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CPA Services for Professional Services Firms
Accounting Expertise Built for Lawyers, Accountants, Architects & Other Professionals
Running a professional services firm comes with unique financial challenges—managing client billing, tracking project profitability, handling payroll, and navigating complex tax regulations. At Markham Norton, we specialize in accounting services for professional services businesses, providing the clarity and guidance you need to operate efficiently and grow your firm.
Why Choose a CPA Who Understands Professional Services?
Not all accountants understand the complexities of professional services firms. With years of experience working alongside lawyers, accountants, architects, and other professional practitioners, we know how to:
Accurately track billable hours, project costs, and client revenue
Simplify payroll and contractor payments for professional staff
Manage budgeting, cash flow, and operational efficiency
Ensure compliance with federal, state, and industry-specific tax regulations
Implement strategies to minimize tax liability and maximize profitability
Our Professional Services CPA Services
We offer full-service accounting solutions designed for professional services firms of all sizes:
Project Accounting & Client Billing – Monitor project profitability and ensure accurate client invoicing.
Tax Planning & Preparation – Reduce tax burden while maintaining compliance with professional and general tax laws.
Payroll & Staff Management – Streamline payroll, benefits, and contractor payments.
Financial Statements & Reporting – Receive reports tailored for partners, lenders, or investors.
CFO & Advisory Services – Make informed decisions with strategic financial guidance.
Who We Serve
We partner with professional services firms across a wide range of industries:
Law Firms & Legal Practitioners
Accounting & CPA Firms
Architecture & Engineering Firms
Consulting Firms & Advisory Practices
Marketing & Creative Agencies
Other Licensed Professional Services
Build a Strong Financial Foundation
With the right CPA by your side, you’ll spend less time worrying about accounting and more time serving your clients. Our proactive approach ensures you get more than compliance—we help you optimize cash flow, increase profitability, and plan for long-term growth.
Frequently Asked Questions About Professional Services CPA Services
Why does my professional services firm need a specialized CPA?
A CPA with professional services expertise understands client billing, project accounting, payroll, and tax strategies unique to firms like yours, ensuring accurate reporting and optimized profitability.
What tax services do you provide for professional services firms?
We handle tax planning, preparation, and compliance, helping you reduce tax liability while staying fully compliant with applicable regulations.
Can you help with project accounting and profitability tracking?
Yes. We provide detailed accounting for client projects, including labor, overhead, and billable hours, to monitor profitability.
Do you offer payroll and contractor management?
Absolutely. We manage payroll, benefits, and contractor payments while ensuring compliance with federal and state regulations.
Do you work with all types of professional services firms?
Yes. We serve law firms, accounting firms, architects, engineers, consultants, marketing agencies, and other licensed professional practices.