Dean T. Carson II, C.P.A. |
Full Range CPA & Consulting Services in NY, CT, MA & TX, Select Services in other States by Inquiry / Fluent in Spanish
ph: 917-300-5190
alt: 917-231-7855
dean
For Attorneys and Corporations on Legal Support Services (LSS):
In overview this Section is for Attorneys and we are NOT ATTORNEYS. If you are not an Attorney this section (we apologize) is not for you, it is intended exclusively as an effective way to communicate with Attorneys in need of relevant support services.
For work in direct support to Licensed Attorneys:
That stated we have established considerable skills in Legal Research and have comprehensive Government Research skills to connect with Local, State and Federal Code, Statutes, Rules and more. For the opportunity to work with Attorneys and use the Business skills of Accounting, Compliance, Taxation,Analysis, Discovery, Financial and Regulatory Research and more to include and in no way limited to connecting to the various Court Rules and Procedures and to work with Foundational but continually improving skills on Legal Research to help in wide ranging Paralegal, Legal Assistance, Expert Testimony and Litigation support services as deemed relevant through the eyes of Attorneys.
We express that the considerable ability to combine CPA skills, training on the Investment Analyst Path and key Foundational Legal Research skills help us to better connect on Industry and Sector needs where you may benefit from Our Insight and ability to relate Facts through Documentation with Operational skills in Audit, Accounting, Operations, Financials, Analysis and more.
Visit the rest of our website and Contact Us or e-mail to info@dcarsoncpa.com where we may be able to assist on your related needs. You may also find the following pages of interest Compliance & Litigation Support or IP-Intellectual Property and know that each new day is a day of research where we continue to advance in related support skills for Attorneys across the broader scope of the Economy and Financials.
Paralegals and legal assistants typically do the following:
Corporate paralegals often help lawyers prepare employee contracts, shareholder agreements, stock-option plans, and companies’ annual financial reports. Corporate paralegals may monitor and review government regulations to ensure that the corporation is aware of new legal requirements.
Litigation paralegals maintain documents received from clients, conduct research for lawyers, and retrieve and organize evidence for use at depositions and trials.
We are open to broad opportunities to grow related skills. Through connecting with our active workflows we hope that it will be sufficiently apparent that there are many ways we can help with transferable skills.
We are interested in Legal support services for Compliance and Litigation and other related needs. An important relevant realization is that in the Securities Industry overall many needs on Litigation are channelled to Arbitration to save costs in Litigation and it is frequently noted that Litigation is the course of Last Resort. That stated link to PIABA for their key role on Public Investor Securities Arbitration:
https://piaba.org/
The Public Investor Arbitration Bar Association.
For other matters there is also:
The American Arbitration Association
If there is a role for us to perform in Arbitration support we weclome the opportunity to assist on services. Contact Us or e-mail info@dcarsoncpa.com .
This point is currently under construction as an overview of where we may assist on services:
Law Firm Financials - Revenue and Expenses - if you are not tracking them and using the Balance Sheet as the management tool it is, then you are not using the tools of business. Even then Tracking alone is not enough. Through correctly using your P&L, Balance Sheet and Cash Flows Statements, you can optimize your Financial Success through utilizing skills of Financial Management. Additionally results from Operations through Stategic Implementation of KPIs, Managerial Accounting, Cost Accounting, the A/R Collections Cycle and Treasury Finance / Cash Flows Management to meet best results on profit and Financial Management. Your Law Firm or Legal Practice is a place where our managerial and analytical skills can help on Financials.
KPIs - GP, NI, RPP, CPC, and other custom financial metrics from skills in Managerial, Cost Accounting and operational process engineering.
Revenue Accounts - Fees, Advanced Billings on Contingencies.
Expenses - Employees - Payroll / Benefits / Healths, Leases, Court Fees, Travel and Expenses, Charitable Donations
Assets - General Operations Accounts, Accounts Receivable, Fixed Assets, Intellectual Property
Liabilities - Unearned Revenues - Retainers / Annual Fees and more
, Retirement Plan Funding, Tax Liabilities, Payroll / Benefit Liabilities produced by Withholdings
Equity - Depending on business formation.
