Skip to main content Skip to search

Accounting Services

Accounting Bookkeeping Payroll Services

Minneapolis & St. Cloud, MN

LB Carlson is among only a few CPA firms of our size to offer a strategic bookkeeping and payroll option. In addition, we provide a full range of accounting services, custom reporting and accounting systems solutions and support. We’ll even coordinate monthly financial/management meetings.

Consider us a trusted accounting resource that goes beyond the numbers to apply real business solutions to your individual and corporate needs.

QuickBooks Bookkeeper | Payroll Outsourcing | QuickBooks Accountant | QuickBooks Pro | Payroll Services for Small Business | CPA Tax Preparation

Connect with Carlson today.

We want to be your accounting department. Many businesses are finding it is cost effective to outsource some or all of their accounting and bookkeeping functions. Whether it is reconciling your month end, helping enhance your internal controls, mentoring your controller, or stepping in as a part-time CFO, we can offer the right amount of support a growing company needs. Before you hire your next controller or CFO, contact our consultants to discuss the benefits of outsourcing.
We have extensive knowledge in QuickBooks and have QuickBooks Pro Advisors on staff to make your job easier.

We are also proficient in a variety of other accounting software packages including Peachtree, JobBOSS, Great Plains and Platinum. Whether you are using a well-recognized accounting software brand or a lesser-known brand, we will work with you to maximize your accounting software.

Our bookkeeping services can help your business grow and allow you more valuable time to run your business. Recognizing that all companies are different, we customize the services we provide to meet your business needs. Let our bookkeeping professionals find ways to save you money through fiscal efficiencies, taxes, and financing by preparing and analyzing financial statements or executing your monthly accounting functions. You can rely on us to take care of all of your bookkeeping needs.
Are you gathering information in your software system, only to find that you cannot get the reports you need to make business decisions? Are some of your vital reporting needs not being met with your existing software? We can help you use the powerful features of Crystal Reports to help you manage, share and deliver your critical business reports. From minor changes of existing reports to complete report design, our consultants will work with you to harvest the information locked in your software.
Does it seem like your payroll returns are due at the end of every month rather than every quarter? Do W-2s and year-end reconciliations take longer than you’d like? Our dedicated payroll professionals at LB Carlson can relieve this burden, preparing your federal and state quarterly reports at a competitive rate.

Related Posts

Financial statements

View your financial statements through the right lens

Many business owners generate financial statements, at least in part, because lenders and other stakeholders demand it. You’re likely also aware of how insightful properly prepared financial statements can be — especially when they follow Generally Accepted Accounting Principles. But how can you best extract these useful insights? One way is to view your financial statements through a wide variety of “lenses” provided by key performance indicators (KPIs). These are calculations or formulas into which you can plug numbers from your financial statements and get results that enable you to make better business decisions.

Business travel

IRS announces per diem rates for business travel

In Notice 2020-71, the IRS recently announced per diem rates that can be used to substantiate the amount of business expenses incurred for travel away from home on or after October 1, 2020.

Accounting software

5 common accounting software mistakes to avoid

No company can afford to operate without the right accounting software. When considering whether to buy a new product or upgrade their current solutions, however, business owners often fall prey to some common mistakes. Here are five gaffes to avoid:

Accounting for PPP Loans

On June 10, 2020, the AICPA released guidance, to address how borrowers of Payroll Protection Program (PPP) Loans should account for these loans in their GAAP financial statements. The legal form of the PPP loan is debt, however, some believe that the loan is, in substance, a government grant. These conflicting opinions have led the AICPA to provide PPP Loan borrowers with options to account for the PPP Loans. Borrowers can account for the PPP Loans as:

SBA issues interim final rule on PPP

On May 23, the Small Business Administration (SBA) issued an interim final rule for the Paycheck Protection Program (PPP) that included the loan forgiveness application guidance released May 15, as well as other updated guidance.

PPP Forgiveness Form Released by SBA, Includes Changes

The Small Business Administration (SBA) has released its long-awaited Paycheck Protection Program (PPP) forgiveness form for borrowers. The release on May 15 brought with it significant changes to the interpretation of some components of forgiveness that were not previously known.