Bookkeeping
Bookkeeping services that make sense
Businesses today need a strong network of support — from advice about tax issues and employee benefits, to assistance with technology and marketing. Somich & Associates, a Mentor, Ohio CPA firm, can be a trusted partner in that network.
As your financial advisor, we provide the accounting support you need. By focusing on ways to maximize tax savings, utilizing the most effective technologies, and maintaining a solid reputation, we support your success every step of the way.
We provide a variety of accounting, tax, and financial services to business owners across Lake County, including:
- Accounting and bookkeeping
- Tax planning
- Outsourced controllership
- Financial statement preparation
- Support for Quickbooks
- Business plan development
- Business loan assistance
- Debt restructuring
- Mergers and acquisitions
- Compilations, reviews, audits
- Incorporation and new business advisor
- Payroll processing
- IRS representation
- Budgets and financial projections
- Retirement planning
- Succession planning
- Services for individuals
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Insights
Tax Return Information That’s Easy to Miss
To ensure a smooth and error-free tax return filing, take a moment to double-check for these commonly overlooked details. These small but important items often cause delays or trigger IRS inquiries: 🔹 Missing Forms – Use your prior-year tax return as a reference to...
The Impact of IRS Layoffs
During the recent chaos of Federal employment moves over the past couple of weeks, two actions will impact how filing your tax return this year could go and how to prepare accordingly. Voluntary termination After being offered voluntary termination, approximately...
Watch Out for These Tax Myths
MYTH: /miTH/ (noun) – a widely held but false belief or idea Many myths about the IRS and the tax code have been amplified online in recent years. Here are several myths that if you believe them, could leave you with an expensive tax surprise. Myth #1: Retirement...