American Express Tax and Business Services Acquires Veatch, Rich &Nadler.Business Editors CHICAGO--(BUSINESS WIRE)--Jan. 28, 2000 Fifth Chicago Acquisition for American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. in Three Years American Express Tax and Business Services Inc. (TBS) announced today that it has acquired the non-attest assets of Veatch, Rich &Nadler, an accounting and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a located in Deerfield, Illinois Deerfield is a village in Lake County, Illinois, United States. A portion of the village is in Cook County, Illinois, United States. The population was 18,420 at the 2000 census. It is one of the predominant suburbs that make up Chicago's North Shore region. . Veatch, Rich &Nadler provides accounting and consulting services to small and mid-size businesses, high net worth individuals, government agencies and healthcare providers. Veatch, Rich &Nadler has 51 employees. &uot;We are excited about the addition of Veatch, Rich &Nadler,&uot; said Howard Stone, Senior Managing Director of the TBS Chicago metro office. &uot;Our current presence in Deerfield will be significantly enhanced, making TBS one of the largest full-service accounting firms in the North Suburban market.&uot; The attest services of Veatch, Rich &Nadler will be merged into a separate and independently owned public accounting practice, Altschuler, Melvoin and Glasser LLP LLP - Lower Layer Protocol . TBS is expanding throughout the U.S. by acquiring prominent local firms that specialize in serving small and medium size companies. In 1998, American Express acquired the non-attest assets of several Chicago area accounting firms, including Altschuler, Melvoin and Glasser LLP, the largest of the firms. Rolling Meadows-based Dennis Nelson &Company, Ltd. and its affiliate Prompt Access, Ltd., and Berger Goldstein &Company, Deerfield, were also acquired in 1998. Checkers Simon &Rosner, formerly Chicago's 13th largest accounting firm, was acquired in 1997. American Express Tax and Business Services is one of the nation's fastest growing accounting and business advisory firms for small and mid-size companies. TBS currently has more than 60 offices in 18 states. Financial and business services include tax planning Tax planning Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer. and accounting, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. support, small business advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal and business technology consulting. In addition, TBS has expertise in a variety of industries, including health care, real estate, manufacturing and distribution, and hospitality. The American Express Company is a diversified worldwide travel and financial services company founded in 1850. American Express is a leader in charge and credit cards, Travelers Cheques, travel, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , tax preparation, business services, insurance and international banking. |
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