(512) 291-9955 info@hnbcpa.com

CERTIFIED PUBLIC ACCOUNTANT

Expert Bookkeeping & Tax Services for Legal Leaders

Financial peace of mind for attorneys in Austin, TX

Schedule Your Law Firm Financial Consultation

Schedule an Introductory Consultation to Learn More
New Business Appointments are available April 25 – December 15

Strategic Financial Management for Law Firms

At Hemingway & Buchanan, CPA, PC, we understand that Austin attorneys face unique financial challenges that traditional accounting services cannot address. For over 30 years, we’ve specialized in helping Texas law firms transform their financial management from a burden into a strategic advantage. Our team of legal-focused CPAs allows you to focus on billable hours and client matters while we manage your firm’s finances with precision. We offer expert handling of trust accounts and client funds in full compliance with State Bar of Texas requirements, along with customized tax strategies specifically for legal practices.

As one Austin family law attorney recently told us, “Working with Hemingway & Buchanan, CPA, PC, team has been the best financial decision our firm has made—they understand the nuances of legal accounting in ways our previous bookkeeper never did.”

Services we provide include the following:

  • Post expenses and track matter-based costs

  • Reconcile operating and trust accounts (IOLTA compliance)

  • Generate comprehensive income statements

  • Generate balance sheets with proper liability classifications

  • Clean up your general ledger and correct account classifications

  • Track billable hours vs. collections ratio

  • Prepare and distribute year-end 1099s to contract attorneys and vendors

  • Entity selection & restructuring for optimal legal practice structure

  • IRS representation and audit support

  • Client cost advance tracking and reconciliation

  • Legal practice profitability analysis by practice area

  • Partner compensation and profit distribution calculations

  • Financial data migration for law firm mergers or splits

★★★★★

Trusted by Austin Legal Professionals

I’ve used Jeanine Hemingway, CPA for several years now for tax filing needs and also bookkeeping for my business. Jeanine and her team are wonderful to work with and quick to reply. I highly recommend them for your CPA and accounting needs!

Alyce Zawacki
Business Attorney in Austin

Why Choose Us?

  • 30+ Years of Expertise: Our seasoned professionals bring decades of experience to your financial challenges.
  • Client-Centric Approach: Your success is our priority—we tailor our services to meet your specific needs and goals.

Don’t let financial complexities hold your business back. Take the first step towards financial clarity and success today. Discover how our expert bookkeeping and tax services can propel your business forward.

512-291-9955