Who We Help › Professional & Service Businesses
Who We HelpBookkeeping for Law Firms
& Legal Practices
Law firm bookkeeping has strict trust accounting requirements, retainer revenue recognition rules, and the specific compliance obligations of legal practice that require a specialist bookkeeper.
Book a Free ConsultationNo obligation · 30-minute call · Federally authorized Enrolled Agent
The Specific Challenges We Solve
IOLTA Trust Account Reconciliation
Client funds held in trust must be tracked separately from operating funds and never commingled — Florida Bar rules are strict on this. We set up and maintain trust accounting procedures that keep you compliant and protected.
Retainer Fee Revenue Recognition
Retainer fees are not income when received — they become income as work is performed and billed. We recognize revenue correctly so your financials and your professional obligations stay aligned.
Partner and Associate Compensation
Law firm partners typically receive K-1 distributions rather than W-2 wages. We handle the tax treatment correctly, including quarterly estimated payments for partners and coordination between the firm return and personal returns.
A Bookkeeper Who's Also a Federally authorized Enrolled Agent
Most bookkeepers categorize transactions and hand you a report. Simple Books Now does that — and our Licensed EA can also represent you before the IRS, file your business and personal tax returns, and advise on tax strategy year-round. One firm. No referrals. No gaps.
Ready to Get Your Books in Order?
Book a free 30-minute consultation. She knows the numbers for your type of business and will give you a clear picture of what we can do.
Book a Free ConsultationNo obligation · Flat monthly rates · Federally authorized Enrolled Agent