2024 Law Firm
Year-End Planning Guide

As we go to press with our year-end planning guide, we can look back at a challenging year, both economically and in terms of tax planning. This past year has shown how the impact of high inflation and market volatility can alter how we live and do business. Staying one step ahead in this environment means being informed by understanding the current rules, being flexible by keeping abreast of potential changes, and being ready to act by starting to prepare for what might come.

As The Accounting Firm for Law Firm® we developed this guide to offer a variety of strategies for reducing your taxes in the current environment and a discussion of issues that could impact your firm. We encourage you to use this guide to identify the best strategies for your situation, along with guidance from your tax advisor, who can keep you apprised of any new tax law developments that might
affect you.