The June Payroll Reset Most S Corp Law Firm Owners Miss in 2026

The June Payroll Reset Most S Corp Law Firm Owners Miss in 2026

The June Payroll Reset Most S Corp Law Firm Owners Miss in 2026Stephan Goldsmith
Published on: 11/06/2026

Why S corp law firm owners should use June to revisit payroll, reasonable compensation, distributions, and cash flow before an outdated salary creates tax trouble.

S corp law firm ownerreasonable compensationowner payrollowner distributionslaw firm cash flowpayroll taxmidyear payroll reviewtax planning for law firms
S Corp vs LLC vs Partnership

S Corp vs LLC vs Partnership

S Corp vs LLC vs PartnershipStephan Goldsmith
Published on: 13/04/2026

Learn how law firm owners can choose the right entity structure and pay themselves in a tax-smart way.

entity structure for law firmslaw firm entity structurebest entity structure for attorneyslaw firm owner compensationattorney owner paylaw firm salary vs distributionsS corp for law firm ownerslaw firm tax structurehow law firm owners should pay themselvesowner compensation for attorneyshow to choose the best entity structure for a law firmshould a law firm owner elect S corp statushow attorneys should pay themselves for tax efficiencysalary vs distributions for law firm ownersbest way for law firm owners to take compensationtax planning for law firm entity structurecommon owner pay mistakes for attorneyslaw firm entity selection and tax savingshow partner pay affects law firm taxesreasonable salary rules for S corp law firm owners
2026 SALT Cap Changes for Lawyers: Is PTET Still Worth It?

2026 SALT Cap Changes for Lawyers: Is PTET Still Worth It?

2026 SALT Cap Changes for Lawyers: Is PTET Still Worth It?Stephan Goldsmith
Published on: 13/04/2026

PTET still matters in 2026, but the higher SALT cap changes the tax savings math. Law firm owners need to weigh federal benefit, state rules, and cash flow before electing.

PTET for law firmsSALT cap 2026pass-through entity tax 2026law firm tax planningSALT deduction for lawyersPTET election law firmstate tax planning for attorneyshigh-income lawyer tax strategylaw firm partner tax planningPTET vs SALT cap
Audit-Ready Tax Systems for Law Firms

Audit-Ready Tax Systems for Law Firms

Audit-Ready Tax Systems for Law FirmsStephan Goldsmith
Published on: 13/04/2026

How law firms can reduce audit risk through reasonable compensation, clear expense policies, and organized tax records.

law firm tax auditaudit-ready law firm taxesS corp reasonable compensation attorneylaw firm tax deductionsIRS audit tips for lawyersattorney bookkeeping best practiceslaw firm expense policieslaw firm payroll compliancereasonable compensation for lawyerstax planning for law firm owners