Daily Independent (Ashland, KY)

Local News

January 20, 2014

CPA firms to merge July 1

New name will be Kelley Galloway Smith Goolsby, PSC

ASHLAND — The leaders of Ashland’s largest CPA firms have announced they will join forces this summer.

Phil Layne, CPA, and Steve Kanouse, CPA, managing directors of Ashland’s two largest CPA firms, announced Friday the firms will merge their practices effective July 1, operating under the name of Kelley Galloway Smith Goolsby, PSC.

Smith, Goolsby, Artis & Reams, PSC, which was founded in 1968, and Kelley, Galloway & Co., PSC, founded in 1950, are now a pair of independently owned CPA firms providing services including tax, audit, consulting and compliance services to individuals, small- to medium-sized businesses and organizations, primarily in Kentucky, Ohio and West Virginia.

“Since both firms have significant strengths in differing service areas, it just makes good business sense to combine the firms to meet new financial and business challenges facing their client bases,” Layne said. “Also, the owners of Smith Goolsby and Kelley Galloway have been longtime business acquaintances and share common commitments and beliefs on how to provide professional services and expand business.”

“This merger marks a significant milestone in realizing our vision of providing our clients with an ever-expanding range of financial and business consulting services,” Kanouse said. “Together we can offer our clients a greater selection and depth of services.  

“As a combined entity, we’ll be able to compete more effectively, expand more rapidly and offer our employees a wider range of career opportunities. That all translates into positive things for our clients.”

All owners of the two firms will continue as owners of Kelley Galloway Smith Goolsby and it is anticipated clients will experience no disruptions in their day-to-day business affairs.

Effective with the merger July 1, Kelley Galloway Smith Goolsby will have 52 total employees, including 11 shareholders/directors. In addition to offices in Ashland, the firm will continue to maintain branch offices in Pikeville, Cold Spring and Cincinnati.

TIM PRESTON can be reached at tpreston@dailyindependent.com or (606) 326-2651.

1
Text Only
Local News
  • 0420mongol1.JPG A ride to remember

    Riding 50 miles a day is no big deal to Amy Whelan.

    April 16, 2014 2 Photos

  • 0418melodies.jpg Melodies & Masterpieces returns Friday

    Anyone strolling through downtown Ashland at lunchtime Friday will have a chance to enjoy the artistry of one of the area’s most-respected guitarists as Chris Kitchen kicks off the return of the Melodies & Masterpieces series on Judd Plaza.

    April 16, 2014 1 Photo

  • 0418odell.jpg MSU professor appointed state geographer

    Dr. Gary O’Dell, a professor of physical geography at Morehead State University, was named state geographer in January.

    April 16, 2014 1 Photo

  • Bill to benefit AK Steel

    During the 11th hour of the General Assembly, a bill extending important sustainable incentives for AK Steel’s Ashland Works was pushed through for approval Tuesday night.
    House Bill 483 was created to extend the plant's incentives provided by the Kentucky Industrial Revitalization Act in 2004.

    April 16, 2014

  • Pathways begins autism services

    Pathways has extended its community outreach in a big way by providing services for families facing autism.
    Lena Harmon, central director for the company's Kentucky Impact Youth Council, said these services can save families the trouble of being added to long queue lines in Cincinnati and Louisville.
    Harmon said she has heard some families testify having to wait up to 12 months for appointments in faraway cities.

    April 16, 2014

  • Russell academic new dean at OUS

    Nicole Pennington chose a two-year community college degree track in 1991 because she wanted to enter the nursing work force with as little delay as possible.

    April 16, 2014

  • 1936 Indian lasting wedding gift

    When it came time to present his future wife with a symbol of his undying devotion, Virgil Erskine gave her a 1936 Indian motorcycle instead of a diamond ring.
    “I’ve always called it my wedding present. It’s my diamond ring,” said Charlene Erskine, explaining she and her husband were married at Sturgis, S.D., in 1983, found the antique Indian Sport Scout in 1984 and had it restored and on the road in 1985.

    April 16, 2014

  • Boyd Democrats take floor at Elks

    Boyd County Democrats met at the Elks Lodge for a matchup between candidates for two of the hottest primary races in Boyd County: sheriff and judge-executive.
    The candidates, sponsored by the Boyd County Democratic Women’s Club, each took to the podium to face the crowd Tuesday night and discuss the candidacy and platforms for the race that is still over a month away.

    April 15, 2014

  • Shay receives 38 years for fatal shooting

    Casey R. Shay, 27, of Morehead, was sentenced Monday to 38 years in prison for the fatal shooting last year of Cassandra M. “Cassie” Owens, 21.

    April 15, 2014

  • 0416homegarden.jpg Space not problem with home garden

    Growing your own dinner is not a concept lost on Kenny Imel.

    April 15, 2014 1 Photo

Featured Ads
Seasonal Content
AP Video
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
AP basketball
SEC Zone