Notice: Our Rockwall office has relocated to Trend Tower as of February 1st 2025. Visit us at our new location to connect with the same trusted CPA team: 📍 2701 Sunset Ridge Dr, STE 604, Rockwall, TX 75032
Managing a successful law firm isn’t just about winning cases—it’s about running a business. From cash flow challenges to tax compliance and trust accounting, financial mismanagement can put your firm at risk. Whether you’re a solo practitioner, a boutique firm, or a multi-partner law office, financial clarity is the key to long-term success.
At Gulla CPA, we specialize in accounting, tax planning, and financial advisory services designed exclusively for law firms. Our expertise ensures your firm remains financially strong, tax-efficient, and fully compliant, so you can confidently advocate for your clients.
Managing irregular income from contingency fees, retainer-based payments, and delayed client billing.
02.
Complex Tax Regulations
Handling multi-state tax issues, partner distributions, and deductible expenses.
03.
Trust Accounting & IOLTA Compliance
Ensuring client funds are properly tracked to prevent compliance violations.
04.
Payroll & Profit Distribution
Structuring compensation for partners, associates, and staff efficiently.
05.
Billing & Revenue Recognition
Ensuring compliance with legal billing regulations and ethical standards.
06.
Entity Structuring & Tax Strategy
Optimizing tax efficiency through the right business structure.
07.
Growth & Succession Planning
Structuring firms for expansion, partner buy-ins, and retirement transitions.
Without a solid financial foundation, law firms risk cash shortages, tax liabilities, and compliance issues that could impact their reputation and operations.
How Gulla CPA Supports Law Firms
Smart Financial & Tax Strategies for Legal Professionals
We offer a full suite of financial services tailored to law firms, helping you increase profitability, stay compliant, and plan for long-term success:
Trust Accounting & IOLTA Compliance
Ensure client funds are properly tracked and managed.
Tax Strategy & Compliance
Reduce tax liabilities with strategic planning and full regulatory compliance.
Cash Flow & Financial Forecasting
Maintain liquidity for payroll, overhead, and case expenses.
Law Firm Accounting & Bookkeeping
Keep financial records accurate and audit-ready.
Payroll & Compensation Planning
Structure salaries, partner distributions, and bonuses efficiently.
Billing Optimization & Revenue Recognition
Ensure ethical, transparent, and compliant billing practices.
Multi-State & Nexus Tax Planning
Navigate tax obligations for firms operating in multiple jurisdictions.
Business Structuring & Advisory
Optimize your legal entity for tax efficiency and liability protection.
Law Firm Growth & Succession Planning
Plan for expansion, partner buy-ins, and ownership transitions.
Financial Due Diligence & Mergers
Assist with firm acquisitions, mergers, and financial restructuring.
“Partnering with Gulla CPA was one of the best financial decisions for our law firm. They helped us streamline our trust accounting, optimize tax strategies, and ensure compliance with multi-state regulations. We now have better cash flow management and a stronger financial foundation for future growth. Highly recommended for any law firm looking for expert financial guidance!”
– Michael T., Managing Partner
Our Proven Process for Law Firms
Step 1:
Financial Health Assessment
We analyze your cash flow, tax position, and trust accounting to identify inefficiencies.
Step 2:
Customized Strategic Plan
We develop a tailored financial strategy focused on profitability, compliance, and long-term stability.
Step 3:
Implementation & Ongoing Management
We handle bookkeeping, tax filings, payroll management, and financial reporting to keep your firm on track.
Take the Guesswork Out
of Your Firm’s Finances
A Stronger Financial Foundation Starts Here
Special Offer:
Complimentary
1-Hour Consultation
We are offering a free 360° financial and tax review ($350 value) for law firms. In just one hour, we’ll help you identify tax-saving opportunities, optimize your financial structure, and ensure full compliance—so you can focus on growing your practice stress-free.