Business Details
50+ Years
experience
Certified CPA Services in Tuscaloosa, AL
Founded in 1951, Morrison & Smith has established itself as a trusted leader in certified public accounting. Our team of seven CPAs brings an average of 21 years of experience, offering specialized expertise in auditing, tax planning, financial statement assurance, and business advisory services. We serve clients across Alabama and surrounding states, prioritizing personalized solutions tailored to individual and business needs. Our commitment to integrity and ongoing professional development ensures we remain at the forefront of evolving tax regulations and accounting standards.By fostering long-term client relationships through transparent communication and proactive guidance, we have built a reputation as a community-focused firm that consistently delivers value beyond compliance. Our professionals are deeply involved in both local civic organizations and industry associations, reflecting our dedication to both professional excellence and community stewardship.
Services
Tax Services
Audits
Reviews
Compilations
Accounting Services
Entity Restructuring
Details
- Year established: 1951
Highlights and features
- We offer 70+ years of combined CPA expertise across diverse industries
- We implement a proactive audit approach that identifies financial risks early
- Our tax planning strategies are tailored to maximize client-specific opportunities
- Our firm maintains continuous professional education on evolving tax codes
- We provide personalized service with direct partner-level engagement
Associations and certifications
- American Institute of Certified Public Accountants
- Alabama Society of Certified Public Accountants
What people say
Exceptional CPAs
Proactive tax planning
Clear communication
Deep expertise
Reliable advisors
Services
Tax Services
We offer comprehensive tax planning and compliance solutions for individuals and businesses. Our CPAs specialize in minimizing tax liabilities while ensuring full regulatory compliance. Services include year-round tax strategy, return preparation for all entity types, and representation during tax authority audits. Our expertise covers complex scenarios like business sales, international transactions, and estate planning. Clients benefit from strategic tax-saving opportunities identified through our deep understanding of evolving legislation and personalized financial situations.
Audits
Our audit services provide independent verification of financial statements for stakeholders. We conduct comprehensive examinations of accounting records, internal controls, and financial reporting processes. This includes verifying asset existence through physical inspections and confirming third-party balances through direct communication. Our auditors identify operational inefficiencies while ensuring GAAP compliance. Clients receive enhanced credibility with investors, creditors, and regulatory bodies through our detailed audit opinions that enhance decision-making confidence.
Accounting Services
We deliver tailored accounting solutions from startup bookkeeping to complex financial reporting. Our services include general ledger maintenance, payroll processing, and customized financial statement preparation. We implement efficient accounting systems for businesses at all growth stages while ensuring proper financial controls. Clients receive insightful analysis of financial performance metrics and cash flow projections. Our support extends to accounting software implementation and training, helping organizations maintain accurate records that support strategic business decisions.
Entity Restructuring
We guide clients through optimal entity selection and restructuring decisions. Our consultants analyze tax implications, liability protection, and operational requirements for various structures like S-Corporations, C-Corporations, and LLCs. We evaluate existing business models for potential efficiency improvements and tax advantages. Services include transition planning, compliance documentation, and ongoing advisory through structural changes. Clients benefit from strategic recommendations that align with both current needs and future growth objectives while maintaining regulatory compliance throughout the restructuring process.
Reviews & Compilations
We provide cost-effective alternatives to full audits through financial statement reviews and compilations. Our reviews offer limited assurance through analytical procedures and management inquiries, while compilations present financial data without assurance. These services meet requirements for internal use, small business reporting, and certain lender requests. We ensure proper presentation of financial information while maintaining independence in review engagements. Clients receive timely, practical financial reporting solutions that balance assurance needs with budgetary considerations.
People
Stuart A. Hartley
Certified Public Accountant
Stuart A. Hartley holds a University of Alabama accounting degree and has practiced with Morrison & Smith since 2012. He specializes in audit and tax services for diverse clients, maintaining active memberships in professional accounting societies. An engaged community leader, he serves as church deacon and participates in local civic organizations.
Kristina K. Smith
Staff Accountant
Kristina K. Smith joined Morrison & Smith in 2013 after earning her accounting bachelor's degree from the University of Alabama. She focuses on audit engagements for non-profits, retirement plans, and small businesses while delivering comprehensive review and compilation services. Her technical expertise and client-focused approach support the firm's commitment to quality financial solutions.
Questions
What tax planning services do you offer for small businesses?
We provide comprehensive tax planning for small businesses, including entity structure optimization, quarterly estimated tax projections, and deduction maximization. Our team stays current with legislative changes to identify industry-specific savings opportunities for clients during every planning season.
How do your audit services differ from larger firms?
Our audit engagements combine major firm expertise with personalized attention. We maintain partner involvement throughout the process while offering more competitive pricing and flexible scheduling compared to larger national accounting organizations.
Can you assist with nonprofit organization compliance?
Yes, we specialize in nonprofit audits, Form 990 preparation, and compliance consulting. Our team understands state and federal requirements for tax-exempt organizations, including complex reporting for multi-program entities and grant compliance tracking.
What accounting software platforms do you support?
We support major platforms including QuickBooks, Xero, and FreshBooks. Our team provides implementation guidance, system conversion assistance, and customized training to ensure proper configuration for your specific business needs and reporting requirements.
How do you handle tax issues with past unfiled returns?
We assist clients with delinquent return situations through our Voluntary Disclosure Program expertise. Our approach prioritizes resolving back filings while minimizing penalties and establishing ongoing compliance through proactive tax management strategies.
Do you offer outsourced CFO services?
Yes, we provide fractional CFO services for growth-stage businesses needing strategic financial guidance without full-time executive costs. Services include cash flow analysis, profitability modeling, and financial forecasting tailored to expansion objectives.
