Tax Changes & Alerts for Law Firms

The 2026 1099 Update Law Firm Owners Could Easily Misread

Stephan Goldsmith

Published on: 01/06/2026

The 2026 1099 threshold increase may reduce filings, but law firms still need clean vendor records, W-9s, payment tracking, and attorney-payment review to avoid year-end chaos.

Midyear Tax Resetlaw firm 1099 compliance2026 1099 update for law firms1099 threshold 20261099 compliance for attorneys1099 reporting for law firm owners1099 cleanup for law firms

The June 15 Tax Trap Most Law Firm Owners Don’t See Coming

Stephan Goldsmith

Published on: 25/05/2026

June 15 can expose cash-flow gaps for law firm owners. Learn how to review estimates, safe harbor, reserves, and projections before the deadline creates surprises.

Midyear Tax ResetJune 15 Tax TrapAttorney Tax PlanningLaw Firm Profit Planning2026 Estimated Tax Payments

The June 15 Tax Trap for Law Firm Owners: Why Spring Cash Can Fool You Before Summer Hits

Stephan Goldsmith

Published on: 21/05/2026

A practical guide for law firm owners on avoiding the June 15 tax trap, managing spring cash wisely, and resetting tax reserves before summer creates a cash crunch.

Law Firm Tax PlanningJune 15 estimated tax paymentlaw firm cash flow planningtax reserves for law firmsquarterly tax payments for attorneysS corp tax planning for law firmslaw firm owner compensationtax planning for attorneys

2026 Tax Deadlines Law Firm Owners Can’t Miss

Stephan Goldsmith

Published on: 13/04/2026

Running a law firm in 2026 means staying ahead of tax deadlines. Use this calendar to track returns, K-1s, W-2s, 1099s, estimated taxes, and payroll filings, and avoid costly IRS penalties.

2026 tax deadlines2026 IRS tax calendartax deadlines for law firm ownerslaw firm tax planninglaw firm tax calendar 2026tax deadlines for attorneysquarterly estimated tax due dates 20262026 estimated tax paymentspartnership tax deadline 2026S corporation tax deadline 2026Form 1065 due date 2026Form 1120-S due date 2026Schedule K-1 deadline 2026Form 1040 due date 2026C corporation tax deadline 2026Form 1120 due date 2026W-2 deadline 20261099-NEC deadline 2026Form 941 due dates 2026payroll tax deadlines 2026IRS penalties for late filingIRS penalties for late paymenttax reserve strategy for law firmslaw firm cash flow and taxesowner compensation S corp law firmtax compliance checklist for law firms

Law Firm QBI Deduction

Stephan Goldsmith

Published on: 13/04/2026

Law Firm QBI Deduction Explained: Income Limits, SSTB Rules, and 2026 Updates

QBI deduction for lawyersSection 199A for law firmsqualified business income deduction attorneysQBI deduction 2026SSTB rules for lawyerslaw firm tax planninglaw firm owner tax strategies199A deduction for attorneyslaw firm pass through deductionQBI phase out lawyerslaw firm S corp tax planningtax deductions for attorneystax deductions for law firm ownersQBI deduction for attorneysQBI deduction for law firm owners

Why Remote Work Creates State Tax Risk for Law Firms

Stephan Goldsmith

Published on: 13/04/2026

Law firms with remote attorneys, out-of-state partners, or clients in multiple jurisdictions may be facing tax obligations they do not even know exist. This post breaks down the multi-state tax risks every firm owner should be watching.

multi-state tax for law firmsremote work tax issues for law firmsstate tax nexus law firmlaw firm apportionment rulesnonresident partner withholding law firmK-1 multi-state tax issuesremote attorneys state tax compliancelaw firm state tax strategySALT issues for law firmslaw firm multi-state tax compliance