Accounting for Professional Service Firms

We provide financial reporting, tax strategy, and operational planning designed to strengthen professional service firms, including but not limited to legal, medical, engineering, and consulting practices.

A Resource for the Business Side of Your Firm

At Johnson Block, we understand that you are busy serving your clients and we want to respect your time and money. That’s why we spend time productively improving your financial or tax status so you don’t get bogged down in unnecessary meetings or phone calls.

JBC is experienced in the financial, operational, and management issues that affect your firm. We spend time getting to know your business, and tailor our services to address the various aspects of your business and day-to-day financial operations to help you improve performance. Because we’re a professional service firm too, we understand your unique needs, what it takes, and how to help.

Professional specialties

  • Advertising and public relations
  • Architects and engineers
  • Consulting firms
  • Law firms
  • Medical firms
  • Financial firms
  • Management firms
  • Real estate firms

Focused on Your Goals, Built Around Your Firm

Our CPAs will give you the essential information and services that you need to manage the financial side of your business proactively and promptly. Whether it’s providing proactive tax planning, ensuring compliance with tax regulations, recommending methods to improve accounting systems, or consulting on financing needs, we are a true business resource. Above all, we focus on your needs and strategic goals so you can focus on your clients and keep your business growing strong.

IRS raises the standard mileage rates for the second half of 2026

09/2/2026
The IRS raised the standard mileage rates for the second half of 2026, effective July 1, with the business rate increasing from 72.5 cents to […]

Accounting News

IRS introduces automatic penalty relief for taxpayers with a strong compliance history

08/26/2026
The IRS is replacing its First Time Abate program with a new Automatic Exemption from Penalty (AEP), which will automatically prevent certain penalties for eligible […]

Accounting News

IRS provides gift tax safe harbor for Trump account contributions

08/19/2026
The IRS just made it easier for families to fund Trump accounts without triggering an unexpected gift tax filing requirement. In Revenue Procedure 2026-25, the […]

Accounting News

Why homeowners need to track improvements before a sale or inheritance

08/13/2026
As home values rise, the federal home sale exclusion may no longer be enough to eliminate capital gains tax when a property is sold or […]

Accounting News

Cash flow forecasting as a leadership tool

08/11/2026
Most business owners rely on backward-looking financials that tell them where they have been, not where they are going. A cash flow forecast fills that […]

Accounting News

Tax mistakes new business owners make in their first profitable year

08/5/2026
Your first profitable year in business is worth celebrating. But it can also bring expensive tax surprises, especially if you’re still managing the business like […]

Accounting News

From the Blog