OnTarget CPA Company Profile

Background

Overview

OnTarget CPA is a certified public accounting firm based in Indianapolis, Indiana, specializing in accounting, taxation, and consulting services for individuals and small to medium-sized businesses. Established in 2015, the firm has rapidly grown to become one of the top CPA firms in the Indianapolis area.

Mission and Vision

OnTarget CPA is committed to providing proactive, personalized financial guidance to help clients navigate the complexities of accounting, tax laws, and financial decision-making. The firm's mission is to be a reliable partner in achieving financial success, emphasizing a relationship-driven and client-engaged approach.

Primary Area of Focus

The firm focuses on delivering comprehensive accounting, taxation, and consulting services tailored to the unique needs of small to medium-sized businesses and individual clients. Their services include entity selection and setup, budgeting, strategic planning, tax planning, and IRS resolution.

Industry Significance

OnTarget CPA has been recognized for its rapid growth and exceptional service, earning a spot on the Inc. 5000 list of fastest-growing privately held companies in the U.S. in 2022. This recognition underscores the firm's significant impact in the accounting industry, particularly within the Indianapolis market.

Key Strategic Focus

Core Objectives

OnTarget CPA aims to provide high-quality, personalized accounting and consulting services that empower clients to make informed financial decisions and achieve their business objectives. The firm emphasizes proactive tax planning, strategic financial guidance, and efficient resolution of tax-related issues.

Specific Areas of Specialization

Accounting and Consulting Services: Offering comprehensive support in entity selection, budgeting, strategic planning, and business consulting.

Taxation Services: Providing tax preparation, planning, and consulting to maximize tax benefits and ensure compliance with tax laws.

IRS and Tax Resolution Services: Assisting clients with IRS notices, compliance checks, late or unfiled tax returns, payment plans, and resolving issues with state-level agencies.

Key Technologies Utilized

OnTarget CPA employs modern technology solutions, including cloud-based accounting software and analytics tools, to enhance service efficiency and accuracy. The firm also utilizes online booking systems and digital communication platforms to facilitate client interactions and streamline processes.

Primary Markets or Conditions Targeted

The firm primarily serves small to medium-sized businesses and individual clients in the Indianapolis area, with a focus on industries such as healthcare, real estate, and hospitality. OnTarget CPA also caters to clients involved in rental real estate, business acquisitions, and estate planning, providing specialized tax and financial management services.

Financials and Funding

Funding History

As a privately held firm, OnTarget CPA has not publicly disclosed detailed funding information. The firm has achieved significant growth since its inception in 2015, as evidenced by its inclusion in the Inc. 5000 list of fastest-growing privately held companies in the U.S. in 2022.

Total Funds Raised

Specific details regarding the total funds raised by OnTarget CPA are not publicly available.

Notable Investors

Information about individual investors or investment rounds is not publicly disclosed.

Intended Utilization of Capital

While specific plans for capital utilization are not detailed, the firm's rapid growth and expansion suggest investments in technology, talent acquisition, and service diversification to enhance client offerings and operational efficiency.

Pipeline Development

As a service-oriented firm, OnTarget CPA does not have a product pipeline. Instead, the firm focuses on developing and expanding its service offerings to meet the evolving needs of its clients. This includes enhancing existing services and introducing new solutions in response to market demands and regulatory changes.

Technological Platform and Innovation

Proprietary Technologies

OnTarget CPA utilizes advanced accounting software and cloud-based solutions to provide efficient and accurate financial services. The firm also employs secure client portals for document sharing and communication, ensuring confidentiality and ease of access.

Significant Scientific Methods

The firm applies data analytics and financial modeling techniques to offer strategic insights and support decision-making processes for clients. Additionally, OnTarget CPA leverages tax research software to stay updated on tax laws and regulations, ensuring compliance and optimal tax planning strategies.

Leadership Team

Michael Jamison, CPA, CGMA

Position: President and CEO

Professional Background: With over a decade of experience in public accounting, Michael founded OnTarget CPA in 2015. He holds the credentials of Certified Public Accountant (CPA) and Chartered Global Management Accountant (CGMA).

Key Contributions: Under Michael's leadership, OnTarget CPA has experienced significant growth and recognition, including being named a top emerging CPA firm in 2023.

Renee Jamison

Position: Director of Operations

Professional Background: Renee joined OnTarget CPA in 2018, bringing nearly 20 years of experience in non-profit management.

Key Contributions: Renee has played a pivotal role in streamlining operations and supporting the firm's rapid growth.

Matthew Dammeier

Position: Senior Manager

Professional Background: Matthew has been with OnTarget CPA since its early days, contributing to various aspects of the firm's services.

Key Contributions: Matthew has been instrumental in client service and internal process improvements.

Madalyn Maxwell

Position: Manager

Professional Background: Madalyn has a background in accounting and has been with OnTarget CPA for several years.

Key Contributions: Madalyn oversees client accounts and ensures service quality.

Daniel Perry, JD

Position: State and Local Tax Manager

Professional Background: Daniel holds a Juris Doctor degree and specializes in state and local tax matters.

Key Contributions: Daniel provides expertise in navigating complex state and local tax regulations.

John Worth, EA

Position: Tax Resolution Manager

Professional Background: John is an Enrolled Agent with extensive experience in tax resolution.

Key Contributions: John leads the firm's tax resolution services, assisting clients with IRS and state tax issues.

Anna Starsiak

Position: Accounting Supervisor

Professional Background: Anna has been with OnTarget CPA for several years, progressing from staff accountant to supervisor.

Key Contributions: Anna supervises accounting staff and ensures the accuracy of financial reporting.

Paige Matheson

Position: Senior Accountant

Professional Background: Paige has a strong background in accounting and has been with the firm for several years.

Key Contributions: Paige handles complex accounting tasks and mentors junior staff.

James Walls

Position: Senior Accountant

Professional Background: James has extensive experience in accounting and has been with OnTarget CPA for several years.

Key Contributions: James manages client accounts and provides strategic financial advice.

Twinkle Patel, CPA

Position: Staff Accountant

Professional Background: Twinkle is a Certified Public Accountant with experience in various accounting roles.

Key Contributions: Twinkle supports accounting functions and assists in financial reporting.

Olivia Wright

Position: Staff Accountant

Professional Background: Olivia has a background in accounting and supports various firm accounting duties.

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