Decosimo And Larry Hyatt Accounting Firms Merge

Wednesday, December 18, 2013

Larry Hyatt & Associates of Brentwood, Tn., a specialty firm recognized as a leading authority in state and local taxes, has merged with Decosimo, a Top 100 regional CPA firm headquartered in Chattanooga. Larry Hyatt joins the firm as principal and director of State and Local Tax. 

Officials said the merger will significantly enhance Decosimo’s state and local tax expertise in each of the firm’s nine U.S. offices located in Tennessee, Alabama and Georgia and Ohio. It will also broaden and deepen Decosimo’s resources in servicing this continually growing and essential area for state, national and international businesses alike. The merger also brings to Larry Hyatt & Associates’ current clients additional tax, audit, valuation, due diligence and other consulting capabilities for a more complete package of services available under the same firm umbrella.

“This merger will bring our existing clients additional expertise that is critical to businesses for state and local tax audits by taxing authorities, as these taxes are becoming increasingly burdensome and require resolution for sustained success and expansion,” said Nick Decosimo, managing principal of Decosimo. “This clearly is a mutually beneficial union for both firms and is expected to result in substantial growth.”

In addition to Decosimo’s existing downtown Nashville location, the newly-merged firms will have space in Brentwood’s Maryland Farms office park. 

Ranked among the Top 100 accounting firms, Decosimo now has office locations in Brentwood, Chattanooga, Knoxville, Memphis and Nashville; Atlanta and Dalton, Ga., Cincinnati, Ohio; Huntsville, Ala., and the Cayman Islands.  


Dixie Group Reports Drop In Sales, $4.7 Million Loss For 1st Quarter

The Dixie Group, Inc. (NASDAQ:DXYN) on Tuesday reported financial results for the quarter ended March 26, 2016, including a drop in sales and a $4.7 million loss. For the first quarter of 2016, the company had net sales of $89,234,000, or 6.9 percent below, sales of $95,855,000 in the first quarter of 2015. The company had a loss from continuing operations of $4,757,000 for ... (click for more)

Fairway Outdoor Advertising Names Heather Nelson New General Sales Manager

Fairway Outdoor Advertising announced Heather Nelson has joined the company in the role of general sales manager. Ms. Nelson has over 26 years experience in outdoor advertising. She spent 18 years in Chattanooga as sales manager and account executive for Fairway Outdoor and its predecessors, Clear Channel Outdoor, Eller Media and Universal Outdoor. Prior to that she was employed ... (click for more)

County Commission Told To Fully Fund County Schools Improvement Request Would Take 28 1/2-Cent Property Tax Increase; 78 School Personnel Would Be Added

County Mayor Jim Coppinger told members of the County Commission at a budget workshop on Tuesday that it would take a 28 1/2-cent property tax increase to fully fund the county school budget request. The county schools are asking for $24,218,919 in new money for a focus on workforce readiness, literacy and low-performing schools. County Mayor Coppinger did not say whether ... (click for more)

Judge Poole Rules In Favor Of State On Billy Hawk Murder Cold Case Motions

Criminal Court Judge Don Poole has ruled that the state can introduce at the murder trial of Billy Hawk testimony about his alleged drug involvement with the victim in the case, Johnny Mack Salyer. Hawk is charged in the 1981 murder of Salyer, whose body was found in a 55-gallon drum in the Tennessee River. The witnesses indicated that Salyer was cooperating in the drug case ... (click for more)

Marvelous News From Central High School

To Roy Exum:     With all the recent news of major dysfunctions within our educational system, I thought I might alert you to something better. About a year ago you ventured up Highway 58 to Central High School to represent your late grandfather, Roy McDonald, as he was honored as a Distinguished Alumnus during the annual Senior Day festivities. I sort of expected ... (click for more)

Roy Exum: Yes, A Social Experiment

JoeySalads, his screen name, is widely known for his funny pranks except for the fact he calls them “social experiments.” So while we are still on the transgender-restroom issue, our boy JoeySalads got a transgender friend to approve his attire before he tried his luck at entering women’s restrooms. I don’t think you’ll be real surprised at what really happened in this video. Click ... (click for more)