Architecture and Engineering (A/E)
Professional Services
As a professional services firm, your clients are expecting more from you every day. Your employees are working harder than ever, stretching the limits of their work-life balance. While meeting client demands is a necessity, so is modernizing your workplace in order to better support their needs.
Our Professional Services Industry Expertise
Creative Agencies Services
Law Firms
Staffing and Consulting Businesses
Professional Services Industry Challenges and Trends
Your clients are the foundation of your business. Ensuring their happiness is your main priority. Measuring their satisfaction while correcting where you’re falling short will help you not only sustain your business but grow it too.
Learn MoreDigital solutions create a smarter way of doing business. Digitizing operations enhances client service and experience. Implementing cloud-based solutions increases efficiency and collaboration. Utilizing the right technology will help you do more with less.
Digital Workplace SolutionsSteady cash flow is a constant challenge for professional services firms. There’s a time lag between cash going out for operational costs and coming back in as your clients make payments. Implementing the right processes and controls can help alleviate the strains this puts on your business.
Learn MoreIn this highly-competitive environment, you’re seeing declining margins, so reducing overhead is becoming especially important. Keeping talent with experience in US GAAP, government accounting compliance regulations, FAR or DCAA takes away valuable time you can spend on running your business.
Outsourced Accounting Systems and Services (OASyS)Finding the leaders of tomorrow can be difficult. Building the plan for that transition is just as hard. Professional service firms are constantly evaluating their talent and succession plans to ensure the longevity of their business for years to come.
Succession Planning for Small Business ExecutivesProfessional Services Insights
What Law Firms Need To Know About Section 70202: No Tax on Overtime
At first glance, law firms may assume the new Section 70202: No Tax on Overtime rules are irrelevant to them – but that could be a costly mistake. It’s part of the One Big Beautiful Bill Act, commonly referred to as the OBBBA or OB3, and it allows an above-the-line deduction for qualified overtime compensation…
Navigating an IRS Audit: Preserving Attorney-Client Privilege and Ensuring Compliance
When an attorney’s client receives an IRS audit notice, the process can feel overwhelming. It is essential to act strategically to protect attorney-client privilege while meeting all compliance requirements. Failure to do so can result in serious legal and ethical consequences. Below are key considerations for navigating this process effectively. Key Considerations Start by supplying…
Why Fast-Growing Marketing Agencies Are Turning to Outsourced CFO Services
In the dynamic world of marketing, creativity and strategy reign supreme. But behind every successful campaign and client win lies a financial engine that must run smoothly to support growth. As marketing agencies scale rapidly, many are discovering that traditional financial management models no longer meet their evolving needs. Enter outsourced CFO services – a…
Law Firms Face Additional Complexity in Sourcing Billable Hours
Understanding how to properly source billable hours for tax purposes is crucial for law firms, particularly due to the varying rules across different states. The Washington Court of Appeals has clarified that litigation receipts should be sourced to the venue of the case, while consultation services should be sourced to the client’s location. This nuanced…
How PEOs Can Maintain ESAC Accreditation With Confidence
For PEOs, obtaining ESAC Accreditation is more than a one-time achievement. It’s a continuous process that requires vigilance, expertise, and strategic support. PEOs must constantly monitor their compliance status, ensuring that all aspects of their operations meet the stringent requirements set by ESAC. This vigilance helps build trust with clients, as they can be confident…
Professional Services Accounting Services
- Audit and Attest
- Tax Consulting and Compliance
- Profitability analysis
- Budgeting and forecasting
- Cash flow management
- Internal control review
- Pension and profit-sharing plans
- Business succession planning
- Estate planning
Professional Services Advisory Services
- Operations review
- Business valuation
- Information systems consulting
- Bank financing assistance
- Mergers and acquisitions
- Partners and employee compensation plans
- Forensic/fraud services
- Litigation support services
- Process Automation
Why Professional Services Firms Choose Withum
Digitizing operations is now a priority, allowing employees to work more collaboratively and effectively. Succession planning and employee flexibility are changing the way you view and conduct business. Whether you’re looking to maximize operating efficiency, maintain profitability or nurture meaningful client relationships, Withum can help you stand tall above the competition.
Connect with Our Professional Services Leaders
Industry Leader, Partner, Practice Leader
Orlando, FL
Partner
Red Bank, NJ
Partner
Princeton, NJ – Corporate Headquarters
Principal
Washington, DC
Partner
San Francisco, CA
Partner
East Brunswick, NJ
Partner
Washington, DC
Contact Us
For more information or to discuss your business needs, please fill out the form and a member of our team will connect with you timely.