Local software upstart sold after less than year in business
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.
Accounting
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Dynasty trusts let wealthy escape estate, gift taxes forever
Carmel financial executive among those who plan to shield millions of dollars in a dynasty trust, so it can be passed on to multiple generations of descendants while paying as little in taxes as possible.
Military accounting firm closing; 84 jobs lost
Virginia-based Kearney & Co., an accounting firm that provides financial services for the federal government, will close its office at the Defense Finance and Accounting Services Center on the east side, resulting in the loss of 84 jobs.
Accountants lose court battle with former firm
A Marion County judge ruled against three former partners in a local accounting firm who were trying to collect the full amount of their stock ownership after they left the company to start a rival firm.
Westfield businessman jailed for tax evasion
U.S. Attorney Joseph Hogsett said Joseph Hinshaw, 57, under-reported his income from 2003 to 2007 to avoid taxes and to obtain federal and state student loans.
Uptick in M&A activity suggests a turnaround
Fourth quarter helps to bolster 2010 deal-making.
Indiana to stop mailing out state income tax forms
The State Department of Revenue estimates the change will affect about 1 million taxpayers and save the state about $200,000 in the next fiscal year.
Accounting change could have huge impact on real estate leasing
Proposal requires companies to book leases as assets, and stands to shift the momentum to purchases.
Indianapolis-area experts see bright spots amid ongoing real estate weakness
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
LEADING QUESTIONS: CPA Sponsel takes calculated risk
With a family history rich with entrepreneurs, Tom Sponsel decided late in his accounting career to strike out on his own.
Two Indianapolis accounting firms among best-managed
BGBC Partners LLP and Katz Sapper & Miller LLP were recognized in the latest annual ranking compiled by Inside Public Accounting.
Two Indianapolis accounting firms make top 100 list
Katz Sapper & Miller LLP and Blue & Co. LLC again are the only two local accounting firms to crack Inside Public
Accounting’s annual top-100 list.
IRS rules might solve not-for-profit mystery
New filing requirement promises real numbers, but compliance is weak.
Ohio congressmen seek to raid Indy defense accounting jobs
U.S. Reps. Kucinich and LaTourette say about 225 Marine Corps IT jobs belong in Cleveland instead of Indianapolis.
Accountant files suit against former firm, partner
A contentious split between two prominent accounting partners is getting even uglier after a lawsuit filed by one of them
has the other pledging to counter sue.
Loss of partner at accounting firm Greenwalt Sponsel results in new name
The firm is now Greenwalt CPAs following the departure in September of Tom Sponsel, who launched Sponsel CPA Group.
Record number of Indiana taxpayers e-filed this year
Indiana taxpayers filed a record 2.2 million electronic federal tax returns this year.
Study: Taxing services could yield state $6.8B
The non-partisan Indiana Fiscal Policy Institute this morning released a new study exploring the ramifications of expanding
the state’s sales tax to include services.
Events to teach personal finance, money management
Hundreds of free events to educate consumers on personal finance and money management will occur around Indiana the week of
Oct. 10-17 as part of the Federal Reserve Bank of Chicago’s annual Indiana Money Smart Week.
Spurned Sponsel creates own CPA firm
A longtime partner of Indianapolis-based Greenwalt Sponsel & Co. Inc. has left the accounting firm and started his own after
he said it became apparent he would not become managing partner.