Huth Thompson

What Huth Thompson does

Huth Thompson LLP is a privately held CPA and business consulting firm headquartered in Lafayette, Indiana, with a secondary office in Rensselaer. Founded in 1927 through the merger of predecessor firms dating back to 1927 and 1952, the firm operates as a Limited Liability Partnership owned by its six partners and serves clients primarily across Indiana in the Midwest United States.

The firm's core services include tax planning and preparation, audit and attestation, outsourced accounting under its Complete Business Solutions program (Standard and Premium subscription tiers), advisory services (entity type analysis, accounting system setup, retirement plan analysis, business management, and cash management), and day-to-day bookkeeping. Service delivery is supported by a cloud-based technology stack comprising QuickBooks Online, Rightworks, SafeSend, Dext Prepare, TaxCaddy, CPACharge, and Zoom, providing clients with secure portals for document exchange, digital tax processing, and real-time financial data access.

The firm generates revenue through professional services fees (tax, audit, advisory) and subscription-based monthly fees for Complete Business Solutions. Go-to-market is relationship-led, relying on direct client engagement, referrals, and long-tenured community presence rather than formal sales motion. Customer segments span small businesses (primary), agri-businesses, construction contractors, real estate, nonprofit organizations, and financial institutions. Pricing for tax and audit is quote-based, while Complete Business Solutions is sold on fixed monthly subscriptions.

Name

Huth Thompson

Legal name

Huth Thompson LLP

Website

https://huththompson.com

Company type

Private

Founded year

1927

Operating status

Operating

Headcount range

11–50 employees

Short description

Huth Thompson LLP is a privately held CPA firm in Lafayette and Rensselaer, Indiana, providing tax, audit, bookkeeping, and advisory services to small businesses, agri-businesses, nonprofits, construction contractors, and financial institutions across Indiana.

Ownership category

akta.pro rank

Headquarters

HQ city

Lafayette

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Tax Services: Tax planning and preparation services for individuals and businesses. Includes strategic tax planning throughout the year and tax return preparation.
2. Audit & Attestation: Audit, review, and compilation services providing assurance on financial statements and internal controls.
3. Complete Business Solutions (Bookkeeping): Outsourced accounting services with fixed monthly fees. Includes Standard tier (QuickBooks online, bank reconciliations, 1099s, corporate tax return) and Premium tier (detailed GL maintenance, sales/payroll tax returns, consulting).
4. Advisory Services: Business advisory including entity type analysis, accounting system setup, retirement plan analysis, business management services, and cash management.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Huth Thompson LLP is a Lafayette, Indiana-based CPA firm providing tax planning and preparation, audit and attestation, outsourced bookkeeping (Complete Business Solutions), and business advisory services. The firm delivers these services through personal client relationships supported by cloud-based accounting platforms, secure client portals, and digital document exchange, with a primary focus on small and mid-market businesses across Indiana.

Product overview

Huth Thompson LLP is a traditional CPA/accounting firm offering a portfolio of professional services rather than a unified software product. Core service lines include Tax (planning and preparation), Audit (assurance and attestation), Complete Business Solutions (outsourced accounting with Standard and Premium tiers), Advisory (entity analysis, accounting setup, retirement planning, business management, cash management), and Bookkeeping. Services are delivered through a modern digital platform supporting client portal access, document exchange, and real-time data visibility, with QuickBooks Online as the primary accounting software. The firm operates as a service-based practice with no proprietary software product.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax

Quantifiable outcome

• Fixed monthly fee structure eliminates billing surprises
• +1 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• QuickBooks (Intuit)coreTechnology or IntegrationPrimary accounting software platform used for client bookkeeping services. Offers QuickBooks Online integration for real-time financial data access and streamlined accounting workflows.
• RightworkscoreTechnology or IntegrationTechnology platform for secure document management and firm operations. Powers the firm's secure client portal and document exchange capabilities.
• SafeSendcoreTechnology or IntegrationProvides secure client portal for document exchange and tax document handling. Used for client portal functionality including file uploads and secure communications.
• Indiana CPA SocietyminorStrategic or Co-development PartnerProfessional association providing continuing education, networking, and industry recognition. Affiliation demonstrates professional credibility and commitment to the profession.
• American Institute of Certified Public Accountants (AICPA)minorStrategic or Co-development PartnerNational professional organization setting standards for the CPA profession. Affiliation provides access to resources, guidance, and professional development.

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Blue & Co. Indianapolis-based regional CPA and advisory firm of similar scale serving closely comparable mid-market, nonprofit, construction, and agribusiness clients across Indiana; Huth Thompson actually purchased the Blue & Co. Rensselaer office in 1999, making it a direct historical and competitive counterpart.
• Kemper CPA Group: Indiana-headquartered full-service CPA firm of comparable size offering tax, audit, advisory, and outsourced accounting to small and mid-market clients in the Midwest — a directly comparable regional peer for Huth Thompson's Complete Business Solutions and traditional CPA service lines.
• Somerset CPAs: Indianapolis-based regional CPA firm offering tax, audit, advisory, and bookkeeping services to small and mid-market businesses and nonprofit clients across Indiana — closely comparable in service mix, client segments, and scale.
• Katz Sapper & Miller (KSM): Indianapolis-based CPA and advisory firm with overlapping service lines in tax, audit, outsourced accounting, and industry-specific advisory for small/mid-market clients in Indiana — a directly comparable regional peer with similar full-service positioning.
• Dauby O'Connor & Zaleski: Indiana-based regional CPA firm of comparable size with strong audit and advisory practices serving financial institutions, construction, and small-business clients — directly comparable in target verticals and service breadth.

Regional players

• Greenwalt CPAs: Indianapolis-based regional CPA firm providing tax, audit, and advisory services to small and mid-market Indiana clients — overlapping service lines and geographic market but primarily serving the Indianapolis metro rather than the Lafayette/Rensselaer territory.

Broad incumbents

• Crowe LLP: Large national accounting firm with significant Indiana presence (South Bend/Indianapolis), providing audit, tax, and advisory services that overlap with Huth Thompson's mid-market and financial institution clients but at materially larger scale.
• Forvis (formerly BKD): Top-10 national CPA and advisory firm with a major Indianapolis office serving Indiana-based nonprofits, financial institutions, construction, and agribusiness clients — overlaps with Huth Thompson's verticals but operates at significantly larger scale and broader geographic reach.
• Plante Moran: Top-15 national CPA firm with Midwest presence serving manufacturing, financial institutions, and agribusiness — overlapping verticals with Huth Thompson but operating at a much larger scale with proprietary audit and advisory practices.

Emerging players

• Pilot.com: Tech-enabled outsourced bookkeeping and accounting firm serving small businesses with subscription pricing — competes with Huth Thompson's Complete Business Solutions offering through a software-first, lower-cost delivery model rather than local-relationship service.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/huththompsonllp
• Facebookfacebook.com/HuthThompson
• LinkedInlinkedin.com/company/huth-thompson-llp-cpas?trk=prof-following-company-logo
• Instagraminstagram.com/huththompsonllp

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Huth Thompson