Financial planning and consulting Accountants can also provide broader business advice, such as: • Selecting the form of business organization • Setting up accounting systems and internal controls • Developing budgets, forecasts, and cash‑flow projections • Preparing or reviewing business plans
• Advising on financing strategies and helping prepare bank loan applications • Evaluating internal accounting controls and recommending improvements • Supporting business valuation , merger, and acquisition decisions • Advising on selection and implementation of accounting and business software The Minnesota Society of Certified Public Accountants maintains a referral service that can help businesses connect with qualified CPAs; contact information is in the Resource Directory. ENROLLED AGENTS Enrolled Agents are federally authorized tax professionals who are licensed by the U.S. Department of the Treasury. They qualify either by passing a comprehensive examination in federal tax law and procedure or through sufficient experience working for the Internal Revenue Service in certain positions. They must complete ongoing continuing education in taxation and keep their credentials current with the IRS. Enrolled Agents are trained to handle complex tax returns for individuals, partnerships, corporations, and other entities, and they are authorized to represent taxpayers at all administrative levels before the IRS. Information and referrals are available from the Minnesota Society of Enrolled Agents at the contact information listed in the Resource Directory section of this Guide. TAXPAYER EDUCATION WORKSHOPS The Minnesota Unemployment Insurance (UI) Program, Minnesota Business Tax Education Partnership offers free Educational seminars around the state to assist businesses. Call 651-259-7567. The Minnesota Department of Revenue offers classes, workshops and training events to help business owners understand their tax obligations and how to meet them. More information and schedules are available from the Minnesota Department of Revenue, Business Tax Education or call 651-282-5225 | 800-657-3605 and Sales Tax Education or call 651-296-6181 | 800-657-3777. The Minnesota Department of Labor & Industry offers worker’s compensation training opportunities for: employees, employers, health care providers, insurers, and rehabilitation providers. Information and schedules are available at Work Comp: Training Opportunities.
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