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Craig A. Mulcahy, CPA, MBT
Officer and Shareholder



651-281-1852
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"I really enjoy helping my clients find ways to minimize their federal and state income tax liabilities and, as a result, growing their particular business."

Craig A. Mulcahy is a Shareholder and has over fifteen years of public accounting experience at Mahoney, Ulbrich, Christiansen & Russ, P.A. He concentrates in providing tax and accounting services for his clients.  Craig is also a member of the firm's Marketing Committee.

Craig has extensive experience within the rental real estate and management industry, including housing tax credits and cooperatives. The real estate industry allows him to work with numerous clients that have formed pass-through entities such as partnerships and limited liability companies. Craig assists clients with accounting, tax planning, tax research and tax preparation services. Some specific tax transactions he advises with are partnership capital account analysis, partner basis adjustments, technical terminations, debt modifications and business energy credits.

Craig also performs tax and accounting services for closely-held businesses, non-profit organizations, estates, trusts and individuals. Closely-held businesses include professional service organizations, contractors, manufacturers and retail entities. These business clients file income tax returns as C-Corporations, S-Corporations, partnerships and sole proprietors. Craig also provides assistance with multi-state and foreign tax reporting requirements and represents clients before federal and state tax authorities.

Craig graduated from the University of St. Thomas with a Bachelor of Arts degree in Business Administration with a concentration in Accounting. He has earned a Masters degree in Business Taxation (MBT) from the University of Minnesota. He also regularly attends continuing professional education classes on current tax and accounting issues.

Professional Activities and Memberships

  • The American Institute of Certified Public Accountants - Tax Section
  • The Minnesota Society of Certified Public Accountants
    • Member of the Taxation Advisory Committee
  • The Minnesota Association of Public Accountants

Speaking Engagements

Craig has presented tax and legislative update programs for firm, clients, and other business professionals in the Twin Cities metropolitan area.

Community Involvement

  • Graduate of Leadership Saint Paul through the Saint Paul Area Chamber of Commerce
  • Baseball and basketball coach for the Lakeville Youth Sports Association
  • Member of All Saints Catholic Church