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26777 Lorain Road
Suite 613
North Olmsted, OH 44070

R. Scott Welsh, CPA, MBA

(440) 734-4272

The Latte Lie and Other Myths It Was the Best of Times, It Was the Worst of Times The Cost of Procrastination When Special Care Is Needed: The Special Needs Trust

Welcome to Welsh Accounting & Financial!

Welsh Accounting & Financial is a full service CPA and financial consulting firm in North Olmsted, Ohio, located next to Great Northern Mall.

We are:

  • A business combining skills and integrity with a foundation of Christian ethics.
  • A CPA firm that has been serving individuals and businesses in the Cleveland community for over 15 years.
  • Professional people who care with strong financial experience.

Welsh Accounting & Financial helps you take your business and your individual financial situation to the next level through planning, goal setting and helping you develop a working action plan. Our years of experience in the financial, business, and tax arenas will give you critical insight to move ahead in a competitive world. 

Welsh Accounting & Financial specializes in:

  • Comprehensive Investment Services

  • Individual, Corporate, and Payroll Tax Preparation

  • CPA Services for Small Businesses

  • Certified Quickbooks ProAdvisor Training & Support

  • Financial Planning for Seniors
Accounting, Investments, Tax Preparation, Senior Services, and Custom Financial Plans for You is WHAT WE DO.

Caring Professionals who want to help you achieve goals throughout your life is WHO WE ARE.

Helpful Content

You May Need to Make Estimated Tax Payments If…

You May Need to Make Estimated Tax Payments If…

Have income that isn’t subject to tax withholding? Or insufficient withholdings? You may have to pay estimated taxes.

The Facts About Income Tax

The Facts About Income Tax

Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you.

Emerging Market Opportunities

Emerging Market Opportunities

What are your options for investing in emerging markets?


Password Protection Strategies

Simple steps may help you foil hackers and protect your privacy.

Tax Deductions You Won't Believe

Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative.

Gap Insurance for Leased Cars

If you’re thinking of leasing a new car, then you shouldn’t forget about gap insurance.

How Financial Advisors Are Compensated

Read this overview to learn how financial advisors are compensated.

Raising Healthy Children

Healthy habits are one of the greatest gifts to give your child.

Insurance Needs Assessment: When You're Newly Married

Marriage changes everything, including your insurance needs.

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My Retirement Savings

Estimate how long your retirement savings may last using various monthly cash flow rates.

Impact of Taxes and Inflation

Estimate the potential impact taxes and inflation can have on the purchasing power of an investment.

Federal Income Tax

Use this calculator to estimate your income tax liability along with average and marginal tax rates.

Tax Freedom Day

Assess how many days you'll work to pay your federal tax liability.

Roth 401(k) vs. Traditional 401(k)

This calculator compares employee contributions to a Roth 401(k) and a traditional 401(k).

Comparing Mortgage Terms

Estimate the total cost in today's dollars of various mortgage alternatives.

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Keys to Investing for Retirement

There are some key concepts to understand when investing for retirement

Managing Your Lifestyle

Using smart management to get more of what you want and free up assets to invest.

5 Smart Investing Principles

Principles that can help create a portfolio designed to pursue investment goals.

Long-Term-Care Protection Strategies

The chances of needing long-term care, its cost, and strategies for covering that cost.

An Inside Look at Retirement Living

A number of questions and concerns need to be addressed to help you better prepare for retirement living.

Investment Strategies for Retirement

Investment tools and strategies that can enable you to pursue your retirement goals.

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When Do You Need a Will?

When do you need a will? The answer is easy: Right Now.

The Rule of 72

Do you know how long it may take for your investments to double in value? The Rule of 72 is a quick way to figure it out.

Where Is the Market Headed?

We all know the stock market can be unpredictable. We all want to know, “What’s next for the financial markets?”

Should You Invest in Exchange Traded Funds?

There are hundreds of ETFs available. Should you invest in them?


Making the most of surprises is a great reason to work with us.

Consider These 3 Things Before Driving Off the Lot

There are a few things to consider when buying or leasing your next vehicle.

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