Arlington, Seagoville, Dallas, TX CPA Firm | Bookkeeping For Small Business | Tax Services for Startups
How We Serve Startups
Accounting & Tax services for founders & startups

Bookkeeping ,Accounting & Tax Services for Small Business ,Founders & Startups
Don’t want to deal with accounting & taxes?

Founders have a tough job as it is during the early days of starting their new business. From incorporating to bookkeeping, let us handle all your accounting & tax needs while you focus on growing and building your company.

01

Entity Formation

Selecting the structure of your new business is one of the most integral parts to a business’s success. Our CPAs go over all of the advantages and disadvantages of each option in order to help you select the best structure. Our goal is to help your business be setup for success.

02

Tax Planning

Planning for the financial future of your business should include the impacts that taxes may have. After selecting the structure of your entity, we plan for the future. Each entity is different and needs tax solutions that are curtailed to their needs. Our CPAs provide knowledge on industry standards as well as information on practices that can take the guess work out of running your business.

03

Asset Purchases

There are various things that go into purchasing assets for your new business. Our goal is to help you understand the advantages/disadvantages of your purchases, from a tax liability standpoint. This information will help you plan for purchases.

04

Bookkeeping

Our staff is dedicated to the success of your new business. We have bookkeepers to ensure that your financial status is properly represented and accurate. Our CPAs monitor the financial condition of your company in order to provide beneficial advice and information that can help your business succeed.

05

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.

06

Federal Income Tax Preparation

We have prepared thousands of tax returns for both businesses and individual 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.

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.