September 16, 2021

By Liz Belcher, CPA
Senior Manager, Tax Services

Today, the business world looks like an alternate dimension compared to 2019. With companies operating in cyberspace and hosting virtual events to managing labor shortages and supply chain disruptions, this is a time of evolution for business owners.

Many of these current challenges are projected to remain for 12 to 24 months, and then what is your future?


By Tom Sponsel, CPA/ABV, CFF
Managing Partner
A person of influence within a company is like a great basketball player, inspiring their team members to bring their A-game to the court. Like Michael Jordan and Larry Bird, they made even the shortest member of the team feel like they could soar up to the hoop and score a slam dunk. Their influence makes everyone better!

A person of influence isn't afraid to speak up and add to the long-term vision for the business. In staff meetings, they're the ones pitching the exciting, innovative, big-picture ideas. They're constantly networking, gaining knowledge from others, keeping up with the latest trends and current events, and using that info to shake up the culture of their company. They challenge the team to stretch themselves and grow.


Since its birth way back in 1898, Kennedy Tank & Manufacturing Company, Inc. hasn't stopped growing. In fact, Indianapolis Business Journal recognized it in its 2019 list of the top 25 fastest-growing companies in the city.

A fifth-generation family-owned business, the company's namesake dates back to 1898, when Patrick Washington Kennedy began repairing boilers and fabricating steel products. His son, William Kennedy, joined him in the early 1900s and moved the enterprise in the direction of manufacturing gasoline tanks for fueling automobiles. The diversity of products and services grew from there, leading to what the company offers today.


Tom Sponsel is a "we" person. Although his name is on the business, he credits the entire Sponsel CPA Group team for making the firm what it is today.

Twelve years ago, with the help of his founding partners, Tom aimed to launch a new kind of CPA firm, gathering a team of trusted professionals with a diverse set of skills for the mission of providing clients not just financial acumen but executive-level counsel to bring more value to their endeavors.

It's Our Anniversary!

This month marks Sponsel CPA Group's 12th year of being in business! We thank our team members, their families, our clients and everyone who has made our success possible. We reflect on our growth over the years with great pride, and we look forward to a bright future!

Team Celebration

To celebrate our anniversary, we're taking the team to West Baden Springs Hotel in French Lick on Thursday, September 23 and Friday, September 24. Our office will be closed on those days, but for any urgent matters, please call Tom Sponsel on his cell at 317-513-6464.

Congratulations to Eric Woodruff!
Congratulations to Partner Eric Woodruff for winning the Association for Corporate Growth — Indiana Chapter's Young Professional of the Year award! This is the first time the organization has given out this award, so congrats to Eric for setting the precedent! Well deserved!