Meet the Team

Michael G. Wastvedt

Michael Wastvedt

CPA, Managing Partner

Since opening Wastvedt & Company in 1998, Michael Wastvedt continues to carry an industrious energy with him in the office as well as in his personal life.

Michael’s business expertise and knowledge plays a valuable part as he works closely with clients to carefully guide them in business decisions regarding risk, needs and goals.

With a wealth of experience, Michael has a creative, interdisciplinary approach to the complexities of tax planning for individuals and businesses. He enjoys working with the wide assortment of businesses and their owners including real estate, professional services, restaurants, family partnerships and private foundations.

Practice Emphasis

  • Federal and state income tax planning and issues faced by corporations, partnerships, and individuals

  • Special emphasis on income and estate tax planning for businesses and their owners

  • Employee Benefit Plan Audits

  • IRS controversy work

  • Financial statements and tax returns

  • Strategic planning

Outstanding Results

  • Managed strategies for high net worth individuals resulting in annual state income tax savings

  • Operational advisement of small and mid-sized businesses.

  • Acted as Treasurer for a high net worth family actively participating in the analysis, deal flow, and investment in venture stage operational entities, commercial land and real estate, hedge funds, and private equity opportunities.

  • Coordinated the outside legal counsel for initial public offering filings and SEC compliance related to insider level holdings.

  • Management and negotiation of credit facilities with top-tier national banks and financial institutions.

  • Designed and led the production of quarterly portfolio valuation reports, which reflected the performance of all investments held globally by the organization.

Education

  • University of North Dakota, B.S., double major in Accountancy and Finance

  • North Dakota State University

Activities

  • American Institute of Certified Public Accountants

  • California Society of Certified Public Accountants

  • Colorado Society of Certified Public Accountants

  • Chartered Global Management Accountant

  • Ronald Reagan Presidential Foundation Advisory Council - San Diego

  • Previously served on the Town of Basalt Planning and Zoning Commission

  • Previously served on the Pitkin County Financial Advisory Board

  • Board member of The Lakes Above Rancho Santa Fe

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