Law & Insurance Accounting

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 Because compliance, trust accounting, and financial clarity are not optional—they’re essential. 

Unlike traditional businesses, law and insurance practices carry a unique fiduciary duty to handle client money separately and precisely. For attorneys, a single mistake in trust accounting (IOLTA/escrow) can put your license at risk. For insurance agencies, compliance with premium trust funds, carrier audits, and commission reporting makes your books far more complex than a standard small business.

This is where specialized accounting makes all the difference.

• Trust & Escrow Accounting (Law Firms) – State bar rules require flawless handling of client retainers, settlements, and escrow funds.
   
• Premium Trust Accounting (Insurance Agencies) – Carrier audits demand accurate tracking of premium flows and trust balances.
   
• Month-End Close Pressure – Reconciling accounts, retaining compliance, and preparing financials takes time away from clients.
   
• Payroll Complexity – Attorneys, associates, producers, and support staff often follow different pay structures.
   
• Tax Exposure – Without planning, both firms and agencies overpay federal, state, and self-employment taxes.

We provide both a la carte solutions and all-in-one packages, depending on your needs.

• Full trust/IOLTA reconciliations.
   
• Tracking retainers, settlements, and case costs.
   
• Month-end close with compliance-ready reporting.
   
• IRS filing and audit defense.
   

• Premium trust account management and reconciliation.
   
• Carrier commission tracking and revenue recognition.
   
• General liability payroll audits support.
   
• Compliance-ready month-end and year-end close.
   

• Profitability analysis by case, practice area, or policy line.
   
• Budgeting, forecasting, and financial dashboards.
   
• Strategic guidance for growth, acquisitions, or exit planning.
   

• Payroll for partners, associates, producers, and staff.
   
• Handling complex structures: salary, commission, or hybrid pay.
   
• Compliance with overtime, benefits, and tax reporting.
   

• Proactive tax strategies to reduce liability.
   
• IRS, state, and local filings—accurate and timely.
   
• Representation and audit support when needed.

• A La Carte – Choose only the services you need: trust reconciliations, tax filing, or payroll.
   
• All-in-One Packages – Bundle bookkeeping, CFO, payroll, and tax planning into one seamless solution.
   
• Custom Plans – Scalable support designed to grow with your firm or agency.

• 100% Compliance – Zero tolerance for trust or escrow errors.
   
• Audit-Ready Books – Confidence in front of bar associations, carriers, and the IRS.
   
• Financial Strategy – Fractional CFO insight without hiring full-time staff.
   
• Time Savings – Focus on clients while we handle the numbers.
   
• Tax Efficiency – Keep more of what you earn through proactive planning.

Your work protects people’s rights, businesses, and futures. Our work protects your financial reputation. Whether you need a single service or a complete financial package, we ensure your accounting is accurate, compliant, and strategic.

Schedule your consultation today and see how our team can safeguard your practice’s financial health.