Leonard M. Smith
CPA, MSA, Partner
Team Leader, Life Science Tax
Be humble and respectful, and remember to laugh and not take life too seriously.
Get to Know Me
Lenny is a Tax Partner with over 16 years of public accounting experience. As leader of the Life Science Tax Practice, he specializes in corporate and pass-through taxation, advising clients on R&D credit opportunities, Qualified Small Business Stock, M&A transactions, Section 382 limitations, transfer pricing and equity-based compensation. Lenny also has extensive experience with individual taxation, advising clients on charitable planning, business succession and tax controversy.
Let’s get started with a conversation today.
Contact MeGive Back
Lenny serves as Treasurer for the Whitinsville Golf Club, and Chairman of the Northbridge Historic Commission. He is a Member of the Northbridge Community Preservation Committee and the Northbridge 250th Anniversary Celebration (2022).
Work Hard/Play Hard
In his free time, Lenny enjoys spending time outdoors with his family and building a homing pigeon loft at home in Hopkinton, MA.
Latest Thinking
Unexpected Tax Bills Hindering Innovation for SBIR Grant Recipients
The Tax Cuts and Jobs Act (TCJA) of 2017 introduced significant changes to the treatment of research and experimental (R&E) expenses for tax purposes. Under the new rules, which took […]
Fireside Chat: Payroll No Longer Fully Tax Deductible In 2022?!
R&D Capitalization makes its crash landing onto 2022 tax returns! Historically, companies performing R&D have enjoyed a full deduction for these costs and likely an R&D credit to boot. R&D Capitalization […]
Insights on R&D Capitalization
Lenny Smith, Team Leader of Withum’s Life Science Tax Services discusses R&D Capitalization.