When a Lawyer Becomes Personally Liable for a Client’s Unpaid Taxes: The Neuberger Case
A Baltimore attorney now owes up to $3.3 million out of his own pocket. This is not his debt; it’s […]
Accounting
A New Jersey Attorney’s Duty to Safeguard Client Funds
An ethics audit letter from the Office of Attorney Ethics gives a New Jersey lawyer exactly ten days’ notice. For
How Accurate Bookkeeping Drives Law Firm Profitability
Most managing partners can tell you their firm billed a good year. Fewer can tell you, with confidence, which practice
Bookkeeping for High-Volume Flat-Fee Real Estate Closings: Where Trust Accounting Breaks Down at Scale
A firm running 20 flat-fee closings a month can get by with less. A once-a-month reconciliation and a shared spreadsheet
10 Trust Accounting Mistakes New Jersey Attorneys Make (And How to Avoid Them)
Most New Jersey attorneys who receive a deficiency letter from the Office of Attorney Ethics aren’t dishonest; they’re just behind
Financial Preparation for a Parent’s Death
There’s a moment, maybe it’s watching your parent struggle with stairs, or hearing them mention a doctor’s visit, when it
Bookkeeping for Small Businesses in New Jersey: Essential Guide to Financial Success
Effective bookkeeping is the backbone of every successful small business in New Jersey. Without organized financial records, business owners struggle
10 Common Bank Reconciliation Mistakes and How to Avoid Them
Bank reconciliation mistakes can cost your organization time, money, and accuracy in financial reporting. From overlooking outstanding checks to mishandling
A Primer about Interest on Lawyers’ Trust Accounts (IOLTA)
Interest on Lawyers’ Trust Accounts (IOLTA) are specialized trust accounts that safeguard client funds while generating interest for legal aid
7 Common Bookkeeping Mistakes and How to Avoid Them
Bookkeeping is the backbone of financial success for any business, yet it’s an area where many small business owners struggle.