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Lynchburg
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Lynchburg
Showing 1 to 3 of 3 CPAs in Lynchburg, Ohio
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Charles R. Stoltz
Certified Public Accountant
Verified Licensed
Location Lynchburg, Ohio 45142
Based in Lynchburg, Ohio, Charles R. Stoltz has more than 10 years of experience in tax planning and consulting for individuals and small businesses. His expertise spans basic accounting services, including financial statement preparation and budgeting, as well as tax services for small businesses and individuals. With a focus on serving individuals and families, as well as small and medium-sized businesses, Charles R. Stoltz provides tax planning and consulting services, including individual and business tax return preparation.
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Brooke Steele
Certified Public Accountant
Verified Licensed
Location Lynchburg, Ohio 45142
Brooke Steele is a certified public accountant (CPA) with over 15 years of experience serving individuals and businesses in Lynchburg, Ohio. Specializing in basic accounting services, individual tax services, and financial planning, Steele provides tailored solutions for diverse clients, including individuals and families, as well as various business structures such as S-Corps, partnerships, and LLCs. Her expertise also extends to payroll processing and compliance, as well as IRS representation, helping clients navigate complex tax matters efficiently.
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Teresa J. Covert
Certified Public Accountant
Verified Licensed
Location Lynchburg, Ohio 45142
Teresa J. Covert is a certified public accountant with over 20 years of experience serving individuals and small businesses in Lynchburg and the surrounding areas. Her practice focuses on providing basic accounting services, tax compliance, and financial planning to clients with varying financial needs. Covert specializes in IRS representation and sales tax compliance, helping clients navigate complex tax laws and avoid potential penalties. With expertise in serving individuals and small to medium-sized businesses, Covert brings a comprehensive understanding to her clients' financial situations, offering personalized guidance and support.

Ohio's substantial CPA market serves a diverse economy transitioning from traditional manufacturing to healthcare, technology, and services. The Accountancy Board of Ohio requires 150 semester hours for licensure. CPAs must complete 120 hours of continuing professional education every three years, including 2.5 hours of ethics and minimum technical requirements.

Key Tax Considerations: Ohio eliminated its corporate income tax in favor of the Commercial Activity Tax (CAT) based on gross receipts, creating unique compliance needs. Individual income tax has graduated rates up to 3.75%. CPAs commonly handle CAT compliance, municipal income taxes (most Ohio cities have their own income tax requiring separate filings), sales and use tax, and various business tax credits. The complex municipal tax structure creates opportunities for specialized local tax expertise. Cross-border issues with Michigan, Pennsylvania, and Kentucky are common.

Industry Specializations: Healthcare systems (Cleveland Clinic, major hospital networks), manufacturing (automotive, aerospace, steel), insurance and financial services, technology and software, logistics and distribution, higher education, agriculture, and professional services are key practice areas. CPAs often specialize in healthcare reimbursement and compliance, manufacturing cost accounting, or navigating Ohio's unique CAT and municipal tax landscape.

For CPA Professionals: The Ohio Society of CPAs serves practitioners across a populous state. Major markets include Columbus (state capital, diverse economy), Cleveland (healthcare, manufacturing), Cincinnati (consumer products, financial services), and numerous secondary markets like Toledo, Akron, and Dayton. The state offers affordable cost of living, central U.S. location, and diverse practice opportunities from urban corporate work to rural manufacturing. Ohio's continued economic transformation creates needs for advisory services helping businesses adapt to changing markets and technologies.