Don't let the holiday spirit distract you from critical year-end accounting and compliance tasks. Follow this checklist to ensure your law firm's books are ready for the new year, avoiding LSO and CRA issues in the new year.

Discover what transaction levy surcharges are, how they work in Ontario law firms, key costs, deadlines, exemptions, and best practices for accurate filing.

Are you a lawyer who's behind on their books? Here are 8 clear steps to clean up fast and stay audit-ready.

This article provides an overview of the new Client Contingency Planning Requirement for Ontario lawyers.

5 essential financial terms every law firm must know for compliance, growth, and profitability.

Bank fees and errors can disrupt trust accounts, creating unexpected challenges. This article offers steps to ensure compliance.

Wondering about the three main types of legal bookkeeping software? Read on to discover which one might be the best fit for your practice!

If you're already familiar with general bookkeeping (eg. Bookkeeping using QuickBooks), transitioning to a career in legal bookkeeping...

Wire or email transfers from Trust accounts require strict compliance with LSO guidelines.

Let's discuss the Form 9 documents under LSO's By-Law 9 (Form 9A to Form 9E).

Law Society bookkeeping rules go beyond avoiding penalties. These practices, enhance financial management and boost law firm efficiency.

The importance of regular review of key financial and non-financial reports for law firms.

How Ontario lawyers must maintain records to meet professional obligations, including mandatory retention periods.

For Ontario lawyers, keep track of important filing dates with the Law Society of Ontario (LSO) and the CRA for 2024.

Explore the critical role of bookkeepers in legal accounting, drawing a unique parallel between financial preparation and medical surgery.

Learn to close a trust account compliantly and protect your trust funds.

Discover 5 key bookkeeping blunders that law firms make leading to pitfalls and disciplinary action and learn the strategies to avoid them.

In this article, we discuss 6 useful Bookkeeping Tips for Lawyers to consider in managing their books.

RDC allows lawyers to deposit cheques remotely. But how does it work, and what legal protocols must be followed? Explore the details.

Should you stay with your traditional desktop-based legal accounting software or switch to the cloud?