Maintain a proper record of the financial transactions related to a law cases.
Ensure financial statements are prepared at regular intervals of time.
Offer the Right Financial Advice
Tax filing is one of the essential functions of a law firm. But it is certainly not the core function. Hiring professional accountants can help in making this process easily manageable. Tax preparation can prove to be extremely stressful, if not managed properly and could lead to penalties from the state tax department.
Represent the Bank while dealing with external parties like experts and authorities.
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