Tax returns, bookkeeping and other accounting tasks were all done by hand - posting to ledger books, typing with manual or "new" electric typewriters and using carbon paper to make copies of documents. Black, royal-dial phones and pencils with erasers were standard office equipment.
Rosa Parks refused to give up her seat on the bus in the colored section to a white passenger after the white section filled up. Parks’ act of defiance became an important symbol in the civil rights movement.
On July 1 Marvin Henry and Gail Horne merged their accounting practices and founded Henry+Horne. The Firm started with 12 employees in three offices: Mesa (on Pepper), Phoenix (in the historic Luhrs Tower) and Casa Grande (on Florence Blvd).
Gail Horne established the Scottsdale office at 4320 N. Scottsdale Rd. in the new McCune Building adjacent to the tres-chic Fifth Avenue shopping and fashion district.
The Firm moved the Phoenix office from the Luhrs Tower to 222 W. Osborn and planted its roots there for another 19 years. The Firm was one of the first tenants in that building.
To accommodate our expanding client base, the Firm acquired three new offices in Coolidge, Eloy and Maricopa and inherited two electrical districts that became long-term clients.
The United States' Apollo 11 was the first manned mission to land on the Moon on July 20. To date, the United States is the only country to have successfully conducted manned missions to the Moon.
The relocation of the London Bridge to Lake Havasu City was completed. London sold the bridge because it couldn’t support the increased load of modern traffic. Each brick was numbered, moved and reconstructed in Arizona.
The Lake Havasu and Tempe offices were established along with the Information Technology Department. The Mesa office housed the Burroughs computer which filled the entire basement. The Firm also established the first official Henry+Horne Partnership Agreement.
The Firm produced its first newsletter, The Advisor, for employees but it was later expanded and mailed to clients. The Firm also re-created its logo using coins and a ruler. It was used for the next 37 years.
The American Institute of Certified Public Accountants (AICPA) lifted the ban on advertising and marketing by accounting firms and accountants. Henry+Horne developed a variety of promotional items (calendars, pens, golf caps, bumper stickers, clocks) to distribute to clients in appreciation for their business and to use in sponsored events.
On September 25, Sandra Day O’Connor took her seat on the U.S. Supreme Court – the first woman ever to do so. She was confirmed by the Senate in a vote of 99 for and zero against. She served for two decades.
The Firm started using Osborne I portable computers while the Pinetop, Tucson and Parker offices bought Northstar micro-computers to process client financial statements, ledgers, budget reports, depreciation schedules and tax planning schedules in their own offices. The Firm's administrative offices used a larger IBM computer.
The Firm successfully completed its first independent peer review of accounting and auditing practices. The reviewers concluded that our firm complies with the stringent quality control standards established by the American Institute of Certified Public Accountants (AICPA).
In March, two thieves disguised as policemen managed to carry out the largest art theft in history. They stole 13 pieces of rare artwork worth $500 million from the Isabella Stewart Gardner Museum in Boston. The case remains unsolved.
Henry+Horne, Certified Public Accountants became Henry+Horne, Professional Liability Company (PLC) – strictly an organizational change.
The Firm added another location, this time in cyberspace when www.hhcpa.com went online. That same year, an interoffice network was created, allowing e-mail, file change and electronic information retrieval.
The Firm celebrated its 40th Anniversary. At this time there were nine offices, 12 partners and approximately 80 full-time team members.
Millions of people realized they panicked for no reason on January 1st. The Y2K bug turned out to be a bust. Most problems were minor – the master clock showing the official time in the U.S. displayed the date as January 1, 19100.
Henry+Horne received an Art & Private Development award at the 25th Annual City of Tempe Beautification Awards event for the "Abacus" sculpture at the Tempe office. It was designed and created from limestone and glass inlay by local artist Otto Rigan.
Henry+Horne received the prestigious Best of the Best Silver Award from Bowman's Accounting Report, recognizing excellence in firm management; was recognized as one of the Valley's "Best Places to Work" in the Phoenix Business Journal's first-ever ranking of local companies on their best practices; and the Firm's team won first place in the Sand Sports Beach Volleyball League.
Arizona Governor Janet Napolitano appointed Henry+Horne partner Gary Fleming to the Arizona State Board of Accountancy.
Henry+Horne won the prestigious Sterling Award for Big Business recognizing excellence, innovation and community stewardship.
Barack Obama elected as America's first Black president.
The first rumblings of a growing discontent were heard when thousands of “Occupy Wall Street” protestors started what would become a months long sit-in near the New York Stock Exchange and at similar protests across the country.
Henry+Horne was recognized as one of the "Best Places to Work" in the Valley for the Ninth Consecutive Year by the Phoenix Business Journal and BestCompaniesAZ (BCAZ).
Henry+Horne was named a Best of the Best Firm, for the second time, and moved up the list of Top 200 Firms by Inside Public Accounting.
Henry+Horne named one of Arizona’s Most Admired Companies by AZ Business Magazine and BestCompaniesAZ for the third year in a row. Arizona’s Most Admired Companies are chosen based on how the company performs in workplace culture, leadership excellence, corporate and social responsibility, customer opinion and innovation.
Tax Cuts and Jobs Act, the biggest change to the tax code since the Tax Reform Act of 1983, became law in December. It also began the reformatting of the Form 1040, which now changes annually.
Henry+Horne joins the BDO Alliance, tapping the resources and knowledge of over 750 independent firms in nearly every state and includes a comprehensive range of services.
The COVID-19 virus circled the globe, upsetting economies and ushering in historical stimulus and tax legislation.
Henry+Horne launches Research + Development Tax Credit niche.
Stock market gains mark ten years of one of the best runs in history