S03E112 Strategic Tax Planning Tips with Emil Abedian

Numbers don’t build a law firm, owners do. This conversation with Emil, a CPA who serves only solo and small firms, shows how to replace once-a-year tax prep with a clear, repeatable system for growth. We pull back the curtain on what separates firms that double from those that stall: clean monthly books, a true owner mindset, and a proactive tax plan that turns the code into cash flow.

We start with the biggest blind spot in small practices: running the firm from the bank balance. Emil explains how accurate bookkeeping and quarterly reviews transform guesses into decisions, hiring with confidence, allocating marketing as an investment, and measuring trends before they become problems. A real-world story of two partners who built for scale on day one reveals the power of intent: design the business you want, then staff, track, and finance it like a CEO.

From there, we get tactical. Emil lays out the “PRO” framework, Plan, Roadmap, Opportunities, and shows how missed planning windows can cost hundreds of thousands. We dig into the Pass‑Through Entity (PTE) election for high‑tax states, why deadlines matter, and how a simple deposit can unlock a federal deduction. Then we go deeper on bonus depreciation, cost segregation, and the self‑rental election that allows commercial real estate losses to offset law firm income without real estate professional status. Whether you’re hiring your first associate or eyeing a building purchase, you’ll hear the timing, math, and checkpoints to make confident moves.

Reach Emil here: 
Counsel to Counsel on Amazon: https://amzn.to/3KB42ie 
https://www.linkedin.com/in/emilabedian/ 
https://www.facebook.com/people/Counsel-CPAs/61559571126044/ 

Law Firm Marketing Fix

Fix Your Law Firm’s Marketing in 10 Simple Steps

Download Your Free Checklist -> https://fix.lawmarketingzone.com/

Join our private community, Law Firm Growth Guild, Your Shortcut to Marketing Mastery and More Clients at
https://checkout.lawmarketingzone.com

Ready to level up your law firm marketing? Book a FREE Discovery Call with Marilyn Here: https://lawmarketingzone.com/bookacall

Leadership In Law Podcast with host, Marilyn Jenkins
Powered by Law Marketing Zone®
https://lawmarketingzone.com
A full-service Digital Marketing Agency helping clients increase Leads, Cases, and Profit by getting their digital marketing right.

Subscribe on your favorite Podcast listening platform!

Like, Share, and Review us!