A tax CPA in Houston discusses various solutions that Attorneys and law firms can use. Law firms and solo practice attorneys are a specialty area of corporate and partnership tax. Law firms will typically operate on a cash basis of tax accounting, which means that they report income when they collect their fees from clients or resolution of a court proceeding. Fees are normally charged either on an hourly basis or on a contingency fee basis, although some firms also use a hybrid of hourly and contingency billing methods.Corporate tax …