Industry Focus: Professional Services
Advisors who understand your advisory business.
Law firms, architecture studios, and consulting practices have unique capital structures and partnership dynamics. We provide the financial clarity needed to manage compensation, mitigate taxes, and plan for succession.
Built on Human Capital
In professional services, the primary asset goes home every night. Managing a practice requires balancing the immediate tax implications of partner distributions with the long-term need for working capital and transition planning. As a professional services firm ourselves, we possess an intimate understanding of the operational and tax realities our peers face.
Partner Compensation
Structuring tiered compensation models, managing guaranteed payments, and navigating self-employment tax optimization.
Entity Structure
Analyzing the ongoing benefits of PLLCs vs. S-Corporations as firm size, liability profiles, and state tax laws evolve.
Succession & Buy-Sell
Valuating the practice and structuring buy-ins for new partners and buy-outs for retiring founders.
Cash Flow Management
Smoothing the predictable variability of professional service revenue cycles through disciplined distribution models.
State & Local Nuances
For firms operating in Washington State, navigating the Service and Other Activities B&O tax classification, apportionment for out-of-state clients, and local city taxes requires constant vigilance to prevent margin erosion. We manage SALT compliance proactively.
