Business Details
32 Years
experience
Trusted Accounting Services in St. Paul, MN
Siddiqui & Basnet has been providing comprehensive accounting, tax, and financial services to small businesses and individuals in St. Paul, Minnesota, since 1994. Our firm combines decades of experience with a client-centric approach, offering personalized solutions tailored to the unique needs of each business. We specialize in small business accounting, payroll management, tax preparation, and strategic financial planning, serving clients across diverse industries including real estate, e-commerce, and hospitality. Our team of certified professionals is committed to delivering accurate, timely, and reliable services, ensuring clients can focus on growing their businesses without financial burdens. With multilingual support in English, Spanish, Hindi, Somali, and Hmong, we prioritize accessibility and cultural understanding in all client interactions.Our dedication to transparency, ethical practices, and continuous education ensures clients receive up-to-date advice aligned with evolving regulations. Located at the corner of Raymond Ave. and University Ave. W., we offer both in-person and virtual services to accommodate modern business needs. Our proven track record of fostering long-term client relationships underscores our commitment to excellence and community impact. By maintaining strong personal connections with every client, we provide proactive guidance that addresses both immediate challenges and long-term financial goals. This combination of technical expertise, personalized service, and local knowledge positions us as a trusted partner for businesses seeking sustainable growth.
Services
Tax Preparation
Payroll Services
Small Business Accounting
IRS Audit Representation
Forensic Accounting
Cash Flow Management
QuickBooks Setup
Business Valuation
Strategic Planning
Non-Profit Accounting
Details
- Year established: 1994
Highlights and features
- We have over 25 years of experience serving St. Paul businesses.
- Our team includes CPAs fluent in five languages for better client communication.
- We offer customized financial solutions for diverse industries including real estate and e-commerce.
- We provide both in-person and virtual accounting services for flexibility.
- We specialize in resolving complex tax problems with discreet, efficient representation.
Services
Tax Preparation
Our tax preparation services ensure accurate and timely filing for businesses and individuals. We handle complex tax situations, identify deductions, and provide strategic planning to minimize liabilities while maintaining compliance with federal and state regulations.
Small Business Accounting
We manage day-to-day accounting tasks including financial reporting, accounts payable/receivable, and payroll processing. Our services help small business owners maintain organized records and make informed financial decisions without handling books themselves.
IRS Audit Representation
Our experts provide professional representation during IRS audits, ensuring proper documentation and communication. We work to resolve disputes efficiently while protecting clients' interests and minimizing potential penalties or liabilities.
QuickBooks Setup
We implement and configure QuickBooks systems tailored to business needs, including chart of accounts setup and workflow optimization. Our training ensures clients can effectively use the software for daily accounting operations and financial tracking.
Business Valuation
We provide accurate business valuations for mergers, acquisitions, or succession planning. Our analysis considers market conditions, financial performance, and industry-specific factors to determine fair market value for strategic decision-making.
People
A.J. Siddiqui
CPA
Founder with over 25 years of experience in public accounting, specializing in small business tax strategies and financial planning. Committed to community-focused service in St. Paul.
Santosh Basnet
Managing Partner
CPA and MBA holder with expertise in business accounting and tax compliance. Leads client relationships with a focus on personalized financial solutions for diverse industries.
Lina Vang
Accountant
Experienced in individual and business tax preparation, providing multilingual support to clients. Specializes in accurate filings and tax optimization strategies for small businesses.
Diane Klingbeil
Accountant
Focuses on payroll services and financial reporting, ensuring compliance with tax regulations. Provides detailed analysis to help businesses maintain accurate accounting records.
Chao Thao
Accountant
Specializes in QuickBooks implementation and accounting software solutions. Assists clients with system setup and optimization for efficient financial management operations.
Questions
What accounting services do you offer for small businesses?
We provide comprehensive small business accounting, including bookkeeping, payroll processing, financial reporting, and cash flow management tailored to your specific needs.
Do you handle tax preparation for both businesses and individuals?
Yes, we offer complete tax preparation services for businesses and individuals, including corporate tax returns, personal income tax filings, and strategic tax planning.
Can you assist with IRS tax problems?
We specialize in resolving IRS issues including audit representation, back taxes owed, wage garnishments, and payment plan negotiations for both businesses and individuals.
Do you offer QuickBooks support and setup?
Yes, we provide QuickBooks setup, training, and troubleshooting services to help businesses implement and optimize their accounting software effectively.
Are your accountants certified professionals?
Our team includes Certified Public Accountants (CPAs) with specialized expertise in small business accounting, tax law, and financial planning.
Reviews (7)
Amelia Versland
Apr 21, 2022
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Incredibly professional, timely, knowledgeable about all things tax related and business. After working with 3 other firms, Santosh and his group are by far the best in the business!
Minh Porter
Apr 13, 2022
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I have always felt so welcomed when coming here. Santosh and his team are nothing but the best! When someone ask's me if I have a CPA I'd recommend, Siddiqui & Basnet is the first CPA that comes to mind.
Oliva Shakya
Jan 17, 2022
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I am a very satisfied customer of Siddiqui & Basnet LLC. They take the time to build a personal relationship.
John Farrell
Jun 10, 2021
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I have been a highly satisfied client of Siddiqui & Basnet for many years. They helped me manage a complex situation with the IRS, saving me thousands of dollars and eliminating a big source of stress. Today, they provide financial and tax guidance to our business as well as continuing to ensure annual and quarterly tax filing is easy, error-free, and affordable.
Sara Abdi
Oct 29, 2020
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We have been using their service for years. They handle our payroll, personal taxes and more. They are prompt and very professional. Highly Recommend.
Babita Tamrakar
Mar 04, 2020
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My husband runs IT consulting business and we have been using their full accounting service which includes accounting, payrolls, taxes and many more for last three years. They understand in and out of small business. They even handles my personal taxes as well.
Kyle Kosieracki
Dec 24, 2013
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I had a relatively tricky tax issue that I needed help with. AJ was knowledgeable, friendly, and helpful. I would definitely go back to him for any of my future tax and accounting needs.
