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Katz Nannis + Solomon P.C. Announces Change In Firm Ownership & New Leadership

FOR IMMEDIATE RELEASE Contact: Janey Bishoff or Pam Sullivan Bishoff Communications 617.573.0076

KATZ NANNIS + SOLOMON P.C. ANNOUNCES CHANGE IN FIRM OWNERSHIP & NEW LEADERSHIP

Needham, MA– Katz Nannis + Solomon P.C. (KNS) Certified Public Accountants announce a change in the firm ownership structure with Allen Katz, Larry Nannis, and Jeff Solomon as shareholders.  Katz, Nannis, and Solomon were formerly shareholders of Levine Katz Nannis + Solomon, P.C., a leading regional CPA firm.  Jeff Solomon is the new Managing Shareholder. Operating in the same Needham location, the newly constituted firm continues to specialize in serving emerging businesses and technology companies, government contractors, high net worth individuals and families, restaurant and food service companies, professional service and real estate firms. Says Jeff Solomon, “In today’s challenging economic environment, owners of businesses at all points in the growth curve and high net worth individuals want a trusted advisor to help them navigate through these times and the road ahead.   As leaders known for providing thoughtful counsel and exceptional client service, we are committed to continuing and expanding our firm’s capacity to advance this mission.” Adds Larry Nannis,“We are excited to be moving forward in a manner that will create added growth opportunities for our employees as well as benefits for our clients.  Our experience in helping technology and other emerging and entrepreneurial companies manage their growth, as well as our special expertise in tax issues, and in the financial and accounting needs of government contractors will continue to fuel the firm’s growth.” As a full service CPA firm, KNS offers accounting and auditing services, tax planning, business planning, valuation, and financial consulting on merger and acquisitions and other growth issues. The firm’s founders are leaders in both the profession and in the business community.  Allen Katz is currently chairman of the American Institute of Certified Public Accountants’ (AICPA’s) National Accreditation Committee and was a past chairman of the AICPA’s Uniform Accountancy Act Committee, where he worked with all fifty states to establish uniform accountancy laws and regulations. In Massachusetts, he is a past president of the Massachusetts Society of Certified Public Accountants (MSCPA), and led the initiative to implement a peer review requirement in the state. Larry Nannis is the current Chair of the National Small Business Association (NSBA), a national nonprofit membership organization representing more than 150,000 small businesses across all sectors and industries of the U.S. economy and the oldest national small-business advocacy organization.  He is a past-chair of the Smaller Business Association of New England (SBANE), a New England organization providing a legislative voice for small business at the state and Federal level, and making practical information available to help business owners grow their business. Jeff Solomon currently serves as an AICPA Council member and is the Immediate Past Chairman of the MSCPA.   He has held positions in that organization such as Vice President of Finance and Chairman of the Accounting and Auditing Board.  Active in the Boston community, he is a Board member and Treasurer of the MIT Enterprise Forum and a former director of SBANE.  Solomon is a Certified Valuation Analyst (CVA) and a former Editorial Advisor to the Journal of Accountancy.  He has published numerous articles in both Mass High-Tech and The Boston Business Journal. The majority of the employees of the former firm will become employees of KNS.

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