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

Recent Posts

Opinion: The Halloween "Parent Tax" is Unjustified

October 26, 2017 โ€” Costumed travelers door-to-door on a crisp-aired eve of delight. Gifts of sweets multiply and land into pillowcases, satchels, and my basket. But the spookiest thing of all? A shriek from a casket? No, withdrawal.

How Manufacturers Can Use Big Data to Improve Performance

July 13, 2017 โ€” To stay competitive in the manufacturing industry, itโ€™s essential to make smart and fast decisions on a variety of industry-specific needs, such as forecasting production downtime. However, U.S. manufacturers fall behind their...

Should Manufacturers Buy or Lease Large Equipment?

May 31, 2017 โ€” Recently, the Financial Accounting Standards Board issued an update that will significantly change the way in which lessees and lessors account for leases. The change, which takes effect in 2020, will require businesses to recognize...

Tax Advantage of R&D Tax Credit to Minimize Your Tax Liability

March 26, 2017 โ€” For many organizations, taking the research and development (R&D) tax credit means identifying a hidden source of cash in addition to minimizing their tax liability. If you reviewed the R&D tax credit in the past and determined you...

2015 Year-end Reporting Newsletter: Bottom Line

November 16, 2015 โ€” An accountable plan allowance is an arrangement whereby the employer pays an employee a fixed amount or a formula based amount of money to be used for employment-related expenses. The employee must account for how the money is...

Work Opportunity Tax Credit Transition Relief

March 10, 2015 โ€” The IRS recently released Notice 2015-13, which provides transition relief for employers to comply with the paperwork requirements necessary to claim the Work Opportunity Tax Credit (WOTC).

Start Paying Your Children

March 10, 2015 โ€” If you can get your children to work for your business or work around the house, start paying them.

Brian Sweeney Elected to NCEO Board of Directors

St. Paul, Minnesota (February 23, 2015) โ€“ Redpath and Company announced today that Brian Sweeney, who is a Partner and serves as the leader for both the Commercial Audit and ESOP teams, was elected to the National Center of Employee Ownership (NCEO)...

Work Enough to Avoid 3.8% Investment Income Medicare Tax

February 9, 2015 โ€” How many hours do you need to work for a trade or business to avoid the 3.8% Investment Income Medicare tax? Most believe it is greater than 500 hours per year. This is not necessarily true. Internal Revenue Code (IRC) section...

Congress Does It Again: A Short-Term Extender Bill

December 22, 2014 โ€” Several tax law provisions expired on December 31, 2013.  We have been waiting for legislation extending these expired provisions all year. We finally got it last week.