Skip page Logo and Brand information to navigation. Skip page header section and navigation, to main content.

Learn More About Our Services


Tax Preparation Services

Business Tax

No matter how your business is structured, we can help you keep more of what you earn. We specialize in preparing and filing Federal and State tax returns for small businesses, including LLCs, Partnerships, S Corporations, C Corporations, and Sole Proprietorships. Backed by years of experience and hundreds of successful filings, we deliver accurate, strategic tax solutions tailored to your business.

Tax Planning & Forecasting

Effective tax planning starts long before tax season. We help individuals and small businesses reduce tax liabilities through proactive, year-round planning and forecasting. By developing long-term tax strategies and reviewing your situation throughout the year, we help you make informed decisions, avoid surprises, and stay on track to meet your financial goals.

Whether you're considering a specific tax-saving strategy or evaluating multiple scenarios, we provide the insight needed to make confident decisions. The greatest tax savings opportunities come from planning ahead, not after year-end when your only option is filing the return. Our goal is simple: help you take control of your tax situation before the IRS does.

Individual Tax

With thousands of Federal and State tax returns prepared, we provide the expertise individuals and families trust. From accurate tax filing to personalized tax planning, we help you minimize taxes, maximize opportunities, and gain peace of mind. Have a tax question? We're here to help.


Accounting Services

Bookkeeping

Stay focused on running your business while we keep your finances organized and up to date. We provide timely, accurate bookkeeping and financial reporting tailored to your needs, whether monthly, quarterly, or annually. Our services also include budgeting and forecasting to help you make informed business decisions. We work with QuickBooks and other leading accounting platforms to deliver reliable financial insights you can trust

Financial Statement Preparation

Clear, timely financial reporting is essential for making confident business decisions. We provide accurate monthly, quarterly, and year-end financial statements tailored to your needs, including balance sheets and detailed profit-and-loss reports.

Using advanced accounting technology, we deliver meaningful financial insights, trend analysis, and performance comparisons that help you better understand your business and identify opportunities for growth. Whether you need reports for management, lenders, investors, or tax planning, we provide the reliable financial information you need to make informed decisions.

Payroll Services

Total payroll services for small business clients have been provided for many years. Services include: Set up and maintenance of all records, time card tabulations, withholdings of tax and benefit contributions, Federal and State tax filings, issuance of checks and preparation of all W-2's and 1099 forms.


Other Services

Business Valuation Services

Whether you're buying, selling, financing, or planning for the future, an accurate business valuation is essential. We provide comprehensive business valuation services for small businesses, helping owners, buyers, and advisors make informed decisions with confidence.

Our valuations support:

  • Business sales and acquisitions
  • Buy-sell agreements
  • Bank and SBA financing
  • Divorce proceedings
  • Insurance and succession planning
  • Ownership transitions

Using a multi-faceted valuation approach, we deliver objective, well-supported analyses tailored to your specific situation. Whatever your goal, we provide the insight and documentation you need to move forward with confidence.


Send Us a Message

We would love to hear from you!

320-227-2300 admin@lakes.tax

405 S Dana Ave Box 647, Rush City, MN 55069

Stay on Course with Trusted Tax & Accounting Advice