Ellary Shipman re-joined CDS in 2025 as a Staff Accountant, after working as a seasonal Tax Accountant with the firm. Prior to joining CDS, she gained over … [Read more...]
How tariffs could increase your company’s supply chain risk
September 8, 2025 by Annette Benson
Your company’s supply chain is one of the many business functions vulnerable to fraud, particularly as foreign tariffs take effect. Dishonest employees and … [Read more...]
Run a business with your spouse? You may encounter unique tax issues
September 8, 2025 by David Corneil
Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues. The partnership issue An … [Read more...]
An Introduction of Trump Accounts under OBBBA
September 2, 2025 by Mitchell Erickson
We’re still in the early stages of learning about this new type of tax-advantaged account but here’s what we know. Starting in 2026, Trump Accounts will offer … [Read more...]
Create an IRS Online Account for Individuals
September 2, 2025 by Jeff Rislov
NOTE: You must review the IRS Online account for individuals Frequently Asked Questions if having troubles creating or accessing your online … [Read more...]
New rules could boost your R&E tax savings in 2025
September 2, 2025 by Mitchell Erickson
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) reinstated … [Read more...]
Teachers and others can deduct eligible educator expenses this year — and more next year and beyond
September 2, 2025 by Tonya Raths
At back-to-school time, much of the focus is on the students returning to the classroom — and on their parents buying them school supplies, backpacks, clothes, … [Read more...]
10 tips for cybersecurity on a shoestring
August 25, 2025 by Annette Benson
Small businesses often lack financial resources to defend against cyberthreats, but you don’t need a large IT budget. Simple, cost-effective habits can help … [Read more...]
Divorcing as a business owner? Don’t let taxes derail your settlement
August 25, 2025 by Larry Stulen
Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership interest is often one … [Read more...]
How will the changes to the SALT deduction affect your tax planning?
August 22, 2025 by Jeff Rislov
The One Big Beautiful Bill Act (OBBBA) shifts the landscape for federal income tax deductions for state and local taxes (SALT), albeit temporarily. If you have … [Read more...]
