ABOUT US

Welcome to Richard Smith & Associates, Inc.

Real estate changes the tax conversation completely.

Tax and accounting decisions often connect across more than one area of life.

A business return may affect an owner’s personal tax picture. An estate or trust may involve fiduciary responsibilities, beneficiary reporting, and careful timing. Rental properties and real estate investments can add another layer of planning, documentation, depreciation, and long-term tax impact.

That is why Richard Smith & Associates, Inc. takes a broad, experienced view of each client’s situation.

Based in Silicon Valley, the firm has built long-standing relationships with business owners, individuals, families, fiduciaries, property owners, and investors who need tax and accounting guidance they can rely on year after year.

Experience That Goes Beyond Preparation

The firm supports clients with:

  • Tax preparation and planning

  • Corporate and business tax matters

  • Small business accounting

  • Estate, trust, and fiduciary tax needs

  • IRS tax resolution

  • Rental property and real estate investment tax guidance

  • 1031 exchange support

But the work is rarely approached as isolated transactions.

Clients often come with overlapping needs. They may be managing a business, preparing an individual return, handling a trust or estate, organizing accounting records, responding to an IRS issue, or planning around rental property and real estate investment activity.

The role of the firm is to help clients understand not just the immediate tax outcome, but how each decision fits into the bigger picture financially.

That level of guidance only comes from experience.

A Practice Built on Long-Term Relationships

Many client relationships here span years because tax and accounting needs evolve over time.

Businesses grow. Families transition assets. Fiduciary responsibilities arise. Rental properties are purchased, sold, or reorganized. Real estate investments change. Tax laws move.

Having advisors who already understand the history behind those decisions creates continuity that clients rely on heavily.

The atmosphere stays professional but personal.

Clients work with people who know the details of their situation and understand the importance of getting things right, especially when tax, accounting, business, fiduciary, and investment decisions overlap.

Remembering Richard

The firm is also taking time to honor and remember Richard, whose impact on both the practice and the clients it serves continues to be deeply felt.

A dedicated memorial page will remain part of the site as a reflection of the relationships, trust, and years of work that helped shape the foundation of the firm. For many long-time clients, those relationships extended well beyond accounting alone.

Because after enough years, this kind of work becomes personal.