San Jose, CA (February 12, 2019) – Abbott, Stringham & Lynch (ASL), one of the largest local CPA firms in Silicon Valley, is proud to announce that Jyothi Chillara has been promoted to Tax Principal, Josh Cross has been promoted to Audit Principal and Chris Madrid has been promoted to Tax Director, effective January 1, 2019.
In making the announcement, Abbott, Stringham & Lynch’s Managing Partner, Ray Scheaffer, said, “We are excited to welcome Josh and Jyothi to the partnership group. In addition, we are pleased to announce Chris’ promotion to Tax Director. Their expertise and exceptional leadership will continue to support and contribute to our firm’s growth and commitment to delivering superior quality and service.”
Jyothi Chillara has over 20 years of experience providing tax planning, compliance, and consulting services to inbound and outbound business entities and high net worth individuals. Her area of emphasis is federal, state and international taxation of business entities (corporations and pass-through entities) and their owners. Working in private industry has given her insight into clients’ needs, and has enabled her to combine her corporate experience and technical expertise to focus on client service in public accounting. Over the years she has developed expertise serving the following industries: technology sector, manufacturing sector and services sector.
She has completed the IBFD NA Advanced Professional Certificate in International Taxation and earned a certificate from UCLA in International Taxation. She is one of ASL’s tech blog writers.
Jyothi has a Bachelor’s degree, Commerce in Accounting, from Osmania University, India. She also holds a Master’s degree, Taxation, from San Jose State University.
“I am excited to be a partner at ASL and be part of this incredible team,” said Chillara. “I am looking forward to developing the next generation of future leaders and contributing to the growth and success of the firm.”
Josh Cross has over 13 years of public accounting and audit experience serving privately held companies and nonprofit organizations, including those subject to audit requirements in accordance with OMB’s Uniform Grant Guidance (formerly OMB Circular A-133). Privately held companies consist of engineering consulting firms, construction contractors, and manufacturing and distribution companies. Josh has also worked on review and compilation engagements and assisted with business consulting for closely held businesses.
Josh holds a Bachelor of Science degree, Accountancy, from Northern Illinois University and a Master’s degree, Information Systems, from Northern Illinois University. He is a licensed CPA in both California and Illinois.
“I believe you should strive for excellence in everything you do and the ASL partners and staff embody that philosophy,” said Cross. “I am excited and proud to become a partner at ASL and I look forward to contributing to the continued success of the firm, our clients and our employees.”
Chris Madrid has over 20 years of experience, which includes both public accounting and private industry. In addition to serving the needs of high-income/high-net-worth individuals, by providing tax planning and income tax preparation, Chris has developed significant expertise in estate, gift and trust taxation. She is an expert in the preparation of estate tax returns, and enjoys working with executors and trustees in the area of trust and estate taxation, planning, and estate administration. Her time as the controller of a family owned business has given her insight into the needs of the owners and their closely held businesses, particularly as it applies to estate and gift planning.
Prior to their merger with ASL, Chris worked as a manager at Boitano, Sargent & Lilly, LLP.
Chris has a Bachelor of Science degree, Commerce (Accounting concentration), from Santa Clara University.
“It is an honor being named as a director with Abbott, Stringham & Lynch,” said Madrid. “I look forward to contributing towards helping our clients with planning and compliance, and to helping train and develop our next generation of leaders.”
About Abbott, Stringham & Lynch
Founded in 1977, ASL offers a wealth of experience in delivering high-quality services and specialties to its clients. The firm works with emerging- and middle-market privately held businesses to help them thrive in their markets. It also partners with high net worth individuals – owners, founders, and executives – to help them protect and grow their wealth. ASL identifies untapped opportunities, challenges, and solutions, enabling clients to make the effective and timely decisions today that lead to a fuller and more secure tomorrow.
Designed to facilitate quality decisions, ASL’s services cover corporate tax planning and compliance, assurance and accounting, estate and gift tax planning, litigation support, succession planning and valuation. The firm’s services are contextualized by its specialties in real estate, construction, technology, family wealth and individual tax, emerging businesses, manufacturing and distribution, nonprofit organizations, renewable energy, and recreation and entertainment.