The Merger of A.S. Fricano and Co., CPAs and Daniel D. Wolfe, CPA
by AccountingWEB on
A.S. Fricano & Co., CPAs and Daniel D. Wolfe, CPA merged their firms effective October 1, 2011; however, the merger was not officially announced until December 29, 2011. The new firm operates as Byler, Wolfe, Lutsch & Kampfer, CPAs Inc.
The Salem, Ohio, office remained at its current location, and Wolfe's office combined with the East Liverpool, Ohio, office. Overseeing the East Liverpool office are CPAs Denny Kampfer, Daniel D. Wolfe, and Alfred Fricano. Overseeing the Salem office are Eugene Byler and Richard Lutsch, principals and CPAs. There are thirteen employees between the two offices – six CPAs and seven support staff.
The merger has enabled each company to continue providing client service, while allowing room for growth and expansion. "With the impending retirement of Alfred Fricano, we were looking for a new partner to add to our East Liverpool location," explained Byler, President, Byler, Wolfe, Lutsch & Kampfer, CPAs Inc.
"With Daniel's (Wolfe) knowledge and experience as well as his previous relationship with our firm, we knew he was the right choice," added Byler.
Byler said the merger had been worked on for about two years, but "there were other things in place that prevented the name change and we thought it was time."
He added that many people were not aware that he and Lutsch, who joined the company in 1988, have been the major shareholders since 1991.
Byler said Wolfe also had worked for Fricano, but he left to work in private industry before returning to public accounting.
Byler, Wolfe, Lutsch & Kampfer, CPAs Inc. provides a wide range of services to individuals and businesses in a variety of industries. The firm "strives to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment." Among others, the firm's professional services include:
- Tax management services
- Assurance and advisory services
- Estate and trust planning
- Tax preparation
- QuickBooks and Peachtree accounting help and assistance
- Employee benefits, pension, and profit-sharing plans
- Mergers, acquisitions, and sales
- Accounting and payroll services
- Financial and retirement planning
- IRS representation
- Entity selection and restructuring
- Computer consulting
- Debt and finance advising
To learn more about CPAs Byler, Wolfe, Lutsch, and Kampfer as well as about the firm's additional services, please visit the Byler, Wolfe, Lutsch & Kampfer, CPAs Inc. website.