Krysta L. Smith, CPA

Senior Manager

(541) 687-1170 ksmith@kernuttstokes.com
Oregon State University Bachelor of Science, Accounting
Bachelor of Arts, Political Science
"All we have to decide is what to do with the time that is given us."
- Gandalf, The Lord of the Rings

After originally studying Middle Eastern politics and Arabic, Krysta went back to school to get her degree in accounting. She began her career in 2012 in the Seattle area with a local mid-sized firm, before relocating to Oregon in 2021. She joined Kernutt Stokes in 2024.

Krysta truly enjoys helping people, and for her, being a CPA allows her to do just that. She understands the needs and uniqueness of businesses in smaller and mid-sized markets while bringing with her the experience of having worked in the largest city in the Pacific Northwest. Additionally, she enjoys training, mentoring, and participating in women’s leadership initiatives.

A native Oregonian, Krysta and her partner currently live in Portland with their two dogs, Odin and Luna. She enjoys going to concerts, cooking, cross-stitching, and traveling. One of the items on her bucket list is to visit all of the national parks.

Professional Designations and Licenses

Certified Public Accountant, Oregon & Washington

Memberships

Primary Services

Tax Consulting and Compliance

Primary Industries

Construction
Manufacturing
Commercial Real Estate
Professional Services

More from Krysta

one big beautiful bill act construction

What the One Big Beautiful Bill Act Could Mean for Construction Companies

by Kaitlyn Coburn | Krysta Smith |
As the Senate’s version of the One Big Beautiful Bill Act continues to make its way through Congress, construction companies across the country are watching closely and for good reason. The bill carries with it provisions that could significantly reshape the tax landscape for the construction industry, offering both opportunities and challenges depending on how companies are positioned.
One Big Beautiful Bill

One Big Beautiful Bill: House vs. Senate Comparison

by Krysta Smith | Chad Steinhauer |
On Monday, June 16, 2025, the Senate Finance Committee released their version of House Bill H.R.1, commonly known as the One Big Beautiful Bill Act. Although the bills are similar, there are significant differences that will impact taxpayers, including changes to the state and local tax (SALT) deduction, as well as immediate expensing for R&D expenditures.
Federal cuts

Impact of Federal Cuts on the IRS

by Krysta Smith |
Recently, there have been significant federal funding cuts across various federal agencies, and the Internal Revenue Service was not exempted from these changes. In 2022, Congress passed the Inflation Reduction Act which allocated an additional $80 billion to the IRS to improve the services they provide, increase compliance and enforcement action, and modernize the systems they use.