According to the Burlington FreePress, three senior managers at KPMG's Vermont office are leaving KPMG to start their own firm. They are leaving now because they believe they have a built-in set of clients since, per a settlement agreement with the Department of Justice, KPMG agreed to shut down its private client tax consulting practice nationwide by February 26.
It is estimated that KPMG provides tax services to between 300 and 400 customers in Vermont, and the new firm is planning to make follow-up telephone calls to those individuals attempting to pick them up as clients.
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