440-843-8680

cpa@simiccpa.net

Welcome to Simic CPA!

We enjoy being part of the success of clients in and around the Cleveland, Parma, and Parma Heights, OH area, and we welcome you to stop by one of our locations! As a professional accounting office we provide a number of services for both individuals and businesses.

Headed by Michael Simic, a Certified Public Accountant who has been in business for over 25 years, Simic CPA offers a local solution with a personal touch. We become experts in your business so you can focus on the day to day management while we take care of the back end – taxes, payroll, bookkeeping and accounting.

Michael Simic, CPA

Prior Year Tax

FREE
  • Return Free Review
  • Form 1040
  • Any Forms
  • Ohio State Return
  • City Tax Return

Basic Tax

$88
  • Return Preparation
  • Form 1040
  • Ohio State Return
  • City Tax Return

Itemized Tax

$128
  • Return Preparation
  • Form 1040
  • Schedule A
  • Ohio State Return
  • City Tax Return

Monthly Payroll Service

Free One Month Trial
$78 per month
  • Payroll Checks or Direct Deposit
  • All Tax Filings & Payments
  • W-2 Forms
  • (Up to 5 employees)

Monthly Accounting & Payroll

Free One Month Trial
$228 per month
  • Payroll Checks or Direct Deposit
  • All Tax Filings & Payments
  • W-2 Forms
  • Bank Reconciliation
  • Financial Statements
  • Preparation
  • (Up to 50 transactions)

Tax Preparation

Online Tax filing

Are you looking for a low cost way to efile your taxes yourself? Save your hard-earned money and efile with us. We use the leading tax preparation software in the industry, and now you can use the same excellent program your CPA uses.

  • Federal Income Taxes (form 1040EZ) – $0.00 (FREE!)
  • Federal Income Taxes (form 1040A) – $19.95
  • Federal Income Taxes (form 1040) – $39.95
  • State Income Taxes – $24.95 (one fee includes as many states as necessary)
  • No overcharge worries – the online program will automatically charge you the lowest price for your tax return

Professional Tax filing

1040, 1065, 1120S, Schedule A, Schedule C… the list goes on and on, but you don’t have to keep track of it; we can do it for you. We prepare annual income tax filings for individuals (single, head of household, married filing jointly, married filing separately, etc) and businesses (sole proprietorships, partnerships, limited liability partnerships, LLCs, C corporations and S corporations) for Federal, State and Local governments. We help you determine your quarterly estimated taxes, file extensions if you need a little more time, and efile so that you get your refund faster.

Michael Simic, CPA

  • Easy – just bring in your W-2 or 1099, any investment statements, payments such as mortgages, property taxes, student loans and charitable contributions and we do the rest
  • Fast service – in many cases we can prepare your taxes while you wait – and if you’re busy just drop your papers off and we’ll call you when it’s done.
  • Accurate – we use top of the line tax preparation software to prepare and file your taxes, and all employees have passed required tax courses.

Specializing in Nonresident Alien and Foreign Earned Income filings

US citizens and resident aliens who live or work abroad, or who expect to receive income from foreign sources have a particular form they need to file, form 2555. We have extensive experience in filing complex tax returns with foreign earned income filings.

 

For more information about filing a 1040NR, a 2555 or a W-7 click here

403(b) and 401(k) Audits

Pension plan filings are due soon!

Form 5500 is required to be filed annually for Employee benefit plans, including Pension Plans (both defined benefit and defined contribution plans) Welfare Plans and certain Direct Filing Entities. Some pension plans that are required to file a 5500 are profit-sharing plans, stock bonus plans, money purchase plans, 401(k) plans, IRAs established by employers and 403(b) plans. All required forms, schedules, statements, and attachments must be filed by the last day of the 7th calendar month after the end of the plan year; so if your plan year ends in December, your 5500 filing is due by July 31st. Not only that, but all filings for year 2009 and onwards, MUST be filed electronically. We can help you file!

New IRS rules say some plans now require an Audit – every year!

  • 403(b) – also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools, employees of certain tax-exempt organizations, and certain ministers. If your plan has more than 100 participants – including active, retired, separated and deceased participants – you now must have an audit conducted every year.
  • 401(k) – also known as a qualified, tax-favored pension plan, can be a profit-sharing, stock bonus, pre-ERISA money purchase pension, or a rural cooperative plan. If your plan has more than 100 participants – including active, retired, separated and deceased participants – you now must have an audit conducted every year.
  • Other pension plans, or even 403(b) and 401(k) plans with less than 100 participants may still receive notification from the IRS or the Department of Labor than an audit is needed. The professionals at Simic CPA can help you get through it with minimal discomfort.

