Aaron Smith, P.C. offers our individual and business clients a wide range of high-quality accounting and financial services.
We take pride in our personalized approach to our clients; delivering services and advice in a very professional and understandable fashion. This is, in part, what separates us from other firms.
Whether a business or individual client, at Aaron Smith, P.C. you can expect that we will work hard to discover what you need and what is best for you.
If you are an individual looking for accounting services or financial advice, we will discuss with you your present and future needs, family responsibilities, lifestyle and aspirations. This will help us select and apply services best suited to your situation; while giving you sound financial advice. So whether we are dealing with your taxes, cash flow, 401(k) program or company, the more we know about you, the better job we can do.
If you are a business client, we will draw on our accumulated experience working with a numerous businesses and endeavors that span a wide range of western Mass. and northern Conn. industries. As a full service accounting firm, our business and industry knowledge will help us tailor our expertise to fit the needs of your business.
For example, industry differences between a construction business and a manufacturing company help determine how we apply our tax, financial and business accounting services to each of them. What’s best for a real estate firm may not work as well for an insurance business, etc.
We are aware of the differences within an industry. The right accounting approach for a large medical or dental practice may not be right for a small practice or sole practitioner.
We have the resources and experience to offer you personalized, understandable professional services and financial advice on an individual and/or commercial basis.
See our list and descriptions of many of the services that Aaron Smith, P.C. offers clients.
Providing financial information to our clients in a timely and accurate manner is a commitment that will not be compromised. Meaningful, well organized financial records ensure that your business operations will run more efficiently on a daily basis. Aaron Smith, P.C. provides a full range of cost effective accounting services including:
As a service provider, we view our role in the financial reporting process as an opportunity to deliver constructive solutions to maximize your company's profitability and efficiency. We provide financial reporting, on all three levels of assurance:
Additionally, we provide Erisa audit services on retirement plans such as 401(k) and 403(b).
Meaningful, well-organized financial records ensure that your daily business operations will run efficiently. They are the foundation of a successful business. Our qualified staff can assist you with the day to day tasks associated with bookkeeping.
Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, the experienced staff at Aaron Smith, P.C. can assist you in achieving your company's financial goals.
A business can be profitable but still run into trouble due to cash flow issues. To help, we can forecast and evaluate your company's financial condition, estimate financing requirements and track cash flow sources and uses.
We have certified QuickBooks ProAdvisors that can assist you in QuickBooks setup, training, and reporting.
Bring us your important documents to notarize.
Aaron Smith, P.C. prefers a proactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that attempt to minimize both your current and future tax liabilities. Throughout the year, we provide our individual and business clients with the taxation expertise and knowledge that they need and deserve. Our tax services include, but are not limited to:
Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual, or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of tax deductions and credits as well as new tax laws and legislation.
Tax planning is an essential element of the tax preparation process. By making tax planning part of your overall business strategy, you can use our experience to access the most current new developments in the tax laws to try and minimize both your current and future tax liabilities.
Our significant investment in computerized tax preparation and research software enables us to accurately and efficiently prepare returns for various entities. These include individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations.
Throughout our years of experience dealing with many taxing authorities, we have achieved a level of competence that ensures our clients will be properly represented before the various federal and state tax agencies.
Many clients are responsible for collecting and submitting sales taxes in many different vicinities. We can assist your company to determine if your are required to file as well as the efficient and timely preparation of required sales tax returns.
Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries. It provides security for your surviving spouse and can also reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing business continuity and succession of ownership is an essential planning tool. Aaron Smith, P.C. can guide you through the complex process of getting your financial affairs in order.
We gauge our worth by the personal and business successes of our clients. For your business, we begin by helping to identify areas negatively affecting profitability and growth. We then develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following are just a few of the areas in which Aaron Smith, P.C. offers consulting services:
The number of computerized accounting software packages available for small businesses and individuals grows every day. Selecting the one that is right for you is becoming increasingly difficult. As accounting professionals, we are exposed to most programs through trade journals and hands on use. Our experienced staff at Aaron Smith, P.C. can help you choose and implement the system that best fits your needs.
Properly structuring the purchase or sale of a business is a critical step in the process of buying or selling a business. By addressing such issues as cash flow analysis and tax considerations, our experienced and competent staff will guide you through the acquisition/disposition process.
Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and may reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. Aaron Smith, P.C. can guide you through the complex process of getting your financial affairs in order.
Even the most qualified managers can benefit from competent, objective feedback. Aaron Smith, P.C. can help your company's management team develop long term objectives and specific strategies to facilitate the future growth and success of your business.
Choosing the form of entity of your business (e.g. S corporation, C corporation, partnership, sole proprietor, limited liability company, etc.) is a crucial decision that can have longstanding tax implications. Aaron Smith, P.C. can assist in evaluating the pros and cons of each entity type and help you determine the most advantageous form of business for your company.