Hey Attorneys!
Did You Know That There Are
7 Financial Mistakes Law Firm Owners
Make That Put Their Licenses at Risk?
And Making Just ONE Of These Mistakes Could Kill
Your Cash Flow & Sink Your Practice For Good...
T. Jayden Doye, CPA
Law Firm Tax and
Accounting Advisor
From The Desk Of
T. Jayden Doye, CPA
Atlanta, Georgia
Dear Law Firm Owner,
Would you agree with me if I said that business has become increasingly tough for law firms like yours over the past few years?
I'm sure you've felt the pressure...
On top of massive student loan debt that takes decades to pay off, you have to deal with complex trust accounts that have to be kept accurate and up-to-date if you don’t want to lose your license…
As well as managing dozens of routine admin tasks every day that eat into your billable hours and put a ceiling on your income.
In fact, Clio's 2019 Legal Trends Report found that the average lawyer in the United States does only 2.5 hours of billable work each day. Isn’t that crazy?
As a CPA who's spent the last 4 years working with law firms across the US, I understand the unique challenges you face while running your business…
The truth is, most CPAs and accountants are generalists who serve a wide range of clients in all kinds of different industries.
That means they don’t have the time to develop the skills and expertise needed to understand the unique challenges you face as a law firm owner.
As a CPA who specializes in serving attorneys, I know that owning and operating a law firm is very different from running any other kind of business...
In fact, I've discovered that there are 7 financial mistakes that attorneys make when running their businesses.
The problem I run into all the time is that most of the law firm owners I talk to don't have any idea that they have one (or more) of these business-killing problems...
And that's why I decided to write my latest book…
Don't Get Disbarred
7 Financial Mistakes Attorneys Make That Put Their Licenses At Risk
Download Your Free Copy Of My Book To See If You're
Making 1 Of These Business-Killing Mistakes
Here's what you'll discover inside:
- How to understand what's actually going on in your business at any time in less than 5 minutes by reading your company's financial statements.
- How to save 5 figures in Social Security and Medicare taxes every year by optimizing your business entity structure.
- The little-known trust account structure that will prevent you from accidentally commingling funds and protect you the next time you’re audited.
- How to set up profit-focused financial systems so you can grow your business while also being able to pay yourself the salary you want and deserve.
- How to pay your staff and help, including knowing who to pay as a W-2 employee and who to pay as a 1099 contractor (misclassifying employees can cost $$$ in tax penalties!).
- How you can pay each of your children up to $12,000 per year tax-free under the new income tax law.
- The 9 types of financial records attorneys are required to keep (and how to securely store these files so you don’t fall victim to a cyber-attack).
- How to separate your personal finances from your business finances so you can protect your personal assets if things ever go south.
- How much you should pay yourself in salary and profit distributions in order to optimize your cash flow and have a dependable source of income from your business.
- How to plan for your financial future so you know you’ll be protected when the economy inevitably takes a hit.
- And much, much more!
Now Is The Time To Take Control
Of Your Finances And Your Future!
Download Your Free Copy Of My Book Today...
Don't Get Disbarred
7 Financial Mistakes Attorneys Make That Put Their Licenses At Risk
I want to make sure you download your free copy of this book because it will show you 7 strategies to maximize profits, minimize your tax liability, and win back your time.
So just click the green button above, enter your name and email address, and you'll get your free pdf copy of the book in your inbox within minutes. :)
Talk soon,
T. Jayden Doye, CPA