Redpath Insights

Redpath and Company

Redpath and Company
Redpath helps clients make more informed decisions that contribute to their financial well-being by providing proactive, innovative, and value-driven certified public accounting services for closely-held businesses, government entities, and not-for-profit organizations. Areas of service expertise include audit and attest; personal, business, and international tax; accounting services; entity structuring; mergers and acquisitions; valuations; succession and estate planning; state and local tax; and sales and use tax. The firm was founded in 1971 and is 100% employee owned (ESOP). With offices located in downtown St. Paul and White Bear Lake, Minnesota, the firm ranks as one of the top CPA firms in the Twin Cities with over 180 employees. Redpath is a member of HLB International, a global network of independent advisory and accounting firms. For more information, visit redpathcpas.com.

Recent Posts

What the ASC 842 Lease Accounting Standard Means for Your Construction Balance Sheet

ASC 842 is a recent change to leasing standards that, among other things, requires companies to include leases longer than 12 months on their balance sheets. The ramifications of the new standard make it crucial for construction companies to get...

Construction Companies Might Be Eligible for an R&D Tax Credit and Not Even Know It

What do you think of when you hear the term "R&D"? If you picture CAD drawings and beakers bubbling, you're not alone โ€“ but research and development means a lot more types of work than you may imagine. In fact, your construction company might be...

What to Know Before You Start Succession Planning

August 25, 2020 - What do you want for your business when you leave it? While there are many factors to consider in succession planning, your choice will ultimately come down to answering that question. When you sit down with your team of...

6 Questions to Ask When Interviewing a New Construction Accounting Firm

August 18, 2020 - Whether you're growing, restructuring, cleaning house, or just want to know your options, one of the most valuable things you can do when looking for a new construction CPA is to be curious. 

How Can the Recession Impact Your ESOP Strategy?

August 13, 2020 - When you're ready to exit your business, you have many options for how to go about planning what will happen when (and after) your exit. Employee stock ownership plans (ESOPs) are one of them โ€“ but how do you know what's right...

How Construction Companies Can Retain Top Talent When Revenue Drops

August 11, 2020 - When new work dries up and your construction company begins backlogged work, the future of your workforce can seem uncertain. How do you keep your best team members through tough times in a market where their next pay increase...

Should You Lease or Buy Construction Equipment in a Recession?

July 28, 2020 - As the economy fluctuates in response to the COVID-19 pandemic, construction companies are weighing everyday transactions with a new scale. The decision of whether to lease or buy construction equipment has always been a decision...

Four Signs You've Outgrown Your Construction Accounting Firm

July 7, 2020 - Sustainable growth is one of the best things that can happen to a construction company, but it comes with its own set of challenges. You'll probably need to change your pricing and pay structure, distribution, logistics, and set...

Three Common Mistakes on Marital Balance Sheets

May 26, 2020 - The marital balance sheet is an important document when considering the division of assets in a divorce. Prepared correctly, it shows all of the partiesโ€™ assets and liabilities in one place so well-informed decisions can be made...

How Redpath Has Responded to the Coronavirus Crisis

May 28, 2020 - While reflecting on how Redpath has responded during the coronavirus crisis, there is a specific moment etched in the mind of Mark Gibbs, the firmโ€™s Managing Partner. It was upon hearing the news that Minnesota Governor Tim Walz...