Michael D. Smith, CPA- Originally hailing from New Jersey, I have been a Floridian since age 4 and a Lee County resident for the past 18 years. I currently reside in SW Cape Coral with my wife Debbie who is a Lee County school teacher, and my son Michael who attends Cape Elementary. I branched out to start MDS Accounting in late 2015 after working for a premier Fort Myers CPA firm for just over 10 years. During my time with the firm I did everything from bookkeeping and personal tax return preparation, all the way through to the more complex auditing and corporate tax return engagements. The valuable knowledge and insight I obtained is what I now draw upon to serve my clients at MDS.
My services are ideal for small-business owners who are in need of professional bookkeeping and tax preparation assistance, but do not have the budget to employ an educated, experienced, credentialed professional or pay high CPA firm prices. While bookkeeping can be marginalized as a simple data entry task, this approach often leads to inefficiencies and higher overall costs. Most often a much higher paid accounting professional will have to “clean up” the books after-the-fact (analyze, research, reclassify and correct errors & misclassifications).
In contrast, I work to ensure proper transaction classification and recording throughout the year so that my clients are positioned to file a timely and accurate tax return, issue required W2 and 1099 forms, etc. Also, by handling the monthly bookkeeping I am positioned to identify potential tax risks and tax opportunities prior to year-end while there is still time to act on them. My approach is tax compliance first and foremost so that my clients stay above board, and then lawful tax liability reduction within the confines of the Code.
Michael D. Smith, CPA
Florida and Maryland Certified Public Accountant
American Institute of Certified Public Accountants Member
Florida Institute of Certified Public Accountants Member
Masters Degree in Accounting-Florida Atlantic University
Authorized IRS E-File Provider
QuickBooks Pro Advisor