Somerset CPAs PC will pay $500,000 to settle litigation brought by the bankruptcy trustee of Fair Finance Co., the Ohio-based firm that convicted financier Tim Durham used to conduct a major Ponzi scheme.
Beyond Payroll LLC, which said it will add the jobs by 2106, is leasing 2,000 square feet of space in the downtown Stutz Building.
Auditors reviewing $526 million in tax errors made by Indiana's tax collection agency said Monday they will investigate whether state employees are knowledgeable enough to track tax collections and whether the state has adequate internal controls to guard against future errors.
Blue & Co. LLC, Katz Sapper & Miller LLP and Kemper CPA Group LLP are the only three locally based accounting firms to make Inside Public Accounting’s latest annual top-100 list.
Four principals and about a dozen other staff accountants and support staff at Meridian will join Somerset in August. Somerset is Indianapolis’ seventh-largest accounting firm, based on the number of local full-time employees.
The lawsuit accuses convicted money manager Keenan Hauke’s former accounting firm of negligence for failing to monitor Hauke’s bank accounts, enabling him to use investor funds for his personal use. Hauke was sentenced in March to 10 years in prison.
Indiana's state budget leaders picked international accounting firm Deloitte on Monday to determine the scope of an external audit looking at how the state lost track of more than $500 million in tax revenues.
Indiana's state budget leaders on Monday are expected to take another step toward finding what caused more than $500 million in tax-revenue accounting errors, but a final answer is still a long way off.
Accounting, church jobs lead to software firm that helps tax accountants manage property tax disputes.
The head of the national accounting firm’s Indianapolis office will lead the entire company effective June 1.
Indiana budget leaders are looking for an external auditor to review the state Department of Revenue after workers discovered $526 million in errors in recent months.
The U.S. Justice Department is going to court in an effort to close a tax preparation company called Instant Tax Service and its offices in Indianapolis and four other cities, accusing franchisees of preparing fraudulent tax returns to maximize refunds and extract large tax preparation fees.
Michael Becher will leave the local office of the accounting firm after a 36-year career, including 20 years as its leader. He’ll be succeeded by Mary Boelke, who’ll becomes just one of two female managing partners among the city’s top 20 accounting firms.
An Indianapolis attorney has pleaded guilty to theft charges after prosecutors say she took nearly $600,000 from two accounts for which she was responsible.
DECA Financial Services LLC plans to add 140 jobs by 2015 as part of a $2.6 million expansion that includes the purchase of a building on Visionary Way in Fishers.
The foundation of Alpha Tau Omega accuses Indianapolis-based K.B. Parrish & Co. LLP of malpractice and breach of contract stemming from $400,000 in missing funds allegedly taken by a former employee.
Kim Hutchison, 52, the former treasurer of Greenwood-based J. Greg Allen Builders and Princeton Homes, has been sentenced to 18 months in prison for allegedly stealing more than $446,000 from the now-closed companies.
A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from MacAllister Machinery’s purchase of a Caterpillar dealership in Michigan to Herff Jones’ acquisition of a Memphis, Tenn.-headquartered maker of cheerleading uniforms.
Republican members of the State Budget Committee have rejected Democrats' request for an independent audit of the Indiana Department of Revenue for misplacing $320 million.
Indianapolis-based MyJibe LLC, an up-and-coming budgeting and personal finance software firm that was launched by two 20-something entrepreneurs last January, has already been acquired.
