Payroll Companies & Payroll Services in Eden Prairie, MN

Overview

Eric R. Nelson CPA LLC is a certified public accounting practice in Eden Prairie, Minnesota. It offers payroll administration alongside tax, bookkeeping and advisory work. The firm is not a standalone payroll bureau. Instead, it treats payroll as one part of a broader accounting relationship. That may suit small employers who want one team to handle wages, tax filings and the books together.

Payroll Services

The firm takes on the recurring, detail-heavy parts of running payroll for its business clients. Its stated payroll scope includes:

• Running regularly scheduled pay cycles
• Entering new hires into the payroll system
• Recording pay rate and salary adjustments
• Preparing and submitting payroll tax filings
• Year-end W-2 and 1099 preparation
• Tracking employee hours

The firm stresses two things: getting each payroll right and meeting payroll tax deadlines. It also aims to free owners from hours of administrative work. Clients work with staff through a secure, web-based system, so payroll can be reviewed and approved online rather than through paper. Because the same office also does the bookkeeping and tax returns, payroll data feeds directly into the rest of a client's financial records.

Broader Accounting Support

Beyond payroll, the practice prepares and plans business and personal income taxes. It also offers bookkeeping, outsourced accounting, audit protection, business management services and general financial advice. Its start-up package, called Business Foundation Services, helps new owners in four ways:

• Choosing a legal entity and handling the required federal and state paperwork
• Configuring an accounting system for an efficient workflow
• Comparing retirement plan options for owners and staff with cost in mind
• Picking a credit card that earns the most rewards on company spending

Who They Serve

The firm adjusts its engagements to fit companies at different stages, from brand-new ventures to established operations. Its site names four main client groups: entrepreneurs, service-based businesses, real estate clients and small businesses generally. The firm says it has advised hundreds of entrepreneurs on how to structure their entities for long-term goals. It also serves individuals, mainly for tax work.

Background and Team

Founder and president Eric R. Nelson, CPA, has more than 22 years of experience. He has worked with start-ups, small companies, Fortune 500 corporations and individual clients. The firm says he brings methods learned at large corporations to local clients, a level of service it describes as uncommon among smaller practices.

It also describes him as an accountant who trains other accountants. The team listed on the site also includes staff accountant Kevin Franske and director of communications Hannah Lindgren. Clients exchange documents through the NetClient CS portal and book meetings through Microsoft Bookings. They can also pay invoices online and check the status of a tax refund.

Nelson's stated philosophy is that every decision should be judged by how much it improves the client's results and quality of life.

Reese CPA Firm is a certified public accounting practice based in Eden Prairie, Minnesota, and led by Mark Reese, CPA. It serves individuals, nonprofit organizations and businesses of small to moderate size throughout the Twin Cities metro and the rest of Minnesota. The practice centers on tax and accounting rather than operating as an independent payroll processing service.

Employers who need payroll assistance will find it built into the firm's bookkeeping, tax credit and compliance offerings. This arrangement appeals to owners who would like a licensed CPA to keep watch over payroll records as part of managing their overall finances.

Payroll-Related Services

Each month, the firm's accounting engagements tie payroll into transaction entry, account reconciliation and the preparation of financial statements. Reese CPA Firm also addresses a number of employer tax issues that rely on wage information:

• Payroll coordination folded into regular bookkeeping as well as cleanup engagements
• Assistance with the Work Opportunity Tax Credit (WOTC) for employers that bring on workers from qualifying groups
• Support during IRS examinations of Employee Retention Credit and Recovery Start-up Business filings
• Research and Development credit services, which eligible new ventures may use to offset payroll taxes
• Guidance on the Paid Family Medical Leave program in Minnesota
• Recommendations on compensation for owners and employees within corporate tax strategy

Accounting, Tax and Advisory Work

Apart from payroll matters, the practice files federal and Minnesota returns for C-corporations (Form 1120), S-corporations, partnerships, LLCs and exempt organizations (Form 990). It also handles individual 1040 filings that include Schedules C, D, E and F. On the corporate side, engagements cover matching returns to financial statements, building depreciation schedules, book-to-tax adjustments and apportioning income among multiple states.

The advisory menu spans entity selection and formation, due diligence and quality-of-earnings analysis for mergers and acquisitions, part-time outsourced CFO services, internal and operational audits, Section 179 expensing, cost segregation studies and 1031 exchanges. The firm additionally helps small businesses, nonprofits and minority-owned ventures locate grant funding.

Clients and Industries

Among the businesses the firm serves are expertise-based practices, software and other tech-oriented enterprises, young early-stage ventures, manufacturers, real estate holding entities, closely held family operations and organizations doing business across state lines. Its nonprofit work reaches public charities, private foundations, faith-based and educational institutions, social service agencies, community foundations and trade associations. For these organizations, the firm also assists with governance disclosures for boards and with Minnesota's charitable reporting requirements.

Working Style and Background

Rather than relying on automated software preparation alone, clients deal personally with a CPA. Engagements follow a defined sequence: an intake checklist, a review and cross-check of submitted documents, preparation of the work and a final CPA quality review before anything is filed.

The firm emphasizes precision, orderly records that can withstand examination, consistent handling from year to year and clear explanations of which documents are required and the reasons behind each request. Mark Reese shapes his recommendations around the objectives of every client, and prospective clients may reserve an initial consultation using an online booking tool.

For those evaluating payroll options, Reese CPA Firm is well suited to employers who prefer to have payroll records, wage-driven tax credits and state leave compliance examined in tandem with their accounting and tax filings. Businesses that require a dedicated system to actually run payroll might consider combining the firm's services with a separate payroll provider.