Meru Accounting

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Personal Injury Lawyers

Hire Remote Bookkeeper, Accountant , Tax return Preparer or Admin Person

Monthly Bookkeeping, Payroll, Financial Statements or Tax returns for Business Owners
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Hire Remote Team
Bookkeeping for Event Management
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Business Tax return filing by Certified
CPA / Enrolled Agent (Starts at $350)

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QuickBooks And Xero Certified Experts

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50% Reduction In Costs

Bookkeeping And Accounting for Personal Injury Lawyers

Personal injury attorneys focus on representing people who have suffered physical or psychological harm as a result of the carelessness or misconduct of another person. These attorneys represent clients in a variety of situations, such as slip-and-fall incidents, industrial injuries, medical negligence, and auto accidents.  Meru Accounting helps personal injury attorneys by offering specialised bookkeeping and accounting services that are made to fit their particular demands. 

 

Meru Accounting assists personal injury attorneys in simplifying their financial procedures and keeping accurate and current financial records by handling client invoicing, tracking settlement payouts, and keeping tabs on expenditures. Personal injury attorneys can focus on defending their clients while leaving the complexities of money management to the experts.



Core Aspects of Bookkeeping and Accounting for Personal Injury Lawyers

1. Management of Trust Accounts

2.Accounting and Reporting

3. Tax Preparation and Adherence

Need of accounting and bookkeeping for Personal Injury Lawyers

Trust Account Management

Manage client cash safely in distinct accounts while adhering to stringent guidelines to prevent mistakes and fines.

Precise Case Calculations

Monitor missed income, medical costs, and case expenditures to ensure precise client claims and optimise possible settlements.

Handle Volatile Cash Flow

To prevent financial gaps, project revenue and costs taking into account the erratic nature of personal injury claims.

Tax Planning and Compliance

To reduce tax liabilities, select a corporate structure that minimises taxes and be aware of the tax ramifications of settlements.

Profitability Analysis

To maximise resource allocation, analyse case volume, costs, and lawyer productivity to pinpoint areas for profitability improvement.

Benefits of bookkeeping and accounting for Personal Injury Lawyers

Why Choose Meru Accounting?

Personal injury attorneys are committed to defending people who have suffered harm as a result of the carelessness or misconduct of others. Effective bookkeeping and accounting are crucial for managing finances and guaranteeing regulatory compliance, especially considering the rigorous nature of their legal business. Meru Accounting is an expert in managing client billing, tracking case-related expenses, and conducting trust accounting. We specialise in delivering personalised financial services to personal injury attorneys.

 

Personal injury attorneys can focus on representing their clients rather than the complexities of financial administration with the help of Meru Accounting to benefit from accurate financial reporting, prompt invoicing, and simplified expenditure management. Personal injury attorneys can get expert assistance to improve the financial stability of their practice and increase their capacity to serve their clients effectively.

Services offered by Meru Accounting for Personal Injury Lawyers

Meru Accounting offers Personal Injury Lawyers a wide choice of bookkeeping and accounting services that are customised to meet the particular requirements of their business. A few of the crucial services consist of:

1. Accounting for Finances

2.Tax Preparation & Planning

3.Services for Business Advisory

4. Additional considerations

Conclusion

 

Meru Accounting provides thorough and individualised bookkeeping and accounting services designed especially for personal injury attorneys. Our knowledge of handling trust accounting, monitoring case-related spending, and managing client billing allows us to offer our customers essential support in maintaining their financial stability and legal compliance. 

 

Personal injury attorneys can reduce administrative responsibilities, expedite their financial procedures, and concentrate on representing their clients with the help of Meru Accounting. Our dedication to precision, effectiveness, and individualised service helps personal injury attorneys maximise their practice’s financial results and improve their capacity to provide outstanding legal counsel. Personal injury attorneys may easily handle the complexity of financial management and accomplish their professional goals when they have Meru Accounting as their trusted financial partner.

Hiring Virtual Accountant With Meru Accounting

Meru Accounting provides world-class services that cater to all the needs of cloud accounting and bookkeeping of your business.

We work on the best accounting software like Xero and Quickbooks, as well as add-ons that will make sure all your work is up-to-date.

Help you with switching from your traditional software to Xero and Quickbooks.

We also manage VAT, BAS, Sales Tax and Indirect taxes for you so you are always ready at the end of the financial year.

When you choose to outsource your accounting work with us, it benefits you in the following ways:

  1. 1. Cost-saving
  2. 2. Access to skilled and experienced professionals
  3. 3. Better management of books of accounts
  4. 4. Decreased chances of errors
  5. 5. Improve business efficiency
  6. 6. De-burdens in-office employee’s dependency
  7. 7. Better turnaround time

We work on virtual technologies like Team Viewer, Virtual Private Network (VPN) to share and access data from your system.
You have to share your accounting software login details.

Through that, we complete all of your work and update it on the cloud, so you can have access to your data from anywhere and at any time.

Software is not a barrier for us. Due to our strong and professional accounting knowledge, we can prepare your books in almost any of the accounting software.

Our experts are always all ears to listen to your queries regarding bookkeeping and accounting or our services. You can contact us anytime by visiting: Contact Us page.

We provide our bookkeeping services at the rate of US $10 per hour. So, you only need to pay for the amount of time actual work is done.

We take certain preventive measures to secure your data, like:

  • Cyberoam Firewall to prevent any kind of foreign threat.
  • Dual-step authentication
  • Implement anti-virus
  • Limit user access so that login details are with a few people.

Meru Accounting work on some of the best accounting software’s like:

  • Xero
  • Quickbooks
  • Netsuite
  • Saasu
  • Wave
  • Odoo

Along with that, we also work with many add-ons like Workflow Max, Receipt Bank, Slack, TradeGecko etc., to extend your software’s capacity and improved work experience.

To book for trial, call us on our numbers or Please fill out the form here.

Our Work Information

We have combined team of Professionals. Seniors are generally Certified Chartered Accountants. Junior Bookkeepers are having Qualifications like Bachelors of Commerce, Masters of Commerce, Masters in Business Administration in the subject of Accounts and Finance, Intermediate level Qualification of Chartered Accountancy, etc.

For information visit our work methodology page.

We prepare a checklist of information required for bookkeeping and send you at timely intervals so as to ensure that we can do bookkeeping faster.

We can provide to you once we move ahead in our interview.

We serve clients on MYOB and have expertise working in Essentials, Account Rights Plus, etc.

Yes, We are presently processing Payroll for Number of clients in US , UK and Australia and take care of complete payroll activities.

Goods and Service tax (GST) is levied on sales of all the goods and services in Australia. GST is generally chargeable at 10% of value of sales.

Business Activity Statement is a predefined form to be submitted to the Australian Tax office by all the business persons in order to report on their all the tax obligations during the period covered.

BAS is generally required to be filed quarterly by various businesses.

Individual Business Owners

Yes, Owner of the business can prepare sign and lodge the tax return on his own. Its not mandatory that the Tax return needs to be signed by an EA or CPA.

No , its not mandatory that it should be prepared by only CPA or EA. It can be prepared by anyone who has PTIN.

We have Enrolled Agent who has the Authority to sign the documents for our clients after completing the through professional check.

Meru Accounting has its operational centre in India and hence the prices are quite less as compared to US based CPA’s and Enrolled Agents.

Meru Accounting has a team of Tax experts. Each Tax expert prepares around 300-400 Tax returns every year for various CPA’s in United States and Individual Businesses like yours. Due to this vast Experience and Robust Quality Check processes in place we can ensure you about correct Tax planning for your firm.

 

What Our Clients Say

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