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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.

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    Insights

    IRS Phasing Out Paper Refund Checks in Favor of Electronic Payments

    IRS Phasing Out Paper Refund Checks in Favor of Electronic Payments

    The IRS has announced that it will begin phasing out paper refund checks for individual taxpayers starting at the end of September 2025. Full guidance for the 2025 tax year will be released ahead of the 2026 filing season. This change supports the federal government’s...

    The Retirement Tax Trap – and How to Avoid It

    The Retirement Tax Trap – and How to Avoid It

    You’ve spent years building your retirement savings, confident that your IRAs and 401(k)s will support a comfortable future. But lurking inside these accounts is a hidden challenge: taxes. Without a plan in place, those tax obligations can shrink your retirement...

    The Truth About Common Tax Myths

    The Truth About Common Tax Myths

    Tax myths spread quickly and can cause costly mistakes or missed opportunities if you are not careful. Here are some of the most common misconceptions we hear, along with the reality and practical tips to help you stay on track. Myth: Moving into a higher tax bracket...

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