Our People

Our team at MKR consists of only ten people, but we are a group of experienced, dedicated and passionate professionals. We love what we do, and we love serving our clients.

Peter A. McAllister CPA - Accountant Indianapolis

Independent Consultant

Indianapolis, IN

PHONE  317.549.3091 x203  |  FAX  317.543.3072


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Born and raised in the greater Indianapolis area, Pete McAllister, CPA, joined McAllister Kittell Reed in 1978 as a staff accountant after graduating from the University of Indianapolis, and was promoted to partner in 1983. As a former partner, Pete managed the day to day operations of the firm until December 2020 and would regularly contribute his experience in small business accounting, corporate and individual tax preparation. Pete is now an Independent Consultant for MKR and still works with some clients.

Currently, Pete and his wife Carol live in Mooresville, IN. Together, they enjoy recreational activities like softball and golf, traveling, and spending time with family and friends. Other than his wife, Pete’s true love is for his Corvettes: After purchasing his first Corvette, a used 1986 coupe in 1998, he has since owned 9 different models. Pete currently has three Corvettes:  A 1996 Grand Sport Coupe (for show), a Customized 2004 Coupe (for show), and a 2013 Grand Sport Convertible (for fun).

Pete loves his work and, when speaking of his clients, says, “Our clients are not just names, they are not just businesses – they are friends, and we like to think of them as part of the MKR family.”

Pete’s Recent Articles

Professional Services: Post-Pandemic and the New Normal

The pandemic lockdowns led to many professional service firms closing doors and, wherever possible, moving staff to home offices in anticipation of a temporary mode of operation. One year later, however, health safety concerns and economic uncertainty are still prevalent, prompting firms to think about a “new normal” post-COVID-19. This article covers some important points […]
Read More

Employee Retention Tax Credit Opportunities for 2021

The Consolidated Appropriations Act, 2021 (the Act) signed into law by President Trump on Dec. 27, 2020 includes significant modifications to the Employee Retention Tax Credit (ERC) enacted under the CARES Act. The credit originally provided a 50% refundable tax credit for businesses that maintain employee payroll, even amidst temporary business closures due to government-mandated […]
Read More

Business Tax Changes and Extenders in the New Stimulus Package

President Trump recently signed a second stimulus package—called the Consolidated Appropriations Act, 2021 (Act)—into law. The legislation includes over $300 billion in aid for small businesses. Below is a breakdown of some of the business tax changes and extenders in the new COVID-19 relief bill. Payroll Tax Credit for Paid Sick and Family Leave The […]
Read More

Read All Authored Articles

Peter A. McAllister, CPA - Accountant Indianapolis

Independent Consultant

Indianapolis, IN

PHONE   317.549.3091 x203
FAX   317.543.3072



--

Born and raised in the greater Indianapolis area, Pete McAllister, CPA, joined McAllister Kittell Reed in 1978 as a staff accountant after graduating from the University of Indianapolis, and was promoted to partner in 1983. As a former partner, Pete managed the day to day operations of the firm until December 2020 and would regularly contribute his experience in small business accounting, corporate and individual tax preparation. Pete is now an Independent Consultant for MKR and still works with some clients.

Currently, Pete and his wife Carol live in Mooresville, IN. Together, they enjoy recreational activities like softball and golf, traveling, and spending time with family and friends. Other than his wife, Pete’s true love is for his Corvettes: After purchasing his first Corvette, a used 1986 coupe in 1998, he has since owned 9 different models. Pete currently has three Corvettes:  A 1996 Grand Sport Coupe (for show), a Customized 2004 Coupe (for show), and a 2013 Grand Sport Convertible (for fun).

Pete loves his work and, when speaking of his clients, says, “Our clients are not just names, they are not just businesses – they are friends, and we like to think of them as part of the MKR family.”

Pete’s Recent Articles

Professional Services: Post-Pandemic and the New Normal

The pandemic lockdowns led to many professional service firms closing doors and, wherever possible, moving staff to home offices in anticipation of a temporary mode of operation. One year later, however, health safety concerns and economic uncertainty are still prevalent, prompting firms to think about a “new normal” post-COVID-19. This article covers some important points […]
Read More

Employee Retention Tax Credit Opportunities for 2021

The Consolidated Appropriations Act, 2021 (the Act) signed into law by President Trump on Dec. 27, 2020 includes significant modifications to the Employee Retention Tax Credit (ERC) enacted under the CARES Act. The credit originally provided a 50% refundable tax credit for businesses that maintain employee payroll, even amidst temporary business closures due to government-mandated […]
Read More

Business Tax Changes and Extenders in the New Stimulus Package

President Trump recently signed a second stimulus package—called the Consolidated Appropriations Act, 2021 (Act)—into law. The legislation includes over $300 billion in aid for small businesses. Below is a breakdown of some of the business tax changes and extenders in the new COVID-19 relief bill. Payroll Tax Credit for Paid Sick and Family Leave The […]
Read More

Read All Authored Articles

Pete’s Areas of Expertise:

Education

  • Bachelor of Science in Accounting, University of Indianapolis (1978)
Memberships

  • Indiana CPA Society