Business Details
35 Years
experience
Trusted Accounting Services in Minneapolis, MN
At Scott Reid CPA, we prioritize building strong, personalized relationships with every client. Our Minneapolis-based firm delivers expert financial guidance and strategic support to help businesses enhance productivity, boost profitability, and minimize tax liabilities. Unlike typical accounting practices, we combine professional excellence with community values, serving clients across the Twin Cities including Minneapolis, Roseville, St.Anthony, and surrounding areas. With over 25 years of experience, founder Scott Reid leverages his military background and MBA from the University of Minnesota to develop tailored solutions for both small businesses and individuals. Our commitment extends beyond numberswe aim to be integral partners in our clients' long-term success while maintaining deep ties to our local community.
Services
Tax Preparation
QuickBooks Support
Business Consulting
Outsourced CFO Services
Incorporation Services
Small Business Accounting
IRS Representation
Financial Planning
Details
- Year established: 1991
Highlights and features
- We offer 25+ years of local accounting expertise in the Twin Cities
- Our CPA-led team provides personalized financial partnership beyond basic accounting
- Specialized QuickBooks setup and ongoing support for small businesses
- Proven track record in tax optimization and business entity structuring
- Community-focused approach with deep understanding of local market needs
Services
Tax Preparation
Our comprehensive tax preparation services ensure accurate and timely filing for individuals and businesses. We specialize in navigating complex tax codes to maximize deductions while maintaining compliance. With proactive planning strategies, we help clients minimize tax liabilities and avoid common pitfalls.
QuickBooks Support
We provide complete QuickBooks setup, training, and ongoing support tailored to small business needs. Our certified Pro Advisors ensure proper configuration for accurate financial reporting. From system maintenance to data cleanup, we help businesses leverage QuickBooks for better financial management.
Business Consulting
Our strategic business consulting combines financial expertise with operational insights. We assist with cash flow analysis, budgeting, and growth planning while providing objective guidance on mergers, succession planning, and tax-efficient business structures.
Outsourced CFO Services
Access experienced financial leadership without full-time costs. We deliver strategic financial reporting, budget analysis, and growth planning tailored to small businesses. Our services include cash flow management, financial forecasting, and operational efficiency improvements.
Incorporation Services
We guide entrepreneurs through entity selection and business formation. Our services cover S-Corp, C-Corp, LLC, and LLP structures with comprehensive tax implications analysis. We handle registration paperwork and provide ongoing compliance support for new businesses.
People
Scott Reid
CPA
Scott Reid has served Twin Cities businesses for over 25 years. A West Point graduate and University of Minnesota MBA holder, he founded his CPA practice in 1991 after working with Price Waterhouse Coopers. He specializes in strategic tax solutions and long-term financial partnerships.
Questions
What accounting services do you offer for small businesses?
We provide full-service accounting including bookkeeping, financial statements, payroll processing, and QuickBooks support tailored to small business needs.
Do you help with tax problem resolution?
Yes, we assist with IRS tax issues including audit representation, payment plans, and tax debt negotiation for both businesses and individuals.
Can you help new businesses with formation?
We guide clients through entity selection, incorporation, and business registration while providing tax-efficient structure recommendations for new ventures.
What QuickBooks support options are available?
Our services include software setup, data cleanup, training, and ongoing support with certified QuickBooks Pro Advisors available locally.
How do you handle financial consulting?
We offer strategic financial planning, cash flow analysis, and business growth consulting with personalized solutions for long-term success.