American Rescue Plan Act (ARPA) and the Single Audit What is a Single Audit? A single audit is an audit of an entity that spends $750,000 or more in federal … [Read more...]
Minnesota Tax Bill Passed
July 1, 2021 by Jeff Rislov
In the early hours of July 1, both chambers of the Minnesota Legislature passed the tax bill, marking the final piece of legislation approved in the special … [Read more...]
American Rescue Plan Funds for Non-Entitlement Cities
June 30, 2021 by Kari Steinbeisser
American Rescue Plan Funds for Non-Entitlement Cities On March 11, 2021, President Biden signed the $1.9 Trillion American Rescue Plan to provide additional … [Read more...]
R&D Tax Credits and the ERC
June 29, 2021 by Annette Benson
With the signing of the Consolidated Appropriations Act (CAA) in December 2020, the interplay with ERC and R & D credit wages was addressed stating that any … [Read more...]
Child Tax Credit 2021
June 25, 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 gym up to speed on the Employee Retention Credit?
May 27, 2021 by Kelly O'Farrell
What is the ERC? The Employee Retention Credit (ERC) is a refundable payroll tax credit for wages paid and health coverage provided by an employer whose … [Read more...]
Is your church up to speed on the Employee Retention Credit?
May 27, 2021 by Kelly O'Farrell
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...]
Firm Update: Wearing of Masks
May 20, 2021 by Brett Aamot
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...]
SBA Announces Application Opening Date for Restaurant Revitalization Fund
April 28, 2021 by Kelly O'Farrell
The SBA released the following press release 21-33 on April 27, 2021. The U.S. Small Business Administration will begin registrations on Friday, April 30, … [Read more...]
