Any suggestions for big deductions for solo or small firm personal injury lawyers? I hope to put money back in the business in a way that adds value to the firm but is not too time-consuming, such as hiring and training a new employee, since I'm limited with time. While I seek big deductions for tax purposes, I do not want to squander the money. Outside of new technology, practice management software, I am running out of ideas. Perhaps a personal injury law consultant? Ads? Thanks.

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SEO, social media campaigns, and social media content creation can be a great expense that has an unlimited pool to drop money into.

You can also pay yourself a large performance bonus; taking a nice vacation or buying yourself a nice gift with it can be a fantastic value add investment in yourself and your firm 😎

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