Somich & Associates CPAs

10/08/2026

Please join us in welcoming Carmen Jurick to Somich & Associates!

Carmen joins our team as our new Client Service Coordinator, where she will play an important role in supporting our clients and helping ensure a positive experience with our firm.

We’re excited to have Carmen on board and look forward to all she will bring to our team!

Welcome to team, Carmen!

10/07/2026

We’re looking forward to hosting the Mentor Area Chamber of Commerce Monthly Luncheon at Somich & Associates!

Join us for Planning the Next Chapter: Smart Succession Strategies, a conversation focused on preparing your business for what comes next.

📅 Tuesday, October 27
⏰ 11:45 AM to 12:45 PM
📍 Somich & Associates | 38879 Mentor Avenue, Willoughby

Click the link below for more details and to register:
https://business.mentorchamber.org/events/details/macc-monthly-luncheon-planning-the-next-chapter-smart-succession-strategies-7338

Your business has a future. Have you planned for it? What happens when it s time to step back? Who takes the reins? What stays the same and what needs to change? Join us October 27th for Planning the Next Chapter: Smart Succession Strategies, a candid panel discussion about the real side of successi...

10/02/2026

Investment decisions can have tax consequences that are easy to overlook.

Which shares you sell, when you realize a large gain, potential exposure to the Net Investment Income Tax, state taxes, and even which assets you transfer to family members can all affect your overall tax picture.

In our latest article, Tax Planning Tips for Managing Your Investments, we look at several strategies to consider when managing your portfolio and why thinking about taxes before making a significant transaction can help you identify opportunities and avoid surprises.

Read the full article: https://somichcpa.com/tax-planning-tips-for-managing-your-investments/

Tax planning tips for managing investments, including capital gains, cost basis, NIIT, state taxes, and transferring appreciated assets.

09/29/2026

We're continuing our campus recruiting tour today with stops at Ashland University and Lake Erie College!

We're looking forward to connecting with accounting students, sharing insights into public accounting, and discussing career opportunities at Somich & Associates.

If you're attending today's events, stop by and meet our team. We'd love to connect!

09/25/2026

Congratulations to Mel on her acceptance into the 2026–2027 Leadership Lake County Signature Program!

This program brings together leaders from across Lake County to strengthen their leadership skills, build meaningful connections, gain a deeper understanding of our community, and explore opportunities to make a lasting impact.

We look forward to seeing Mel grow through this experience, connect with fellow leaders, and bring new perspectives to the organizations and communities she serves.

Congratulations, Mel! Wishing you a great year ahead!

Learn more about the Leadership Lake County Signature Program: https://www.leadershiplakecounty.org/signature-program

09/23/2026

A second job, freelance work, or a growing side business can mean more income, but it can also bring new tax considerations.

How you are paid, how much is withheld, whether estimated tax payments are needed, and how you track expenses can all affect your tax situation.

In our latest article, we break down what to consider when adding another source of income and why a little planning during the year can help prevent surprises at tax time.

Read the full article: https://somichcpa.com/the-tax-side-of-earning-extra-income/

More Income, More Tax Considerations: What to Know Before Taking on Extra Work Whether you pick up a second job, start freelancing, or turn a side project into an additional source of income, earning more can be a great opportunity. But additional income can also change your tax situation. Understan...

09/17/2026

Last night, members of our team had the opportunity to attend the NorthCoast 99 Awards Dinner and celebrate alongside some of Northeast Ohio’s top workplaces.

Being recognized as a first time NorthCoast 99 winner is especially meaningful because it reflects the people and culture we continue to build at Somich & Associates. Our growth would not be possible without the talented people who show up every day, support one another, serve our clients, and continue to make our firm better.

Thank you to our entire team for everything you do and congratulations to all of this year’s NorthCoast 99 winners. We’re grateful to be among such an outstanding group of Northeast Ohio organizations!

09/16/2026

We've enjoyed kicking off this year’s campus recruiting season at Baldwin Wallace University and John Carroll University’s Meet the Accountants events!

It was great connecting with accounting students, sharing more about life in public accounting, and discussing the career opportunities available here at Somich & Associates.

Tomorrow, we’re back at it! We look forward to attending Meet the Accountants Night at both Cleveland State University and Kent State University. If you’ll be there, stop by and meet our team!

09/15/2026

Small tax decisions can make a bigger difference than you might think.

Adjusting your withholding, increasing retirement contributions, using an HSA, contributing to a 529 plan, or simply reviewing how a recent life change affects your taxes may create savings that add up significantly over time.

The key is not waiting until tax season to start thinking about your tax situation.

In our latest article, we look at several practical tax planning opportunities worth reviewing each year and how small adjustments today can contribute to a stronger financial future.

Read the full article: https://somichcpa.com/simple-tax-planning-strategies-for-long-term-savings/

Tax planning does not always require a complicated strategy. In many cases, relatively small decisions made throughout the year can improve your tax position, strengthen your finances, and create meaningful benefits when repeated over time. Here are several areas worth reviewing as part of your annu...

09/10/2026

Bronson is a senior and Senior Class President at Perry High School and is joining our team through Perry’s Learning Through Internships program.

Over the next several months, Bronson will spend time with our team gaining firsthand experience inside a professional CPA firm. He’ll have the opportunity to explore different areas of public accounting, learn how our team works together to serve clients, and contribute to special projects along the way.

We believe some of the best ways to learn happen outside of the classroom, and we’re glad to have the opportunity to help students like Bronson explore potential career paths and experience the accounting profession firsthand.

Welcome to the team, Bronson! We’re looking forward to having you with us and being part of your experience.