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...]
What do the 2023 cost-of-living adjustment numbers mean for you?
October 28, 2022 by Jim Rudnick
The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, many amounts increased … [Read more...]
Inflation Reduction Act expands R&D payroll tax credit
September 28, 2022 by Jeff Rislov
When President Biden signed the Inflation Reduction Act (IRA) into law in August, most of the headlines covered the law’s climate change and health care … [Read more...]
