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Showing 1 to 2 of 2 CPAs in Franklin, Minnesota
JA
Judith A. Sandmann
Certified Public Accountant
Verified Licensed
Location Franklin, Minnesota 55333
Judith A. Sandmann is a certified public accountant based in Franklin, Minnesota. With over 15 years of experience, she specializes in providing basic accounting services, business tax services, and financial planning to a variety of clients, including entrepreneurs and startups, as well as family-owned enterprises. Her expertise also encompasses payroll processing and compliance, ensuring that clients meet their tax obligations in a timely and efficient manner. In addition to these services, she offers sales tax compliance assistance, helping businesses navigate the complexities of state and local tax laws.
SK
Svenja K. Krebs
Certified Public Accountant
Verified Licensed
Location Franklin, Minnesota 55333
Based in Franklin, Minnesota, Svenja K. Krebs offers a variety of accounting and advisory services to individuals and families, as well as family-owned enterprises. With over years of experience in general accounting and advisory, tax planning, and consulting, Krebs provides specialized expertise in basic accounting services, business tax services, and small business accounting. Her services include tax planning and consulting, as well as general accounting and advisory for individuals and families, and family-owned businesses.

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.