Accounting and Financial Planning Tips for Law Firm Owners
Discover essential financial guidance specifically crafted for law firms to propel their success.
A Practical Guide to Working with a Tax Preparer: Strategies for Success
Taxes are as complex, tedious, and ever-changing as you think they are. Be intimidated, it’s valid. That’s why it’s important you understand how to leverage your tax professional’s skill set to manage this part of your business. Navigating the complexities of tax preparation can leave you feeling lost, especially for law firms aiming for sustained profitability and cash flow. How does it all work together and what is this tax strategy thing? How does it tie into my profits and what is cash flow?
We’re here to help you understand just all of it!
Why 80% of Law Firms Overpay in Quarterly Estimated Tax Payments
Master the complexities of Estimated Quarterly Tax Payments with Core Solutions Group's expert guidance for law firms. Explore our strategic approach to quarterly tax payments, utilizing IRS Form 1040-ES and optimizing Federal and State income tax obligations. Learn how to leverage tax vouchers effectively, calculate precise tax liability, and identify deductions and credits tailored to the legal industry. Avoid underpayment penalties with our specialized financial services, offering accurate financials and strategic collaboration with tax professionals.
Uncover the benefits of partnering with Core Solutions Group as the bridge between you and your tax preparer, ensuring seamless compliance and preventing late payment penalties.
Stay ahead of Q4 tax deadlines and take control of your law firm's finances with our comprehensive insights into estimated tax payments.
The Overlooked Golden Nuggets of 2020
COVID was an unexpected jolt to everyone around the world. It’s been a year of realizations, heightened social awareness, a massive shift in the education system, and a universal pause that begs for reflection. It has shown us that change is inevitable, and complacency can hurt. Try to deny or fight those two truths, and you’re going to be left behind.
Mind Over Crisis in the Era of COVID-19
The recent crisis known as COVID-19 has shaken the lives of people all over the world. At this point, there is no “normal” to go back to.
Hire a Bookkeeper vs. Outsource Your Accounting: The Pros & Cons
If you’re growing and scaling, you’ve either already considered this question or you’re starting to ask yourself this question.
Three CFO Practices You Can Start Today
There are some things you should not cheap out on, your money is one of them.
Hope is Not a Strategy
If your firm is not moving in the direction you want, it may be because you’re hoping for success instead of planning for it.
5 Areas of Your Firm to Evaluate Before Year End
If you slacked in the goal setting area this year it’s alright, it’s not too late to gain some insight about how your firm performed in 2018.