Business Details
14 Years
experience
Your Trusted Accounting Partner in Monrovia, MD
Smith CPA & Associates is a family-owned accounting firm dedicated to providing personalized tax, accounting, and business advisory services. With over 45 years of combined experience, our team of licensed CPAs and financial professionals serves individuals and businesses across Montgomery, Frederick, and Carroll Counties. We prioritize client relationships over growth, offering tailored solutions for tax preparation, strategic planning, and business management. Our low overhead allows competitive pricing without compromising quality, as clients work directly with CPAs rather than seasonal preparers.We specialize in resolving complex tax issues, QuickBooks support, and guiding small businesses through financial challenges. Our commitment to transparency and individualized attention ensures clients receive maximum value and compliance assurance. Backed by decades of industry expertise, we help clients achieve long-term financial success through proactive planning and expert execution.
Services
Tax Preparation
Tax Planning
Payroll Services
QuickBooks Support
IRS Representation
Small Business Accounting
Tax Problem Resolution
Business Formation
Cash Flow Management
Strategic Planning
Details
- Year established: 2012
Highlights and features
- We have 45+ years of combined CPA experience in tax and accounting services
- Clients work directly with licensed CPAs, not seasonal preparers
- Specialize in resolving complex IRS tax problems and audits
- Family-owned firm prioritizing personalized service over corporate growth
- Offer QuickBooks setup, training, and tune-up services for small businesses
Services
Tax Preparation
Our tax preparation service ensures accurate and comprehensive filing for individuals and businesses. We handle personal tax returns, business tax filings, and specialized returns for estates and non-profits. Our CPAs identify all eligible deductions and credits to maximize refunds while maintaining compliance. With deep expertise in Maryland tax regulations, we simplify complex filings and provide clear explanations of your tax situation.
Tax Problem Resolution
We specialize in resolving IRS issues including liens, levies, wage garnishments, and back taxes owed. Our team negotiates payment plans, offers in compromise, and innocent spouse relief. With decades of experience handling IRS audits and collections, we protect your rights while developing strategic solutions. Our goal is to minimize penalties and restore financial stability through proven resolution techniques.
QuickBooks Services
Our QuickBooks services include setup, training, and system optimization for small businesses. We ensure proper configuration for accurate financial tracking and tax compliance. Our tune-up service cleans up disorganized books and prepares them for tax season. As certified QuickBooks professionals, we train clients to use the software effectively while providing ongoing support for accounting needs.
Small Business Accounting
We provide comprehensive accounting solutions for small businesses including bookkeeping, payroll, and financial reporting. Our part-time CFO service offers strategic financial guidance for growth planning. We manage cash flow projections, budget development, and tax planning to improve profitability. This service ensures business owners maintain accurate records while focusing on operations.
Business Formation
We guide entrepreneurs through business formation including entity selection, tax ID applications, and state registrations. Our service covers LLC formation, S-corporation elections, and non-profit 501(c)(3) applications. We prepare all necessary documentation and provide ongoing compliance support. This ensures new businesses establish proper legal and tax foundations for long-term success.
People
Robert L. Smith, Jr.
Partner
Former CFO with 30+ years in public accounting and corporate finance. Specializes in tax compliance for pass-through entities and financial reporting. Member of AICPA with expertise in biotech and medical device industries.
Jason R. Smith, CPA
Partner
Licensed CPA with 15+ years in financial planning and strategic analysis. Focuses on small business advisory and tax strategy. Clemson University economics graduate. Manages client relationships and service delivery for business clients.
Jennifer A. Conversano
Office Manager
Certified Notary with 20+ years in client relations. Handles tax preparation, bookkeeping, and client coordination. Bridgewater College graduate. Focuses on personalized client support and office operations management.
Questions
What tax services do you offer for individuals?
We provide complete individual tax preparation including standard returns, complex filings, and audit representation. Our services cover income tax, estate tax, and tax problem resolution for back taxes owed.
Can you help businesses with QuickBooks setup?
Yes, we offer QuickBooks setup, training, and system optimization. Our certified professionals ensure proper configuration for your business needs and provide ongoing support.
Do you handle IRS tax liens and levies?
Yes, we specialize in IRS tax problem resolution including liens, levies, and wage garnishments. Our team negotiates payment plans and offers in compromise to resolve tax debts.
What accounting services are available for small businesses?
We offer bookkeeping, payroll processing, cash flow management, and part-time CFO services. Our solutions help small businesses maintain accurate financial records and improve profitability.
Can you assist with non-profit organization formation?
Yes, we help establish 501(c)(3) non-profits including application preparation, tax exemption filings, and compliance guidance for ongoing IRS reporting requirements.
