and the situation carries with it some unsettling mystery. The standard nightmare has IRS agents with badges and briefcases showing up on your doorstep. Another vision shows you being thrown in the poorhouse because of unpaid taxes or thrown in … Read more
From reconciling your accounts to creating employees’ W-2 forms, QuickBooks is a user friendly solution to most, if not all, business accounting needs. If you’re looking for small business accounting software, QuickBooks is one of the best options available. To learn a bit more about QuickBooks, below are 10 commonly asked questions about the software … Read more
When a bookkeeper has been in business for a few years, she will start to see trends in her clients’ records. One of the big trends is how much is spent on fees of all types. Many of these fees are very high, and account for a large portion of the overall spending. Legal office … Read more
Why use Retainers? As an attorney, you deserve to be paid for your knowledge, time, and reputation. The best way to ensure a great attorney-client relationship is to collect retainers at the beginning of any engagement that involves court appearances or ongoing work. Many businesses are not run this way, but the legal field is … Read more
Legal Ease Bookkeeping is pleased to announce that our company has been added to the preferred vendor list of the fast growing, very popular How to Manage a Small Law Firm group. HTM works with attorneys as their CEO/assistant/community to help them quickly grow their law firm and answers any pertinent questions they may have … Read more
Once an attorney successfully begins a practice, she will want to set up payroll for herself and any staff or partners she brings on. Many times the process can seem daunting, but if a few steps are taken to do things correctly, payroll does not have to be difficult. Step 1 – Collect employee information … Read more
Attorneys usually receive a large retainer before beginning a legal case. The money is required up-front to ensure that their hard work will be paid for and that the client won’t have to scramble to meet payment deadlines along the way. The retainer funds do not belong to the attorney. They must be placed into … Read more
Attorneys run complex businesses, with varying financial records that can boggle the minds of other business folk. The IRS knows that these businesses are difficult to manage, keep track of, and file taxes accurately on a consistent basis. For several years, it seemed to be the goal of the government to actually target attorneys for … Read more