Time to change your accountant!

Simplify your Payroll

Payroll can be a huge hassle for small businesses. Trying to figure out the complicated tax schedules to make sure you are withholding the right amount of income tax, how often to pay local city taxes, and if you’ve reached the limit for social security taxes is enough to make you wish you’d never hired anyone. And then you have your employees to think of – maybe you want to offer them great perks like a retirement plan or direct deposit, but have no idea how to go about it. Don’t worry – we can handle it for you.

We offer comprehensive payroll services for every company – from the small start up just paying wages to the owner, to a large well established company with lots of employees to keep track of.

  • Call, fax or email your employees’ hours to us
  • Flexible pay dates – schedule your payroll when it’s convenient for your company – weekly, biweekly, semimonthly, monthly; recurring or intermittent, we can handle it.
  • Easy to get paid – pick up your checks at our office, have them mailed or offer your employees direct deposit!
  • No quarterly or annual tax deadlines to keep track of – we handle it all for you and send you reports with every payroll.

Contact us today for a free payroll consultation.

Please email, call or fax your payroll information to us.

Simplify your Bookkeeping & Accounting

By outsourcing them to us! If you’re just starting out and don’t know what to do – forming a corporation, starting a business as a sole proprietor, partnership agreements, federal tax identification number, need to hire employees? or long established and ready for a trusted adviser to keep track of all those numbers, don’t worry. Simic CPA can make your business day simpler, easily.

Bookkeeping

  • Easy to implement – just drop off, fax, email or mail copies of your bank statements, check stubs and receipts. We’ll compile them, enter them into our accounting system, and return them along with all the reports and statements you need to make good daily and long term business decisions.
  • Automate your benefits – set up recurring payments such as deposits to a 401K or IRA account for yourself or your employees, and we’ll get them done.
  • Be ready for tax season – never have to scramble for all your receipts and statements at the last minute. Just send them to us every month and when tax season rolls around, you’ll be ready to go with minimal hassle.

Time to change your accountant!

Accounting

  • Have you ever had a big decision to make and wondered what the tax impact would be? Have you ever gotten a letter from the IRS you didn’t understand? Have you ever wished for some sound financial advice? Then you’ve come to the right place. Simic CPA can be your accounting firm, ready with advice and an expert analysis of your financial situation, clear explanations of taxes and the most efficient compliance with all the taxes both business and personal – saving you money.

Time to change your accountant!

Seminars!

Current Parma Office Seminars

401K IRA Rollover and ROTH IRA Conversion – Understanding the Tax Implications of Rolling over

Do you have a retirement account? Maybe an IRA, a 401(k), or a Roth IRA? Is it the best type of account for your needs? Have you changed jobs recently and need to roll over your account? Then this is the seminar for you! An overview of common retirement accounts, their tax treatment, whether they can be rolled over or not, what is a direct transfer, a trustee to trustee transfer, and how to avoid paying income tax and 10% early withdrawal penalty. Learn the rules for IRA to Roth IRA conversions.

Date: Tuesday, November 3, 2015
Time: 4:00 am to 5:00 am
Location: Parma Office
Cost: FREE

This seminar is presented by Michael Simic CPA

 This 90 minutes seminar covers fundamentals of accounting system setup, chart of accounts,  and financial statements as management tools in QuickBooks Online (r).

Date: Tuesday, November 10, 2015
Time: 5:00 am to 6:30 am
Location: Parma Office
Cost: $35.00

This seminar is presented by Michael Simic CPA

Current Jobs Available

Senior Accountant

Full service Cleveland accounting firm seeks experienced income tax preparer to prepare 1040, 1120 and other tax returns, provide international taxation planning and advice in various areas including transfer pricing and repatriation of income analysis and adapt most up to date accounting software and technology.

Please forward resume to JFS Systems Inc/Simic CPA, ATTN: HR Director, 6485 Ridge Road, Parma, OH 44129.

Contact us

Located at 6485 Ridge Rd, Parma, OH 44129, our Parma location is open year round.
Whether you need taxes prepared, some one to do your payroll or an ally in venturing into the world of business ownership, we're here to help.

440-843-8680

440-885-8287

6485 Ridge Rd, Parma, OH 44129