Fraud perpetrators take whatever they can get their hands on. But they generally prefer cash because it’s virtually untraceable. Fortunately, fraud experts have the expertise

If you already have a budget, it’s probably been difficult for you to stick with it for the last several months. Unless you provide products

Some folks have been tapping or suspending their retirement savings to make ends meet during this COVID-19 pandemic, and although understandable, it is important that

Filing annual wage reports is just one of the many end-of-year responsibilities expected of every business. But the task is not as straightforward as some

Tax time can be one of the most hated times of the year. Just preparing the forms is enough to be an irritant, and if

If you ask around, you’ll hear a lot of advice out there about how to run your business and handle your finances. And just armchair

Here are five things that happened this past month that affect your small business.   1. President Biden announced tax credits for COVID-19 vaccination paid

Acquisition In any industry, clients will come and go. Depending on what kind of law your practice, you may have long-term relationships with them and

If you’ve been around me for very long, you know how much I love profit! If you’re not making a profit, you’re not running a

As firm owners, we can sometimes cringe at the mention of company culture. Ask us to track productivity, and we jump right on board. Customer

When it comes to tracking metrics for your firm, you may be used to cold, objective numbers with dollar signs in front of them. But

If there’s one missing link that keeps most law firms from accomplishing their goals, it’s tracking KPIs (Key Performance Indicators). That’s why Silver Peaks Accounting

Ok, so you’re working with an accountant and you’ve just gotten your monthly financial statements. What do you do?  Do you scour them for hours

In life and in business, it’s so important to have goals. You always want to be moving forward and growing, and the only way to

The numbers are in.  Study after study has shown that one problem keeps topping the charts and plaguing law firms: collections. Now, when I say

If you’ve heard people throwing these terms around, you may be wondering what the difference is and if you need one or both.  One of

If you know me, you know how much I love to talk about financials. I am a CPA, after all, and it’s my job to

What would you do if you found out someone was stealing $1500 from your firm every day? What if you discovered that an employee was

Going into a new year, everyone has big goals and big dreams. You want to increase your profits but that can be a scary proposition

Although non-lawyers like to think that attorneys swim in pools of cash, most law firms’ profits aren’t nearly as high as they should be. Sometimes,

Okay, it’s actually four things you need. Because the first thing you need is a GOAL! If you’re striving for a certain number of billable

Where did my profits go? One of the most common questions I get is “Where did my profits go?” Typically, I’m asked when I’m going

Do you have to spend money to make money? It’s an age-old question, but I think it may be the wrong question. It can lead

Trust Accounting Tips Trust Accounting…we know, the only two words that can strike pure terror in the minds of lawyers. We get it, you aren’t