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 IRS has announced a delay of the new $600 Form 1099-K reporting threshold for third party settlement organizations for calendar year 2023. Instead, the agency will treat 2023 as an additional transition year. As a result, reporting will not be required unless the taxpayer receives over $20,000 and has more than 200 transactions in […]

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The IRS has announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes. Here are some highlights: The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023. For […]

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The contribution limit for employees who participate in 401(k), 403(b), and most 457 plans, as well as the federal government’s Thrift Savings Plan is increased to $23,000, up from $22,500. Additionally, the limit on annual contributions to an IRA increased to $7,000, up from $6,500. The IRA catch‑up contribution limit for individuals aged 50 and […]

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