Why Your Law Firm Needs a Specialized Accountant

  The legal industry is unlike any other. Does your accountant have the specialized experience you need? At Gibbons & Gibbons, we’re focused on providing expert accounting and business advisory services to professional services firms, with particular expertise in serving law firms. Specializing in a particular type of company, and defining an industry niche, enables us to provide the best … Read More

To Keep Your Withholding Healthy, Get a Tax Checkup

You’ve filed your taxes for 2017, and if you’re among those who overpaid, you’ve likely already received your tax refund. Time to breathe a sigh of relief that you can stop thinking about taxes for a while, right? Not so fast. The Tax Cuts and Jobs Act has some major changes that will take effect for the 2018 tax year, … Read More

How Small and Mid-Size Law Firms Can Benefit from Outsourcing Accounting

Law firms are among the most client-driven businesses around. Every day, attorneys are focused on doing the best they can to advance their clients’ interests. While meeting client needs should always be a top priority, small and mid-size law firms also face the challenges common to most small and growing businesses. They include: Managing cash flow Staying in compliance with … Read More

4 Ways Your Accountant Can Help You – Other Than Doing Your Taxes

When I talk with people about what we do at Gibbons & Gibbons, I refer to us as an accounting and business advisory firm. Accounting and tax services are what people expect to hear. It’s that second part – business advisory services – that most people want to know more about. Every small and mid-size business owner I work with, … Read More

Why do businesses cling to the paper check?

How Cloud Companies Are Killing Checks http://www.bloomberg.com/news/articles/2015-03-12/cloud-companies-push-digital-payments-to-u-s-businesses The amazing quote to me by Celent analyst Gareth Lodge, “The U.S. is 20 to 30 years behind other countries in moving away from paper.” I have had a number of clients over the years have their banking information stolen from a paper check.  Due to this, many of these businesses have had to keep … Read More

Successful Cloud Accounting

Move Accounting to the Cloud: 7 Rules for Successful Cloud Accounting http://experts.allbusiness.com/7-rules-for-successful-cloud-accounting/14509/   “Accounting software has natural hooks into every other business process, so putting it into the cloud enables both cost savings and new benefits that you may never have imagined.”..Mr Worrell really hit the nail on the head. Most small business owners are already working in the cloud … Read More