At CDS, we see firsthand the challenges businesses and individuals face at tax time. The filing process can be complex and time-consuming, and even the smallest … [Read more...]
The IRS has just announced 2024 amounts for Health Savings Accounts
The IRS recently released guidance providing the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA fundamentals An HSA is a trust … [Read more...]
Social Security’s Future
Recent reports have raised new concerns about the impending insolvency of the Social Security program, absent congressional action. Social Security reform has … [Read more...]
Improve Next Year’s Tax Situation Now!
Whether you receive a big refund or pay your taxes on tax day, taking action now can ensure next year’s tax bill is optimized by not paying a dollar more than … [Read more...]
5 Employers Found to Violate Federal Labor Laws & Regulations
The U.S. Department of Labor's Wage and Hour Division (WHD) recently issued news releases announcing actions taken against five companies that were investigated … [Read more...]
Be Aware: Employee Retention Credit Scams on the Rise
The IRS recently shared its 2023 “Dirty Dozen”, or its annual list of tax-related scams to be aware of this season. The first tax scam released as part of the … [Read more...]
Sarah Wentzel joins CDS
Sarah Wentzel recently joined CDS as a Bookkeeper. Prior to CDS, she worked in bookkeeping and customer service for over 6 years. Sarah graduated from Southwest … [Read more...]
Got fraud? Call a forensic accountant!
Fraud perpetrated by employees, management, vendors or customers can happen to any business. And if it does, it can take years to recover from the financial … [Read more...]
Calling All Taxpayers: Plan Now or Pay Later
Procrastination is easy, especially when it comes to summertime tax planning. But waiting to implement strategies to reduce your 2023 tax obligations could cost … [Read more...]