Accounting firms merge to form new CPA and advisory company

In a move that will capitalize on the strengths of both organizations and expand their ability to serve their clients, Lovelady, Christy + Associates, PLLC (LCA) and Terra Accounting and Consulting, PLLC have merged to form LPT CPAs + Advisors, PLLC (Lovelady Pruiett Terra).

According to a news release, the merger brings together an established accounting firm led by Samuel B. Lovelady and Terry Pruiett with Johnny Terra, who has been recognized as a young leader in accounting and consulting in the area.

Terra Accounting and Consulting received the 2021 Top Emerging Business award from the Amarillo Chamber of Commerce. Terra Accounting was also recognized in the Amarillo Globe News' Best of Amarillo Awards as the Best Accounting Firm and the Best Tax Preparation Firm in 2021 and 2020, with Johnny receiving the Best Accountant recognition both years as well.

“I’ve been dedicated to finding partners who’d be good for our clients and our staff,” Lovelady said in the release. “Adding Terra’s energy and expertise to Pruiett’s vast knowledge of tax laws made good business sense.”

LPT will offer a full range of accounting and tax preparation services, as well as financial planning and consulting to ensure clients are on strong financial footing as they work to strengthen and expand their businesses.

Lovelady will continue to work with Pruiett, Terra and the rest of the LPT team as they offer new services to their clients. He said there will be no disruption of service and the firm’s clients will benefit from the merger.

For more information on accounting services and tax planning and preparation, call 806-373-4884.

Walmart and Sam’s Club pharmacies dispensing COVID antiviral medication

Walmart and Sam’s Club pharmacies began dispensing the authorized COVID antiviral medication, Paxlovid and Molnupiravir, in Texas through the U.S. Federal Retail Pharmacy Therapeutics Program starting Dec. 30, according to a news release.

Select Walmart and Sam’s Club pharmacies have received limited supplies of the COVID-19 antiviral medication. The medication is only available with a prescription from a healthcare provider. Customers and healthcare providers can go to https://www.walmart.com/covidmedication and use the store locator to find their nearest store or club that is carrying this medication to send the electronic prescription.

Since the COVID-19 antiviral medications are prescribed to those with COVID-19, it will only be available at Walmart and Sam’s Club by curbside pickup or via drive-thru pharmacy windows.

Walmart will also continue to make flu vaccines and other preventative vaccines available. To stay up-to-date on how Walmart and Sam’s Club are supporting the COVID-19 vaccine rollout, visit https://corporate.walmart.com/covid-vaccine.

Flare-X takes on emerging threats in new AI era

In the first quarter of 2022, Amarillo cyber security company Flare-X will launch its Real AI cyber ecosystem, according to a news release. This platform will drive changes the nation needs to safeguard itself from the malevolent use of AI, or Artificial Intelligence.

The Flare- X Real AI cyber ecosystem is on the eve of its launch after over a decade of engineering and cultivating a unique Real AI. Real AI is the next generation of what is currently referred to as Artificial Intelligence. The Flare- X Real AI can code software, generate creative content, make ethical decisions independently, come to a final decision independently, innovate and invent.

Visit them online for more information at www.flare-x.net.

This article originally appeared on Amarillo Globe-News: Business Seen: Accounting firms merge