We Practice The Business Of Law
ABOUT US
We enjoy working with small business owners and having a positive impact on their business. After several years of providing bookkeeping and payroll for many types of businesses, we identified a significant opportunity to help law firms. Many of our clients are outstanding attorneys with little desire to deal with or manage the business aspects of their firm. By applying basic business principles, we are able to help their firms be more efficient and profitable. Our three main services are bookkeeping, payroll and financial repair & improvement.
JOHN GUZOWSKI
After 7 years as a CPA in public accounting that began at Deloitte, John started his first business providing CFO services to venture capital funded start ups. As markets changed and opportunities appeared he spent 15 years as a CFO or founder of multiple healthcare and legal support companies. John created Abacus to fill the national void of specialized financial services for law firms. He enjoys fixing problems and helping lawyers (business owners) achieve their financial goals.
CHARLIE FEEHAN
Charlie spent the first 18 years of his career as a sales, brand management and sales leadership for a global pharmaceutical firm. After leaving the pharmaceutical industry, Charlie opened and operated numerous small businesses throughout the Atlanta area. In 2014 Charlie’s career pivoted once again, as he and John saw a great need in the legal industry. Abacus Advisors today is the result of that decision.
BOOKKEEPING
Whether you are starting a new law firm or have found yourself spending too much time keeping your books clean, Abacus Advisors can provide a comprehensive bookkeeping solution. Through technology we are able to keep your books up to date in order to monitor cash flow, IOLTA accounts and Client Expenses. There is too much to risk by not keeping IOLTA accounts reconciled and segregated by client.
Additionally when Client Expenses are not properly tracked, they are likely not always going to get reimbursed upon settlement. We understand law firms and have standard accounting procedures that have been optimized over many years that we implement. Our ultimate goal is to assist our clients in using their financial statements as a business tool beyond keeping track of their income tax liability.
BOOKKEEPING SERVICES
- Bank Reconciliations
- Credit card transaction entry and reconciliation
- Payroll processing and recording
- Bill Pay (payment of vendor invoices and client expenses)
- IOLTA Account reconciliations
- Client Expense reconciliations
PAYROLL
Most payroll companies charge you a fee to run your payroll on a set schedule. The problem with that is that you end up doing most of the work by entering and updating employee information and coding payrolls. At Abacus Advisors, we think you have a better use of your time – namely working on behalf of your clients.
We take the work out of payroll by providing you a single point of contact for all things payroll. Gone are the days of logging into a portal and dealing with employee changes to their withholding amounts. We do all of that for you.
All of this comes with the service level you would expect from Abacus Advisors. You deal with the law; we’ll deal with the business.
PAYROLL SERVICES
- All entry of payroll and employee updates
- Instant cloud-based payroll, reporting
- Paystubs with employee access
- Complete federal, local, & state tax management
- Direct deposit and/or pay cards for all employees
- New hire reporting
- Quarterly & year end payments & filings
- Vacation & sick accrual tracking
- W-2 and 1099 development and mailing
FINANCIAL REPAIR & IMPROVEMENT
We have been providing CFO Services for over 15 years as full-time, part-time and project- based CFOs. We have several clients that need CFO services one day per week to augment their existing accounting staff.
FINANCIAL REPAIR & IMPROVEMENT SERVICES
- Cash flow management
- Budgeting and forecasting
- IOLTA account clean up
- Case metric analysis
- Outgoing referral tracking
- Permanent document control
- Line of credit restructuring
- Strategic Planning
- Partner Associate Paralegal Analysis
Whether you are starting a new law firm or have found yourself spending too much time keeping your books clean, Abacus Advisors can provide a comprehensive bookkeeping solution. Through technology we are able to keep your books up to date in order to monitor cash flow, IOLTA accounts and Client Expenses. There is too much to risk by not keeping IOLTA accounts reconciled and segregated by client. Additionally when Client Expenses are not properly tracked, they are likely not always going to get reimbursed upon settlement. We understand law firms and have standard accounting procedures that have been optimized over many years that we implement. Our ultimate goal is to assist our clients in using their financial statements as a business tool beyond keeping track of their income tax liability.
