← Podcast

Tax Tips for Attorneys with Jayden Doye CPA

Patrick Carver Patrick Carver · Host
February 15, 2023 30 min Podcast
Apple Podcasts YouTube Audible

Attorneys are well-versed in the law — but tax strategy is a different discipline, and it can make a significant difference in what a firm actually keeps. In this episode of The Optimized Law Firm Podcast, Patrick Carver is joined by CPA Jayden Doye to walk through the tax strategies that can meaningfully improve law firm profitability.

From entity structure to retirement planning to deductions most attorneys overlook, this episode is a practical guide to keeping more of what you earn.

Topics Covered

  • The most commonly missed tax deductions for law firm owners
  • How entity structure (S-Corp, LLC, sole proprietor) affects your tax bill
  • Retirement plan options that reduce taxable income while building long-term wealth
  • Home office and vehicle deductions for attorneys who qualify
  • Quarterly estimated tax payments and how to avoid underpayment penalties
  • When to hire a CPA versus handling taxes yourself

Key Takeaways

  • Entity structure is often the highest-leverage tax decision a law firm owner makes. Many attorneys leave thousands on the table annually by not optimizing this early.
  • Proactive tax planning — done throughout the year, not just at filing time — consistently outperforms reactive tax preparation. The goal is to minimize the surprise, not just file correctly.
  • Maxing out a SEP-IRA or Solo 401(k) is one of the most effective tools for reducing taxable income while building wealth for attorneys who are eligible.

About Jayden Doye

Jayden Doye is a CPA who specializes in working with attorneys and law firm owners. He helps legal professionals navigate tax strategy, entity structure, and financial planning to maximize profitability and minimize unnecessary tax burden.

Patrick Carver

Do You Want To Consistently Generate More Cases?

Got 15 minutes? Let me review your current metrics and provide a forecast of your potential growth based on our client results.

Schedule a FREE Consultation