GASB Statement No. 96 – SBITA

What are Subscription-based IT Arrangements? Subscription-based information technology arrangements (SBITA) is a contract that conveys control of the right to … [Read more...]

Common Conflicts of Interest and How to Prevent Them

What is a Conflict of Interest? A Conflict of Interest occurs when a public officer who is authorized to take part in any manner making any sale, lease, or … [Read more...]

Segregation of Duties for Government Entities

Segregation of duties is a type of preventive internal control that ensures an individual does not perform multiple duties in which committing and concealing … [Read more...]

Our Newest CDS Partner

Stacey Seviola, CPA has been admitted as Partner at CDS effective January 1, 2023. Stacey Seviola, CPA has been a Manager at CDS since 2016. She joined … [Read more...]

SECURE 2.0 Act

On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two important new … [Read more...]

It’s Tax Time! Tips to Get Organized

The beginning of a new year brings the need to recap the previous one for Uncle Sam. Here are some tips and a checklist to help get you organized. Look for … [Read more...]

Podcast: Tax Insights for the 2023 Filing Season

Check out our latest podcast (Episode 20) on Tax Insights for individuals and businesses for the 2023 filing season hosted by Manager, Thomas Stoeckman, CPA. … [Read more...]

2023 Q1 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep in mind that this list isn’t … [Read more...]

Carolyn Halverson earns Enrolled Agent Certification

Carolyn Halverson recently earned her Enrolled Agent (EA) certification. An Enrolled Agent is a federally licensed tax practitioner who has proven technical … [Read more...]