Esquire Accounting, A Enae Jackson-Atkins Consulting Incorporation

Trust accounting mistakes can lead to audits, penalties, or even disbarment. What would you do?? ? QUIZ TIME: You realize a client’s trust account balance is lower than it should be. What’s your next move?? ? A. Ignore it and fix it later ? (Big mistake!)? B. Replenish it from your business funds ? (Major violation!)? C. Identify the mistake, correct records & document it properly ? (The right move!)? ? ?? Messy books = big risks. Our "Just The Basics" Bookkeeping Service keeps your trust accounts compliant and audit-proof.? ? ?? Book a Digital Coffee today—Let’s fix your books before it’s too late!???? ? ?? https://lnkd.in/dRHbnFkG ? #EsquireAccounting #LawFirmFinance #TrustAccounting #LegalBookkeeping

With the economy tightening and tax season approaching, NOW is the time to clean up your books! Inaccurate records can cost you thousands in missed deductions and trigger IRS red flags.? ? ?? Tax Tip of the Week: Maximize Your Tax Savings with Clean Books!? ? ? Track EVERY deductible expense – Don’t let money slip through the cracks.? ? Keep business & personal finances separate – The IRS is watching.? ? Reconcile your accounts monthly – Avoid costly surprises at tax time.? ? ?? Messy books lead to overpaying in taxes, cash flow issues, and potential audits.? ? ?? Want to stay ahead? We’ve got the bookkeeping & tax strategies to help!? ? ?? Follow us for expert tax tips & financial strategies!????? ? #EsquireAccounting #TaxSavings #TaxSeason #LegalBookkeeping

?? Did you know? 29% of law firms don’t track their accounts receivable properly—leading to cash flow issues, late payments, and financial stress. (Source: Clio Legal Trends Report)? ? ?? With the economy tightening, can your firm afford to lose revenue?? ? If you’re not tracking invoices accurately and consistently, you could be:? ? Chasing payments instead of practicing law? ? Struggling to cover expenses due to unpredictable cash flow? ? Risking IRS trouble with incomplete financial records? ? ?? Let’s fix that before it’s too late! Cash flow is the lifeline of your firm. If your books are a mess, your business is at risk.? ? ?? Book a Digital Coffee with me today—Let’s get your law firm’s finances in order!???? ? ?? https://lnkd.in/dRHbnFkG ? #EsquireAccounting #LawFirmFinance #TrustAccounting #LegalBookkeeping

With rising costs and economic uncertainty hitting businesses hard, law firms can’t afford cash flow mistakes. If you’re not staying on top of your finances, you could be losing thousands without realizing it!? ? ?? 4 Ways to Keep Your Law Firm’s Cash Flow Strong:? ? Invoice clients promptly – Don’t let delayed payments hurt your revenue.? ? Follow up on unpaid invoices – Uncollected fees = money left on the table.? ? Track billable vs. non-billable hours – Every missed hour means lost income.? ? Set aside money for taxes – The IRS doesn’t care about your cash flow crisis.? ? ?? Ignoring these steps can lead to financial chaos, IRS trouble, and even firm closures. Don’t let that be you!? ? ?? Follow us for more financial tips & strategies! ????? ? #EsquireAccounting #LawFirmFinance #TrustAccounting #LegalBookkeeping

The economy is shifting, and law firms are feeling the pressure. Rising costs, changing tax laws, and cash flow struggles are making it harder to stay profitable. Are your books helping you stay ahead—or setting you up for disaster?? ? ?? Signs Your Law Firm’s Finances Are at Risk:? ? Trust account (IOLTA) not reconciled properly? Major compliance red flag!? ? Losing track of billable hours? That’s revenue slipping away.? ? No financial visibility? You’re making blind business decisions.? ? ?? Messy books = lost money. But there’s an easy fix!? ? Our "Just The Basics" Bookkeeping Service keeps your law firm’s finances in check so you can focus on practicing law—not crunching numbers.? ? ?? Accurate bookkeeping & IOLTA compliance? ?? Real-time financial insights to protect your cash flow? ?? Stress-free tax season—because everything is in order!? ? Don’t wait until an IRS audit or cash crisis forces you to act. Let’s get your books in shape NOW!? ? ?? Book a Digital Coffee with me today to learn more—Limited slots available!???? ? ?? https://lnkd.in/dRHbnFkG ? #EsquireAccounting #LawFirmFinance #TrustAccounting #LegalBookkeeping

