Our History

Lottsa’s mission is to empower clients to make informed tax and financial decisions that encourage them to thrive.

Our company began on June 1, 1982 as a partnership between Scott Beers and Loretta Thomas to provide accounting and management services to two food co-ops. We later incorporated, and Scott became the sole shareholder upon Loretta’s death in 1989. Daniel Palahniuk became minority shareholder and Vice President effective January 1, 2018.

Lottsa Tax & Accounting Services, Inc. provides tax and accounting services. We do them well at a good value for the client. We do not provide audit or review services.

Lottsa Financial Services, Inc. is an affiliated company that offers personal financial planning and asset management on a fee-only basis while adhering to a fiduciary standard.

We join in celebrating clients’ successes and anguishing with them as they confront challenges. The truly rewarding part of the business is relating with others, being able to help them with important and sometimes very intimate decisions.

We’ll provide the level of service that you need, empower you to do as much as you can (and want to) do, while encouraging you to find the appropriate spot along the accounting & tax prep spectrum where our services will deliver the best value for you.

Ever since we started, our offices have been on the West Bank. With the University of Minnesota and Augsburg College, there’s a vibrant intellectual climate here. Its array of recent immigrants brings a dynamism that’s exciting to be amongst. We feel connected to the West Bank’s progressive and artistic roots.