Accounting for Lawyers in Sydney

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Accounting & Bookkeeping Services for Lawyers & Legal Professionals

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Expert Accounting for Law Firms – Stay Focused on Your Legal Practice

As a lawyer or legal professional, managing your firm’s finances can take time away from serving your clients. At Trinity Accounting Practice, we provide specialised accounting, bookkeeping, and taxation services for law firms and legal professionals, ensuring compliance while maximising profitability.

With over 22 years of experience, we understand the unique financial and regulatory requirements of the legal industry. Our accountants help lawyers, solicitors, and firms streamline financial management, improve tax planning, and remain compliant with both ATO and Law Society standards.

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Why Lawyers Need Specialised Accounting Services

Legal practices face distinct financial challenges, including:

• Trust account compliance and reconciliation
• Management of legal retainers and fee structures
• GST, BAS, and income tax compliance
• Payroll processing for partners, associates, and staff
• Expense tracking and profit distribution

We provide accounting solutions that optimise financial performance while ensuring compliance with regulatory bodies.

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Bookkeeping & Payroll Services for Law Firms

Accurate bookkeeping is critical to maintaining compliance and efficiency in a law firm. Our services include:

• Trust accounting and Law Society compliance
• Payroll management for partners, associates, and support staff
• BAS, GST, and PAYG reporting
• Expense tracking and financial reporting
• Xero and MYOB cloud-based accounting systems

By automating bookkeeping processes, law firms can reduce administrative burdens and focus on delivering legal services.

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Taxation Services for Lawyers & Legal Professionals

Tax compliance in the legal industry requires a strategic approach. Our tax services include:

• Annual tax returns for sole practitioners, partnerships, and incorporated law firms
• Tax structuring and advisory services
• Maximising deductions for business expenses, rent, and professional development
• ATO compliance and audit support
• Superannuation and retirement tax planning

We ensure law firms minimise liabilities and remain compliant with ATO requirements.

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Financial Management & Business Advisory for Law Firms

Beyond compliance, we provide financial management and business advisory services to improve profitability and growth:

• Profit and loss analysis for better financial planning
• Trust fund and retainer account management
• Structuring advice for legal practices
• Budgeting and financial forecasting
• Revenue optimisation and payment processing solutions

With Trinity Accounting Practice, law firms gain financial clarity and long-term stability.

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Why Choose Trinity Accounting Practice?

• Specialists in legal accounting and trust compliance
• Over 22 years of experience supporting law firms and legal professionals
• Certified Xero and MYOB advisors
• Weekend and after-hours appointments available
• Tailored financial and tax planning solutions for law practices

We manage your accounting and taxation so you can focus on delivering expert legal services.

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Contact Us for a Free Consultation

👉 Trinity Accounting Practice
✅ Accounting Firm in Beverly Hills
📍 159 Stoney Creek Road Beverly Hills NSW 2209
☎️ 02 9543 6804
🌐 www.trinitygroup.com.au
📅 Weekend & after-hours appointments available!
📅 Booking Link https://calendly.com/ramy-hanna

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Let Trinity Accounting Practice manage your law firm’s accounting while you focus on practicing law with confidence.

📌 Learn more about our services: https://www.trinitygroup.com.au/services
📌 Discover the industries we specialise in: https://www.trinitygroup.com.au/niches
📌 Read more tax and accounting tips: https://www.trinitygroup.com.au/explore-learn

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