Welcome
Smith, Parsley & McWhorter, P.A. is an accounting and consulting firm which prides itself on consistently exceeding client expectations. Located in Lexington, North Carolina and in operation since 1983, our firm has enjoyed industry growth while exhibiting a standard of superior personal service. Our commitment to each client is evidenced by the long-standing relationships maintained by Smith, Parsley & McWhorter, P.A.
Firm founder, Thomas R. Smith, CPA has a vast knowledge of tax, accounting, and the ever-changing economic environment. His interests center around financial markets and real estate while his experiences allow him to envision a roadmap to help clients evolve businesses, care for current needs, and plan for future generations. His entrepreneurial spirit continues to be an asset to both the firm and clients alike.
John Parsley, CPA, CVA, and Aimee McWhorter, CPA, CFP®, each with over ten years of experience, strive to solve clients’ problems before being asked. Along with a strong work ethic and regular client contact, our firm demonstrates a proactive approach in working with each client.
Our service method involves working as a team. By being members of a team we can lend differing levels of experience and expertise to the ultimate benefit of the client. This structure fosters the relationship building that makes Smith, Parsley & McWhorter, P.A. a partner with its clients.
Smith, Parsley & McWhorter, P.A. is a firm strong in relationships, experience, technical knowledge, and commitment to technology. Above all, Smith, Parsley & McWhorter, P.A. is a firm solid in reputation.
How can we help you?
Meet our Team
Thomas R. Smith, CPA
NC Certificate # 7118
Born: Rocky Mount, NC in 1948
Education: B.S. in Accounting from Barton College in 1970
Professional Activities: Certified Public Accountant since 1973. Managing Partner of Smith, Parsley & McWhorter, P.A., having founded the firm in 1983. Prior experience includes six years as Vice President of Finance for a parent-subsidiary operation of building supply stores, millwork manufacturing, wholesale distribution, real estate development and property management. Member of the American Institute of Certified Public Accountants and the North Carolina Association of Certified Public Accountants. Since 1997, a member of the Board of Directors and Audit Chairman for a $2.2 Billion state chartered Bank and Holding Company. Prior to that, on the Board of Directors of a $300 Million Bank Holding Company that later merged with a Regional Bank.
Practice Concentrations: Business planning, real estate development, construction and management, tax planning, estate planning and mergers and acquisitions.
Community Involvement: Elder at the First Presbyterian Church of Lexington, Treasurer of the Davidson County Community College Foundation, and Member and former Chairman of the Davidson County Economic Development Commission. Past activities include Treasurer of the University of North Carolina School Of The Arts Foundation, President of the J. Smith Young YMCA, President of the Lexington Civitan Club, and on the Board of Directors of Lexington Memorial Hospital.
John E. Parsley, CPA, CVA
NC Certificate # 28804
Born: Hialeah, FL in 1972
Education: B.S. in Accounting and Master of Accountancy from UNC-Wilmington Cameron School of Business 1995, 1996.
Professional activities: Certified Public Accountant since 2001, Certified Valuation Analyst January 2009. Member of American Institute of Certified Public Accountants and North Carolina Association of Certified Public Accountants. Partner with Smith, Parsley, & McWhorter since 2005.
Practice Concentrations: Accounting services and tax planning and preparation for individuals and various business industries including real estate, wholesale, professional service, manufacturing, medical, construction, among others. Business valuations for sales or mergers of businesses, gift and estate tax, divorce. Retirement plan administration.
Community Involvement: Finance Committee Member, New Hope Baptist Church, Salisbury, NC. Past activities include: Treasurer, American Red Cross of Davidson County and Board Member, Lexington Habitat For Humanity
Aimee S. McWhorter, CPA, CFP®
NC Certificate # 28140
Born: Lexington, NC in 1976
Education: B.S. in Business Administration and Master of Accounting from UNC-Chapel Hill Kenan-Flagler School of Business 1998, 1999. Fall 1996 University of Pittsburg Semester at Sea
Professional activities: Certified Public Accountant since 2000, Certified Financial Planner since 2002. Member of North Carolina Association of Certified Public Accountants and American Institute of Certified Public Accountants. Partner with Smith, Parsley, & McWhorter since 2005. Deloitte and Touche tax staff accountant 1999-2000.
Practice Concentrations: Retirement planning and controller-type functions as well as accounting and tax services for individuals and various industries ranging from wholesale, restaurants, manufacturing, medical, professional service, construction, rehabilitation services, retail, among others.
Community Involvement: Charity League, Financial Management Chair, J. Smith Young YMCA, Secretary, J. Smith Young YMCA Endowment Board Member, Lexington Memorial Hospital Foundation Board Member. Past activities include Hospice of Davidson County Board Member and Moderator of Diaconate at First Presbyterian Church of Lexington.
