A small firm in our area was recently sold and it seems like the transition period is going to be extremely quick. It looks like the buyer is not really local (probably 75 + miles away). Nothing too unusual with that I guess.
But they are opting for a new generic name with just initials. There is a new website that is very cookie cutter, all previous staff info is gone and you would never know the old firm existed. No references to any CPA's at all
Could this be a situation where H&R Block bought the firm or Jackson Hewitt? Very unusual in these parts for a small firm to operate under just initials. Maybe some of the larger regional firms have switched to initials but not the small guys.
Does this fit their modus operandi? The mystery has me intrigued.