Sydney Rouser recently joined CDS as a Payroll Specialist in our Willmar office. Prior to CDS, she worked in bookkeeping, payroll, and client service for over … [Read more...]
Small business alert: Watch out for the 100% penalty
April 7, 2025 by Jeff Rislov
Some tax sins are much worse than others. An example is failing to pay over federal income and employment taxes that have been withheld from employees’ … [Read more...]
Keeping password “spraying” from compromising your network
April 2, 2025 by Annette Benson
Cybercriminals are always looking for novel ways to gain unauthorized access to online accounts and IT networks. Password “spraying” is a newer scheme you and … [Read more...]
6 essential tips for small business payroll tax compliance
April 2, 2025 by Tonya Raths
Staying compliant with payroll tax laws is crucial for small businesses. Mistakes can lead to fines, strained employee relationships and even legal … [Read more...]
Are you a tax-favored real estate professional?
April 2, 2025 by Mitch Gwost
For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). An individual taxpayer can generally … [Read more...]
Discover if you qualify for “head of household” tax filing status
April 1, 2025 by Mitchell Erickson
When we prepare your tax return, we’ll check one of the following filing statuses: single, married filing jointly, married filing separately, head of household … [Read more...]
Planning for the future: 5 business succession options and their tax implications
March 17, 2025 by Nate Gwost
When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next generation of leaders or owners. … [Read more...]
Riding the tax break train: Maximizing employee transportation fringe benefits
March 11, 2025 by Jeff Rislov
There are some nice tax breaks for transportation-related employee fringe benefits. If your employer offers these tax-favored fringes, you should probably take … [Read more...]
Savings bonds and taxes: What you need to know
March 6, 2025 by Thomas Stoeckman
When considering the advantages of U.S. Treasury savings bonds, you may appreciate their relative safety, simplicity and government backing. However, like all … [Read more...]
