The city of Indianapolis is about to get a boost in road funding from the state—at the expense of other cities and towns—after a discrepancy was found in how the formulas for certain taxes had been applied for years.
Judge Jane Magnus-Stinson said the former attorney and tax preparer “has a complete lack of respect for the law, for the tax code, his fellow citizens and for the court.”
The Justice Department’s April 25 press release—which announced Celadon had admitted to the fraud and agreed to pay $42 million in restitution—closes by noting that the investigation is ongoing.
Clerk-Treasurer Christine Pauley and recently fired Director of Internal Controls Ann Bingman on Tuesday night gave councilors conflicting information about the status of the city’s annual audit.
Indianapolis-based accounting firm Katz Sapper & Miller has sold a majority stake in KSM Consulting to Philadelphia-based private equity firm Renovus Capital Partners.
The U.S. Securities and Exchange Commission has accepted settlement offers from Katz, Sapper & Miller—the area's largest locally based accounting firm—and one of its partners for what the SEC described as "improper professional conduct."
Chicago-based firm Baker Tilly plans to acquire Indianapolis-based Umbaugh and a Minnesota-based firm in a three-way deal that will build one of the nation’s largest municipal finance advisory firms.
The move comes as Celadon works through a host of accounting and financial issues that were first announced in May 2017.
Indiana’s measure was the only state finance-related ballot measure to earn a “positive” indication in Moody’s post-election roundup, The Times of Northwest Indiana reported.
The IRS is making it simpler for business owners to deduct the cost of meals with customers and clients.
The new record comes on the heels of other signs that consumers are finally shrugging off a recession hangover, despite stubbornly stagnant wages that haven’t matched mushrooming corporate revenue.
A bookkeeper who pleaded guilty to defrauding a small Indianapolis-area construction company out of hundreds of thousands of dollars has been sentenced to nearly five years in federal prison.
A survey released Monday shows that only 30 percent of companies tried to raise outside financing during the previous three months.
Infrastructure & Energy Alternatives Inc. dismissed auditor Crowe Horwath and said it is taking steps to address the financial issues raised.
The U.S. Department of Justice is accusing a tax preparation business with two locations in Indianapolis of reporting false information on federal income tax returns. It is seeking to shut down the business.
KSM Consulting, part of Katz Sapper & Miller, is moving half of its employees downtown to a redesigned space just above street level on the city’s highest-profile real estate.
The new tax law will be anything but simple for many affluent Americans, who are now inundating their accountants for advice.
The appointment came the same day the Trump administration agreed to a "very substantial" payout to hundreds of tea party groups to settle a class-action lawsuit over burdensome IRS scrutiny in 2012.