Lynn Schmidt owns Lynco Financial & Tax Services Inc - a firm specializing in Income Tax Preparation, Tax Representation, Wealth Management and Financial Services, Retirement Planning and Estate Planning as well as providing Accounting and Bookkeeping services for businesses and individuals.
Lynn Schmidt is known to her clients as their “Financial Resource“. She believes in educating her clients and sharing information on various topics and is frequently asked to share these materials with their friends and family. She specializes in working with small to medium sized businesses and individuals with regard to their accounting, tax and financial needs. Her mission is “to provide clients with complete financial guidance, and to help small and medium sized businesses grow and thrive by providing top quality, affordable accounting and tax services. Lynn recently completed training and is now a QuickBooks Online Certified ProAdvisor.
She helps her clients avoid the common mistakes made by many small business owners and taxpayers. She has counseled hundreds to avoid various tax pitfalls. She has helped clients cut their taxes, minimize taxes on Social Security income, minimize estate taxes, and help protect their estate values. Her clients include business professionals, attorneys, physicians and dentists, sales executives, teachers, truck drivers, construction contractors, members of the clergy, and business owners. Lynn is a graduate of New Hampshire College in Manchester, NH with a Bachelor’s Degree in Accounting. She has used her financial acumen to benefit not only her clients but also the community. She has served as treasurer for the Auburndale Police Athletic League, volunteered her time at a local food pantry and served for three years as a volunteer in the Florida Long-Term Care Ombudsman program.
Lynn is an Enrolled Agent. Enrolled Agents are Federally Licensed Tax Professionals. EA’s are required to demonstrate to the United States Treasury, their competence in matters of taxation before they may represent a taxpayer before the IRS. EA’s specialize in taxation. EA’s are the only taxpayer representatives who receive their right to practice from the United States Government.
Lynn served as a past President of the Florida Society of Enrolled Agents and has served in various other officer positions at the state and local chapters. In 2007, Lynn was awarded the “Excellence in Public Awareness Award” by the National Association of Enrolled Agents (NAEA) and again in 2009 received the same aware from the Florida Society of Enrolled Agents (FSEA). Lynn is also a member of the Professional Association of Small Business Accountants (PASBA). Lynn has also earned the designation of Fellow from the National Tax Practice Institute.
Lynn has also achieved the Accredited Retirement Advisor® (ARA) credential by demonstrating her practical and theoretical knowledge, along with her personal commitment to excellence and ongoing professional development. This credential recognizes professionals who have a thorough knowledge of: preparing their clients for retirement; the essentials of estate and trust planning; and financial planning for the elderly. The Accreditation Council for Accountancy and Taxation (ACAT), is pleased to add Lynn’s name to their National Accredited Professionals list. Lynn believes that these credentials provide her with the knowledge and tools to serve clients and help find solutions to various tax and financial problems.
Lynn was born and grew up in New Jersey, moved to Florida in 1993 from New York State. She now lives in Auburndale, Florida with her husband, Don. She has three children and three grandchildren.
Professional Designations
EA- Enrolled Agent
CFS- Certified Fund Specialist
CSA- Certified Senior Advisor
ARA - Accredited Retirement Advisor
FNTPI - Fellow National Tax Practice Institute
Affiliations
ACAT - Accreditation Council for Accountancy and Taxation
FSA- Florida Society of Accountants (1994-2015)
FSEA- Florida Society of Enrolled Agents (1997-2015)
NAEA- National Association of Enrolled Agents (1997-2015)
NSA- National Society of Accountants (1994-2015)
PASBA - Professional Association of Small Business Accountants
SCSA- Society of Certified Senior Advisors