Employee Retention Credit for Employers

IRS website - Employee Retention Credit for Employers Subject to Closure Due to COVID-19 Crisis On its website, the IRS has provided guidance for taxpayers … [Read more...]

FFCRA: New Rules and Guidance from the DOL and IRS

FFCRA: New Rules and Guidance from the DOL and IRS New FFCRA Guidance in Temporary Rule and FAQs The DOL has released rules related to administration of … [Read more...]

PODCAST: CARES Act Funding/Relief Opportunities for Businesses

Check out our podcast, Life and Advice from Inside CDS. This episode is hosted by Bill Fenske with his guest  partner Annette Benson, CPA and CFE. On April 3, … [Read more...]

CARES Act Provides COVID-19 Pandemic Relief to Individuals

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on Friday, March 27 by the president. It represents the third phase of … [Read more...]

CARES Act Provides COVID-19 Pandemic Relief to Businesses

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on Friday, March 27 by the president. It represents the third phase of … [Read more...]

The Coronavirus Aid, Relief and Economic Security (CARES Act)

This information was last updated on 3-30-2020 at 6 pm. The president signed into law on Friday, March 27, 2020 an estimated $2.2 trillion emergency relief … [Read more...]

CARES Act – Special Rules for Retirement Accounts

Section 2202. Tax Favored Withdrawals from Retirement Plans The Coronavirus Aid, Relief, and Economic Security (CARES) Act allows participants to receive up to … [Read more...]

Relief for Minnesotans – Covid-19 Relief Bill

This article was last updated on 3-27-20 at 8 am. Governor Walz signed into law the Minnesota Covid-19 Relief Bill on March 27, 2020. The bill addresses … [Read more...]

COVID-19: Firm Update

This article was updated 3-27-20 at 10 am. Stay At Home Order for the State of Minnesota On Wednesday, March 25, 2020, Governor Walz issued a Stay At Home … [Read more...]

Can Employers Reduce Pay Because of Economic Slowdown Due to COVID-19?

Article last updated on 3-25-2020 at 5 pm. Can employers reduce pay because of economic slowdown due to COVID-19? Employers can reduce an employee's rate of … [Read more...]