Filter Results
Ostrander
Filter Results
Ostrander
Showing 1 to 2 of 2 CPAs in Ostrander, Minnesota
LD
Lloyd D. Johnson
Certified Public Accountant
Verified Licensed
Location Ostrander, Minnesota 55961
Lloyd D. Johnson is a certified public accountant based in Ostrander, Minnesota. With over 10 years of experience, Johnson provides specialized services to small and medium-sized businesses, as well as individuals and families in the area. His expertise includes tax planning and consulting, payroll processing and compliance, basic accounting services, financial planning, and business tax services. Johnson's extensive knowledge and experience allow him to offer customized solutions tailored to the specific needs of his clients.
L
Lloyd Johnson
Certified Public Accountant
Verified Licensed
Location Ostrander, Minnesota 55961
Based in Ostrander, Minnesota, Lloyd Johnson is a licensed certified public accountant (CPA) with over 25 years of experience serving small and medium-sized businesses and family-owned enterprises. His firm provides specialized services in basic accounting, business tax, and tax compliance, as well as payroll processing and sales tax compliance. Johnson's extensive experience in tax compliance includes assisting clients with income tax, sales tax, and franchise tax preparation and planning.

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.