How often you meet with a CPA is based on your individual financial needs and complexity of your situation.

There are four timeframes you can meet with a CPA:

1. Annual Meetings: At a minimum you should meet with your CPA once a year, during tax season.
2. Quarterly Meetings: Quarterly meetings can help prepare you for reviewing financial statements, seeing business performance, and reviewing tax laws and regulations.
3. Monthly Meetings: Businesses with complex financial needs or those who are needing financial advice should do monthly meetings. These meetings can cover bookkeeping, payroll, and business advice.
4. As-needed basis: This could be done if you are dealing with an IRS audit or notice, or if you are making major financial decisions or acquisitions.

Communicate with your CPA about your expectations and concerns, and work together to establish a meeting schedule that works best for you and your financial goals.

Yes, certified public accountants can provide wealth building strategies, however it is up to the CPA's discretion.

CPA's have in-depth knowledge about tax laws, financial planning, and business structures, allowing them to have advanced insights for wealth growth and management.

Some planning services that could be offered are:

• Estate planning
• Retirement planning
• Business planning

If you or your small business is in need of a CPA, schedule a consultation with us to see if we're a good fit!

Best Accountants Near Minneapolis

Is Passageway Financial a CPA Near Minneapolis Minnesota?  Yes, we are a CPA near Minneapolis Minnesota, but we provide Tax & Accounting services to small businesses throughout the United States in all of Minnesota. Trevor Haug is a Certified Public Accountant near Minneapolis and St. Paul, and we'd be honored to connect and help as your CPA in Minneapolis Twin Cities.

We're on a mission to be counted as one of the best accountants near Minneapolis or the best Tax Accountants near St. Paul Minnesota.  What makes for a good Minneapolis Accountant? Well, we've found that great CPA's and tax accountants aren't just reactive, and they'll work with their clients throughout the year, rather than just at year end.  These best accountants will make sure that you don't waste time, but they'll also engage with owners, management teams and advisors to pro-actively plan a more profitable and scalable business.  

What are the best accounting firms in Minneapolis for Small Business?  Well, Passageway Financial is the best CPA for small business in the Minneapolis, St. Paul area, and we're really excited to earn your business and show you how we work to create better outcomes for our business clients.  Lowered taxes, saved time, better bondability, improved profitability and reduced staffing needs are all part of what we're trying to provide here.

Passageway Financial is also a bookkeeper near Minneapolis St. Paul, providing bookkeeping services to Minnesota entrepreneurs, small businesses and corporations. If you've been looking for Minneapolis based bookkeeping services, then you're in the right place.  Why choose Passageway Financial Minneapolis Bookkeeping? We're dedicated to not only provide the best bookkeeping service in Minneapolis St. Paul, but we provide tax reduction planning throughout the year as well.  Getting your books done by a

How can you compare business CPA's and Tax Accountants? What should you look for when hiring a business tax accountant? 

We pride ourselves in being a small business tax accountant that helps organizations become more scalable and profitable - which means we seek to be much different than your typical tax accountant or bookkeeper.

Here are 6 Things to Consider When Choosing a Business CPA or Business Tax Accountant

When you start looking around the internet for this type of advice, you're going to see lots of articles glossing over what it takes to select the best tax accountants.

6 Tips to Choose the best Business CPA

1. Choose a Pro-Active Tax Accountant - Your accountant should engage with your throughout the year, not just wait till tax season.  In fact, if you don't get year-long and pro-active engagement from a tax accountant, chances are you're going to overpay in tax, have lots of mistakes, and remain stuck in your business.
2. Choose a Tax Reduction Strategist - the best business tax accountants are going to come to you with ideas to mitigate your taxes, including your social security, medicare, state and federal taxes. They'll show you ways to pro-actively invest and maneuver through the tax code to pay the lowest tax rate possible, and never incur double taxation.
3. Choose a Friendly Small Accountant - When you choose a mid-sized or large CPA firm in your region, they're business model is optimized for scalability.  These antiquated business models usually lead to a desperate grasp for more, meaning that each customer will receive progressively lower quality advice, guidance and help. Your business tax returns will be one of thousands, and it's not easy to get nuanced advice.
4. Choose an Outsourced Accountant - We utilize the outsourced accounting model that focuses on delivering an integrated, highly engaged accounting service that pursues your best interests.  The outsourced accounting model includes bookkeeping service, tax reduction planning, tax return preparation and CFO level advisory guidance to help your business achieve better results. You'll see many accountants across the nation embracing this outsourced accounting model, like Diwan Accounting in Seattle, Performance Financial Tax & Accounting in Des Moines, Pulver CPA in Hallandale Beach Florida, CBW Tax & Accounting in Cleveland Ohio and Pinnacle Tax & Accounting in Miami Florida.
5. Choose a Wise Accountant- You'll notice that some accountants are simply numbers people, while others understand how to empower businesses to make better decisions, improve profitability and achieve their goals. When you're choosing a business accountant, you should look for a small firm that has business acumen and wisdom to build more scalable and profitable businesses.
6. Choose Enjoyable People - You should like your accountant to a degree.  Your accountant will intersect with your business often, and there's no reason why your tax accountant needs to be difficult to engage with, or be anything less than enjoyable when communicating.

These are 6 tips we think you should use when selecting the best CPA for your business, and we're certain that you'll love working with Passageway Financial.