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Huddleston Tax CPAs | Accounting Firm In Seattle

Huddleston Tax CPAs | Accounting Firm In Seattle

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law

close up of a person's torso holding a tablet with a graph popping out

May 3, 2025 By john

Handling the Tax Implications of Retainers for Law Firms

Let’s face it—as a lawyer, you probably didn’t dive into law school to manage numbers and financial records. But proper legal accounting, especially when it comes to handling client retainers, is a non-negotiable part of running a successful and compliant law practice. Mishandling client funds can

Filed Under: law

a splash of pink water formulating a crown in the splash

December 12, 2024 By john

The Sixteenth Amendment & the Issue of State Sovereignty

In today's complex tax landscape, understanding the historical foundations of our federal tax system is crucial for both businesses and individuals. The Sixteenth Amendment, while over a century old, continues to shape modern tax policy and significantly impacts how businesses and individuals are

Filed Under: law

man walking with a briefcase from the torso down

May 5, 2024 By john

Law Firm Bookkeeping

Running a successful law firm goes beyond just winning cases. Just like any other business, law firms require meticulous financial management to ensure smooth operations and growth. We understand the unique challenges law firms face when it comes to bookkeeping. That's why we offer a comprehensive

Filed Under: law

black and white photo of 3 business people with their backs to floor to ceiling windows

April 28, 2024 By john

What Is An Unconscionable Transaction?

Imagine this nightmare scenario: you land a new client, celebrate the win, then get hit with a lawsuit claiming your contract is "unconscionable." Suddenly, that client relationship feels more like a legal battle. Unconscionable Contracts Explained An unconscionable contract is a fancy legal

Filed Under: law

close up of a judge's gavel

April 26, 2024 By john

Why Your Law Firm Needs an Accountant Who Speaks Lawyer

Between managing complex cases, keeping clients happy, and staying ahead of the legal curve, the last thing you need is another headache – namely, your finances. Here's where a specialized law firm accountant steps in, becoming a game-changer for your firm's success. Law firms present a unique

Filed Under: law

pen and notepad in front of laptop with code on display screen

May 21, 2021 By john

Do Not Undervalue Tech For Your Law Firm

There are some small to mid-sized law firms that make the mistake of believing that improved technology will not benefit their practice. Consequently, they and their staff spend valuable time caught in outdated processes that should have been automated months or even years ago. Increasing

Filed Under: law

October 18, 2017 By john

A Basic Introduction to Reverse Section 1031 Tax Deferred Exchanges

Here on HTW, we’ve spent considerable time and effort exploring the complexities of Section 1031 tax deferred exchanges. And this is for good reason: if performed correctly, a 1031 like-kind exchange can be an extremely useful wealth maximization tool. Like-kind exchanges not only allow taxpayers to

Filed Under: law

December 9, 2016 By john

A Note on Direct & Indirect Taxes

In recent installments, we have discussed some of the legal and political issues surrounding the income tax. Upon reviewing these installments, there can be little doubt that the history of taxation in these United States is quite complex. Though the Congress has always had a power to tax, the

Filed Under: law

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