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Fosston
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Fosston
Showing 1 to 4 of 4 CPAs in Fosston, Minnesota
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Robert Overmoe
Certified Public Accountant
Verified Licensed
Location Fosston, Minnesota 56542
Robert Overmoe is a certified public accountant based in Fosston, Minnesota, with over 20 years of experience providing bookkeeping and financial statement compilation services to small and medium-sized businesses. He specializes in basic accounting services, business tax services, and small business accounting, helping entrepreneurs and startups navigate tax laws and regulations. Overmoe also offers expert IRS representation, providing guidance and support to individuals and businesses during tax audits and collections proceedings. As a seasoned accounting professional, he has developed a unique ability to distill complex financial information into actionable insights, empowering business owners to make informed decisions. In addition to his core services, Overmoe offers customized financial statement compilation and is authorized to represent clients before the Internal Revenue Service.
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Michelle K. Solsten
Certified Public Accountant
Verified Licensed
Location Fosston, Minnesota 56542
Michelle K. Solsten is a certified public accountant based in Fosston, Minnesota, with over 10 years of experience serving small and medium-sized businesses across various industries. Her expertise lies in basic accounting services, business tax services, and providing comprehensive tax guidance to clients with complex business structures such as S-Corps, partnerships, and LLCs. Solsten's services also include retirement account tax reporting and sales tax compliance, ensuring her clients meet their tax obligations and maintain accurate financial records.
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Robert A. Overmoe
Certified Public Accountant
Verified Licensed
Location Fosston, Minnesota 56542
Based in Fosston, Minnesota, Robert A. Overmoe offers expert accounting services to meet the complex financial needs of his clients. With over 20 years of experience in basic accounting services, tax compliance, and small business accounting, he provides tailored solutions for family-owned enterprises, entrepreneurs, and startups. His expertise in payroll processing and compliance helps clients maintain accurate records and avoid costly penalties. As a seasoned accounting professional, he also offers valuable tax planning and consulting services to ensure his clients achieve their financial goals.
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Randy A. Landsverk
Certified Public Accountant
Verified Licensed
Location Fosston, Minnesota 56542
Randy A. Landsverk is a certified public accountant based in Fosston, Minnesota, with over 10 years of experience providing financial guidance to various business structures and individuals. His areas of specialization include basic accounting services, individual tax services, and financial planning, catering to the needs of small and medium-sized businesses in the region. Landsverk's expertise also extends to tax planning and consulting, helping clients navigate complex tax laws and regulations to achieve optimal financial outcomes.

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.