Questions discussed in this episode: Issues with leasehold improvement asset classification Who needs to issue a 1099, when can I expect to receive one? International taxation issues Tax issues international students face

Questions discussed in this episode: Scam IRS calls Issues with assets and depreciation Filing status and appropriate withholding levels Business management, expenses and overhead Look out for business networking opportunities

Questions discussed in this episode: Various tax strategies, and keeping more of the money you earned Reasonable and customary business expenses How account systems work together Education expenses and 529 plans More tax notice questions Happy Chinese New Year!

Questions discussed in this episode: Do I need an accounting software, or using an excel file good enough? Subcontractors vs. Employees: why is workers comp involved? US tax issues when selling a house or property located in a different country Hiring your first employee Tax questions when selling your primary residence…

Questions discussed in this episode: 529 Plan question; employee tuition reimbusement LLC taxation question. What is an S-Corp Does it make sense to put assets into a trust? How to find a good lawyer? What are the risks? What to do if a client uses questionable bookkeeping practices? Property value question; Accounting for rental income and expense…

Answering your business, tax & accounting related questions live on Thursday afternoons. Leave your question under the Comments! http://LawBusinessPodcast.com http://ConciergeCPAs.com Questions discussed in this episode: Bookkeeping and best practices Relying on tax advice found on random websites 1099s received that contain mistakes or wrong infor…

Build a law firm that serves you! Freedom to pursue what inspires you and makes you happy! Profits to accomplish the things you want! Peace of mind, so that you don’t stay up at night worrying about the future of your law firm. Joy and fulfillment of serving clients that you enjoy working with. Balance. Remember, your firm needs to serve YOU, and n…

This week we had the pleasure of interviewing Rochelle Friedman Walk Esq. She is the president and owner of the successful Walk Law Firm, PA in Tampa, Florida. Rochelle started her career at a major Cleveland law firm and then moved on to become in-house attorney for large corporations. As general counsel she helped companies reorganize, turn aroun…

Kristin represents clients in the area of civil litigation and business law, estates, and family law. What sets her apart from her competitors is that she strives to create a safe space for her clients and connect with them on a personal level. Because clients tend to cross personal boundaries, maintaining a healthy distance while showing empathy i…

I wanted to take a minute to wish you and your beloved ones a Merry Christmas, Happy Hanukkah and a Happy New Year! I wanted to leave you with three short tips for 2017: 1. Choose yourself - give yourself permission to be successful 2. Surround yourself with people who inspire you 3. Prioritize your daily activities and focus on the ones that lead …

Build a law firm that serves you! • Freedom to pursue what inspires you and makes you happy! • Profits to accomplish the things you want! • Peace of mind, so that you don’t stay up at night worrying about the future of your law firm. • Joy and fulfillment of serving clients that you enjoy working with. • Balance. Remember, your firm needs to serve …

Where the Rubber Meets the Road How to be the "Chief Ecosystem Officer" of your law business. 1.Understand that you’re an Entrepreneur Selling Legal Services – Mindset Shift From What You Learned in Law School2.Recognize That as a CEO Your Job is Multi-Fold:•Vision & Strategy (Choose a niche and define what differentiates you from other firms.)•Rai…

We welcome Dana C Palmer, Esq. back on the Law Business Podcast.To listen to our previous interview with him, please check out episode 012.The reason we called Dana back the show is because recently he took six (yes, 6!) weeks off of work with emergency access only, and while he was away, his law firm continued to function normally.We were curious …

Consumers now use an average of 10.4 resources before making a buying decision. Pre-shopping is occurring more and more frequently, and this is true in the legal industry. If you want to be found online, you need to be visible. Inbound marketing is a methodology where you attract potential clients to your business with blogs, white papers and socia…

This week we welcome Chris Hildebrand, Esq. of Hildebrand Law, PC and President of the Local Lawyer Guide and Tighe Wilhelmy, VP of Operations & Business Development of Local Lawyer Guide. Chris’s law firm is a Scottsdale, Arizona divorce, family law and estate planning firm. He and the attorneys working for him created a client-focused practice bu…

Today’s question is: Is tax planning more than knowing how much quarterly estimates I have to pay?We received this question from a small law firm owner, who was a fellow attendee of a Rainmaker Retreat with Stephen Fairley and the Rainmaker Institute. We talk a lot about proactive and strategic tax planning here at Better Numbers for Lawyers, so th…

