What do the 2026 cost-of-living adjustment numbers mean for you?

The IRS recently issued its 2026 cost-of-living adjustments for more than 60 tax provisions. The One Big Beautiful Bill Act (OBBBA) makes permanent or amends … [Read more...]

The 2025 SALT deduction cap increase might save you substantial taxes

If you pay more than $10,000 in state and local taxes (SALT), a provision of the One Big Beautiful Bill Act (OBBBA) could significantly reduce your 2025 federal … [Read more...]

Stop Fraud at the Front Desk

Small businesses often rely on a few trusted employees to be the first people customers encounter — not to mention, the primary ones to collect payments and … [Read more...]

Kiara Eischens-Larson receives Online QuickBooks® ProAdvisor certification

Kiara Eischens-Larson recently received her QuickBooks® ProAdvisor Online Level I certification. She joined CDS in 2025 as a Staff Accountant. Prior to CDS, she … [Read more...]

The tax traps of personally guaranteeing a loan to your corporation

If you’re considering guaranteeing, or are asked to guarantee, a loan to your closely held corporation, it’s important to understand the potential tax … [Read more...]

5 potential tax breaks to know before moving a parent into a nursing home

Approximately 1.3 million Americans live in nursing homes, according to the National Center for Health Statistics. If you have a parent moving into one, taxes … [Read more...]

Wendy Holle earns the Not-For-Profit Certificate Levels I and II through AICPA and CIMA

Wendy Holle, CPA has earned the Not-For-Profit Certificate Levels I and II through AICPA and CIMA. Earning the Not-for-Profit Certificate I and II badges … [Read more...]

What should we include in a bereavement leave policy?

Bereavement leave typically allows employees to take time off to grieve, make arrangements, or attend services following the death of a loved one. If you offer … [Read more...]

Valerie Messner Earns CPA Designation

Valerie Messner earned her Certified Public Accountant (CPA) designation from the Minnesota State Board of Accountancy. She joined CDS in 2024 as a Staff … [Read more...]