Archives for the ‘Press Releases’ Category

SMCO Employee Carlos Carazo Receives Enrolled Agent License

August 28, 2017 – Smith Marion & Company is pleased to announce that Carlos Carazo has received his license as an Enrolled Agent (EA), making him the newest addition to our team of licensed staff. Carlos has been a hardworking member of the firm’s tax department, and will now be taking on his own clients as he steps into his new role as an EA with the firm.

Becoming an EA involves taking a series of three exams and passing each of them successfully in order to demonstrate a wide knowledge of tax relevant information. Prior to taking these exams, Carlos was able to gain firsthand experience working with tax returns. To expand upon that experience and ensure his success, Carlos enrolled in an EA program that gave him access to high quality educational tools.

He says that he is “excited for the new responsibilities that come with the new role,” and hopes to provide clients with a high-quality service and an overall positive experience. He recognizes that taxes can be a difficult time of year for a lot of people, but he hopes to make the whole experience as easy as possible for clients, even if there is nothing that he can do about their taxes owed.

Carlos will be taking over many of the clients who worked with Janet Smith, who retired from Smith Marion & Company earlier this year. This upcoming tax season will be Carlos’ first tax season on his own, and while he admits to being somewhat nervous, he feels confident in his abilities.

Smith Marion & Company offers a warm congratulations to Carlos for his accomplishment, and is excited to move into tax season with another high caliber licensed staff on the team.


Kendra Dockham Receives Non-Profit Certification

Smith Marion & Company is pleased to announce that Kendra Dockham, CPA has completed a certification program in providing audit services to not‐for‐profit entities. The Not‐for‐Profit Certificate Level I is a 40‐hour course offered by AICPA, and certification requires passing a series of exams to demonstrate knowledgeability in several key concept areas.

The certification program covers four main tracks: an introduction to not‐for‐profit entities, an accounting and financial reporting track, a tax‐compliancy track, and a governance and assurance track. The course supplemented Kendra’s experience in working with non‐profits, and allowed her to expand her skill set to offer the highest quality audit possible from engagement to finalization.

Auditing not‐for‐profit entities is often more of an involved process than for‐profit entities, and requires extra effort on the auditor’s part to ensure a that organizations are in compliance with governing standards. Kendra, who has been auditing not‐for‐profit entities for almost five years, does not mind the extra effort, and says that she “enjoys being a small part of the huge impact that non‐profits make in our communities.”

Kendra’s accomplishments are a testament to Smith Marion & Company’s mission of being an industry leader, and of providing the highest possible level of service to our clients. When asked about the motivation behind taking the certification course, Kendra responded by saying: “I am inspired everyday by the great programs and outcomes that our clients achieve and want to be able to provide them with the highest level of accounting knowledge possible.”

Smith Marion & Company hopes to continue to strive for excellence in service to our clients, and appreciates the efforts that Kendra has made to better herself in her field.

Smith Marion & Company is Seeking Licensed and Unlicensed Accountants to Join our Firm

June 16, 2017: Smith Marion & Company is seeking licensed and unlicensed accountants to join our firm. We actively promote within the firm, and are looking for candidates who are willing to learn and grow in their field.

SMCO Employees Kendra Dockham and Doug Englehart Promoted to Director

June 1, 2017 – Smith Marion & Company is pleased to announce that Kendra Dockham, CPA and Douglas Englehart, MSA, CPA have each been promoted to Director within the firm.

Directorship within the firm will allow Kendra and Doug to extend their professionalism and expertise into a managerial role, helping others in the firm to become more adept in the services that we provide. The decision to promote the two was made by the partners in what they believe to be a “new avenue for growth and leadership cultivation at Smith Marion and Company.”

Kendra Dockham, CPA has been with the firm for five years, specializing in non-profit and governmental reporting requirements. She received her Bachelor of Science in Business Administration from CSU San Bernardino in 2011 with a concentration in Accounting. Two years later, she received her CPA license and has since repeatedly demonstrated her abilities as both an auditor and a manager.

She is, “excited for the opportunity to grow and contribute more to the firm,” and believes that the promotion is a strong indicator of the firm’s growth potential in the coming years.

