Helping lawyers manage and grow small law firms.
Not everything that seems like a business expense is tax deductible. Here are a few things that lawyers commonly assume they can deduct, but they cannot.
Debt forgiveness isn't the same as tax forgiveness. Here's how to avoid an unexpected student loan tax bomb.
President-Elect Trump has proposed sweeping changes to the tax code. Here are some ways in which those proposed changes could affect you.
Several things can affect your tax bill. Here are some things to keep in mind as you do your end-of-year tax planning.
As a lawyer, you often have to travel to serve your clients. Sitting around is simply not an option. Make sure to deduct those travel expenses for your next tax filing.
Deducting entertainment expenses is complicated to do. Nonetheless, if done right, you may be able to write off that bad date you recently went on.
Unfortunately, there is no full-proof way to prevent a tax audit. But unexpectedly preparing for and enduring an IRS audit is a major time suck and about as entertaining as watching paint dry.
Setting up a business entity can minimize your annual tax bill. Many successful solo attorneys operate their practice as a corporation or other separate entity. Here's how you will determine if that is right for you.
Last week, three Powerball ticket holders won the record $1.6 billion jackpot. Lottery winners are advised to hire an attorney to protect their money from scammers, opportunists and tax collectors. Here are some of the common issues that lottery winners and overnight millionaires will face. Ticket Disputes A large jackpot involving multiple people can lead […]