Trust Accounts/Flat Fees like Oil/Water | The Deduction #018
Happy Sunday! Today I wanted to talk about a problem I see all the time that is a perfect example of where accounting and law firm business success intersect. Flat fees and trust accounts. I’ve seen law firm owners with
Good/Bad/Ugly of New Tax Bill… | The Deduction #017
Happy Sunday! If you haven’t heard, right now Congress is considering a new tax bill with HUGE potential for you as a law firm owner. The bill, called the “One Big Beautiful Bill” – would you expect anything else –
Everyone’s Chasing AI when They Should be Chasing This… | The Deduction #016
If you’ve scrolled LinkedIn lately, it looks like every law firm is trying to sprinkle AI magic dust on their practice. Contract review bots. AI-powered intake. Predictive litigation analytics. It’s all shiny and exciting… until tax season hits and you
The IRS Got a $30k Tip… | The Deduction #015
Last week, a new client came to me with a decent-sized firm, a profitable year, and absolutely no tax strategy. She’d been paying estimates, deducting what she could remember, and praying her CPA “caught everything.” (Spoiler: they didn’t.) She overpaid