Tom Hodnefield, CPA, is an audit partner, client manager, and board chair at Redpath and Company. He works with closely-held businesses and specializes in providing accounting services to a variety of companies in the technology industry including software-as-a-service (SaaS), computer hardware, networking solutions, e-commerce, and IT management.
Tom is passionate about working with technology companies and helping them take advantage of opportunities in a very dynamic and fast-paced industry. His approach is to deliver value beyond compliance work and help his clients reach their goals through a deep understanding of their unique business and operational characteristics. Tom’s client portfolio includes companies with revenues ranging from pre-revenue to upwards of $100 million.
Tom understands the nuances and unique needs of businesses that provide technology services or products—or use technology as a competitive advantage. Areas of expertise include revenue recognition, GAAP readiness, M&A, funding, state and local tax/nexus, and entity structuring.
Tom began his public accounting career with Redpath and Company and has been with the firm 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
October 16, 2020 - In a special session on Oct. 15, the Minnesota State Legislature approved $208 million in tax relief by conforming to federal rules related to Section 179 expensing. Minnesota will now allow up to $1 million in annual Section 179 expense, with a dollar-for-dollar expense phase-out beginning at $2.5 million in acquisitions.
Hiring a new finance leader for your construction firm can be a challenge. Even the definition of an ideal candidate can be confusing. Ryan Everhart, CPA, Audit Partner and Client Manager at Redpath, breaks it down into two main questions: "Do you need someone who's just going to do the day to day work?" he […]
St. Paul, Minnesota (October 5, 2020) — Certified public accounting firm Redpath and Company, Ltd. (Redpath) has hired Jonathan Fortin, J.D., as director of the estate, gift, and trust tax service area, and Joe Hellman, CPA, as director of the transaction advisory service area.