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

Managing Partner

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 partner, Pete manages the day to day operations of the firm and regularly contributes his experience in small business accounting, corporate and individual tax preparation.

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

Hidden Retirement Fees to Be Aware Of

Financial advisors commonly advise their clients to seek investments with high returns in order to maximize their retirement funds, but most investors don’t realize that high fees are eating into those earnings. While fund fees have steadily declined in recent years, many investors don’t realize how much they’re paying in fees to begin with or […]
Read More

How to Avoid the Alternative Minimum Tax

Congress originally designed the Alternative Minimum Tax (AMT) to make sure wealthy taxpayers who take advantage of multiple tax breaks and itemized deductions would still pay their fair share in federal income taxes each year. The AMT produces around $60 billion a year in federal taxes from the top one percent of taxpayers. However, because […]
Read More

The Effect of Rising Interest Rates on Small Businesses

Amidst a strengthening labor market, rising economic activity, and a declining unemployment rate, the Federal Open Market Committee (FOMC) decided last month to raise the federal funds rate – the interest rate at which banks and credit unions lend Federal Reserve funds to other banks and credit unions overnight – by a quarter-point, from 1.75 […]
Read More

Read All Authored Articles

Peter A. McAllister, CPA

Managing Partner

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 partner, Pete manages the day to day operations of the firm and regularly contributes his experience in small business accounting, corporate and individual tax preparation.

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

Hidden Retirement Fees to Be Aware Of

Financial advisors commonly advise their clients to seek investments with high returns in order to maximize their retirement funds, but most investors don’t realize that high fees are eating into those earnings. While fund fees have steadily declined in recent years, many investors don’t realize how much they’re paying in fees to begin with or […]
Read More

How to Avoid the Alternative Minimum Tax

Congress originally designed the Alternative Minimum Tax (AMT) to make sure wealthy taxpayers who take advantage of multiple tax breaks and itemized deductions would still pay their fair share in federal income taxes each year. The AMT produces around $60 billion a year in federal taxes from the top one percent of taxpayers. However, because […]
Read More

The Effect of Rising Interest Rates on Small Businesses

Amidst a strengthening labor market, rising economic activity, and a declining unemployment rate, the Federal Open Market Committee (FOMC) decided last month to raise the federal funds rate – the interest rate at which banks and credit unions lend Federal Reserve funds to other banks and credit unions overnight – by a quarter-point, from 1.75 […]
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