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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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:
  • Applicable NAICS Codes
  • Contracting Vehicles & Certifications
  • Client List
  • Past Performance Experiences

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T&R Construction Services

We offer professional services for commercial, institutional, and industrial construction work, including:
  • Construction Accounting
  • On-Site or Remote Accounting Staffing Services
  • Concrete Services
  • Site Preparation
  • Fencing

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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

When completing their income tax return, taxpayers can make certain choices or elections that can really impact the amount of tax that’s due. Here are a few common examples that can create tax savings opportunities if you elect the correct option. Tax filing status. Typically, filing a joint tax return instead of filing separately is […]


Recent college graduates are graduating with record-setting levels of debt from student loans, reaching a total of $1.5 trillion in 2019. Fortunately, there are ways to get some relief from this debt and take advantage of a few tax breaks at the same time. Here are four ways you can reduce the strain of repaying […]


A 529 savings plan is a special type of account that allows after-tax funds to be used to pay for college and K-12 education expenses. As long as the funds are used to pay for qualified expenses, any earnings or interest in the savings plan are tax-free. Any unused earnings on funds are subject to […]