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Your Partner in Financial Success

At Scott Reid CPAs, a Minneapolis CPA firm, we focus on developing a strong, personal relationship with all our clients. We have a reputation for providing financial guidance and strategic support to help your business improve productivity, increase profitability, and minimize taxes. But we think we are more than the average accounting firm. We are also your neighbors, and we care about our community as much as you do.

Our Mission

Our mission is to provide high-quality accounting, tax, and business advisory services to clients throughout the Twin Cities area, including Minneapolis, Roseville, St. Anthony, Falcon Heights, Columbia Heights, New Brighton, and more. We take great satisfaction in working one-on-one with local business owners to manage their accounting, save them money on taxes, and help them reach their financial goals. We strive to get to know you personally, so we really understand your business and personal financial goals. With our timely advice and expert guidance, you'll feel confident you can make informed financial decisions that will ensure your long-term business and financial success.

Our Services

We offer a wide range of accounting and tax services, including:

  • Accounting Services: We provide comprehensive accounting services, including financial statement preparation, budgeting, and cash flow management.
  • Business and Financial Consulting: Our experienced team provides expert guidance on business planning, financial planning, and strategy development.
  • Incorporation Services: We help businesses incorporate and set up their financial systems.
  • Outsourced CFO Services: Our outsourced CFO services provide financial leadership and guidance to businesses.
  • QuickBooks Services: We provide setup, training, and support for QuickBooks accounting software.
  • Small Business Accounting: We offer specialized accounting services for small businesses, including financial statement preparation, budgeting, and cash flow management.
  • Tax Services: Our tax services include tax planning, tax preparation, and representation before the IRS.

Industries We Serve

We have extensive experience serving a variety of industries, including:

  • Construction: We provide accounting and tax services to construction companies, including general contractors, subcontractors, and suppliers.
  • Franchises: We serve franchise owners and operators, providing guidance on franchise accounting and tax compliance.
  • Medical Practices: Our team provides specialized accounting and tax services to medical practices, including physician practices and medical groups.
  • Real Estate: We provide accounting and tax services to real estate developers, property managers, and investors.
  • Technology: We serve technology companies, including software developers, IT consulting firms, and technology startups.

Why Choose Us?

At Scott Reid CPAs, we take great pride in our tradition of providing high-quality accounting services, tax strategies, and financial management solutions. When you become our client, we strive to get to know you and become an insightful financial partner who really understands your goals and challenges. We focus on developing innovative accounting and tax solutions for individuals and businesses.

Reviews (23)
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Positive: The firm was praised for its professionalism, expertise, and personalized service, providing peace of mind for many clients.
Negative: One reviewer had a very negative experience, citing errors in tax returns that resulted in significant financial losses.

Overall Experience

The reviews for Scott Reid & Assoc. CPA firm are mostly positive, with the majority of reviewers giving 5-star ratings. Many reviewers praise the firm's professionalism, expertise, and personalized service.

Positive Experiences

Most reviewers appreciate the firm's ability to provide peace of mind, knowing that their taxes are being handled by knowledgeable and trustworthy professionals. Many reviewers also mention the firm's ability to explain complex tax concepts in a clear and concise manner.

Negative Experience

However, one reviewer had a very negative experience with the firm, citing errors in their tax returns that resulted in significant financial losses. This reviewer claims that the firm made mistakes in depreciation and expense reporting, leading to incorrect tax liabilities.