Is It Time for Your Law Firm to Seek Help with Tax & Accounting? (1)

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Is It Time for Your Law Firm to Seek Help with
Tax Accounting?
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• When youre an attorney with your own firm, you
  must advocate for your clients while managing
  your own team and taking care of your finances
  it can be a huge burden and often, that burden
  can be difficult to shoulder.
• While it can be helpful to have a basic
  understanding of financial statements and your
  tax liabilities and some software can help
  outsourcing to a professional tax and accounting
  firm typically gives greater, more effective help
  to attorneys with their own law firms.
• If youre struggling to cope with your tax and
  accounting commitments as the owner of a busy law
  firm, here are some reasons why outsourcing your
  tax and accounting requirements could be
  beneficial

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• You can save time
• Bookkeeping, accounting and taxes can take up a
  lot of your time as the owner of a busy law firm,
  but by outsourcing many of your requirements, you
  can stay on top of your workload, relieve a lot
  of pressure and keep your clients content.
• Your books will be up to date
• Having an accurate picture of your finances
  simply isnt possible without being able to stay
  on top of your bookkeeping, and when you struggle
  with this as a busy law firm owner, it can
  relieve a huge burden to outsource some of your
  bookkeeping requirements.

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• Lower your tax liability
• With a professional taking care of your expenses,
  you can find useful ones that you can use at tax
  time to lower your liability.
• Could your law firm benefit from hiring an
  outsourced CPA?
• CPAs can provide you with an in-depth analysis of
  your firms books, and can help you get a better
  grip on your accounting and tax commitments. A
  reputable outsourced CPA will be able to help you
  choose a loan type and size that will work best
  for you, plan for the future by understanding
  your tax responsibility and firms market value,
  and invest your money with confidence. If your
  business taxes are overwhelming you, a CPA can
  also help you prepare and submit your taxes with
  ease.

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• Ultimately, taking control of your finances as
  the owner of a law firm by outsourcing your tax
  and accounting needs to an outsourced service
  provider, can help you better serve your clients,
  and stay on the right side of the IRS. Attempting
  to manage your huge workload alone may seem
  heroic and commendable, but if your business
  starts to suffer and your clients are becoming
  increasingly dissatisfied, you wont be a hero,
  youll simply be the owner of an unsuccessful law
  firm thats leaking money left right and center.

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• At Heyer Associates, we proactively assist our
  individual and small business clients in meeting
  their goals. Our key area of focus is ensuring
  that our clients remain compliant with federal
  and state tax laws by providing them with high
  quality accounting and tax services coral gables.
  If you are looking for individual Accountant in
  coral gables, Heyer Associates would be a right
  option.