Business Details
23 Years
experience
Your Trusted Partner for Accounting & Tax Solutions in Cincinnati
Schmidt & Associates CPAs has been delivering comprehensive accounting and tax solutions to Cincinnati businesses and individuals since 2003. Our team combines over 70 years of CPA experience to address diverse financial needs, from foundational bookkeeping to advanced cost segregation studies and strategic business planning. We specialize in streamlining financial operations through services like payroll processing, QuickBooks implementation, and financial reporting, ensuring clients maintain compliance while optimizing profitability. Our approach emphasizes year-round financial management to create seamless tax season transitions, identifying tax minimization opportunities proactively.As a certified QuickBooks Advisor, we provide tailored software solutions that enhance financial control. Our commitment to personalized service extends to new business formations, mergers and acquisitions, and succession planning, positioning us as a trusted partner for long-term financial success. We prioritize transparency in all client interactions, ensuring clear communication and actionable insights. With our Cincinnati-based team, clients benefit from localized expertise combined with national standards of excellence. Our focus remains on delivering value through efficient accounting practices that directly improve clients' bottom lines.
Services
Accounting Services
Tax Preparation
Bookkeeping
Financial Reporting
Payroll Processing
QuickBooks Services
Tax Planning
Cost Segregation
Business Valuations
IRS Representation
Details
- Year established: 2003
Highlights and features
- We have over 70 years of combined CPA experience serving Cincinnati businesses.
- Our certified QuickBooks Advisor provides tailored software implementation and training.
- We offer year-round financial management to optimize tax season outcomes.
- Our services include specialized cost segregation studies for real estate investors.
- We provide strategic business planning for mergers, acquisitions, and succession.
Associations and certifications
- Certified Public Accountants (CPA)
- Certified QuickBooks Advisor
Services
Tax Preparation
Our tax preparation service ensures accurate and compliant filing for individuals and businesses. Certified Public Accountants analyze financial data to identify deductions and credits, minimizing tax liability. We handle federal, state, and local returns while providing year-round planning to optimize future filings.
Bookkeeping
We manage complete bookkeeping solutions including general ledger maintenance, accounts payable/receivable, and monthly financial statements. Our system eliminates internal accounting costs while maintaining real-time financial visibility. Services integrate with QuickBooks software for enhanced efficiency and reporting accuracy.
Cost Segregation
This specialized service identifies accelerated depreciation opportunities for real estate investors. Our experts conduct detailed property analyses to reclassify assets, reducing current tax burdens. Ideal for commercial property owners seeking immediate cash flow improvements through strategic tax deferral.
Business Valuations
We provide certified business valuations for mergers, acquisitions, and succession planning. Our analysis considers financial performance, market conditions, and intangible assets to determine accurate valuations. Services support strategic decision-making for business owners preparing for transitions or expansion.
QuickBooks Services
As Certified QuickBooks Advisors, we implement and optimize accounting software solutions. Services include system setup, data migration, and customized training to maximize software capabilities. We ensure seamless integration with existing financial processes for improved operational efficiency and reporting accuracy.
People
Brian Schmidt
Owner
Brian Schmidt leads Schmidt & Associates CPAs with over 20 years of accounting experience. He specializes in business tax strategy and QuickBooks implementation, focusing on practical financial solutions for Cincinnati entrepreneurs. Brian maintains CPA licensure and QuickBooks certification to ensure technical excellence.
Questions
What accounting services do you offer for small businesses?
We provide full-cycle accounting including bookkeeping, financial reporting, payroll processing, and business advisory services tailored to Cincinnati small businesses.
Do you handle both business and personal tax preparation?
Yes, we prepare federal and state tax returns for individuals, corporations, partnerships, and LLCs with specialized tax planning strategies.
Can you help with QuickBooks setup and training?
As Certified QuickBooks Advisors, we offer complete software implementation, customization, and training to optimize accounting workflows.
What is cost segregation and how can it benefit my business?
Cost segregation identifies depreciable assets in real estate to accelerate tax deductions, providing immediate cash flow benefits for property owners.
How do you handle IRS audit representation?
Our CPAs provide full audit support including documentation preparation, IRS communication, and resolution of tax discrepancies for business and individual clients.
