Business Details
50+ Years
experience
Trusted Accounting & Tax Services in Cleveland, OH
Founded in 1938, Newman & Company & Company, CPAs has built a legacy of delivering comprehensive accounting, tax, and financial advisory services to individuals and businesses. Our firm combines decades of expertise with a personalized approach, ensuring clients receive tailored solutions for retirement planning, estate management, business valuations, and IRS representation. With a team of certified professionals, we prioritize transparency, ethical standards, and proactive tax strategies to maximize client savings and long-term financial health.Our commitment to excellence is reflected in our decades-long relationships with small and medium-sized businesses, families, and nonprofit organizations across Cleveland and beyond. We continuously adapt to evolving tax laws and technological advancements, such as QuickBooks integration, to provide efficient, forward-thinking services that empower clients to achieve their financial goals.
Services
Tax Preparation
Business Accounting
Payroll Services
QuickBooks Setup
Estate Planning
Tax Relief
IRS Audit Representation
Business Valuation
Retirement Planning
Nonprofit Accounting
Details
- Year established: 1938
Highlights and features
- We offer over 80 years of combined experience in accounting and tax advisory services.
- Our team provides personalized guidance for complex tax and financial planning needs.
- We specialize in IRS audit representation and tax relief solutions.
- Our QuickBooks experts ensure efficient, technology-driven accounting systems.
- We maintain deep local market knowledge to serve Cleveland-area businesses and families.
Services
Tax Preparation
We provide comprehensive tax preparation for individuals and businesses, ensuring compliance with federal and state regulations. Our team identifies deductions and credits to minimize liabilities while avoiding penalties. Clients receive strategic year-round tax planning to optimize financial outcomes.
IRS Audit Representation
Our experts handle IRS audits from start to finish, protecting clients from penalties and legal complications. With decades of experience, we negotiate settlements and ensure accurate documentation. This service provides peace of mind during high-stress tax situations.
QuickBooks Services
We offer QuickBooks setup, training, and system optimization for small businesses. Our team ensures accurate financial tracking and reporting. Clients gain efficient, cloud-based solutions to streamline operations and improve decision-making through real-time data access.
Business Valuation
We conduct precise business valuations for mergers, acquisitions, or succession planning. Certified professionals analyze financial health and market position. This service supports strategic decisions for business owners and investors.
Estate Planning
Our estate planning services minimize tax burdens and ensure smooth asset distribution. We create tailored strategies for high-net-worth individuals, addressing trusts, wills, and probate. Clients gain security for their family's financial future.
People
Nicholas M. Fanous
President
With 23 years of public accounting experience, Nick specializes in tax planning and M&A advisory. He leads the firm's strategic direction and serves on the Ronald McDonald House Charities board. A Cleveland State graduate, he focuses on hospitality and manufacturing sectors.
Steven H. Newman
Director
A 40-year veteran, Steve specializes in retirement plans and business succession. Certified Valuation Analyst, he advises on real estate transactions and nonprofit governance. Active in community service, he volunteers with Habitat for Humanity and promotes renewable energy.
Adam Miller
Manager
Adam brings 20 years of tax compliance and real estate accounting expertise. He manages startup accounting systems and litigation support. Community-focused, he coaches youth sports and serves as treasurer for local organizations.
Thomas Woisnet
Senior Accountant
With 45 years of experience, Tom specializes in high-net-worth tax planning. Former Cleveland Fire Department captain, he serves Durham Ridge HOA. Member of AICPA and Ohio CPA Society, he focuses on individual tax compliance.
Elizabeth Stepteau
Senior Accountant
Liz has 17 years of tax compliance experience, specializing in delinquent filings and payment plans. Starting as an administrative professional, she developed deep client relationships. Currently pursuing her accounting degree, she ensures exceptional service delivery.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll, cash flow management, and business valuations. Our Part-Time CFO service offers strategic financial guidance tailored to small business needs.
How can you help with IRS tax problems?
We resolve back taxes, liens, levies, and audit representation. Our team negotiates payment plans and Offer in Compromise settlements to reduce tax debt burdens.
Do you offer QuickBooks support?
Yes, we provide software setup, training, system tune-ups, and transaction reviews to optimize QuickBooks for small businesses.
What estate planning services are available?
We create comprehensive plans to minimize estate taxes, including trusts, wills, and probate strategies for high-net-worth individuals.
Are you experienced with nonprofit organizations?
Yes, we handle tax-exempt compliance, IRS reporting, and financial planning for nonprofits, ensuring adherence to strict regulatory requirements.
