Deducting Summer Activity Expenses

The kids are out of school and summer is well underway. Make sure you understand the rules regarding the tax deductibility of summer activities and related … [Read more...]

Above-the-Line Charitable Contribution

Above-the-Line Charitable Contribution The CARES Act authorizes an eligible individual to take a qualified charitable contribution deduction of up to $300 … [Read more...]

Small Business Owners Get Good News on PPP Loan Forgiveness

Small business owners, self-employed workers and freelancers received some welcome news when Congress recently passed the Paycheck Protection Flexibility Act. … [Read more...]

Firm Highlights (June 2020)

Check out our Firm Highlights! NEW HIRES Bill Fenske, CMA, FHFMA, FACHE, recently joined CDS as a Director of Business Advisory Services in our Willmar … [Read more...]

PPP Recipients Can Apply Early for Loan Forgiveness – SBA New Interim Final Rule

On Monday night, 6-22-20 the SBA in consultation with the Treasury issued a new Interim Final Rule related to the Paycheck Protection Program (PPP), which was … [Read more...]

Proven Results for Michael R. Gardner, D.D.S.

Michael R. Gardner, D.D.S. (Dr. Gardner) has worked with CDS for the past 40 years. His dental practice team is highly trained, committed to excellence, and … [Read more...]

Government Firm Highlights (July 2020)

MEMBER SPOTLIGHT Brenda Parsley, CPA, joined CDS in 2016 as a Staff Accountant. She graduated from Southwest Minnesota State University in Marshall, MN with … [Read more...]

Minnesota Small Business Relief Grants

On June 16, 2020, Gov. Tim Walz signed into law the Minnesota Small Business Relief Grants Program. This program will make available $10,000 … [Read more...]

New PPP Loan Forgiveness Applications Released

The SBA released a revised loan forgiveness application for the Paycheck Protection Program (PPP). They also unveiled a new EZ application for forgiveness of … [Read more...]

Unemployment Fraud

Security Alert! Unemployment Fraud in Minnesota There have been unauthorized Minnesota Unemployment Insurance (MN UI) claims filed. If you or your employer … [Read more...]