Factors Impacting the Timing of PPP Forgiveness Application Forgiveness for Paycheck Protection Program (PPP) loans is a foremost topic … [Read more...]
Social Security Explained
November 11, 2020 by Jeff Rislov
Social Security Explained Check out the eight infographics below providing you with an overview of how Social Security benefits work. If you would like to … [Read more...]
IRS Launches New Form 1099-NEC
November 11, 2020 by Tonya Raths
IRS Launches New Form 1099-NEC For years, businesses used Form 1099-MISC to report calendar-year payments exceeding $600 to individuals who performed business … [Read more...]
Retirement Account Distributions
November 11, 2020 by Jeff Rislov
Retirement Account Distributions In an attempt to ease the financial burden placed upon taxpayers by the COVID-19 crisis, one of the parameters of the CARES … [Read more...]
New Tax Rules for 2020
November 11, 2020 by Jim Rudnick
New Tax Rules for 2020 Here are several new tax laws passed this year to consider as you start planning your 2020 tax obligation. Make up to $300 of … [Read more...]
Firm Highlights (November 2020)
November 11, 2020
Check out our Firm Highlights! NEW HIRES Andrea Wimmer, CPA, recently joined CDS as a Senior Accountant in our Litchfield office. She brings both public and … [Read more...]
QuickBooks 2021 Desktop Upgrade
November 9, 2020 by Heather Lehr
Upgrade to QuickBooks 2021 Desktop for Free Did you purchase QuickBooks Desktop 2020 after July 20? If so, you can upgrade to QuickBooks Desktop 2021 at no … [Read more...]
Podcast: Business Resiliency
November 2, 2020
Check out our podcast, Life and Advice from Inside CDS about Business Resiliency. All CDS podcasts … [Read more...]
Section 179 Conformity Helps Small Business and Agriculture
October 22, 2020 by Thomas Stoeckman
Minnesota's fifth special session passed a tax and bonding bill conforming to Federal rules relating to Section 179 expensing effective for tax year 2020 and … [Read more...]
