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
Tip and Overtime Tax Breaks Require Your Attention
The recently passed One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduced two major tax breaks that could benefit millions of workers: No Tax on Tips and No Tax on Overtime. While both provisions offer potential savings, there are still...
New Tax Law Lightens Compliance for Small Businesses
The recently passed One Big Beautiful Bill Act of 2025 (OBBBA) brings a number of updates designed to benefit small businesses by expanding tax incentives and simplifying some reporting requirements. Below is an overview of the most notable provisions. Form 1099...
The Hidden Costs of Back-to-School Season
You’ve stocked up on notebooks, pencils, and glue sticks, and survived the school supply shopping rush. But the truth is, those are only the starting costs of the school year. Beyond the supply list, there are plenty of hidden expenses that can add up quickly. Here...