CPA Services in Minneapolis for S-Corps & Small Businesses
With 18+ years of experience helping business owners across the country, I bring specialized expertise to Minneapolis’s Technology, Healthcare, Financial Services economy. Whether you’re managing high state tax rates and multi-entity corporate structures or capitalizing on Minneapolis’s Fortune 500 concentration and thriving startup ecosystem, SDO CPA provides the virtual accounting support your business needs.
We offer cloud-based tax preparation, bookkeeping, payroll, and fractional CFO services designed for Minneapolis business owners who want proactive guidance — not just annual tax filing.
Key Takeaways: Minneapolis CPA Services
- Virtual CPA services — Full tax, bookkeeping, and advisory support without geographic limitations
- Minnesota tax expertise — Minnesota has a progressive state income tax (5.35% to 9.85%) requiring strategic planning and multi-state compliance
- Industry focus — Specialized experience with Technology, Healthcare, Financial Services
- Transparent pricing — Upfront estimates starting at $300/month; if scope changes, we discuss it first
- Responsive support — Direct CPA access, same-day responses
Accounting & Tax Services in Minneapolis, MN
Minneapolis anchors one of America’s most dynamic regional economies, with 17 Fortune 500 headquarters in the Twin Cities metro area, the highest concentration per capita in the nation. Target, UnitedHealth Group, U.S. Bancorp, Best Buy, and Ameriprise Financial all call the Minneapolis area home, creating a sophisticated corporate ecosystem that generates demand for specialized accounting across technology, healthcare, and financial services.
Minnesota’s progressive income tax tops out at 9.85%, making strategic tax planning essential for Minneapolis S-Corp owners and partnership operators. Businesses along the North Loop startup corridor and the Uptown commercial district face unique considerations around equity compensation, R&D tax credits for medtech innovation, and multi-state nexus from serving customers nationwide. The University of Minnesota’s research partnerships fuel a growing pipeline of venture-backed companies that need investor-ready financials.
SDO CPA works with Minneapolis business owners across technology startups, healthcare practices, professional services, and retail to structure entities, optimize reasonable compensation, and coordinate federal and state tax strategies. For businesses in the Mill District’s growing tech hub or the North Loop’s creative economy, we provide monthly bookkeeping and fractional CFO services scaled to your growth stage.
Minnesota Tax Planning Tip
Minnesota’s top individual income tax rate of 9.85% is among the highest in the nation. S-Corp owners should carefully calibrate reasonable compensation since every dollar of W-2 salary is subject to both federal payroll taxes and Minnesota income tax. Timing estimated tax payments, maximizing retirement contributions, and evaluating the pass-through entity tax election can reduce your effective state tax burden significantly.
CPA Services for Minneapolis Businesses
Business Tax Preparation
Federal and Minnesota business tax returns for LLCs, S-Corps, partnerships, and sole proprietors.
Bookkeeping & Accounting
Monthly bookkeeping, bank reconciliation, and financial statements using QuickBooks or Xero.
Payroll Services
Full-service payroll processing, tax deposits, and quarterly filings through Gusto integration.
Tax Planning & Strategy
Proactive tax planning to minimize liability through entity selection, retirement contributions, and timing strategies.
Fractional CFO
Cash flow forecasting, budgeting, and financial strategy for growing Minneapolis businesses.
S-Corp Tax Services
Reasonable compensation analysis, QBI optimization, and S-Corp election guidance for Minneapolis business owners.
Common Challenges for Minneapolis Business Owners
Challenge
Minneapolis businesses often face high state tax rates and multi-entity corporate structures, making tax planning and cash flow management more complex than standard approaches allow.
Our Approach
We provide proactive tax planning and fractional CFO services tailored to Minneapolis’s business environment, helping you handle high state tax rates and multi-entity corporate structures with confidence.
Challenge
Many Minneapolis business owners struggle to get timely responses from their CPA, especially during busy seasons when questions are most urgent.
Our Approach
SDO CPA provides direct access to your CPA team with same-day response times. No call centers, no waiting weeks for answers.
Challenge
Tax preparation alone doesn’t help Minneapolis business owners understand their financial position or make informed decisions throughout the year.
Our Approach
We deliver monthly financial reports with actionable insights, helping you understand cash flow, profitability, and tax liability before year-end.
“Growing our professional services firm in Minneapolis required strategic tax planning and clean financials. SDO CPA provides both, with clear estimates that keep our costs manageable.”— David L., Professional services firm owner in Minneapolis
How to Get Started With SDO CPA
Schedule Your Free Consultation
Book a call to discuss your Minneapolis business, current financial setup, and goals.
Get Your Custom Proposal
Receive a clear proposal with upfront estimates — if scope changes, we discuss it first.
Seamless Onboarding
We connect to your QuickBooks or Xero and organize your books within 30 days.
Ongoing Partnership
Monthly reports, proactive tax planning, and year-round CPA access.
Why Minneapolis Business Owners Choose SDO CPA
Minnesota Tax Expertise
We understand Minnesota has a progressive state income tax (5.35% to 9.85%) requiring strategic planning and help Minneapolis businesses maximize tax advantages while managing federal obligations and multi-state complexity.
Transparent Pricing
Clear monthly estimates for standard services. We scope your needs upfront and communicate before any additional work. See our pricing.
Cloud-Based & Virtual
Access your financials anywhere. We work with QuickBooks Online, Xero, Gusto, and Ramp to keep your Minneapolis business running smoothly.
S-Corp & Partnership Specialists
Our clients are pass-through entity owners. We handle reasonable compensation analysis, K-1 preparation, QBI optimization, and entity selection.
Responsive Communication
Get answers when you need them. Our team responds within one business day, and you’ll have direct access to your CPA.
Frequently Asked Questions
Resources for Minneapolis Business Owners
Also Serving Twin Cities Metro
SDO CPA provides virtual CPA services to businesses throughout Twin Cities Metro and Minnesota.
Ready to Work With a CPA Who Understands Minneapolis Businesses?
Schedule your free consultation today. We’ll analyze your tax situation and provide an upfront estimate with no obligation.
Schedule a Call