Tom Hodnefield, CPA, is an audit partner, client manager, and current board chair at Redpath and Company. He works with closely held businesses, technology companies, and not-for-profit organizations. Tom’s passion is in working in fast-paced and constantly evolving environments. His approach is to deliver value beyond compliance work and help clients obtain the best outcomes for their circumstances. He is often responsible for understanding the nuances and unique needs of businesses that provide technology services or products or use technology as a competitive advantage. Current hot topics include revenue recognition, GAAP readiness, M&A, funding, state and local tax/nexus, entity structuring, tax reform, international, and more. Tom is also a member of the Redpath not-for-profit industry team. Tom previously led the not-for-profit team for 25+ years and remains a team member. He provides high-level strategic input on audit, accounting, and tax issues. Current hot-topics include current and upcoming GAAP changes, tax reform, M&A and more. Tom has provided public accounting services at Redpath and Company since 1988.
Tom Hodnefield, CPA
American Institute of Certified Public Accountants
Minnesota Society of Certified Public Accountants
Nonprofit Financial Group
Gustavus Adolphus College Audit Committee
Como Friends, board member and treasurer
White Bear Lake Area Educational Foundation, member of the founding board and former treasurer
We know you have many options when it comes to accounting firms in St. Paul or the Twin Cities area, and we know we’re not the right fit for everyone—but when you’re ready to start a conversation, we’ll be ready to listen.
55 East Fifth Street, Suite 1400 St. Paul, MN 55101
The SECURE Act (Setting Each Community Up for Retirement) recently passed, and the effects on employer-sponsored retirement plans as well as individual tax situations are the most significant since the Pension Protection Act of 2006. The following are some important takeaways that take effect in 2020 unless otherwise noted.