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Bagley
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Bagley
Showing 1 to 2 of 2 CPAs in Bagley, Minnesota
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Debra A. Cage
Certified Public Accountant
Verified Licensed
Location Bagley, Minnesota 56621
Based in Bagley, Minnesota, Debra A. Cage is a Certified Public Accountant with over 20 years of experience in accounting and taxation. She specializes in providing tax planning and consulting services, as well as bookkeeping and financial statement compilation to small and medium-sized businesses and family-owned enterprises. With a focus on tax compliance and individual tax services, Debra assists clients in ensuring accurate financial record-keeping and compliance with regulatory requirements.
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Mary P. Paulson
Certified Public Accountant
Verified Licensed
Location Bagley, Minnesota 56621
Mary P. Paulson, a certified public accountant based in Bagley, Minnesota, provides comprehensive accounting services to small and medium-sized businesses in the region. With over 15 years of experience in accounting and finance, she specializes in basic accounting services, financial planning, and small business accounting. Her expertise extends to tax planning and consulting, as well as IRS representation, helping clients navigate complex tax matters and negotiate with the IRS. Paulson serves a variety of business structures, including S-Corps, partnerships, and LLCs, and her services cater to their unique needs and goals.

Minnesota's robust CPA market serves a diverse economy with numerous Fortune 500 headquarters and strong financial services sector. The Minnesota State Board of Accountancy requires 150 semester hours for licensure. CPAs must complete 120 hours of continuing professional education every three years, including 8 hours of ethics and minimum technical hour requirements.

Key Tax Considerations: Minnesota has graduated individual income tax up to 9.85% (among the highest in the nation) and a flat 9.8% corporate rate. CPAs commonly handle complex state tax compliance, sales tax, and estate tax (Minnesota is one of few states with its own). The high tax rates create strong demand for tax planning and residency strategies, particularly for snowbirds. Cross-border issues with Wisconsin and North Dakota are common for businesses and individuals.

Industry Specializations: Healthcare systems and medical devices, financial services and insurance, food processing and agriculture, retail headquarters, technology, manufacturing, and professional services are primary focus areas. Minneapolis-St. Paul CPAs often serve Fortune 500 corporate headquarters, while Greater Minnesota focuses on agriculture, healthcare, and regional businesses.

For CPA Professionals: The Minnesota Society of CPAs provides excellent resources and networking. The Twin Cities dominate the market with sophisticated corporate and high-net-worth client base, creating strong competition but abundant opportunities. Rochester (Mayo Clinic), Duluth, St. Cloud, and Mankato offer secondary markets with lower cost of living. The state provides strong quality of life, excellent education, and diverse practice opportunities, though high taxes and cold winters are considerations for practitioners and clients alike.