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Depend on Our People.
Count on Our Advice. SM

Olsen Thielen does more than just accounting and taxes. We are a full service accounting and consulting firm focused on providing top quality solutions for our clients.

We believe our job is to anticipate your needs and provide innovative and proactive answers and solutions. By applying our professional talents and experiences to your unique business, Olsen Thielen brings timely and cost effective value to your business.

This philosophy has made Olsen Thielen a trusted adviser to business owners in the upper midwest for over 90 years.

  • Olsen Thielen Adviser

    Rental Property Expenses Denied

    rent_by_ownerRafael Castillo, TC Memo 2013-72 

    A taxpayer’s rental property expenses were denied due to improper & non-existent documentation.   

    TAX LAW BACKGROUND

    Rental property owners are able to offset rental income with expenses paid in connection to the rental property.  Rental Income and expenses…

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    IRS Audit Success Against Real Estate Professionals

    forsaleIn December, we blogged about the Kutney decision in which a taxpayer was disallowed real estate professional tax treatment because the documents the taxpayer produced for the court did not substantiate the hours worked on real estate. In a similar…

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    Upcoming Events

    Sparking High Performance Within Your Team – May 15, 2013

    Olsen Thielen CPAs and EBITDA Partners announce the next session of their Seminar Series that will be held on Wednesday, May 15 at Olsen Thielen’s Roseville office, 2675 Long Lake Road.  Doors open at 7:30 a.m. for registration and networking.  Seminar starts promptly at 8:00 a.m. and wraps up by 9:30 a.m. Sparking High Performance  Continue Reading »

    Business Valuation — What is the Value?

    Wednesday, April 17, 2013 — Olsen Thielen CPAs and EBITDA Partners invite you to attend the next session of their educational seminar series that will be held on Wednesday, April 17 at Olsen Thielen’s Roseville office, 2675 Long Lake Road.  We strive to expose business owners to concepts and systems that may be worthy of  Continue Reading »