On January 1, 2012, Sovie & Bowie CPAs of Watertown, New York, merged with Bowers & Company CPAs of Syracuse, New York.
The merger will give Sovie & Bowie access to additional technology and allow for specialization.
"One of the benefits of merging is we have more technology available to us, and with a larger firm, we can spread out the technology cost," said Bowie, a partner at Sovie & Bowie. "All of the big firms are going paperless, which we aren't now." For Sovie & Bowie, going paperless "would mean a lot less files."
Bowie also said of the merger, "The regulations are changing rapidly in tax and auditing, and Bowers has separate tax and audit departments, which will help us."
Bowers & Company has additional expertise in several industry groups, including manufacturing, retail, professional services, construction, community banks, real estate, and convenience stores.
Bowie and Sovie became partners of the merged companies, which will use the Bowers & Company name. Bowers & Company has fourteen partners and forty staff members, with clients throughout upstate New York and in thirty-five states.
Bowers & Company provides a wide array of tax services, from meeting all statutory filing requirements for individuals, businesses, trusts, and estates to the structuring of business acquisitions and divestitures. A partial list of the firm's tax services includes:
- Tax planning and return preparation
- Estates, gift, and trusts
- Not-for-profit organizations
- Taxing authority representation
- Divorce and support issues
- Tax effects of buying/selling a business
The firm’s QuickBooks accounting software consultation services include setting up the system, training and ongoing support of the system, and ensuring clients completely understand the system and its capabilities.
In a press release, Mike D'Avirro, the co-managing partner of Bowers & Company, said, "This is a very natural fit for our two organizations, with Bowers & Company already serving many clients in the Greater Watertown North Country area."
The staff of Sovie & Bowie will remain intact at its current office in Watertown.
Bowers & Company CPAs, PLLC is a member of the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of CPAs (NYSSCPA).