Stephen A. Reed Named IBCC "Entrepreneur of the Year"

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Our Story

Thomas & Reed, LLC is an Indianapolis, Indiana based firm, founded in 2004. Stephen A. Reed, CPA, MBA is the President/CEO and one of the firms’ founding members. Our team of experts has hundreds-of-years of combined experience successfully providing services in the public and private sectors in the areas of accounting, auditing, controllership, tax preparation and advice, staffing, consulting, construction accounting, and project management support. Our value-added approach stresses long-term customer relationships, a quick response to rapidly changing environments, and on-time/on-budget delivery of services. We are dedicated to quality and committed to excellence which has earned us a reputation for excellent customer satisfaction while contributing to their success.

In 2019, we acquired Blue River Medicar, a non-emergency medical transportation company, and a small construction company allowing us to expand our capabilities to include logistics, call center, Medicaid and Medicare billing, IT services, and concrete services.

Our Services

T&R CPA Services

Our staff is ready to assist you with all CPA services, including:

  • Accounting and Controllership
  • Auditing, Audit Rediness, & Compliance Reviews
  • Tax Preparation & Advisement Services
  • Staffing and Temporary Help
  • Payroll Services
  • Wealth Management & Advisement
  • Administrative Management & General Management Consulting Services

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Government

Our firm’s vast experience working with state & local government agencies includes supporting their efforts with their funding federal government agencies as demonstrated by our:
  • Capability Statement
  • Applicable NAICS Codes
  • Contracting Vehicles & Certifications
  • Client List
  • Past Performance Experiences

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T&R Logistics & Technology

We offer professional services for transportation and logistics solutions, including:
  • Non-Emergency Medical Transportation
  • Call Center & Answering Services
  • Billing, Medicaid/Medicare Billing
  • IT Services

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Latest News

The Internal Revenue Service recently announced updates to several amounts that are updated annually for inflation. The tax year 2025 adjustments described below generally apply to income tax returns to be filed starting tax season 2026. The tax items for tax year 2025 of greatest interest to many, include the following dollar amounts: Standard deductions. […]

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The Internal Revenue Service recently announced that the annual contribution limit for employees who participate in 401(k), 403(b), governmental 457 plans, and the federal government’s Thrift Savings Plan is increased to $23,500 in 2025, up from $23,000 in 2024. The limit on annual contributions to an IRA remains $7,000. The IRA catch‑up contribution limit for […]

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The IRS has opened a second round of the Employee Retention Credit Voluntary Disclosure Program (or “ERC VDP”) for businesses who may have improperly claimed the ERC in the past. The ERC VDP is open now and runs through Nov. 22, 2024. This ERC VDP helps businesses repay credits they received after filing ERC claims […]

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