Business Details
50+ Years
experience
Your Trusted Partner for Accounting & Tax Solutions in Cleveland
Newman & Company, CPAs & Company, CPAs has been dedicated to providing exceptional accounting, tax, and financial advisory services since 1938. Founded in Cleveland, Ohio, our firm has built a legacy of trust and expertise by prioritizing personalized attention to small and medium-sized businesses, estates, and individuals. Our team of certified professionals brings decades of combined experience in tax compliance, business valuations, IRS representation, and strategic financial planning. We distinguish ourselves through a commitment to resolving complex tax issues discreetly and efficiently while maintaining a client-centric approach.With a philosophy rooted in quality and personal attention, we guide clients through evolving financial landscapes, ensuring compliance and optimizing long-term success. Our services extend to QuickBooks support, business advisory, and specialized tax planning for unique scenarios like cryptocurrency and non-profit organizations. As a firm with deep local roots and national recognition, we combine generational expertise with modern solutions to deliver tailored financial strategies.
Services
Tax Preparation
Business Valuation
Payroll Services
QuickBooks Support
IRS Representation
Estate Planning
Bookkeeping
Audits
Cryptocurrency Accounting
Business Advisory
Details
- Year established: 1938
Highlights and features
- We offer over 85 years of experience in accounting and tax services since 1938.
- 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 help businesses maximize accounting software efficiency.
- We maintain a client-focused approach with tailored financial strategies.
What people say
Expert tax guidance
IRS issues resolved
QuickBooks optimization
Personalized attention
Decades of experience
Services
Tax Preparation
Our tax preparation services ensure accurate and compliant filings for individuals and businesses. We specialize in complex scenarios, including cryptocurrency reporting and non-profit tax requirements. By staying current with evolving regulations, we maximize deductions while minimizing liability. Clients benefit from proactive planning to optimize annual returns and avoid penalties.
IRS Representation
We resolve IRS disputes and tax debt through audit representation and payment plan negotiations. Our team handles liens, levies, and offer-in-compromise submissions with discretion. With expertise in penalty abatement, we protect clients from wage garnishment and financial distress while restoring compliance.
Business Valuation
Our certified valuation analysts determine accurate business worth for mergers, sales, or succession planning. We analyze financial health, market position, and growth potential to support strategic decisions. This service ensures fair transactions during ownership transitions or litigation matters while addressing tax implications.
QuickBooks Support
We optimize QuickBooks usage through setup, training, and system tune-ups. Our experts customize software for specific business needs, improving cash flow tracking and reporting efficiency. Regular maintenance ensures accurate financial records, enabling data-driven decisions for small to mid-sized enterprises.
Payroll Services
Our payroll solutions handle tax filings, direct deposits, and compliance with federal/state regulations. We reduce administrative burdens by automating wage calculations and year-end reporting. Businesses gain peace of mind knowing payroll taxes are accurately processed, avoiding costly errors and penalties.
People
Nicholas M. Fanous
President
With 23 years in public accounting, Nick specializes in tax planning for corporations and non-profits. He leads merger & acquisition tax strategies and holds leadership roles in Ronald McDonald House Charities. A Cleveland State graduate, he ensures expert guidance in complex tax matters.
Steven H. Newman
Director
A 40-year veteran, Steve focuses on retirement plans, business sales, and real estate tax strategies. Certified in business valuations, he serves local charities and renewable energy initiatives. His expertise spans estate planning and litigation support for high-net-worth clients.
Adam Miller
Manager
Adam provides tax compliance and business valuation services with 20 years of experience. He supports real estate transactions and startup accounting while volunteering as a softball coach and treasurer for community organizations. He graduated from Ohio Northern University.
Thomas Woisnet
Senior Accountant
With 45 years in accounting and 20+ at Newman & Company, CPAs & Company, CPAs, Tom specializes in high-net-worth tax planning. A former Cleveland Fire Department Captain, he serves as treasurer for homeowner associations and holds degrees from Cleveland State University.
Elizabeth Stepteau
Senior Accountant
Liz has 17 years of tax compliance experience, focusing on high-net-worth individuals and small businesses. She negotiates IRS payment plans and delinquent filings while pursuing her accounting degree at Baruch College, combining technical skill with client service.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll, business valuations, and cash flow management to help small businesses maintain compliance and focus on growth.
How can you help with IRS tax problems?
Our team negotiates payment plans, resolves liens/levies, and represents clients during audits to reduce tax debt and restore compliance.
Do you support QuickBooks users?
Yes, we offer setup, training, and system optimization to ensure businesses maximize QuickBooks' features for efficient financial management.
What estate planning services are available?
We provide comprehensive estate planning to protect assets, minimize tax burdens, and ensure smooth wealth transfer to future generations.
Are your tax preparers certified professionals?
Yes, our CPAs and Enrolled Agents maintain advanced credentials and industry-specific expertise to deliver accurate, compliant tax solutions.