Are tax problems holding you back?Welcome to this episode of the Law Business Podcast. I’m your host Borbala Banto in the studio with Laz.So Laz, what is today’s question?Today’s question is: I started my law firm five years ago, but I haven’t filed any business tax returns. How do I resolve this issue so I can move forward?Thank you for trusting u…

In the past only larger firms could afford to open multiple offices. Why more and more small law firms take the risk and open a second office?The main reason behind opening a second office is to increase the market size.The cost of opening a second office is much lower than it used to be for two main reasons: Technology and dynamic office arrangeme…

When you support your community, in return your community will support your business.Jorge Luis Pla is one of the two founding partners of RaslanPla & Company, LLC in Cleveland, OH. His firm has earned the reputation of being skilled negotiators and tenacious advocates of their clients’ rights.Jorge believes in the importance of education, hard wor…

What does a law firm and a rock band have in common?This might sound like the beginning of a nerdy joke, but this time it is the beginning of a success story.Besides running a successful law firm, John is the lead singer and bass player of a blues rock band called BayStreet. A few years ago John decided to let his personality come through his busin…

Tony Robbins once said that “It's not what we do once in a while that shapes our lives. It's what we do consistently.”James Whalen is a federal criminal defense attorney who truly believes in the power of consistency in managing and building his boutique law firm. Creating productive policies and consistently applying them played a major role in tr…

Dana C Palmer is the founder and CEO of Dana Palmer Law Group P.L.L.C.. He and his firm focus exclusively on helping people get a Soft Divorce® – because divorce doesn’t have to be so hard®.Dana has built his business on the foundation of focusing on problem resolution and customer satisfaction. His firm does not have billing requirements, but cust…

Cristin is a family law attorney in the San Francisco Bay Area. She built a successful law business around her core philosophy of helping people. The help she is passionate about providing is not limited to only giving the best possible representation in court, but also helping clients become fulfilled and successful in their new lives after divorc…

Tim is a white collar criminal defense attorney in New Jersey. He is the guy you call when the IRS or FBI comes knocking on your door at 6 in the morning, because he can make them go away…After moving from Minnesota to New Jersey about 5 years ago, Tim practically rebuilt his business from the ground up. In this interview he shares the story of tra…

In the previous episode of the Law Business Podcast, Abid shard with us why he decided to leave his marketing and web development positions at technology companies, and start his own law business.In this episode, we continue to talk about managing many aspects of running a law business, including leveraging technology to keep overhead low, finances…

Before practicing as an attorney, Abid held marketing and web development positions at technology and software companies, including small startups and giants such as Texas Instruments.Even though the culture in high-tech companies is motivating and energizing, the big corporate structure also comes with many dysfunctions. Abid didn’t want to be so …

In this episode of the Law Business Podcast, Craige Thompson continues to share with us the things that set him apart from his competition. Part of his success comes from his unique way of approaching potential clients. Going into sales calls with a giving and helping mindset allows him to connect on a personal level, and this often positively surp…

Before going to law school and becoming an IP lawyer, Craige was an electrical engineer with 10 years of experience designing products. But he grew up being around a small family business, so the seeds of entrepreneurship were sown early on. Shortly after testing the waters and working for somebody else, he opened his own boutique IP law firm, wher…

We continue our conversation with Lewis to find out what helps him be efficient with his time and how is he able to plan out this law firm’s growth 18 months into the future.We touch on the tough subject of key performance indicators: which numbers does Lewis look at and how frequently? Even if you’re profitable, cash flow management or the lack of…

In only 4 years Lewis Landerholm has built a close to 7-figure family law business in Portland, OR. How was he able to do that? Of course a background in sales and marketing before law school helped, but listen to the interview and find out how viewing sales differently and putting in place marketing and business processes made Lewis’ goals happen.…

Peter J. Goodman, Esq., owns The Goodman Law Firm with offices in Brooklyn, NY and Long Island. He specializes in real estate law, religious corporation law and personal injury law. Peter started out as a litigator, but found himself going back to transactional work because he enjoys problem solving and creating business solutions. Bringing in new …

Amber James, Esq is the founder and owner of New Beginnings Family Law in Huntsville, Alabama. Listen to this episode to hear what makes Amber successful as a business owner. Part of her success is the way she focuses on marketing by providing valuable content to her prospective clients through both traditional and video blogging. Find out what Amb…

Amber James, Esq is the founder and owner of New Beginnings Family Law in Huntsville, Alabama. Listen to this episode to find out what Amber did when her business started growing rapidly, but her business model wasn’t immediately scalable. She talks about the importance of work-life balance and what does she do to improve it. Finding great employee…