Smith & Associates P.C.

Specialties

We are CPA’s who help business owners increase profitability, better understand their financial statements, and head off cash flow and other related financial challenges before they occur. We help business owners learn to understand and look at the overall financial health of their business by leveraging solid tax planning and making sure that we review your books from a business perspective not just a tax perspective. We make sure that you understand and know what to look for in the monthly statements and work with you to identify cost saving, revenue and tax saving opportunites. We also help business choose the best type of legal entity and can form the entity chosen. We prepare business and individual tax returns, financial statements, payroll, Quickbooks consulting and business advisory services.

History

Established in 1987.

Smith and Associates P.C. was formed in 1987. We are located in Lakewood, CO and specialize in providing accounting and tax services exclusively for small businesses. The firm has two shareholders. Both shareholders have been in both private and public practice and therefore can understand the concerns of running a business and also the accounting rules they must follow to have their financial statements comply with generally accepted accounting principles

Meet the Business Owner

Diane S.

Business Owner

Diane K. Smith graduated from Colorado State University in 1977 with a triple major in Marketing, Accounting, and Business Administration. Received her CPA license in 1982. Worked as Manager of the Emerging Business group for KPMG Peat Marwick LLP in Denver from 1979 to 1985. Opened her own accounting practice in 1986. Worked as Vice President and Controller/​CFO for several fast paced, turnaround, manufacturing companies from 1989 to 2002. These companies specialized in the computer hardware industry, custom weighing and filling systems, mobile vending carts, and catalog and retail custom dolls. Specializes in assisting small growing entrepreneurs with planning their financial futures. We strive to structure their financial transactions to maximize tax savings. Assists clients with entity selection, budgeting, loan packages, and tax planning.