Child Tax Credit 2021

Child Tax Credit 2021 The American Rescue Plan Act of 2021 (ARPA) enacted in March 2021 made changes to the Child Tax Credit that may benefit many … [Read more...]

Is your church up to speed on the Employee Retention Credit?

What is the Employee Retention Credit (ERC)? The Employee Retention Credit (ERC) is a refundable payroll tax credit for wages paid and health coverage provided … [Read more...]

Small Business Guide to Payroll

Check out our Small Business Guide to Payroll authored by our Director of Payroll Services, Michelle Hanson. This guide discusses: today's top 5 compliance … [Read more...]

Firm Update: Wearing of Masks

CDS, CDSA, and CDS Financial Services are all available for in-office appointments. If you prefer a phone conference or virtual meeting in lieu of an in-person … [Read more...]

CDS Family of the Game

Hey families…Have you ever wanted to meet a Stingers player and get $100 gift certificate to spend in the Stingers Gift Shop? Well here’s your chance! CDS is … [Read more...]

SBA Announces Official Restaurant Revitalization Fund Application and Guidelines

The U.S. Small Business Administration (SBA) announced on Monday, April 19 details on the application requirements, eligibility, and a guidelines for the … [Read more...]

IRS and MN Department of Revenue Extend Tax Filing and Payment Deadline for Individuals from April 15 to May 17

The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be … [Read more...]

President Biden Signs COVID-19 Relief Bill

President Biden signed the $1.9 trillion COVID-19 relief package called the American Rescue Plan Act (The Act hereafter) of 2021 Thursday afternoon. This will … [Read more...]

CDS Receives Pass Rating on Recent Peer Review

CDS has successfully completed a rigorous peer review of its accounting and auditing practice. The reviewers concluded that the firm’s system of quality control … [Read more...]