Business Details
41 Years
experience
Trusted Accountants in Minneapolis, MN
Gregory B. Arnott is a licensed accounting firm based in Minneapolis, MN, dedicated to delivering comprehensive financial solutions for individuals and businesses. With a focus on professionalism, responsiveness, and quality, we specialize in tax planning, financial management, and advisory services tailored to meet the unique needs of our clients. Our team combines technical expertise with personalized attention to help clients navigate complex financial landscapes. We prioritize staying current with evolving tax regulations to ensure compliance and optimize financial outcomes. For over two decades, we have served Minneapolis and surrounding areas, building a reputation for reliability and client-centric service.Our commitment to transparency and ethical practices ensures clients receive trustworthy advice and actionable strategies. Whether you require personal financial planning, business accounting, or tax relief, we are here to simplify your financial journey. By integrating strategic planning with meticulous execution, we empower clients to achieve long-term financial stability and growth. Our approach emphasizes collaboration, education, and proactive problem-solving to address both immediate needs and future goals.
Services
Tax Preparation
Financial Planning
Estate Planning
Bookkeeping Services
IRS Audit Representation
QuickBooks Setup
Small Business Accounting
Retirement Planning
Tax Relief
Forensic Accounting
Details
- Year established: 1985
Highlights and features
- Experienced CPAs with expertise in tax and financial planning since 1985
- Personalized service with a focus on client education and transparency
- Specialized solutions for small businesses, retirees, and non-profits
- Proven track record in IRS audit representation and tax relief
- Licensed professionals staying current with evolving tax regulations
Services
Tax Preparation
Our comprehensive tax preparation ensures accurate filings for individuals and businesses while maximizing deductions. We stay current with federal and state regulations to optimize your tax position. Our professionals provide strategic advice to minimize liabilities and ensure timely compliance with all reporting requirements.
Financial Planning
We develop personalized financial plans covering retirement, estate, and investment strategies tailored to your life goals. Our analysis includes risk assessment, budget projections, and tax-efficient wealth preservation techniques. We regularly review plans to adapt to changing life circumstances and market conditions.
IRS Audit Representation
Our experts handle IRS and state audit representation, negotiating settlements for back taxes and penalties. We implement payment plans, offers in compromise, and innocent spouse relief strategies. Our goal is to protect your assets while resolving tax disputes efficiently and legally.
Small Business Accounting
We offer full-cycle accounting services including bookkeeping, payroll, financial statements, and CFO consulting for small businesses. Our services include cash flow analysis, budget forecasting, and strategic tax planning to support business growth and operational efficiency.
Estate Planning
Our estate planning services coordinate with legal professionals to create wills, trusts, and gifting strategies that preserve wealth. We analyze tax implications of asset distribution and help establish guardianships while ensuring compliance with evolving inheritance regulations.
People
Gregory B. Arnott
Owner
With over 35 years of experience, Gregory B. Arnott specializes in tax planning, IRS dispute resolution, and financial strategy development. He graduated from the University of Minnesota with a degree in Accounting, maintains CPA certification, and holds memberships in professional accounting organizations.
Questions
What accounting services do you offer for small businesses?
We provide comprehensive small business services including bookkeeping, payroll, financial statements, tax planning, and CFO advisory to support growth and compliance.
How can you help with personal tax preparation?
Our tax professionals handle individual returns, optimize deductions, and offer strategic planning to minimize liabilities while ensuring IRS compliance.
Do you assist with retirement planning strategies?
Yes, we create personalized retirement plans analyzing assets, Social Security timing, and distribution strategies to ensure long-term financial security.
What tax relief options do you provide for IRS issues?
We specialize in resolving back taxes, audit representation, payment plans, and offers in compromise to reduce tax burdens and penalties.
Can you help with QuickBooks accounting software?
Our QuickBooks Pro Advisers offer setup, training, and troubleshooting services to streamline your financial management processes efficiently.