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For law firms, the correct handling of client funds is not only a best practice but a crucial ethical obligation. This article delves...

Navigating the complexities of tax season can be daunting for any business owner. Understanding the intricacies of filing for an...

In the construction industry, mastering revenue recognition is not just a compliance issue; it’s a vital tool for financial success. The...

When it comes to Work in Progress (WIP) bookkeeping, contractors and construction business owners often find themselves at a crossroads:...

In the highly competitive field of construction, it is vital to have a firm grasp on all aspects of project management. And mastering...

Work in Progress (WIP) refers to tasks or projects that are still in progress. Accurate work-in-progress reporting is very important,...

Delve into job costing essentials. Understand direct and indirect costs, their significance for contractors, the modern tools available,...

In today's online world, construction companies need specific software. They want accuracy and speed, which is why many choose Sage 100...

Discover the key differences between operating retainer and trust retainer for attorneys. Learn which one suits your needs with our complete

Find out if your law firm is eligible for an IOLTA account and how it can benefit your practice. Learn the requirements and criteria in this

TABLE OF CONTENT What is Law Firm bookkeeping, and How Can It Help You During Tax Season? Tips & Tricks For Managing Your Law Firm’s Finances During Tax Season What Are The Most Common Tax Deductions For Lawyers? How To Make Sure You’re Following the Correct Rules & Regulations What is Law Firm bookkeeping, and How Can It Help You During Tax Season? Law firm bookkeeping is keeping accurate financial records for a law firm. It is crucial to managing the firm's financial he

The accounting cycle is a must-know process for any business owner if he wants the business to prosper. Learn more by following 6 steps