Business Details
Trusted Accounting Services in Osage, IA
Murphy Smith has served individuals, businesses, and farmers for over 35 years, combining big-picture expertise with personalized attention. Our team prioritizes client goals through integrity, innovation, and a commitment to excellence. With over 183 years of combined experience, our professionals deliver tailored solutions for tax, accounting, and financial consulting needs. We maintain high standards through annual continuing education, compliance with Iowa's licensing requirements, and participation in peer review programs. Our firm's dedication to ethics and client satisfaction has fostered long-term relationships and a reputation as trusted advisors in North Iowa. 
Services
Tax Preparation
Bookkeeping
Financial Consulting
IRS Representation
Business Succession Planning
Highlights and features
- We offer 35+ years of experience in accounting and tax services.
- Our team includes CPAs with annual continuing education certifications.
- We provide personalized attention with big-firm expertise.
- Our firm maintains compliance with Iowa's Permit to Practice requirements.
- We participate in peer review programs for quality assurance.
Associations and certifications
- Iowa Society of Certified Public Accountants
- Peer Review Program
What people say
Highly recommend
Excellent job
Quick and helpful
Very responsive
Trusted advisors
Services
Tax Preparation
We offer comprehensive personal and business tax preparation services, ensuring compliance with evolving regulations. Our CPAs provide strategic planning to minimize liabilities while maximizing returns. Clients benefit from accurate, timely filings and expert guidance for complex tax situations.
Bookkeeping
Our bookkeeping services maintain organized financial records, giving businesses clarity and control. We handle daily transactions, financial reporting, and software setup to streamline operations. Clients gain reliable insights for informed decision-making and long-term stability.
Financial Consulting
We provide strategic financial consulting for business growth and succession planning. Services include budget analysis, entity selection, and retirement strategies. Our team helps clients navigate challenges and seize opportunities with data-driven recommendations tailored to their goals.
IRS Representation
Our firm offers expert IRS representation for audits or disputes. We advocate for clients during tax resolution processes, ensuring fair treatment and compliance. With deep regulatory knowledge, we resolve issues efficiently while protecting clients' interests.
Business Succession Planning
We specialize in creating succession plans to ensure business continuity. Our services include evaluating ownership transitions, estate tax planning, and legal structure optimization. Clients receive actionable strategies to secure their business's future while minimizing financial risks.
People
Lou Ann Murphy
Partner
CPA with over 30 years of experience, leading the Osage office and overseeing Nashua operations since 1989.
Amy Coe
Partner
CPA partner since 2002, managing key client relationships in Osage with a focus on personalized service.
Christopher Smith
Partner
CPA partner since 2008, overseeing the Riceville office and providing strategic financial guidance to businesses.
Josie Hrdlicka
Partner
CPA partner since 2022, specializing in tax services for individuals and businesses in the Cresco area.
Lisa Brandau
Accountant
CPA with 30+ years of experience, offering expertise in accounting and tax preparation for diverse clients.
Questions
What accounting services do you offer?
We provide tax preparation, bookkeeping, financial consulting, IRS representation, and business succession planning.
Are your accountants certified?
All our CPAs maintain current licenses and participate in annual continuing education programs.
Do you serve businesses outside Iowa?
While based in Iowa, we serve clients nationwide through virtual consultations and digital tools.
How do you handle complex tax situations?
Our team uses specialized knowledge to resolve complex tax issues, including audits and business transitions.
Can I schedule a consultation?
Yes, we offer free initial consultations to discuss your accounting and tax planning needs.
What sets your firm apart?
We combine 35+ years of experience with personalized service and peer-reviewed quality standards.
