is to help our clients achieve more than they ever thought possible and have fun doing it!

NRSmith and Associates, PS was founded on the philosophy that clients have the right to receive the highest quality professional service rendered with personal concern and attention to their individual needs.

Our GOAL is to provide a full range of integrated professional services to help our clients make the most of their potential and achieve their own personal and professional objectives.

NRSmith and Associates, PS is a progressive Certified Public Accounting and Financial Planning firm located in Olympia, Washington. Our firm has been servicing the South Puget Sound area for over 50 years, with second and third generation clients. As the economy has evolved from dependence on the timber industry to the high tech of the new millenium, the firm prides itself on the ability to adapt. This means professional service based on experience.

In 1974, Norman Smith assumed management of the firm. Consistent with the firm's philosophy, he has directed the firm to quality services that are proactive. It is not enough to satisfy the compliance needs of third parties - investors, grantors of creditors, regulators, or taxing authorities. Today's public accounting and financial planning services must provide direction, allowing clients to realize their goals through effective application of resources.

Every operating entity - whether a large corporation, sole proprietorship, partnership, or not-for-profit organization - needs to have a clear strategy. It must have a plan to carry out its strategy and a management information system that reports how the execution of that plan or strategy is progressing. NRSmith and Associates develops management information systems which measure operating results and identifies variances between projected and actual results. We then assist management with operating modifications. This proactive approach uses traditional services as a basis to provide meaningful consulting services.

We provide:

• strategic planning, goals setting, break-even analysis, product pricing, sales forecasting;
• cash flow projections, operating budgets, capital expenditure budgets;
• computer selection and implementation;
• business acquisitions and dispositions, business valuations, financing plans;
• accounting control systems, systems design;
• lease vs. buy decisions, as well as
• traditional accounting and tax services

Just as every operating entity should have a strategy, individuals should have a game plan that allows them to achieve financial independence consistent with their vision of success. Today, people must have control of their economic future. Gone are the days when a person worked for a single employer. With changing workplace demands, downsizing, and conversion to a service economy, each person needs a path to economic freedom that can be modified as the environment changes. Payment of the appropriate amount of income taxes is just one dimension of a good wealth management program.

As part of our proactive services, we apply federal income tax data as an information base to assist in achieving your financial goals. Our financial planning services include:

• personal goals setting, budgeting, major expenditure planning;
• risk assessment;
• income tax planning and research;
• estate tax planning and gifting programs;
• retirement planning;
• investment management;
• business transition planning, as well as
• traditional filing of income tax returns.

These services are powerful when the individual is the principal in an operating entity. Throughout our history, NRSmith and Associates has developed qualifications to perform these services in a professional manner.

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