Services

Services

Smith & Associates offers a complete line of business services including accounting, auditing and tax planning. Both financial and compliance audits have been performed as well as compilation and review services. We also offer management advisory services, which are tailored to meet client's individual needs. We take pride in offering a full range of services to a full spectrum of clients in many industries. At Smith & Associates we help unravel business and tax complexities through sound and timely financial analysis and assistance. Smith & Associates has consistently received the highest possible ratings in accordance with the review standards established by the American Institute of Certified Public Accountants. Please view our latest Peer ReviewSmith & Associates Peer Review PDF

AICPA Peer Review Certified
Tax Services

We provide timely tax planning and preparation services for individuals, corporations, partnerships, LLCs, trusts and estates. Our services are provided by Certified Public Accountants and Enrolled Agents authorized to practice before the Internal Revenue Service. Our fee structure is competitive and we are able to rely upon The Tax Resource Group of Los Angeles, California when an independent second opinion is required for especially complex transactions. We are able to provide professional services for our clients in the areas of IRS audit representation and tax problems or issues. Year-end tax planning with our clients is one of the most popular services that we provide. This service assures that there are no unexpected tax results when our clients' returns are filed and helps to minimize the tax burden.

Business Start-Ups & QuickBooks

We are pleased to offer one-on-one advisory service to new business owners designed to assist them in mastering the complexities of the business start-up process. Helping new business owners to become successful and grow their enterprises into financially strong entities is one of the areas that we most enjoy at Smith and Associates. Part of this process usually includes the selection of the most advantageous entity to conduct business and the best methodology for maintaining complete and accurate financial records. This often includes initial setup, training and ongoing support in using the QuickBooks program, a service that we continue to make available throughout our clients' business cycles.

Accounting & Auditing Services

We are experienced in providing audit services for businesses, homeowner associations, non-profit organizations, municipalities, school units and special districts. We provide Single Audits and audits under Governmental Auditing Standards, commonly referred to as Yellow Book Audits. We are proud that our Peer Review ratings have been the highest possible during the past 18 years. An integral part of our audit services includes making positive suggestions and recommendations to improve our clients' accounting, recordkeeping or internal control system. We prepare our audit reports in preliminary draft form and circulate them to provide an opportunity for our clients to review and discuss them prior to issuance. We also offer compilation and review services for our diverse clientele in Maine, New Hampshire and Florida.

Consulting Services

We provide professional consulting in various areas of tax, auditing and accounting practices. This includes management advisory service for our clients that is driven by their needs, which can be specific or broad in scope. We provide referrals of other professionals to our clients in the areas of investments, banking, business brokerage, legal services, payroll, computer and web sites, bookkeeping, employee benefits and professionals who specialize in fraud detection. We normally provide the names of three individuals or firms that we believe would be the most appropriate based on their experience and our client's specific needs.

Peer Review Services

Mr. Smith has qualified as a Peer Reviewer of other CPA firms under the American Institute of Certified Public Accountants Practice Monitoring Program.

Industries Served

Our broad based clientele includes a variety of small businesses, common interest realty associations such as condominium or homeowner associations, manufacturing companies, technology based companies, professional services such as medical, dental, engineering, retail establishments, restaurants, insurance companies, not for profit organizations, state and local governmental units, real estate organizations such as realtors, brokers and title companies, construction and local educational authorities.

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