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
Looking Ahead to 2026 and Major Tax Law Updates
As we move closer to 2026, taxpayers are beginning to feel the impact of recently passed tax legislation that builds on the foundation of the 2017 Tax Cuts and Jobs Act. This new law extends several key provisions, introduces temporary deductions, and adjusts certain...
Steps to Help You Avoid a Tax Surprise
As the year winds down, now is the perfect time to review your tax situation and take steps that could reduce your bill come filing season. A proactive review can help you make smart adjustments before the year closes — and minimize any unpleasant surprises in the...
Beyond Wills and Beneficiaries — The Often Missed Parts of Estate Planning
When most people think about estate planning, they focus on the basics: writing a will, naming beneficiaries, and choosing an executor. While those are essential steps, they only cover part of the picture. A complete estate plan should go further, helping your loved...