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Industry Focus

Professional Services

Streamlining finances for agencies, firms, and consultants.

Overview

For agencies and firms, time is money. We handle the rigorous back-office accounting so you can focus on billable hours and client service.

Core Capabilities

Cash vs. Accrual Reporting

We manage your books on both bases, giving you tax efficiency (Cash) and management insight (Accrual).

Trust & Retainer Reconciliation

We ensure strict compliance with trust accounting rules for lawyers and other professionals.

Payroll & Benefits Recording

We accurately record payroll and benefit costs, often the largest expense for service firms.

Monthly Financial Close

We close your books promptly each month so you have up-to-date data for decision making.

Strategic Value

Partner K-1 Preparation

We handle the complex allocation of income and expenses to partners for accurate K-1 reporting.

Quarterly Tax Estimates

We project partner tax liabilities throughout the year to prevent surprises at tax time.

Cash Flow Oversight

We monitor your firm’s cash inflows and outflows, providing the clarity you need to manage overhead and plan for consistent growth.

Expense Management

We analyze overhead and administrative costs to help you maintain healthy profit margins.

Common Questions

Frequently Asked Questions

Cash vs Accrual?

We help you understand the difference and choose the right method for your tax strategy and operational needs.

Do you handle partner compensation?

Yes. We manage guaranteed payments, distributions, and K-1 preparation for all partners.

Ready to focus on your clients?

Let's discuss how we can handle the accounting so you can grow your firm.

Schedule a Consultation