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Hackensack
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Hackensack
Showing 1 to 2 of 2 CPAs in Hackensack, Minnesota
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Gary W. Paulson
Certified Public Accountant
Verified Licensed
Location Hackensack, Minnesota 56452
Gary W. Paulson is a certified public accountant based in Hackensack, Minnesota, with over 15 years of experience in providing financial guidance to various clients. His areas of specialization include basic accounting services, financial planning, and business tax services, catering to the needs of individuals and families, as well as diverse business structures such as S-Corps, partnerships, and LLCs. In addition to general accounting services, Gary also represents clients in IRS matters, ensuring they are in compliance with sales tax requirements and regulations.
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Gayle S. Wagner
Certified Public Accountant
Verified Licensed
Location Hackensack, Minnesota 56452
Gayle S. Wagner is a certified public accountant (CPA) based in Hackensack, Minnesota, with over 25 years of experience. Her practice focuses on small to medium-sized businesses and family-owned enterprises, providing expertise in basic accounting services, tax compliance, and business tax services. Specializing in tax reporting for retirement accounts, Wagner helps clients navigate complex financial situations and ensure regulatory compliance. She works with various business structures, including S-Corps, partnerships, and LLCs, offering general accounting and advisory services tailored to each client's unique needs.

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.