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For Law Firms & Attorneys

Law Firm Accounting that keeps your trust account clean.

IOLTA trust accounting, three-way reconciliation, and tax strategy for law firms so the State Bar is never a worry. One firm for your trust account, your operating books, and your partners.

Schedule Your Consultationor call (618) 656-6010
Statue of Lady Justice holding scales

IOLTA trust accounting done right
Three-way reconciliation, every month.
3,000+ clients served
Best Accountants, SBM Finalist
AICPA Member Firm
QuickBooks Certified ProAdvisor
Serving clients nationwide
What we solve

Where law firm accounting goes wrong

The compliance risks most generalist accountants quietly miss.

1
Trust accounting errors
Commingling, missed transfers, or two-way (not three-way) reconciliation put your license at risk. Most generalists do not know the difference.
2
State Bar audit exposure
Random audits and self-attestation rules leave no margin. Records must match to the penny or the inquiry starts.
3
One ledger per client required
Every client’s trust funds need their own ledger with a running balance, not just a total. Most bookkeepers skip this entirely.
4
Partner comp and tax planning
Entity choice, partner draws, and QBI strategy for law firms require a CPA who understands professional service firms specifically.
What we do

One firm for the whole financial back office.

Four services, one team, one monthly rhythm, all built around how your firm actually runs.

Accounting
Firm financials you can actually use.
Matter- and practice-area profitability
Partner compensation reporting
CFO-level benchmarking and advisory

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Bookkeeping
Clean, reconciled books every month.
Trust and IOLTA account reconciliation
Up-to-date books by the 10th
Audit-ready records year-round

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Managed Payroll
Your team, paid right, on time.
Full-service payroll runs and filings
Partner draw and associate pay handling
Owner retirement-plan contributions

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Tax
Planning all year, not just April.
Protect your QBI deduction
S-corp and PTE strategy for the SALT cap
Partner-level entity planning

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The difference

We do things differently than most accountants.

Most firms are built around volume. File the return, move on, repeat. Here’s what you get with us instead.

What you’re used to
A generalist who treats trust funds like operating cash
Two-way reconciliation that misses the client ledger
State Bar inquiries you could have prevented
Partner comp and entity choice handled as an afterthought
Firm financials that do not separate trust from operating
With Thompson Flaherty
A CPA built around fiduciary rules and firm structure
True three-way IOLTA reconciliation, every month
Audit-ready records that hold up under Bar review
Partner comp and entity structure planned for tax efficiency
Clean operating books, separate from trust, all year long
Getting started

How working together begins

The first call is completely free, with zero pressure and zero obligation. Just a straight, honest read on your firm.

01
Free intro call
Tell us about the practice and your goals. No pressure and no commitment, just a real conversation.
Step 1
02
We review your numbers
We dig into your books, payroll, and prior returns, then show you exactly where we can help.
Step 2
03
We take the wheel
We transition your accounts, clean things up, and put reliable systems in place. Fast.
Step 3
04
Year-round partnership
Proactive planning, fast answers, and ongoing advisory. We’re in your corner all year.
Ongoing
The team

Who you’ll work with

You’ll work directly with the same CPA every time, someone who actually knows your numbers, your goals, and your industry.

Tyler Hawkins

Tyler Hawkins, CPA
Senior Certified Public Accountant
Kelly Flaherty

Kelly Flaherty, CPA
Senior Certified Public Accountant
Jim Klostermann

Jim Klostermann
Senior Tax Accountant
Christian Kimble

Christian Kimble, CPA
Certified Public Accountant

Common questions about law firm accounting

Straight answers about working with us. Anything else? Bring it to the call.

Yes. IOLTA trust accounting is one of our core specialties for law firms. We do true three-way reconciliation monthly, bank statement to trust ledger to individual client ledgers, and maintain audit-ready records so a State Bar review is never a problem.
Let’s talk
Ready to work with a CPA who actually gets back to you?
Whether it’s your books, payroll, or a real tax plan, let’s talk. The first call is free, with zero pressure.
Schedule Your Consultation

Prefer the phone? (618) 656-6010

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