Austin Accountants & CPA Advisor

 Austin Law Firm Accounting

Austin, Texas law firm accounting consultants provide tax and financial advisory services focused on the legal industry. They serve law firms, individual attorneys, and other related professionals.

Law firm accountants provide individualized services that help address industry specific challenges, industry standard tax practices, and regulatory compliance issues. This type of specialist accountant is required to have a deep knowledge of legal accounting and experience with financial management.

Law firm accounting consultants provide a wide range of services that include:

• Tax consulting for individual taxation, corporate taxation, taxation for partnerships, and multi-state taxation
• Litigation support to provide assistance for existing or pending litigation through the interpretation of financial records and the presentation of information suitable for an attorney’s use
• Strategic tax planning
• Divorce financial analysis and process consultation
• Accounting and bookkeeping
• Payroll and payroll reporting
• Management consulting services and software system support for  maintaining and reconciling retainer accounts

Law firm accounting consultants have extensive experience working with legal firms across a wide range of practice areas. A few of these areas include tax law, real estate law, labor and employee law, personal injury law, trusts and estate law, and family law.

The expert services provided by a law firm accounting specialist helps to ensure that law firms have ample time to focus on what they are best at – providing legal services to their clients, leaving the financial details to the accounting professionals who know “the numbers” best.