Law Firm CPA
A CPA who understands law firm finance.
Tax preparation, bookkeeping, payroll, and IOLTA-aware accounting for Colorado Springs solo attorneys and small firms — with year-round advisory support.
Who We Serve
Built for attorneys and small firms.
Law firms have specific accounting requirements — IOLTA trust accounting, contingency fee timing, partner draws, and entity structure decisions all materially affect compliance and after-tax income. We've worked with Colorado attorneys for over 40 years and know how the books should look.
Practices We Work With
Built for practices like yours.
- Solo practitioners
- Small partnerships and PCs
- Family law and estate planning
- Personal injury and contingency firms
- Real estate and business attorneys
- Of-counsel and 1099 attorneys
Tax Issues We Solve
Common challenges we handle.
IOLTA Trust Accounting
Client trust funds must stay separate, reconciled, and never commingled. We set up books that keep you compliant with Colorado bar rules.
Contingency Fee Timing
Income recognition on case settlements and litigation costs handled the right way — including capitalized advanced costs.
S-Corp Salary Strategy
Reasonable comp for owner-attorneys is an IRS focus. We benchmark and document salary vs. distribution splits.
Partner Draws & K-1s
Guaranteed payments, draws, capital accounts, and K-1 allocations cleanly tracked for partnerships and PCs.
1099-NEC Reporting
Of-counsel attorneys, expert witnesses, and contractors all need accurate 1099-NECs filed on time.
Multi-State Practice
Bar admissions and case work across state lines — we handle the multi-state returns and credits.
Why Lockhart
Why practices choose us.
Trust-Account Aware
We understand IOLTA rules and the bookkeeping discipline they require.
Year-Round Advisory
Tax and structure questions answered throughout the year, not just at filing time.
Coordinated Services
Bookkeeping, payroll, and tax prep handled by the same CPA team.
Local & Family-Led
Colorado Springs CPAs since 1984, moving to Interquest in June 2026.
Let's talk
Ready to simplify
your finances?
From tax preparation to consulting and business formation, our Colorado Springs CPAs are here to help your business and family thrive.
Colorado Springs, Colorado
Mon–Thu: 9am–3pm