Inflation Enhances the 2023 Amounts for Health Savings Accounts

The IRS recently released guidance providing the 2023 inflation-adjusted amounts for Health Savings Accounts (HSAs). High inflation rates will result in next … [Read more...]

Podcast: Forecasting

Check out our latest podcast (Episode 14) on Forecasting featuring Bill Fenske, CPA, CMA, CVA as he interviews Nate Gwost, CPA and Senior Accountant. The … [Read more...]

Why you should keep good records of major home improvements

When you sell a principal residence that has appreciated in value, you generally can exclude $250,000 ($500,000 for married couples) of the gain from tax. But … [Read more...]

Understanding the terms of health care directives

Estate planning experts usually cite the need to include advance health care directives in a comprehensive estate plan. But there may be different legal names … [Read more...]

Sierra Stephens Promoted

Sierra Stephens was recently promoted to Senior Payroll Specialist at CDS. Sierra joined CDS in 2017. Prior to CDS, she worked in client service for over eleven … [Read more...]

Becky Zimmer Promoted

Becky Zimmer was recently promoted to Senior Payroll Systems Coordinator at CDS. Becky joined CDS in 2014. She brought four years of business experience to CDS. … [Read more...]

Tax considerations when adding a new partner at your business

Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are planning to admit a new partner. The new … [Read more...]

Tax issues to assess when converting from a C corporation to an S corporation

Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S corporations may provide tax … [Read more...]

Karina DeJong joins CDS

Karina DeJong recently joined CDS as the Marketing Coordinator. She brings over seven years of marketing experience to CDS and is the owner and founder of … [Read more...]

AI for small to midsize businesses isn’t going away

Artificial intelligence (AI) has made great inroads into certain sectors of the U.S. economy. However, it hasn’t reached many small to midsize businesses (SMBs) … [Read more...]