Businesses in certain industries employ service workers who receive tips as a large part of their compensation. These businesses include restaurants, hotels and … [Read more...]
Questions about taxes and tips? Here are some answers for employers
February 24, 2025 by Tonya Raths
Do you have an excess business loss?
February 24, 2025 by Tonya Raths
If an individual taxpayer has substantial business losses, unfavorable federal income tax rules can potentially come into play. Here’s what you need to know as … [Read more...]
Claiming the Renter’s Credit on Your Income Tax Return
February 14, 2025 by Jeff Rislov
When you file your 2024 taxes, if you are a renter, you can claim the Renter's Credit as part of your Minnesota Individual Income Tax return (Form M1). You will … [Read more...]
Lee Bowen promoted to Senior Payroll Specialist
February 13, 2025
Lee Bowen, CPP, was recently promoted to a Senior Payroll Specialist. She joined CDS in 2022. Prior to CDS, she worked in accounting for over four years and … [Read more...]
Do your salespeople come by their commissions honestly?
February 12, 2025 by Annette Benson
Preventing financial losses from occupational fraud requires your company to remain vigilant. In a nutshell: Trust employees, but routinely verify they aren’t … [Read more...]
Should we ban romantic relationships in our workplace?
February 12, 2025 by Nicholle Peterson
You’re certainly welcome to try, but the heart wants what it wants. Bans of this sort are difficult to enforce and can make employees feel like you’re … [Read more...]
Many Business Tax Limits Have Increased in 2025
February 10, 2025 by Mitchell Erickson
A variety of tax-related limits that affect businesses are indexed annually based on inflation. Many have increased for 2025, but with inflation cooling, the … [Read more...]
What should we include in an attendance policy?
February 5, 2025 by Nicholle Peterson
Generally, an attendance policy should outline your attendance expectations, the procedures your employees should follow if they’re going to be late or absent, … [Read more...]
Taming the tax tangle if you’re retiring soon
February 4, 2025 by Jeff Rislov
Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a long career. Yet the transition may bring a … [Read more...]
What is progressive discipline?
January 29, 2025 by Nicholle Peterson
HR Question of the Week Progressive discipline is a process for addressing performance or behavioral issues with corrective action. Instead of immediately … [Read more...]