Special Arrangements : Fee Contingency Basis (w/ advanced cost billings to clients), Estate and Trust Accounts,
Events: Lawsuits, Awards and Settlements
Cost Drivers: Employees, Case Load, Support Staff
Key Components: Court Calendars, Filing, Research, Time and Expenses. Client Records, Case Time Records.
Formation: Attorneys may provide services through sole proprietorships, partnerships, corporations, and limited liability companies. Each entity is subject to unique tax issues.
Fiduciary (Client, Partners & Employees):
Laws Firms have various Fiduciary Accounts for Clients (incl. Trusts and Estates that cycle through Probate Courtss)
Cases through other Courts on Awards and Settlements and Employees as Law Firms generally also have Assets in Retirement and Employee Benefit Plans with corresponding US DOL Form 5500 / 5500 SF Requirements.
Law Firm Accounts generally reflect a Standard Set of Service Business Accounts, but they also include:
Banks / Cash Accounts - A General Operation Account and various types of trust accounts including IOLTA " Interest on Lawyer Trust Accounts" and other accounts. Client Trust Accounts may include general trust / IOLTA Accounts and Segregate Trust Accounts.
Potential Tax Issues:§ 441 PSHCs, Audits, the QPSHC IRC § 448 (d) (2) 35% Tax, s/b issuing 1099s on Settlements to Clients unless § 104 exempt. Caution Under IRC §§ 3121(d) and 3401(c), an officer of a corporation is an employee. Staff as Employee Vs. Contractor, Unrecovered Advanced Client Costs (Expenses billed but not recovered adjustments treated as Client Loans for Tax Purposes unless Bad Debt - then booked in year of Bad Debt Discovery), and more as relevant.
Compliance: IRC § 60501 / Form 8300 BSA Filings > $10k in Cash Received as applicable in lump sum or series.
Contact Us and e-mail info@dcarsoncpa.com
We have strong skills for Financial Research and Comparative performance analysis for your firm. Score your operations and potentially identify additional savings and earning opportunities through comprehensive financial and sales analysis. Know your business to maximize performance. Branding and Positioning considerations from similar path experience - we can help on Strategic Financial and Operations - even though you may not expect it we can assist.
Contact Us and e-mail info@dcarsoncpa.com
Skills from Internal Audit, Project Management, Business Analysis, Accounting, Financials, Compliance and many years of Corporate Experience connect with US and Multi-State Courts, Laws, Rules, Economic, Statistical, Financial, Government, Policy, NGO, Non Profit and Institutional Research. We work with extensive mind maps to support needs on Business and Legal Support Services.
We bring Advanced Paralegal and Specialist skills to needs as applicable.
The below references are links to charts for better understanding on the US Civil Courts and Cases.
Federal Judicial Center (US GOV) - How Cases Move through Courts
Legal Support Services and Our Goals for growth in Legal Skills.
We have Four important ways to Assist:
I. Expert Testimony
II. Paralegal Services
III. Law Firm Strategic Financial Management
IV. Law Firm Growth Strategies (*): Analytic and Strategic Support.
(*) Law is a knowledge driven business from the Client perspective. We can help you utilize insight through Financals and an Engagement Strategy to increase practice awareness, focus on opportunities and build growth potential through Strategic and Financiall insight.
On Financials:
A Law Firm is Unique as a Financial Operation but still a Service Business in Accounting and Financial Terms with KPIs, Revenues, Expenses, Assets, Liabilities and Partner's Equity. We can assist on Law Firm Financials, Strategic and Operational Analysis and Paralegal Services (as applicable based on strong research skills).
Common Areas of Expertise:
Financial Services (Investment Management, Investment Banking, Commercial Banks, Private Equity, Broker-Dealers and Regulations)
Estates and Trustees
Bankruptcy & Restructuring
Utilities (Energy)
Employment / Payroll / Retirement Plans / Fiduciaries (ERISA / TAFT-HARTLEY et al)
Contact Us or e-mail info@dcarsoncpa.com
Our practice is defined in the respect that we use wide ranging Financial, Government and Legal Research that spans the Economy as a key part of what we do. Our goal is to grow in knowledge and ability to assist Financial Decision Makers across the Economy.
