In 1971, Mike Marston and Bob Spence formed the foundation of Spence Marston Bunch & Morris. Shortly thereafter, they brought in Ed Bunch who would act as the managing partner for decades. And eventually, George Morris was added as a partner through acquisition of George’s prior firm. In 2006, Ed’s son Steve Bunch joined the firm, and became a partner four years later.
In 1974, Gordon Spoor left the local firm where he was working to start a new accounting firm that better matched the culture and values he believed in. His goal was simple: to build a family-oriented environment where employees could pursue their career aspirations in public accounting while also leading a balanced lifestyle. In 1997, Gordon’s son W.G. Spoor joined the firm, and became a partner a few years later. Gordon and W.G. added their third partner in 2010 with the addition of Rich Franz, who joined the firm in 2004.
With Mike, Bob, and Ed passing the torch to Steve, and with Gordon handing off firm management to W.G. and Rich, the next generation began steering their respective firms. In 2015, WG, Steve, and Rich extensively discussed what a merged firm would look like – and it became clear that the combination would result in enhanced capabilities, expanded opportunities for employees, and an even stronger foundation for the service of clients.
In 2016, Spence Marston Bunch & Morris and Spoor & Associates merged to form Spoor Bunch Franz, which now has over 45 team members. After four-plus decades, Spoor Bunch Franz continues to embrace the original values of its original founders.
While Spoor Bunch Franz has grown to become one of the largest local accounting firms in Tampa Bay, we are still a family-oriented firm at our core. We are an organization that’s focused on people – both the success of our employees as well as the businesses and individuals we serve.
At Spoor Bunch Franz, our depth and breadth of knowledge, combined with our low attrition, give us a distinct competitive advantage over other firms. Our clients consistently praise our ability to return the same client service professionals to their account year after year. We understand that quality client service begins with a genuine care and respect for our people.
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For many business owners, September tends to bring a bit of a slowdown. The chaos of getting kids prepared for going back to school has passed, and a focus on saving money tends to kick in as people prepare for the coming holiday spend. Combined, this can often translate into a lull for business owners.
This is a friendly reminder that the Q3 tax estimate payment deadline is coming up fast. Be sure to make your payment by September 15, 2018 to avoid penalties. Currently, penalties for late or no payment average about 4 percent. And wouldn’t you rather keep that money in your pocket?
According to new rules from the Tax Cuts & Jobs Act, meals and entertainment tax-deductible expenses for businesses have undergone considerable reform. Because the explanations of new deduction guidelines can be confusing, we’ve created this brief outline for you. A visit with your accounting professional to ensure your Chart of Accounts is correct may also be beneficial.