Stone and Shah CPAs Merges With Sareen and Associates
The combined firm will operate under the Sareen and Associates company name. The merger is effective immediately and marks the fifth merger in the past 10 months for the fast-growing Manassas firm.
MANASSAS, Va., May 31, 2019 (Newswire.com) - Sareen and Associates of Manassas, Virginia, is pleased to announce that Stone and Shah CPAs LLC, a tax, accounting and financial services firm located in Chantilly, Virginia, has merged with the company, effective immediately.
The combined firm will operate under the Sareen and Associates company name. It is the fifth merger announced by the firm in the past 10 months.
Stone and Shah CPAs LLC of Chantilly, Virginia, has been in business for over 20 years. In that time, it earned a well-deserved local reputation for excellent tax, accounting and financial services.
Rush Shah, the president and owner of Stone and Shah CPAs, commented, “We have always done the best work we could for every single one of our clients and we’re anticipating doing more of the same under the Sareen and Associates name. I have absolutely no worries about how our clients will be looked after in the future with Sareen and Associates. And I’m definitely looking forward to offering my former clients the bigger menu of business services that the merger will provide.”
Arun Sareen, president of Sareen and Associates, stated, “We are always looking to increase both our client base and our geographic footprint within the United States, but it has to be a partner that shares our commitment to excellent service and the same level of professional competencies we have developed over 25 years of providing tax, accounting, payroll and business consulting to our small business clients. I’m happy to say we found that professional services firm in Stone and Shah CPAs and we couldn’t be more pleased with this union.”
Mr. Sareen also commented, “It’s been apparent to us here at Sareen and Associates for some time that there are many, many accounting and tax firms that were started some time ago, and are still making money, but that now have difficulty meeting the current high bar of capital investment and technology expertise required to effectively compete in today’s fast-moving, hyper-competitive environment. They do an honest assessment of their ability to continue to stay competitive going forward and they come to us for a solution that benefits both firms. We have the capital to keep investing in the acquired business, the expertise to integrate and manage the business from an operational perspective and the familiarity with technology platforms and user technology to offer all our clients the best experience possible in terms of accounting, payroll and tax work.”
About Sareen and Associates: The company was started in 1993 by Arun Sareen with the original aim of simply turning around local small to mid-size businesses in the Washington, D.C., Metro area that were losing money. Sareen and Associates quickly grew into a professional CPA firm that offers tax, accounting, payroll and business consulting to clients in the U.S. and abroad. There are four offices in Virginia and one office in Florida, and all those offices service clients nationally and globally.
Visit Sareen and Associates at www.sareentax.com or on Twitter: @SareenTax.
Source: Sareen and Associates
Categories: Small Business