Koontz & Parkin joins Rea & Associates FAQs | Rea CPA

Koontz & Parkin joins Rea & Associates FAQs

Rea & Associates is excited to announce that Koontz & Parkin has merged with Rea & Associates, effective June 1, 2024.  

Rea & Associates offers services far beyond that of a traditional accounting firm, including information services, managed IT, retirement plan consulting, wealth management solutions, as well as valuation and transaction advisory services.  

You may have some questions about this merger. To answer these questions, we’ve compiled a list of frequently asked questions and answers. If, after reading through this page, you still have questions, please don’t hesitate to contact your Rea or Koontz & Parkin advisor. They are happy to answer any question or concern you have about the merger. 

How will this merger affect me?

Rea and Koontz & Parkin have had strong ties for years. This merger will elevate the experience and provide a more well-founded suite of services available to clients of Koontz & Parkin. That said, you will not notice much change in your day-to-day experience with either firm. 

Will I still work with the same team?

Absolutely! The service team you’ve been accustomed to working with over the years will stay the same. Relationships are critical in this business, and we are committed to maintaining and reinforcing the trust you’ve placed in our firm and individual team members.  

Will my rates go up?

Nope! This merger is about uniting our two firms for the purpose of providing our clients with access to a more robust service line and a highly regarded team of industry experts – not raising rates. You will see absolutely no negative changes in the service you currently receive, your fees or your service team.  

How do I contact my advisor?

Even though the two firms have merged, all phone numbers and email addresses will remain the same. So you can continue to use the telephone numbers and email addresses you’ve always used.  

If you have additional questions, we are happy to answer any question you may have. Give us a call! 

Will members of the Koontz & Parkin team be moving?

Currently, the Koontz & Parkin office is located in Sarasota, Florida. It will not be moving.  

How will the merger affect the name of the firm?

Koontz & Parkin will begin operating as Rea & Associates on June 1, 2024. Rea is currently going through a rebrand, which we are excited to share with you in November. Because of this upcoming change, our building signage will remain Koontz & Parkin until the rebrand launches later this year. 

Who is Rea & Associates?

Rea is a full-service Top 100 CPA and advisory firm serving a diverse client base. Through this combination, we’ll be able to better serve our clients with enhanced niches and services. Clients will also have direct access to a wider array of services including CPA services and more. Rea offers more robust specialty teams in the manufacturing, construction, dental, not-for-profit, health care and government industries.  

For more than 85 years, Rea has proved itself as a top-notch Ohio firm. It truly focuses on helping its clients find solutions to the issues they face.  

Rea has about 450 employees in offices across Ohio and beyond. 

Who is Koontz & Parkin?

Located in Sarasota, Florida, Koontz & Parkin, CPAs offer clients extensive knowledge and experience in the areas of tax planning, tax preparation, tax problem resolution, and client representation before government tax authorities. As dedicated tax professionals, Koontz & Parkin strive to provide outstanding service for our clients. The priority is to develop a long-term relationship based on integrity, wisdom, and trust. 

Koontz & Parkin’s team members have a client-service mindset, and its company culture that is very much in line with Rea’s. 

Why did the two firms merge?

With the addition of Koontz & Parkin, Rea & Associates reaffirms its dedication to providing services that help grow and protect its clients’ CPA solutions. Rea’s current accounting and consulting services go hand-in-hand with Koontz & Parkin, and through the merger, Rea will be able to serve clients with a more coordinated team approach, alongside creating additional client service offerings. 

Not only will Rea clients benefit from Koontz & Parkin’s suite of services, but Koontz & Parkin clients will now have access to some of the greatest accounting and consulting professionals in the country. 

Do I need to do anything?

No! There is nothing you need to do as a result of this merger other than continue to reach out to us if you have any questions or concerns. In the meantime, you can visit www.reacpa.com or www.koontzparkin.com for a wealth of content and insight. You are sure to find tips and practices to help facilitate even greater business success.