S Corp and Partnerships - Smith & Smith CPAs
How we serve C-Corp/S-Corp/Partnerships
Accounting & Tax services for C-Corp/S-Corp/Partnerships

C-Corp/S-Corps and Partnerships come to us for guidance

Smith & Smith CPAs business services start with consulting our clients on the structure of their business and providing them with advisory services on how to minimize their tax liabilities.

01

Entity Formation

Selecting the proper structure of your business is an integral part to creating a successful future. Our CPAs inform new business owners of the various tax advantages/disadvantages of each option. Our goal is to structure your business in a way that is most advantageous to you.

02

Federal/State Tax Preparation

Since being established in 1987, we have prepared thousands of tax returns for conduit entities all over the United States. We take every step to ensure that our clients put themselves in the best tax situation that is available to them. Smith & Smith CPAs has over 25 years of experience in preparing tax. This experience enables our clients to have confidence that their taxes are prepared properly and effectively.

03

Tax Planning

Planning for the growth of your business is incredibly beneficial to both you and your business. Our CPAs meet with business owners to properly plan for the future. We tailor strategies to each business in a way that eliminates surprises and develops consistency.

04

Compilation Services

Smith & Smith CPAs provides a compilation service that is fully comprehensive. It is valuable to have a CPA compile the financial statements of your business when providing the financials to a third party. Our CPAs prepare compilations so that you can have confidence in the financial information that you provide to outside sources.

05

Financial Projections

When you have a financial goal for your business, it is best to understand the scope of things that go into achieving it. Our CPAs prepare financial projections in order to lay out a visual for business owners. We meticulously prepare projections based on past performance and new factors that may come into play. This strategy provides a benchmark for business owners that is otherwise hard to predict.

06

IRS Representation

When the IRS is calling, we are here to help. Our staff provides comprehensive help with the IRS and their demands. We have vast experience in dealing with the IRS on behalf of business owners. We take the emotion out of the situation and deal with the IRS for you. Our strategy is simple. We find the source of the issue, coordinate with the IRS, and develop a solution that is most helpful for our client.

The Dreaded Letter from the IRS.

A client received a letter from the IRS regarding his prior year tax return. Unfortunately, he was being audited. The IRS believed that expenses for his LLC were overstated and disallowed certain deductions. In addition, the IRS stated that the client owed thousands of dollars in penalties alone. We met with this client and went over all of the relevant documents. We were able to guide him through the process and provide him peace of mind. Upon review of transcripts and various documents, we met with an IRS agent on behalf of our client. This ...

An owner of an auto shop came to Smith & Smith CPAs, LLC with a letter from the IRS.

This letter stated that an audit would be taking place. Having never been through an IRS audit, the owner needed help to prepare. We advised him on the process and shared our past experiences. When the audit came, we were there with him every step of the way.

An Oil & Gas company needed guidance on how to handle their growth.

They started as a sole proprietorship and were in search of a CPA firm that could advise them on how to handle the growth of their company. After searching for a firm, they decided to meet with Smith & Smith CPAs, LLC. In our initial meeting, we learned of their business and inquired about their goals. We decided that it was best for them to incorporate.

A group of doctors were looking for a CPA firm to help them form their new practice.

A group of doctors had been working for various practices and decided to form their own medical entity. They were sure that they could succeed given their experience and knowledge in their field of medicine. Needing a CPA firm to advise them on various tax decisions, they decided to seek the services of Smith & Smith CPAs, LLC.

A cardiologist received a letter from the IRS for delinquent payroll taxes that had already been paid.

The cardiologist was sure that the payroll taxes had been paid however, he needed help to prove this was the case. Our CPAs reviewed the tax payments and reconciled them to the various tax liabilities. Upon completion, it was determined that the aforementioned taxes were indeed paid. The issue was that they were applied incorrectly.

We’re here for you.

Whether you’re an individual, startup, small business, or a large corporation, our CPAs and staff are here to serve you and provide exceptional accounting services for you and your company.