Tax Services
Currently Filing Individual and Corporate Taxes
Somich & Associates helps individuals save money on taxes through careful tax preparation and planning. It is also important to us to educate you throughout the process to make sure you fully understand your filing and how to prepare for filings in years to come.
If you’re suffering from tax problems, have an IRS audit or unresolved notices, we can help with that as well. Don’t wait, these issues do not go away on their own.
At Somich & Associates we also offer a wide range of tax services for small to mid-sized businesses. We take a realistic approach to making your small businesses successful.
We help you manage your cash flow, develop practical budgets and select entities that will bring you the most tax advantages based on the type work you do. Our valuable insight will not only allow you to manage your finances better but will guide your business to long-term growth and increased profitability.
Discover how working with a seasoned CPA firm with a solid understanding of how your business operates can develop strategies that will help you achieve your goals.
Looking for Something?
If you can’t seem to find what you’re looking for or have a questions about our services please schedule a quick phone call by clicking the button below and we can help you get the information that you need.
Insights
Tax Efficient Retirement Requires Planning
Putting off distributions and holding assets in your retirement accounts as long as possible may seem like a good idea, but waiting too long can cause a major tax problem. When you reach age 73, the trigger requiring minimum distributions (RMDs) from qualified...
Tax Planning Triggers
Here are some tips that should trigger you to conduct a full tax planning session to ensure your tax bill next year is not higher than it needs to be. 1. You owed tax last year. If you have not adjusted your withholdings, you could be in for a big tax bill. Time...
Save Those Receipts!
When it comes to taking qualified deductions on your tax return, having proper documentation to prove your expenditure is a must. Here are some typical areas where taxpayers often fall short, costing them plenty during tax filing season and during IRS audits: Cash...