Where we can assist:
Due Diligence / Manual Forensics
CFO support for Law Firms
Financials, Accounting, Audits and Advisory
Strategy and Operations for Profit Optimization and Expense Reductions
IRS Form 5500 & Health Plan and Retirment Reporting.
Paralegal Services
Research: We are a CPA Practice driven by broad Financial, Accounting, Tax, Economic, Government, Policy, Industry, Regulatory and Legal Research for Financial Decision Makers with focused application through services to Legal Business and Case needs and Litigation support services. As we continue to refine and tailor the resources - we are very interested to support your needs on services.
Contact Us or e-mail info@dcarsoncpa.com .
As a practice launched in the wake of Dodd we were led to consider the key role of emerging Legislation, Rules and more. We find the close relationship between Accounting and Legal Services to be an interesting ground where our skills connect with needs. Attorneys know best that where you have Regulations you general have closely connected, corresponding Duties of Accounting, Taxation and Compliance and it's one of the ways we can help on Services.
We also know that problem solving in the Nation while influenced by Financial Decision Makers is generally enacted through the framework of relevant Legislation placing the Legal Profession at the center of the many places we connect on Governance, Industry, Non Profits and Individuals as a Country founded on the Rule of Law, as a Constitutional Republic.
We celebrate the things we share that are positive through the Law and also see many daily opportunities for improvement in the Nation. Witnessing the Real lasting way to grow skills to help onoverall improvement is to follow the Legal Path in transisition. A process which will take time, but we have patience to get there.
We can help you on Services today and the goal is to also grow Legal skills that can help on the Broader challenges we face together as a Community through Families, Individuals, Localities, Cities, States and in National Governance. Challenges which involve the broad need to match Financial, Economic and Legal Research skills to help on Solutions. Regardless of the reported State of the Profession in Economic Term it's role and importance in Local, State and National decsion making on the Economy will remain essential today and tomorrow.
We are here to support Legal Services with Business, Financial , Research, Paralegal and Excellent Government Research skills.There is always room for growth but 16+ years Focused on Rules and Financial Decision Making with Controls, Operations, Audit, Financials, Business Analysis and Project Management is a considerable skill set to deliver Legal support services from.
We can deliver based on a passion for the Law and Legal Research that directly compliments the Financial skills and expertise in Government, Industry, Non Profit and Individual research flows.
The opportunity to support Attorneys and grow skills regardless of Field of Law is of Strong Appeal to us. We have full appreciation that the way to understand the needs of Financial Decision Makers includes the ways to work together on the Rules that guide the Economy. This opportunity will only come where we pursue the opportunity to work with Attorney's and grow related skills from working with you to better understand the key dimension of ability to change things in the Economy.
We have skills in Legal and Government Research that cover Federal, State and Local needs and Foundational Case Law in approach.
We also work with Financial Research to include Economics, Statistics and Industry knowledge and the knowledge that Legal work is a core function in how Our Society works.
We have an interest to continually grow Legal Skills with hope to use the related knowledge to help on broad problem solving on Financials for the big challenges in Governance looking forward.
We welcome the opportunity to support you on Paralegal / Legal Assistant or Litigation support on actual case support work, legal research, Financial and Industry Research where it benefits your needs.
Where we work to support Attorneys on Paralegal or other Legal support Services we will also use the proceeds of that work to pursue formal Legal Education looking forward. Pursuing the working path to evening Law School as able to do so.
DCarsonCPA on Linkedin on Legal Support Services.
The opportunity you provide us to work in support of your needs will have a reciprocal benefit. Our overall interests closely align with the beneficisl goal of Legal Services to the Community. Building key skills where we all connect through the Law and Governance on problem solving.
Please Reach us at info@dcarsonpa.com
To support Attorneys on broad needs where we may within the various guidelines of acceptable workflows, understanding the various important rules on UPL and performing only acceptable support work that is in compliance. The interest is to learn and grow skills that help on problem solving in the aggregate.
Copyright © 2010 - 2022 Dean T. Carson II, C.P.A.. All rights reserved.
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Full Range CPA & Consulting Services in NY, CT, MA & TX, Select Services in other States by Inquiry / Fluent in Spanish
ph: 917-300-5190
alt: 917-231-7855
dean