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Preston
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Preston
Showing 1 to 4 of 4 CPAs in Preston, Minnesota
PA
Pamela A. Ristau
Certified Public Accountant
Verified Licensed
Location Preston, Minnesota 55965
Pamela A. Ristau is a certified public accountant with over 25 years of experience serving businesses and individuals in Preston, Minnesota. Her practice focuses on providing comprehensive accounting services, including individual and business tax return preparation, to a diverse range of clients, from various business structures such as S-Corps and partnerships to individuals and families. Ristau also specializes in providing basic accounting services and individual tax services, ensuring accurate financial records and optimal tax outcomes for her clients.
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Penny L. Solberg
Certified Public Accountant
Verified Licensed
Location Preston, Minnesota 55965
Penny L. Solberg is a certified public accountant based in Preston, Minnesota, with over a decade of experience providing accounting and tax services to small and medium-sized businesses, as well as individuals and families. Her practice focuses on general accounting and advisory services, individual and business tax return preparation, and tax compliance, with a specialization in basic accounting services and individual tax services. Solberg's expertise encompasses a range of industries, including small and medium-sized businesses, making her a valuable resource for business owners and individuals seeking tax and accounting guidance. Prior to establishing her own practice, Solberg gained experience working with local tax and accounting firms, honing her skills in tax preparation and compliance.
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Thomas A. Byrne
Certified Public Accountant
Verified Licensed
Location Preston, Minnesota 55965
Based in Preston, Minnesota, Thomas A. Byrne is a certified public accountant with over 10 years of experience in providing accounting services to small and medium-sized businesses, entrepreneurs, and startups. His expertise spans basic accounting, business tax services, and individual tax preparation, making him a valuable resource for clients with diverse financial needs. With a focus on payroll processing and compliance, individual and business tax return preparation, Byrne helps clients meet their financial obligations and achieve their goals.
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Pamela Ristau
Certified Public Accountant
Verified Licensed
Location Preston, Minnesota 55965
Pamela Ristau is a certified public accountant based in Preston, Minnesota, with over 10 years of experience providing financial guidance to individuals and families, as well as small and medium-sized businesses. She specializes in basic accounting services, financial planning, and tax compliance, helping clients navigate complex financial situations with precision and accuracy. Notably, Ristau offers retirement account tax reporting services, ensuring that her clients understand and comply with tax regulations related to their retirement savings.

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.