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Spicer
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Spicer
Showing 11 to 13 of 13 CPAs in Spicer, Minnesota
KJ
Kelly J. O'Farrell
Certified Public Accountant
Verified Licensed
Location Spicer, Minnesota 56288
Kelly J. O'Farrell is a Certified Public Accountant based in Spicer, Minnesota with over 15 years of experience providing accounting and tax services. Her practice focuses on offering individualized support to Individuals and Families, as well as Family-Owned Enterprises, in the areas of Basic Accounting Services, Individual Tax Services, and Business Tax Services. O'Farrell's expertise also extends to IRS Representation, ensuring her clients navigate complex tax issues with confidence.
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Travis W. Steffensen
Certified Public Accountant
Verified Licensed
Location Spicer, Minnesota 56288
Based in Spicer, Minnesota, Travis W. Steffensen provides accounting services to small and medium-sized businesses, entrepreneurs, and startups. With over 10 years of experience in tax preparation and compliance, Steffensen focuses on individual and business tax return preparation, ensuring accurate and timely submissions. He specializes in providing basic accounting services and tax compliance advice, helping clients navigate financial regulations and optimize their financial performance.
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Scott R. Froemming
Certified Public Accountant
Verified Licensed
Location Spicer, Minnesota 56288
Based in Spicer, Minnesota, Scott R. Froemming offers expertise in tax planning and consulting for small businesses, as well as payroll processing and compliance services to ensure accurate and timely payments. With over 20 years of experience, Froemming provides specialized accounting services to various business structures, including S-Corps, partnerships, and limited liability companies. His expertise also extends to tax compliance and basic accounting services for family-owned enterprises, helping clients navigate complex tax laws and regulations.

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.