Services We Provide
We offer a wide variety of quality and timely services to our clients in order to provide them with solid financial and tax reporting for various purposes. Whether you are developing a strategic business plan, planning for retirement, contemplating a merger or acquisition, or wanting expert tax and estate planning, we are the firm for you. Following is a list of our services categories. Please click the links below for further details.
- Small Business Accounting and Tax Services
- Individual Tax Services
- New Business Startups & Acquisitions
- Business Valuations
- Estates and Gifts
Small Business Accounting and Tax Services
Many of our clients see the benefits of having an independent CPA firm fill the role of controller for their company. We tailor our small business accounting and tax services to each client based upon their wants and needs in order to seamlessly integrate into their management style.
We provide the following Accounting and Tax Services for Small Businesses.
- All Tax Filings
- Incorporations and Formations
- Tax Planning
- IRS, State, and Local Problem Resolutions
- Financial Statement Preparation
- Business Plans and Projections
- Bookkeeping Services
- Controllership Functions
- Staffing
- Training
- Backup For Office Personnel
- Insurance Management
- Property & Asset Management
- Download Transactions and Maintain General Ledgers
- Retirement Plan Administration
- 401(k)
- ESOP
- SIMPLE Plans
If you would like more information about our Small Business Accounting and Tax Services, please complete the Contact Form below and we will contact you.
Individual Tax Services
From annual tax returns to complex estate and gift tax planning, we have the expertise to assist you in reaching your financial goals. We have the ability to monitor your progress toward your retirement goals by using our specialized financial planning software and providing you with annual updates.
We provide the following Tax Services for Individuals.
- Income Tax Filings
- Tax Planning
- IRS, State, and Local Problem Resolution
- Estate Planning
- Retirement Planning
- Domestic Issues
If you would like more information about our Individual Tax Services, please complete the Contact Form below and we will contact you.
New Business Startups & Acquisitions
One of the most important stages in the success of a business it the startup phase. We have the qualifications to assist you in making the appropriate decisions to help ensure your success.
We provide the following Startup and Acquisition Services for New Businesses.
- Entity Selection
- Formation of Corporations, S Corporations, LLC’s, LLP’s, and Sole Proprietors & Trusts
- Employer Identification Numbers
- Setup of Books and/or Accounting Software
If you would like more information about our New Business Startups & Acquisitions Services, please complete the Contact Form below and we will contact you.
Business Valuations
Understanding the value of your business is a cornerstone of all financial planning. Your business is probably your largest asset and knowing its value can make the difference in planning and decision making.
We provide the following Valuation Services for Businesses.
- Litigation Support
- Valuations For:
- Estate and Gift Tax
- Divorce Matters
- Shareholder Dissentions
- Buy-Sell Agreements
- Mergers and Acquisitions
- Family Limited Partnerships
- Eminent Domain
If you would like more information about our Business Valuations Services, please complete the Contact Form below and we will contact you.
Estates and Gifts
Preparing for the next generation is important to all of us. Developing strategic plans for wealth transfer during one’s lifetime can greatly reduce the tax burden on your estate and heirs. Taking the time to structure the right plan for you could be a great benefit to your loved ones.
We provide the following services.
- Estate and Gift Tax Filings
- Estate Tax Planning
- Business Valuations for IRS Tax Returns and Audits
If you would like more information about our Estates and Gifts Services, please complete the Contact Form below and we will contact you.
Our Clients
Our clients include a broad spectrum of individuals, businesses and industries including:
- Retail Sales
- Real Estate
- Manufacturing
- Wholesale Distribution
- Insurance & Financial Services
- Physicians’ Practices
- Law Firms
- Restaurants
- Construction
- Non-Profits
- Healthcare
- Architectural & Engineering Firms
- Property Owners’ Associations
- Employee Stock Ownership Plans
- Land Developers
- Interior Decorators
We are committed to providing close personal attention to each of our clients. We deliver that personal attention backed by years of advanced training, technical experience and financial understanding. Our continued investment in professional education, state-of-the-art computer and software technology and extensive business relationships allow us to continue to serve you with a commitment of excellence.
The bottom line is ... No matter how big or how small, all our clients are the most important client to us! Always! The relationship with our client is paramount. Without that we cannot work as a team.
Our Location
We are conviently located just off of West Center Street on 11 Shoaf Street in Lexington, North Carolina.
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Contact Us
Thank you for your interest in Smith, Parsley & McWhorter, P.A. We offer a free initial consultation to all new clients. To contact us, please use the contact information below. We look forward to speaking with you and/or receiving your correspondence.
Office:
P.O. Box 1974
11 Shoaf Street
Lexington, North Carolina 27293-1974
Telephone Contacts:
Main Line: (336) 243-2772
Main Fax: (336) 248-5887
Email Contacts:
Thomas R. Smith, CPA: tsmith@spmcpas.com
John E. Parsley, CPA, CVA: jparsley@spmcpas.com
Aimee S. McWhorter, CPA, CFP®: amcwhorter@spmcpas.com
Contact Form: