Professional Service Firms
LT Cambaliza LLP’s Professional Service CPAs provide a wide range of services to successful local, regional, and national B2B firms. These types of businesses include notable law firms, insurance brokers, and marketing/branding/event companies, among others.
Our creative and talented Professional Services CPAs possess extensive knowledge of trends and developments in these various market segments. They are also active in various associations, professional groups, and forums, where they stay current on the specific types of issues these business owners face on a consistent basis.
Some of the types of services we provide for these firms include:
Law firms are required to reconcile their client trust accounts on a monthly basis. Our team understands the various nuances of trust accounting and the industry in general well. We understand our clients' businesses, almost as well as our own, and accurately reconcile their reporting to keep them in full compliance with various laws.
This type of planning is especially important when a business’ service income is seasonal. Our CPAs assist with minimizing taxes and to avoiding or reducing associated penalties, while still maintaining healthy cash flow.
We stay on top of emerging legislation and help our clients stay current on economic updates such as the recent Tax Cuts and Jobs Act (TCJA), passed in December 2017, Payroll Protection Program, and other SBA loan programs related to COVID-19 pandemic.