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Silver Peaks CPA

Easy Tips to Keep Your Law Firm Safe from Fraud

A person in a suit hides U.S. dollar bills in their inner jacket pocket, while another person—perhaps a lawyer, bookkeeper, or CPA—points to a clipboard with a pen on a desk.

Running a small law firm takes a lot of heart and hustle. But in all the busyness, it’s easy to miss some sneaky threats to your finances. Let’s talk about some common financial fraud and give you some straightforward tips to protect your hard-earned cash. Accounts Payable Fraud It’s crazy how small amounts can sneak […]

Avoiding Tax Headaches: Common Financial Mistakes Law Firms Make

SILVER PEAKS CPA Legal accounting services

Running a law firm comes with many challenges, especially when it comes to managing money. While many firms hire bookkeepers mainly for tax filing, having accurate financial records is important for more than just taxes. As a CFO with many years of financial experience, I’ve seen how problems related to taxes can have a negative […]

A Simple Guide to Financial Forecasting for Law Firms

Bookkeeping for law firms

We are going to discuss something really important for your law firm: financial forecasting. It might sound complicated, but it’s just a way to predict how your firm’s finances will look in the future based on what’s happening now. This is super important for making smart decisions, spotting any problems early, and grabbing opportunities to […]

How to Boost Your Confidence and Lead Your Law Firm to Success

A person in a suit, perhaps a Colorado accountant or lawyer bookkeeper, stands against a plain light background holding folders and a notebook, with one hand casually resting in their pocket.

Confidence is super important for law firm owners, but it’s often overlooked. In this blog, I’m going to talk about how not being confident can hold you back from achieving your dreams for your firm. Plus, I’ll share some tips on how to kick those confidence barriers to the curb. 1. Fear of Leadership A […]

Introducing the Legal Wise Toolkit

A computer, tablet, and phone display various legal and business forms, spreadsheets, and accounting policies, with the center screen showing "Legal Wise Toolkit" in bold letters. Arrows label each document type around the devices, making it an essential resource for any Colorado lawyer bookkeeper.

Struggling to keep your law firm organized?  Introducing the Legal Wise Toolkit, your ultimate solution for effortless legal practice management.  Say goodbye to manual calculations and hello to time-saving efficiency with our comprehensive set of templates and resources.  Simplify your HR processes, gain financial transparency, and keep your team motivated.  Best of all, the Legal […]

Undertaking a pay equity audit at your business

A person practices bookkeeping by counting a stack of U.S. dollar bills at a desk with a planner, pen, keyboard, phone, and headphones.

Pay equity is both required by law and a sound business practice. However, providing equitable compensation to employees who perform the same or similar jobs, while accounting for differences in experience and tenure, isn’t easy. That’s why every company should at least consider undertaking a pay equity audit to assess its compensation philosophy and approach. […]

Improve HR decision-making with a SWOT analysis

Two people sitting at a table review a printed resume near an open laptop. One person points at the paper while the other, possibly a CPA or law firm accountant from Colorado, holds it and a pen. Additional documents and a notebook are visible on the table.

According to the U.S. Bureau of Labor Statistics, an estimated 4.5 million people voluntarily left their jobs in November 2021. That’s a record number. In this topsy-turvy labor market, many employers are under greater pressure to make optimal HR decisions. Having a sound, dependable and growth-oriented HR function can help you retain good workers, draw […]