Archives for ‘Accounting’
In this last of this three part series, I walk you through the Control Chart, and how to use it in your law practice. At the end, try it for yourself, and let me know how it works for your law practice.
Law firms can improve processes, just like any other business. However, there is no industry baseline by which to measure process improvements, so to account for wide variations, we need an Individual Control Chart. Let me explain.
It seemed like a reasonable decision, and I saved about $300 by not hiring a CPA. I filed online, had my refund in two weeks, noticed an error and filed an amended return. I thought that was the end of the story, until I received an audit notice nearly a year later.
Results from the question: do you do your own taxes?
Some action items that will save you money on legal research