Opportunities and Challenges: Valuation in the Age of COVID-19

Valuation and estate planning go hand in hand. After all, the tax implications of various estate planning strategies depend on the value of your assets at the … [Read more...]

Year-End Tax Planning Ideas For Your Business

As 2021 winds down, here are some ideas to consider in order to help manage your small business and prepare for filing your 2021 tax return. Identify all … [Read more...]

Social Security Announces 2022 Adjustments

165+ million people work and pay Social Security taxes each year. Average retirement benefits starting January 2022 have changed. All workers in 2022 have … [Read more...]

Tax Moves to Make Before Year-End

There are always moves you can make to reduce your taxable income. Some of these tax-saving moves, however, must be completed by December 31. Here are several … [Read more...]

Remembering our Partner and Friend, Mark Olson

Our Partner and dear friend, Mark Olson, passed away on Friday, October 15, 2021. Mark's legacy as a distinguished CPA and advisor was accompanied by his … [Read more...]

Sammy Mickelson Earns Online QuickBooks ProAdvisor Certification

Sammy Mickelson received her Online QuickBooks ProAdvisor certification. She joined CDS in 2020 in as a Staff Accountant in our Willmar office. Sammy was an … [Read more...]

Debate Continues in Congress over Proposed Tax Changes

Negotiations continue in Washington, D.C., over the future of President Biden’s agenda. Tax law changes may be ahead under two proposed laws, the Build Back … [Read more...]

4 Ways to Refine Your Cash Flow Forecasting

Run a business for any length of time and the importance of cash flow becomes abundantly clear. When payroll is due, bills are piling up and funds aren’t … [Read more...]

2-Part Podcast Series on Business Valuations

Check out our latest podcast series (Episodes 7 and 8) on Business Valuations. It will air on Thursdays, October 14th (Part 1) and October 28th (Part 2) at 4:30 … [Read more...]

EIDL Program Retooled for Still-Struggling Small Businesses

EIDL program retooled for still-struggling small businesses For many small businesses, the grand reopening is still on hold. The rapid spread of the Delta … [Read more...]