Mr. Gormakh is a highly qualified accounting professional with over 20 years of experience providing full-charge bookkeeping, incorporation, payroll, and tax preparation services to clients in New York. Over the years, he has assisted lawyers and law firms in connection with general bookkeeping matters, reconstruction of escrow and operating account records, grievance committee audits, and various tax issues.
As law firm escrow account breaches continue to impact law firms, one expert suggests external accountants. The New York Law Journal reports that a trusts and estates lawyer in Albany who was a senior partner at Barclay Damon was charged last week with defrauding and stealing money from clients as well as his own law firm. He […]
Second-Largest Single-Year Payout by Lawyers’ Fund For Client Protection Emphasizing the need for proper law firm accounting, the New York Law Journal reports that the New York Lawyers’ Fund for Client Protection, which reimburses clients who have suffered financial losses caused by lawyer misconduct, paid more than $10 million last year, the second-largest single-year payout […]
The Tax Cuts and Jobs Act of 2017, which brought about a host of changes that have affected lawyers in a number of ways.
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