?? Quiz Time: What Would You Do? ? ? Your firm accidentally used client trust funds to cover office expenses. Now what?? ? A. Reimburse the trust account immediately and document the correction ? (Correct! Transparency & proper record-keeping are key to staying compliant.)? ? B. Ignore it—no one will notice ? (Wrong! If the bar association audits you, this could cost you your license.)? ? C. Adjust the books to make it look like a business expense ? (Dangerous move—this is an ethics violation!)? ? ?? Mismanaging trust accounts can lead to major penalties or even disbarment. Don’t leave your firm’s financial future to chance!? ? ?? Book a Digital Coffee with Enae today & make sure your firm is IOLTA-compliant and financially sound! ?? ? ?? https://lnkd.in/dRHbnFkG ? #EsquireAccounting #LawFirmFinance #TrustAccounting #LegalBookkeeping

?? Law Firms: Is Your Trust Accounting Audit-Proof? ? ? One small trust accounting mistake could lead to serious ethics violations, penalties, or even disbarment. Don’t take that risk!? ? ?? Keep your IOLTA accounts audit-proof with these steps:? ? Reconcile trust accounts monthly (not just at year-end!)? ? Separate client funds from operating funds—NO exceptions!? ? Maintain detailed records for every deposit & withdrawal? ? ?? A trust account audit can happen at any time. Will you be ready?? ? ?? Follow us for more law firm financial tips & bookkeeping best practices!? ? #EsquireAccounting #LawFirmFinance #TrustAccounting #LegalBookkeeping

?? Did You Know? 60% of law firms don’t track their financial metrics properly—leading to cash flow nightmares, trust accounting mistakes, and IRS red flags. ??? (Source: Clio Legal Trends Report)? ? If you’re not reviewing your numbers regularly, you could be:? ? Missing hidden revenue leaks? ? Violating IOLTA compliance rules? ? Overpaying in taxes (or worse, inviting an audit)? ? ?? Don’t wait until it’s too late! Firm Financial 360 gives you a clear, customized financial blueprint to help your firm stay profitable, compliant, and stress-free.? ? ?? Book a Digital Coffee with Enae today & take control of your firm’s financial future! ?? ? ?? https://lnkd.in/dRHbnFkG ? #EsquireAccounting #LawFirmFinance #TrustAccounting #LegalBookkeeping

Most attorneys are so focused on serving clients that they overlook financial blind spots that could be costing them thousands. Ask yourself:? ? ?? Are you tracking billable vs. non-billable hours correctly?? ?? Are you charging clients the right rates for your services?? ?? Are you fully compliant with trust accounting (IOLTA) rules?? ? If you’re unsure, it’s time for a financial check-up! Don’t wait until an audit or cash flow crisis forces you to take action.? ? ?? Follow us for more law firm financial insights & expert bookkeeping tips! ? ? #EsquireAccounting #LawFirmFinance #TrustAccounting #LegalBookkeeping

Most law firms don’t realize they’re losing thousands due to:? ? Untracked billable hours? ? Poor cash flow management? ? Trust accounting errors that could lead to compliance issues? ? ?? Firm Financial 360 is your custom financial blueprint designed to:? ? Identify revenue leaks ??? ? Keep your firm IOLTA-compliant & audit-proof ??? ? Maximize profitability & tax savings ??? ? ?? If you don’t know your numbers, you’re running your firm blind. Let’s fix that NOW!? ? ?? Book a Digital Coffee with Enae today & take control of your firm’s finances! ???? ? ?? https://lnkd.in/dRHbnFkG ? #EsquireAccounting #LawFirmFinance #TrustAccounting #LegalBookkeeping #FirmFinancial360