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South Haven
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South Haven
Showing 1 to 2 of 2 CPAs in South Haven, Minnesota
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Heather R. Olson
Certified Public Accountant
Verified Licensed
Location South Haven, Minnesota 55382
Heather R. Olson is a certified public accountant based in South Haven, Minnesota, with over 10 years of experience in providing financial and tax services to individuals and families, as well as entrepreneurs and startups. Her specialization includes basic accounting services, financial planning, and tax compliance, which enables her to assist clients with tax preparation, bookkeeping, and financial statement compilation. Olson also provides IRS representation services to help clients resolve tax disputes and other issues. She is knowledgeable about local, state, and federal tax laws, ensuring that her clients meet their tax obligations and take advantage of available tax credits and deductions.
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Robert C. Thompson
Certified Public Accountant
Verified Licensed
Location South Haven, Minnesota 55382
Based in South Haven, Minnesota, Robert C. Thompson provides accounting services to individuals and families, as well as entrepreneurs and startups in the local area. With over 15 years of experience in the field, Thompson specializes in basic accounting services, financial planning, and small business accounting, offering a unique blend of expertise and personalized service to his clients. His services include bookkeeping and financial statement compilation, payroll processing and compliance, and other accounting needs for individuals and small businesses. Robert C. Thompson is a certified public accountant (CPA) dedicated to helping his clients navigate complex financial issues and achieve their financial 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.