Douglas Englehart, MSA, CPA has been with the firm for five years, specializing in Housing and Urban Development (HUD), housing authorities, and governmental entities. He graduated Magna Cum Laude from CSU San Bernardino in 2013, receiving his Master of Science in Accountancy. He earned his CPA license a year later. Doug currently operates out of our Tennessee office, where he dedicates his time and abilities to the Department of Housing and Urban Development, among providing audit services to a variety of other industries.

Smith Marion and Company is excited to see Kendra and Douglas fulfil their roles in their new positions, and extends a warm congratulations to each of them for their strong work ethic and continually positive results.

Form 990 Extension Changes

March 3, 2017 – The IRS has changed their Form 990 extension due dates for non-profit organizations. The new extension policy became effective January 1, 2017, at the beginning of the year, and promises to ease the extension process for all parties involved.

Under the old policy, two extensions were granted in periods of three months. If a non-profit required more time past the initial three month extension, they would have to request a second extension, bringing their total extension time to six months. The new policy is a one-time extension for six months, eliminating the requirement to file for more than one extension. Instead, non-profits extending beyond their initial due date will have the full six months to meet their final due date.

Organizations should be aware of their year end. For convenience and clarity, we have provided a table below with relevant due dates and extension due dates.

Tax Year End Initial Due Date Extension Due Date
December 31 May 15 November 15
November 30 April 15 October 15
October 31 March 15 September 15
September 30 February 15 August 15
August 31 January 15 July 15
July 31 December 15 June 15
June 30 November 15 May 15
May 31 October 15 April 15
April 30 September 15 March 15
March 31 August 15 February 15
February 28 July 15 January 15
January 31 June 15 December 15


W2 Phishing Scam

February 20, 2017 – Earlier this month, the Internal Revenue Service (IRS) published a warning about Form W-2 phishing scams that businesses and organizations could be facing in 2017. These scams were once limited to the corporate world, but are now targeting school districts, tribal organizations, and nonprofits.

Phishing refers to a general trend of cybercriminal activity in which emails are sent out from seemingly reputable sources, requiring some degree of private or personal information from the victim.

The Form W-2 phishing scam usually appears as though it is coming from an organization’s executive officer, and is sent to an organization’s payroll or HR department requesting the names of all the organization’s employees and their W-2 forms. Once cybercriminals have this data, they are able to commit any manner of identity-theft and tax-related crimes.

In addition, cybercriminals are pairing the Form W-2 scam with an older scam requesting that organizations wire transfer funds to the criminal. Organizations that fail to recognize the Form W-2 scam are more likely to be victimized twice.

For more information, please visit the IRS website here:

Smith Marion & Company would like everyone to be aware of these phishing scams, and would like to help keep our businesses and organizations safe from cybercriminal activity. 

SMCO Manager Kendra Dockham Volunteers for VITA

February 13, 2017 – Cal State, San Bernardino has been hosting the Inland Empire’s Volunteer Income Tax program (VITA) for over 30 years. Through the VITA program, community members with a qualifying income can have their taxes prepared for free by undergraduate CSUSB student volunteers, who gain valuable experience and insight into the taxing and accounting fields.

Smith Marion & Co. CPA Kendra Dockham remembers participating in the VITA program during her undergraduate at CSUSB, and has been volunteering and supervising the program since she graduated in 2011. She monitors and assists the students who quickly find themselves over their heads, as she once was. She recalls preparing a total of two tax returns on her first day of volunteering—a strenuous, eight-hour task at the time.

Kendra believes that the VITA program is a “win-win for both students, and community members.” While at first the students struggle to learn and apply their skill sets to the diverse and often challenging world of tax preparation, they eventually begin to swim, gaining invaluable insight and experience in their future careers. Community members, of course, get their tax returns prepared correctly, and for free. It is such a valuable service, that Kendra has had community members recognize her as they come back year after year.

David Marion, CPA, and partner of Smith Marion & Co. says, “The VITA program does a great service to the community. Smith Marion & Co. is proud to be able to partner with VITA and help both the students and the community members as a whole.”

The VITA program takes place at various locations on Fridays and Saturdays through April 15th, and you can visit CSUSB’s website for more information. Thank you again to Kendra, for volunteering her time and efforts.

Smith Marion & Co. Partner Peter Wesch Participates in the Polar Plunge

February 8, 2017 — Winter in the month of January brought snowfall to the San Bernardino National Forest, along with much needed relief from southern California’s drought. Residents in the Lake Arrowhead community experienced more snowfall than usual this year, which melts and feeds into the community’s namesake body of water.

