Filter Results
Lafayette
Filter Results
Lafayette
Showing 1 to 2 of 2 CPAs in Lafayette, Minnesota
RJ
Rhonda J. Wenger
Certified Public Accountant
Verified Licensed
Location Lafayette, Minnesota 56054
Based in Lafayette, Minnesota, Rhonda J. Wenger is a certified public accountant (CPA) with years of experience in providing accounting services to individuals and families as well as various business structures. Her specialization includes basic accounting services, individual tax services, and small business accounting, catering to a wide range of clients in the region. Notably, Rhonda provides payroll processing and compliance services, helping small businesses navigate complex employment tax laws. With expertise in accounting for various business structures, including S-corporations, partnerships, and LLCs, Rhonda has built a reputation for delivering accurate and timely financial guidance to her clients.
GE
Glen E. Steiner
Certified Public Accountant
Verified Licensed
Location Lafayette, Minnesota 56054
Glen E. Steiner is a certified public accountant with over 20 years of experience in providing financial guidance to various business structures, including S-Corps, Partnerships, and LLCs. Based in Lafayette, Minnesota, he specializes in offering basic accounting services, small business accounting, and business tax services to meet the diverse needs of his clients. His expertise also extends to sales tax compliance, ensuring that businesses remain compliant with state and local regulations. With a focus on individuals and families, as well as small to medium-sized businesses, Steiner's advisory services have been instrumental in helping clients navigate complex financial situations and achieve their 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.