If you’re launching a new business venture, you’re probably wondering which form of business is most suitable. Here is a summary of the major advantages and … [Read more...]
Choosing a business entity? Here are the pros and cons of a C corporation
December 5, 2022 by Jennifer Lownsbury
Becky Lang joins CDS
November 28, 2022
Becky Lang recently joined CDS as a Staff Auditor in our Willmar offce. Prior to CDS, she worked in private accounting for 12 years and public accounting for 7 … [Read more...]
Great Tax Reduction Ideas
November 14, 2022 by Jeff Rislov
The tax code is about 75,000 pages long, so it’s not surprising there are many overlooked money-saving deductions hidden within it. And with the much higher … [Read more...]
Benefits of an employer-sponsored HSA
November 14, 2022 by Jen Burnett
No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way to provide some of these benefits is through an … [Read more...]
Inflation means you and your employees can save more for retirement in 2023
November 14, 2022 by Annette Benson
How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice 2022-55, the IRS recently announced … [Read more...]
Act now to reduce your business’s 2022 tax bill
November 14, 2022 by Jennifer Lownsbury
It’s been a tumultuous year for many businesses, and the current economic climate promises more uncertainty for the short term, if not longer. Regardless of how … [Read more...]
5 steps to take now to cut your 2022 tax liability
November 7, 2022 by Thomas Stoeckman
It has been quite a year — high inflation, rising interest rates and a bear stock market. While there’s not a lot you can do about any of these financial … [Read more...]
Estate planning vocab 101: Executor and trustee
November 3, 2022 by Larry Stulen
Among the many decisions you’ll have to make as your estate plan is being drafted is who you will appoint as the executor of your estate and the trustee of your … [Read more...]
Lee Becomes Certified QuickBooks ProAdvisor
November 2, 2022
Lee Bowen receives her QuickBooks ProAdvisor certification Lee Bowen recently received her QuickBooks ProAdvisor certification. Lee Bowen joined CDS in 2022 as … [Read more...]
