Find a cpa firm near Lorain, OH

Find a cpa firm near Lorain, OH

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Find a cpa firm near Lorain, OH

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Top 9 cpa firms near Lorain, OH

Avatar for M.G. Bookkeeping
Avatar for M.G. Bookkeeping
M.G. Bookkeeping
M.G. Bookkeeping




Offers remote services
  • 2 hires on Thumbtack
  • Serves Lorain, OH
Katherine G. says, "My husband and I have had been in business for close to 10 years now. Since the start of our business, we have had more bookkeepers than I can count because of this we never really had a handle on what was happening financially in our business (I don't do numbers, I raise kids). We hesitated to pay ourselves, hesitated to hire employees, and dreaded paying vendors each month in fear that we would put our checking account into the negative. We considered shutting down the business so many times because we had no idea where we stood financially and always felt trapped. In 2017 we were referred to Melody and her team by a family friend. After one call with her, we decided to give her services a shot. We were leary with it all being virtual but fast forward 4 years. WE ARE THRIVING! My husband and I have taken multiple vacations, we receive income from our business each month, we've grown our employees from a staff of 5 to a staff of 23. Our profits are higher than we ever thought possible. We know exactly how much money we need to make each month thanks to the financial reports she provides. She even took the time to explain to us each report and what to take from them. And let me tell you, that was no easy task for her. But because of her and her team, we were able to continue to pay our employees half of their weekly pay when covid shut us down. That wouldn't have been possible without Melody and her team working their magic and keeping our books in line. Every question I've had she has answered within hours of asking and any question I've asked that she was not 100% sure of the answer to, she reached out to her network and got the answers we needed. Melody and her team go above and beyond for their clients. She said in the beginning that she was more concerned with helping than making a profit and she really has proven that. She is down-to-earth and will go above and beyond for clients when needed. She started as a bookkeeper and now is someone whom my husband and I consider a very good friend and business associate. I highly recommend her for any of your accounting needs."See more
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Q & A

Answers to commonly asked questions from the experts on Thumbtack.

What is an accountant?

Accountants are financial professionals who have received an accounting degree from a four-year university or college. By trade, accountants prepare, maintain and examine the financial statements of an individual, business or institution. An accountant prepares reports for tax purposes and can also perform audits of public companies. Common tasks include creating budgets, analyzing profits and losses of a company, processing payroll, preparing financial statements for company leadership, and creating and maintaining financial database systems for a company.    

Accountants do not automatically have a Certified Public Accountant (CPA) designation unless they have passed the Uniform CPA Examination and received the proper license. Regardless of whether they are CPA certified or not, accountants can assist businesses and individuals with bookkeeping and financial reporting, while CPAs are more knowledgeable in tax codes as a result of the CPA licensing examination and continuing education requirements. CPAs are also eligible to represent clients before the IRS if audit support is required, while a non-CPA accountant is not. Academic background, years in the field and professional reputation all can affect an accountant’s rates.

Check out the average hourly rate for accounting services in your area.

How much does it cost to hire an accountant?

Accountants’ rates vary based on their education, licenses, experience, and the work for which they are being hired. An accountant may charge an hourly rate when a company or individual needs their services on a short-term basis, such as when performing an audit or requesting assistance setting up a financial database or process. Hourly rates can range as widely as $40 per hour to $300 or more per hour, depending on your geographic location and the accountant. Check out the average hourly rate for accounting services in your region.

Accountants may offer a package rate for weekly, monthly or annual services to reward ongoing customers. Many accountants offer online services where small businesses can access online accounting software and payroll assistance, and the accountant — for a monthly or other recurring fee — provides financial analysis and reporting of their numbers. For basic monthly accounting services, an accountant might charge anywhere from $75 to $500 or more, depending on what was included in a given package, the size of the client’s business, and the complexity of work requested. Nationally, full-time staff accountants earn between $40,000 and $80,000, depending on experience and other factors.

Who licenses CPAs?

The Board of Accountancy for your state or district licenses certified public accountants (CPAs). When searching for a CPA to help you with your finances or taxes, make sure they are properly licensed in your state. Here are a few tools you can use to verify an accountant’s license:

You can also ask an accountant to provide proof of their license and credentials.

What do CPAs do?

According to the American Institute of CPAs, certified public accountant (CPAs) financially advise individuals, big companies and small businesses to help them reach their financial goals. For example, they can consult you on taxes and other accounting needs. 

What do forensic accountants do?

Forensic accountants investigate financial crimes involving fraud, embezzlement and other issues. They often work closely with law enforcement and lawyers, and they can help determine the legality of financial activities, according to the BLS.

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