Accountants for Lawyers and Paralegals

Specialize accountant for the legal professionals.

Managing financial accounts and taxation for lawyers and paralegals is not easy. They have a tough schedule with client’s obligations, billable hours, legal regulations, and there is little to no time left behind to manage the account finances, prepare tax returns, and tax planning with reduction.

At ICTax, we offer finance management, tax filling, and accounts management services for all the legal advisors and lawyers in Canada so they can focus on their practice without any stress.

Why Choose Us?

Choosing a reliable and professional finance partner like ICTax can significantly make a difference in your finance management and business growth. We stand apart because we offer

Expert advice in accounting and tax issues
Bookkeeping, financial advisory, and tax filing
All-time support, year-around
Strategies to reduce tax liabilities
Peace of mind while working with the experts who understand your language and business goals.

What Service We Offer

Accounting Services For Lawyers

Lawyers working as a solo professional, working as a contract paralegal, or with a legal firm, have distinct financial needs, and our experts understand this completely. ICTax takes the responsibility of solving all your financial challenges, ensuring your financial records are maintained, organized, and aligned with your professional goals. We offer the following services:
● Financial report reparation and performance analysis
● Bookkeeping services
● Accounting support and advisory
● Annual financial statement Payroll management and employee remittances.

Tax Preparation and Planning

Legal experts have high income, therefore they often face tax obligations due to eligible deductions and variable billing structure. At ICTax, our taxation and accounts experts ensure to keep a proper record and support the lawyers with:
● Preparation of personal and professional tax returns and filing
● All-time support, not just annual tax filing, but for the entire year
● Strategies to reduce tax liabilities
● Tax planning for incorporated legal practices
● Tax installments to avoid sudden surprises
● Peace of mind for your financial challenges We have designed our services for both incorporating law firms as well as sole proprietors.

For Incorporated Law Practices We Offer:

● Corporate tax fills submitted on time
● Help and support for owner compensation
● Tax deferral strategies
● Advice and guidance for corporation compliance

For Sole Proprietors & Paralegals We Offer:

●Tax filing accurately with support on time
●Personal and professional tax integration support
●Help with business registration and remittance
●Support in minimizing tax

Guidance and Support

ICTax offers financial support including bookkeeping and record keeping, tax filing for both the personal and corporate businesses, tax planning and filing strategies, financial reporting for business growth and profitability, along with remittance support. We offer year-round financial support so your practice remains stress-free. We provide:
● Monthly bookkeeping and quarterly tax planning
● Cash flow analysis and budget management
● Financial advisory for major decisions
● Supervise registration and remittance

Let’s get started

ICTax has a sole aim to let you focus on your clients while we will handle the numbers. We ensure your taxes are prepared and filed correctly.

We manage financial processes, and strategic planning while you focus on your clients and business. It will not only provide you a peace of mind but also help you grow your business.