A Full-Service Certified Public Accounting Firm committed to high-quality, professional accounting, auditing, tax preparation, and management advisory services.
Stemen, Mertens, Stickler, CPAs & Associates (“SMS CPAs”) is committed to providing high quality, professional accounting, auditing, tax preparation, and management advisory services to our diverse clientele. We are committed to developing and maintaining personalized relationships with our clients. We
make a conscientious effort to further our knowledge of cutting-edge technology and incorporate it into our strategy to provide the finest quality work. The majority of our clients are involved in the development, syndication, construction, and management of affordable multi-family housing.
Specialized in affordable housing since inception
Small, family-friendly firm with personalized client relationships
Highly motivated staff committed to client satisfaction
Focus on up-to-date technology and training
Services
Audits
Highest level of assurance service for financial statements, specializing in affordable housing audits per HUD, RD, LIHTC, and state agency requirements.
Compilations
Assist management in presenting financial statements without providing assurance, satisfying reporting requirements.
Reviews
Limited assurance service using inquiry and analytical procedures to present a defined financial performance picture.
Tax Preparation & Consulting
Prepare federal, state, and local returns for partnerships, LLCs, not-for-profits, individuals, and provide tax strategies.
Additional Services
Offer a wide variety of additional services including Debt Coverage Ratio (DCR) Reports, 10% Carryover Reports, Determination of Stabilization Reports, REAC submissions, Agreed Upon Procedures, Financial Consulting, and Management Advisory.
Cost Certifications
Establish actual costs for mortgagors to comply with HUD, RD, OHFA, and other state housing agencies.
Credentials & Certifications
Certified Public Accountants
Since 1975
Frequently Asked Questions
What is a CPA? +
A Certified Public Accountant (CPA) is a professionally trained and licensed accountant who has passed the CPA exam and meets continuing education requirements, providing expertise in financial matters including tax preparation, personal financial planning, business financial planning, auditing, reporting, and more.
Why work with a CPA firm? +
CPAs offer broad knowledge of business and financial matters, providing valuable insight and expertise for financial reporting, taxes, and business planning, with the goal of helping businesses succeed.
How long should I keep my tax and financial records? +
Generally, keep tax and financial records for at least seven years, as the IRS can audit returns for up to three years from the filing date and up to six years if gross income is underreported by 25% or more.
What services do we provide? +
We provide a wide variety of assurance and advisory services, tax services, and financial planning. See our services page for a complete listing.
How do I choose a CPA firm? +
Choose a CPA with technical knowledge and experience for your specific situation, and ensure you feel valued and respected, with responsive communication.
What is the difference between certified public accountants (CPAs) and accountants? +
A CPA has passed a rigorous exam, undergoes peer reviews, and meets continuing education requirements, demonstrating professional competence and expertise beyond that of a general accountant.
