Retirement account catch-up contributions can add up

If you’re age 50 or older, you can probably make extra “catch-up” contributions to your tax-favored retirement account(s). It is worth the trouble? Yes! Here … [Read more...]

Things for extension filers to keep in mind

Many people requested an extension to file their tax return after the usual April deadline. These filers have until October 16, 2023, to complete and file their … [Read more...]

Planning ahead for 2024: Should your 401(k) help employees with emergencies?

The SECURE 2.0 law, which was enacted last year, contains wide-ranging changes to retirement plans. One provision in the law is that eligible employers will … [Read more...]

IRS provides transitional relief for RMDs and inherited IRAs

The IRS has issued new guidance providing transitional relief related to recent legislative changes to the age at which taxpayers must begin taking required … [Read more...]

Riley Cronen Earns CPA Designation

Riley Cronen recently earned his Certified Public Accountant (CPA) designation from the Minnesota State Board of Accountancy. He joined CDS in 2022 as a Staff … [Read more...]

Nicole becomes Certified QuickBooks ProAdvisor

Nicole Fernkes recently received her QuickBooks ProAdvisor Desktop certification. Nicole joined CDS in 2022 as a Bookkeeper. Prior to CDS, she worked in … [Read more...]

Direct Tax Rebate Payments

The Minnesota Department of Revenue will send direct tax rebate payments for tax year 2021 to eligible Minnesotans after a recent tax law update. The … [Read more...]

Caylee Christianson joins CDS

Caylee Christianson recently joined CDS as a Staff Auditor. She was an intern for CDS in 2022. Caylee graduated from University of Wisconsin - Eau Claire in Eau … [Read more...]

Erin Marcotte Promoted

Erin Marcotte was recently promoted to Senior Accountant. Erin joined CDS in 2020. She graduated from University of Wisconsin-Superior in Superior, WI with a … [Read more...]