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Best Business Accountants in Minneapolis, Minnesota


Finding the right business accountant in Minneapolis can be a game-changer for your company. A great accountant not only manages your books but also provides invaluable financial insights that can drive your business forward. In this article, we will explore some of the top-rated business accountants in Minneapolis, highlighting their services, reviews, and contact information to help you make an informed decision. Let’s dive in!

What to Look for in a Business Accountant

When searching for a business accountant, several key factors should guide your choice. Firstly, consider their qualifications and experience. Certified Public Accountants (CPAs) and those with advanced degrees in accounting or business administration often bring a higher level of expertise. Secondly, look for specialization in your industry. Accountants who understand the unique financial challenges of your sector can offer more tailored advice. Thirdly, consider their range of services. Ideally, you want an accountant who can handle everything from basic bookkeeping to complex financial planning and tax strategy. Finally, pay attention to their reputation and client reviews. A proven track record of satisfied clients is a strong indicator of reliability and competence.

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Smith Schafer & Associates, Ltd.

Smith Schafer & Associates, Ltd. is an award-winning accounting and consulting firm that has been serving Minnesota businesses for over 50 years. They specialize in providing proactive solutions and deep expertise to help businesses grow. Their services include tax planning, audit and assurance, business consulting, and more. Clients appreciate their thorough understanding of industry-specific challenges and their commitment to personalized service.

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Contact Information:

Highlighted Review: “We have worked with Smith Schafer for over 45 years. They have been great to work with, from wonderful administrative support, tax staff, and CPAs. They have supported us for years with our financials and mergers/acquisitions. Always there to help!” – Washburn McReavy Funeral Chapels

CSI Accounting & Payroll

Founded in 1966, CSI Accounting & Payroll offers comprehensive accounting and payroll services to businesses in Minneapolis and beyond. They are known for their efficient project management, open communication, and streamlined accounting processes. Their clients, ranging from small businesses to larger enterprises, have consistently praised their professionalism and the quality of their services.

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Contact Information:

Highlighted Review: “CSI Accounting & Payroll has received consistent praise for their efficient project management style, open communication with clients, and streamlining of accounting processes. Clients have been impressed with the team’s responsiveness and professionalism.”

Passageway Financial

Passageway Financial specializes in providing tax and accounting services with a focus on helping small businesses grow and reduce their tax liabilities. They offer bookkeeping, tax planning, financial admin, and CFO-level guidance. Their approach is proactive, ensuring that clients receive continuous support and strategic advice throughout the year.

Contact Information:

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Highlighted Review: “Most Minneapolis tax accountants are status quo, handling hundreds of clients without providing high-quality guidance. Passageway Financial is different; they help a select group of small businesses achieve their full potential by offering aggressive tax planning and bookkeeping services.”

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Credentials to Look For

When evaluating accountants, credentials play a crucial role in determining their competence and reliability. Look for the following qualifications:

  • Certified Public Accountant (CPA): A CPA designation ensures that the accountant has passed rigorous exams and meets the state’s licensing requirements.
  • Advanced Degrees: An MBA or a Master’s in Accounting indicates a higher level of expertise.
  • Special Certifications: Additional certifications like Certified Management Accountant (CMA) or Certified Fraud Examiner (CFE) can be beneficial depending on your needs.
  • Professional Memberships: Membership in organizations like the American Institute of CPAs (AICPA) or the Minnesota Society of CPAs reflects a commitment to ongoing education and adherence to professional standards.

Table of Top Business Accountants in Minneapolis

Below is a table summarizing the key details of the top business accountants in Minneapolis, including their contact information, services, and client reviews.

Accountant Services Contact Information Highlighted Reviews
Smith Schafer & Associates, Ltd Tax planning, audit and assurance, business consulting, industry-specific solutions 7500 Highway 55, Suite 350, Minneapolis, MN 55427 <br> (612) 843-3300 <br> Smith Schafer & Associates “Great to work with, from wonderful administrative support, tax staff, and CPAs.”
CSI Accounting & Payroll Accounting, payroll, financial consulting 4915 W 35th St #203, St. Louis Park, MN 55416 <br> (952) 927-4011 <br> CSI Accounting & Payroll “Efficient project management style, open communication, and streamlined processes.”
Passageway Financial Bookkeeping, tax planning, financial admin, CFO-level guidance 8011 34th Ave S #324, Bloomington, MN 55425 <br> (612) 416-1223 <br> Passageway Financial “Aggressive tax planning and bookkeeping services, proactive support.”
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Final Thoughts

Selecting the right business accountant in Minneapolis involves considering various factors such as qualifications, experience, and client reviews. Smith Schafer & Associates, CSI Accounting & Payroll, and Passageway Financial are among the top choices, offering a range of services designed to help businesses thrive. By focusing on your specific needs and thoroughly vetting potential accountants, you can find a trusted partner to manage your financial affairs and support your business growth.

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For more information on each firm, visit their websites and consider scheduling consultations to discuss your needs in detail.

Remember, the right accountant can make a significant difference in your business’s financial health and long-term success. Choose wisely!

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