Tax Health Checkup
Law Firm Quarterly Tax Health Checkup
Everything in the Annual Checkup, plus a focused deep-dive each quarter, so your firm’s compensation, expenses, trust accounting, and deductions stay on solid ground all year.
Tax health is not a once-a-year event. The Quarterly Tax Health Checkup builds on the annual review with a dedicated focus each quarter, keeping your firm compliant and tax-efficient as the year unfolds.
What you get
- Everything in the Annual Checkup: business structure review, tax compliance check, entity status check, a full tax health assessment with remedies, tax savings recommendations, and a forward-looking tax year checklist
Plus, a focused review each quarter:
Detailed total owner benefits and reasonable compensation analysis.
Accountable plan for expense reimbursement, and a review of expense bookkeeping for audit readiness.
IOLTA review and analysis of advanced client expenses.
Qualified Business Income deduction planning, and a checklist for the 2028 tax year.
Background on each quarter's topic:
- Q1: how much salary a law firm owner should take from an S corporation. Owner benefits start with how S corporation owners handle health insurance.
- Q2: what an accountable plan is and how a law firm should reimburse expenses.
- Q3: who pays tax on interest earned in a lawyer's trust account.
- Q4: whether a lawyer can take the 20% qualified business income deduction.
Quarterly Check Up
Regular price $1,500 per quarter
Space is limited: anniversary pricing is available for a limited number of firms.
Book NowLooking for a single annual review instead? Explore the Annual Tax Health Checkup.