Peter Wesch, EA, and partner with Smith Marion & Company, dove headlong into the freezing Lake Arrowhead last Saturday, February 4, for the ninth annual PolaRotary Bear Plunge. Pete, along with other prominent community members and leaders, volunteered to submerge himself in the ice-cold waters as a means of raising money for Rotary Club, and charities of their choice. The Lake Arrowhead Resort (generally unused in February, due to snow on the beach) hosts the jumpers, who have collectively raised over $175,000 for Rotary and other charities in the past eight years.
The Rotary Club determines that half of the first $1000 raised goes to the Rotary Foundation, while the other half of the first $1000 goes to the charity of the jumper’s choice. All money raised above the $1000 mark goes directly to the chosen organization.

Pete’s charity of choice was Last Chance Corral, an organization that offers asylum to abandoned or unwanted horses. The horses arrive in various conditions of health, sometimes from neglect or abuse. Some are entirely healthy, but come from owners who are unable or unwilling to continue to take care of the horse properly. The care and adoption program that Last Chance Corral offers is vital to preventing the suffering and slaughter of horses without a home.

Smith Marion & Company is proud to have partners who are actively involved in their communities, and in Pete’s case, who are willing to plunge into liquid ice for the causes that they believe in.

Smith Marion & Co. Partner Chad Porter is Teaching Accounting as an Adjunct Professor at Middle Tennessee State University

December 17, 2015 —Chad Porter, CPA, CFE, Partner with Smith Marion & Co. is teaching Governmental and Nonprofit Accounting at Middle Tennessee State University, Jennings A. Jones College of Business for the Spring 2016 Semester. The class is for accounting undergraduate and graduate students. “I am excited to venture into a new area of my career. Teaching has been a career goal of mine for a long time; I appreciate that my great team at Smith Marion & Co. frees me up to explore this passion” says, Chad Porter.

David Marion, CPA, Managing Partner at Smith Marion & Co says, “Chad has worked in the Governmental and Nonprofit industries for his entire career (over 20 years). He serves on the Peer Review Board in TN and has presented various GASB topics at the HUD national conference. Now he is serving as an adjunct professor at Middle Tennessee State University, Jennings A. Jones College of Business teaching a Governmental and Nonprofit Accounting course for accounting graduate students and undergraduate students this spring. You will want to attend his classes!”

Porter graduated in 1996 from Cal State San Bernardino with a Bachelors of Science in Business Administration and a concentration in Accounting. He has worked for Smith Marion & Co. since May of 1996. Porter is a Certified Fraud Examiner and he specializes in audits of HUD funded organizations and housing authorities, audits of tax credit properties, audits of California Department of Education child care organizations and Single Audit (A-133) of federally funded organizations.

Smith Marion & Co., LLP was founded in 1983 by William P. Smith and David B. Marion. Over the last several years, the company has experienced tremendous growth. Marion credits their staff of high-quality, committed professionals, who have invested in their training, development and growth, to the success of the company. The firm also takes pride in the growth of their client base, which has grown mainly from positive client referrals. The firm is licensed to operate in California, Tennessee, and Kentucky, with practice privileges in Idaho and Utah. The company services clients nationwide.

Smith Marion & Co. is Combining the Grand Terrace and Redlands Offices

November 30, 2015 — Smith Marion & Co recently announced the merge of its Grand Terrace and Redlands offices. David Marion, CPA, Managing Partner with Smith Marion & Co., LLP says, “The services we provide from the two individual offices complement each other quite a bit; by combining offices we will be able use our resources in a more concerted effort to be even more effective for our clients”.

This new location will meet the needs of the growing offices while combining them into one larger space. The new office is down the street from the Redlands office and will occupy the first floor of the KCAL Radio Station Building.

Firm Administrator Daniel Gregory, AAAPM says, “We are very happy that we were able to locate such a great space. This new location will give us enhanced efficiencies and capabilities as a Firm. This larger space will help us grow and change to keep pace with the needs of our clients. As always our focus is to continue to exceed client expectations.”

As of December 14th, 2015 please begin sending communications to:

Smith Marion & Company
1940 Orange Tree Lane, Suite 100
Redlands, CA 92374

The phone numbers and email addresses will remain the same.