by Angela Roberts | Jul 24, 2024
Main Accounting Services’ mission is to empower law firm owners to understand their finances – and provide the peace of mind that comes with having professional partners to assist with accounting functions. One of the keys to managing your firm’s finances is to become...
by Angela Roberts | Jun 24, 2024
Trust accounting, in theory, is relatively simple. All law firms who receive funds from a client for a refundable retainer or settlement should be properly classifying and reconciling the trust balances with a systematized trust accounting procedure. However, if the...
by Angela Roberts | May 22, 2024
Does your law practice pay for services provided by someone who is not an employee? If so, you need to issue a 1099 form to the Internal Revenue Service. Simply put, a 1099 (also called an information return) is a form that documents payments made to non-employee...
by Angela Roberts | Apr 29, 2024
Small business owners often start out with limited resources and take on many of the day-to-day responsibilities. If you find yourself handling everything from accounting, marketing, human resources, and IT to growth planning and team building, you’re not alone. As...
by Angela Roberts | Mar 25, 2024
Tax rules change frequently, and it goes without saying that there are a myriad of regulations governing an extensive array of business deductions. We are touching on a few key categories and highlighting a handful of changes for 2024. However, it is essential that...
