Smith Marion & Co., Inc.

07/22/2026

We are already working on the agenda for Fall Connection in Philadelphia, and the topics are focused on real challenges housing authority leaders are navigating right now.

We are excited to share that Nick Auriemma, CPA, Principal at BDO, will be presenting on Structuring Your Accounting Department.

We are also excited to have Marco Cruz, CFO Consultant and Principal at Elevates Consulting, presenting on How to Run Your PHA More Like a Business.

Connection is designed to be more than a traditional conference. It is a small-group peer setting where housing authority executive leaders can discuss real issues, ask questions, compare approaches, and walk away with practical ideas they can apply within their agencies.

Fall Connection will be held October 21–22, 2026 in Philadelphia, PA.

Learn more at https://smconnection.cpa/ or schedule a discovery call here: https://calendly.com/hbaldwin-smco/30min

07/21/2026

Good accounting isn’t reactive. It’s proactive.

At Smith Marion, we work alongside our clients throughout the year to provide clarity, accountability, and financial direction that supports real operational goals.

✔ Timely reporting
✔ Strategic tax coordination
✔ Ongoing advisory support
✔ Solutions tailored to your organization

Because numbers alone don’t move organizations forward; insight does.

https://smcocpa.com/

07/17/2026

Did you know your Social Security benefits could be taxable?

Many retirees are surprised to learn that up to 85% of Social Security benefits may be subject to federal income tax—and the income thresholds haven't been adjusted for inflation in decades.

The good news? Strategic tax planning may help reduce taxes on your retirement income, lower Medicare premium surcharges (IRMAA), and potentially save you thousands over time.

Whether you're nearing retirement, already collecting Social Security, or considering Roth conversions, now is the perfect time to review your tax strategy.

Learn more or schedule a tax planning consultation with the team at Smith Marion & Co. by visiting Did you know your Social Security benefits could be taxable?

Many retirees are surprised to learn that up to 85% of Social Security benefits may be subject to federal income tax—and the income thresholds haven't been adjusted for inflation in decades.

The good news? Strategic tax planning may help reduce taxes on your retirement income, lower Medicare premium surcharges (IRMAA), and potentially save you thousands over time.

Whether you're nearing retirement, already collecting Social Security, or considering Roth conversions, now is the perfect time to review your tax strategy.

Learn more or schedule a tax planning consultation with the team at Smith Marion & Co. by visiting

Work with Smith Marion for tax, audit, accounting and advisory services built for housing authorities, nonprofits, businesses and complex clients in CA/TN.

07/15/2026

A timeshare can carry years of memories, but when it comes to estate planning, it may not be the gift you think it is.

Timeshares often come with ongoing maintenance fees, limited resale value, transfer restrictions, and long-term obligations that beneficiaries may not want or be prepared to manage.

Before including a timeshare in your trust, it is important to ask practical questions:

Do your beneficiaries actually want it?
Can they afford the annual fees?
Do they understand the long-term commitment?

At Smith Marion & Co., we help clients think through how assets like timeshares fit into their trust and estate plans, including the accounting, reporting, and fiduciary responsibilities that may follow.

If you have a timeshare or another asset you are unsure about, let’s walk through how it fits into your plan before it becomes a burden for the next generation.

07/14/2026

One of the greatest gifts you can give your family is clarity.

When important decisions haven't been made in advance, loved ones are often left making emotional, financial, and medical choices during one of the most difficult times in their lives.

Planning ahead helps ensure your wishes are known, reduces uncertainty, and allows your family to focus on what matters most, honoring your life rather than navigating difficult decisions under pressure.

At Smith Marion, we help individuals and families bring structure and confidence to trust and estate planning so important decisions aren't left to chance.

https://smcocpa.com/end-of-life-planning-decisions/

07/10/2026

Smith Marion & Co. will be exhibiting at the NAHRO Summer Symposium in Nashville from July 15–17!

If you are attending, stop by our booth and connect with our team. We look forward to meeting with housing authority leaders, hearing what agencies are focused on, and discussing how we can support your organization through audit, accounting, advisory, leadership, and strategic planning services.

We hope to see you in Nashville!

07/09/2026

At Smith Marion & Co., we believe housing authority leaders benefit from having a trusted peer group where they can discuss challenges, share ideas, and walk away with practical tools they can apply inside their agencies.

Our Spring Connection highlights are now available, recapping our recent meeting in Nashville and the leadership-focused discussions that took place.

The next Connection meeting will be held October 21–22, 2026 in Philadelphia, PA.

Learn more about Connection at https://smconnection.cpa/ and schedule a discovery call to see if it is the right fit for your agency.

Understanding what questions to ask and where to find suitable answers is a challenge in this industry – but you can now get those questions answered in one place with smconnection.

07/08/2026

Not every problem needs the same solution.

We often see organizations jump straight to a service—strategic planning, process improvement, talent consulting—without first identifying where the issue actually exists.

Is it a department issue?
A process breakdown?
A leadership alignment challenge?
A succession risk?

The level of the problem should determine the level of the solution.

In our latest blog, we break down how to think through these decisions so you can choose the right approach—and get better results.

Read the full blog: https://smcocpa.com/consulting/

Learn more about our services: https://smcocpa.com/strategic-planning/

07/07/2026

What is a Balanced Scorecard?

It’s a performance and goal-based incentive framework used to:
✔ Align employee goals with organizational priorities
✔ Measure performance clearly and consistently
✔ Tie compensation directly to results
✔ Increase accountability across teams

Originally used by Fortune 500 companies, Balanced Scorecard has become one of the most effective ways to turn strategy into ex*****on.

When implemented correctly, it creates clarity—for both employees and leadership.

Join Carlos Carazo & Hannah Baldwin on August 20 to learn how to implement this framework in your organization.

👉 Register here:

Join us on August 20th

07/07/2026

Housing authority audits require more than just financial statements.

Clear documentation, organized reporting, and strong internal controls all play an important role in a successful audit process.

Preparing early can help reduce delays, minimize stress, and improve overall efficiency for your organization.

Our team specializes in serving housing authorities with experienced audit and advisory support.

https://smcocpa.com/public-housing-authorities/