Bank Reconciliations Credit card transaction entry and reconciliation Payroll processing and recording Bill Pay (payment of vendor invoices and client expenses) IOLTA Account reconciliations Client Expense reconciliations
Most payroll companies charge you a fee to run your payroll on a set schedule. The problem with that is that you end up doing most of the work by entering and updating employee information and coding payrolls. At Abacus Advisors, we think you have a better use of your time – namely working on behalf of your clients. We take the work out of payroll by providing you a single point of contact for all things payroll. Gone are the days of logging into a portal and dealing with employee changes to their withholding amounts. We do all of that for you. All of this comes with the service level you would expect from Abacus Advisors. You deal with the law; we’ll deal with the business.
All entry of payroll and employee updates Instant cloud-based payroll, reporting Paystubs with employee access Complete federal, local, & state tax management Direct deposit and/or pay cards for all employees New hire reporting Quarterly & year end payments & filings Vacation & sick accrual tracking W-2 and 1099 development and mailing
We have been providing CFO Services for over 15 years as full-time, part-time and project- based CFOs. We have several clients that need CFO services one day per week to augment their existing accounting staff.
Cash flow management
Budgeting and forecasting
IOLTA account clean up
Case metric analysis
Outgoing referral tracking
Permanent document control
Line of credit restructuring
Strategic Planning
Partner Associate Paralegal Analysis
Abacus Client Testimonials
Shiver Hamilton
Jeff Shiver
Fried Rogers & Goldberg
Joe Fried
Benzo Law
Tracee Benzo
Kalka & Baer
Parast Law
The Cochran Firm
Tony Kalka
Shean Williams
Sheila Parast
Fried Rogers & Goldberg, Partner, Joe Fried
“I started working with Abacus when I broke off from my old firm and was practicing solo. They did an awesome job for me then – COST EFFECTIVE, ACCURATE AND ATTENTIVE. When Fried Rogers Goldberg formed, Abacus grew with us. We redefined their role so that we could continue to leverage their expertise. I HIGHLY RECOMMEND ABACUS to any small firm.”
Shiver & Hamilton, Partner, Jeff Shiver
“Abacus Advisors has been with us since day one. I can't imagine trying to build a law firm and litigate our cases without them. Knowing that our firm's books are on solid footing provides peace of mind. Whenever lawyers are telling me they are starting a law firm, my first advice is to tell them to call Abacus Advisors. They are technically proficient, responsive and great to work with.”
Kalka & Baer, Partner, Tony Kalka
“Abacus provides our firm a value-added service that is essential to our success. When I refer an advisor to a colleague, I take a risk that they won’t have the same positive experience. After many years of suggesting to multiple new law firms that they should use Abacus Advisors for their bookkeeping, everyone that took my advice is very satisfied.”
Benzo Law, Partner, Tracee Benzo
“I engaged Abacus Advisors when I started my firm in 2015 for bookkeeping services. Our relationship has continued to grow over time to include payroll, human resources, and consulting services. Abacus Advisors consistently provides excellent service and support, and I greatly value the contribution they make to my growing firm.”
Parast Law, Founder, Sheila Parast
“I can say with certainty my firm would not be here without the guidance and services Abacus has provided throughout our three years of working together. I initially thought my needs were short-term and I would eventually be managing everything myself- but the value I receive with their team far outweighs the negligible monthly fee for the services. In fact, sometimes I feel I am getting more than what they surely bargained for as I can be known as a “unique” client with “unique” situations. I am happy to say the entire Abacus team is always happy to help and I never feel they are too busy for me- nor do they make me feel like the problem client I think I am. Their team is thorough, comprehensive, knowledgeable and prompt. I have never been this satisfied with any partnering vendors my firm uses. I appreciate them so much because with their help I can do what’s important to me -which is practice law and not worry about bookkeeping!”
The Cochran Firm, Partner, Shean Williams
“We began working with Abacus Advisors 3 years ago, and our initial engagement with them was to perform a financial audit and report. Through the reporting and audit performed by Abacus we were better able to determine where and how to focus our financial efforts. We have enhanced our engagement level with Abacus over the years, and our firm has greatly benefited as a result.”
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