This month marks the 45th anniversary for Teal, Becker & Chiaramonte, CPAs, P.C. (TBC), the largest CPA firm in the Capital Region.
John Chiaramonte, a founder of the public accounting firm, now serves as Chairman of the Firm. He recently shared his reflections on doing business for 45 years.
“The automation and tax complexity has definitely changed from then to now, but the way we do accounting has always been the same,” said Chiaramonte. “It’s been a lot of fun. We’ve really been blessed with good fortune and associates, and we’ve grown because of them.”
The namesakes of the Firm, Ron Teal, Larry Becker, and John Chiaramonte founded TBC in 1971. Ron Teal, who last helped TBC during tax season in 2015, congratulated the Firm on its 45th anniversary. “I’m glad I was a part of it for many years and that they are continuing,” said Teal. “I always enjoyed working with all of the people. It was a very friendly atmosphere to work in, and I think that helps to make the Firm continue.”
Becker, who left his career in public accounting in the 1980s to establish a real estate development business, has been a loyal client for more than 30 years.
“Windsor Development has happily used TBC for tax services since its inception,” Becker said. “I have watched the growth of TBC with great admiration always knowing it would be a success, and am sure that success shall continue in the future.”
Nearing its fifth decade of client service, TBC has been serving thousands of businesses and individuals in the areas of accounting, auditing, tax and advisory services, as well as other specialty services including pension administration services, employee benefit plan audits, estates and trust planning and administration, business valuations, forensic accounting and cost segregation studies. Over the last 45 years, the Firm has significantly grown its client base and looks to continue this trend, while continuing to provide the close, personal attention that the clients need.
One aspect of the Firm that has certainly changed is its size. Starting with only four employees, today it employs 95 associates. While the Firm has moved its physical location several times to accommodate the growing number of employees, the current staff all operate out of one office building located at 7 Washington Square – and there are no plans to change the headquarters.
For more information about the history of TBC, visit our website at https://www.tbccpa.com/about/history/.