Business Details
Your Trusted Partner for Accounting and Business Solutions
LB Carlson is a leading CPA and business consulting firm dedicated to enhancing clients' financial success through personalized solutions. With over 40 years of experience, we specialize in accounting, tax planning, management consulting, and governmental services, serving businesses across the Midwest. Our team of experts prioritizes proactive strategies, industry-specific insights, and long-term partnerships to help clients navigate financial complexities and achieve their goals.Recognized as one of Minnesota's Top 25 Accounting Firms, we combine technical expertise with a client-centric approach, offering tailored advice on mergers, business valuations, cost management, and compliance. Our commitment to excellence extends to community involvement and fostering a collaborative culture that attracts top talent in the field.
Services
Accounting Services
Tax Services
Management Consulting
Governmental Services
Business Planning
Assurance & Attestation
Mergers & Acquisitions
Business Valuations
Succession Planning
Strategic Costing Review
Highlights and features
- We have over 40 years of experience in accounting and business consulting.
- Our team provides personalized financial solutions tailored to your industry.
- Recognized as a top 25 accounting firm in Minnesota by Twin Cities Business Journal.
- We offer proactive cost management strategies to enhance profitability.
- Our professionals are experts in tax planning, compliance, and business valuations.
Services
Accounting Services
Our accounting services include outsourced bookkeeping, system setup, and financial reporting tailored to businesses of all sizes. We help clients maintain accurate records, improve fiscal efficiencies, and leverage accounting software for strategic decision-making. With expertise in QuickBooks and industry-specific reporting, we ensure compliance while empowering data-driven growth strategies.
Tax Services
We provide comprehensive tax consulting, planning, and compliance solutions for businesses and individuals. Our CPAs specialize in multi-state tax strategies, IRS representation, and legislative updates to minimize liabilities. By aligning tax planning with long-term business goals, we help clients retain profits and navigate complex regulatory environments with confidence.
Business Valuations
Our accredited professionals deliver precise business valuations for mergers, sales, or legal purposes. Using advanced tools and industry benchmarks, we assess financial health, shareholder value, and market positioning. These insights support strategic decisions, estate planning, and litigation support with defensible, data-backed analyses.
Management Consulting
From succession planning to operational turnarounds, our consultants offer actionable strategies for growth and efficiency. We specialize in performance management, cost analysis, and merger advisory, combining technical expertise with hands-on guidance to align organizational efforts with strategic objectives and market demands.
Governmental Services
We support local governments with audits, compliance reporting, and grant management under GAAP and federal standards. Our team ensures transparency, regulatory adherence, and efficient use of public funds through single audits, internal control evaluations, and advisory services tailored to municipal and educational institutions.
People
Darren Kray
Principal
Darren Kray brings over 20 years of accounting expertise to LB Carlson, specializing in audit assurance and compliance. His leadership focuses on delivering client-centric solutions while maintaining technical excellence in financial reporting and regulatory standards.
Melvin Enger
Principal
Melvin Enger leads management consulting initiatives with a focus on operational efficiency and strategic growth. His 25+ years of experience guide businesses through complex transitions, mergers, and performance optimization challenges across industries.
Paul Radosevich
Principal/President
As Principal/President, Paul Radosevich oversees LB Carlson's strategic direction, emphasizing innovation in accounting services and client partnership. He champions proactive financial planning and community engagement through the firm's advisory practices.
Dea Johnson
Principal
Dea Johnson specializes in business valuations and tax strategy, offering clients actionable insights for mergers, estate planning, and regulatory compliance. Her expertise ensures defensible valuations and optimized tax structures aligned with business objectives.
Daniel Loch
Principal
Daniel Loch leads assurance and attestation services, providing audit expertise for closely-held businesses. His commitment to technical rigor and client education ensures compliance while supporting informed decision-making through transparent financial reporting.
Questions
What accounting services does LB Carlson offer?
We provide outsourced bookkeeping, financial reporting, system setup, and compliance solutions tailored to businesses' needs across industries.
How can LB Carlson help with tax planning?
Our CPAs offer strategic tax consulting, multi-state compliance, and legislative updates to minimize liabilities while aligning with long-term business goals.
Do you specialize in business valuations?
Yes, we deliver accredited business valuations for mergers, sales, or legal purposes using industry-specific benchmarks and advanced analytics.
What consulting services are available?
We offer operational turnarounds, succession planning, performance management, and merger advisory services to drive growth and efficiency.
Do you work with governmental organizations?
Yes, we provide audits, compliance reporting, and grant management services for cities, school districts, and public entities under GAAP standards.