About two years ago, Jennifer Mitchell, owner of Account Sense in Kennewick, met a fellow accountant and discussed with him the possibility of a future buy-out when he was ready to retire.
That time has come with Account Sense recently buying Robert Vaughan, CPA of Kennewick.
“When Bob (Vaughan) finally set a retirement date, we connected and began discussions to hash out the details,” said Mitchell, a certified public accountant. “He’s a well-respected accountant and sole proprietor that has been a CPA since 1980, practicing in the Tri-Cities since 2006, the same year I opened Account Sense.”
Vaughan and Mitchell began planning for the sale last October, with Vaughan moving his practice into the Account Sense office at 6601 W. Deschutes Ave., Suite C, a beneficial move during the transition.
“Bob worked his last tax season in our office and was able to introduce his clients to me and our team,” Mitchell said. “They were each made aware of Bob’s retirement and the transition of his practice over to us.”
The sale became official last month, with Vaughan committing to stay on a couple more months to “make the transition as smooth as possible.”
“We have collaborated and have become good friends,” Mitchell said.