Does your business receive large amounts of cash or cash equivalents? If so, you’re generally required to report these transactions to the IRS — and not just on … [Read more...]
Receive more than $10,000 in cash at your business? Here’s what you must do
August 28, 2023 by Jim Rudnick
Fresh fraud schemes for small businesses to watch for
August 28, 2023 by Annette Benson
When it comes to fraud, it may seem there’s nothing new under the sun. Unfortunately, fraud perpetrators are always finding novel ways to swindle businesses. … [Read more...]
Protecting your business while using AI
August 28, 2023 by Annette Benson
Have you ever wondered whether the photo or video you’re viewing, the audio you’re listening to or the article you’re reading is real? Artificial intelligence … [Read more...]
Things for extension filers to keep in mind
August 24, 2023 by Mitchell Erickson
Many people requested an extension to file their tax return after the usual April deadline. These filers have until October 16, 2023, to complete and file their … [Read more...]
IRS provides transitional relief for RMDs and inherited IRAs
August 24, 2023 by David Corneil
The IRS has issued new guidance providing transitional relief related to recent legislative changes to the age at which taxpayers must begin taking required … [Read more...]
How secure is your accounts receivable department?
July 18, 2023 by Annette Benson
Asset misappropriation schemes make up more than half of all occupational fraud schemes, according to the Association of Certified Fraud Examiners. It’s a broad … [Read more...]
Direct Tax Rebate Payments
July 17, 2023 by Mitchell Erickson
The Minnesota Department of Revenue will send direct tax rebate payments for tax year 2021 to eligible Minnesotans after a recent tax law update. The … [Read more...]
Caylee Christianson joins CDS
July 17, 2023
Caylee Christianson recently joined CDS as a Staff Auditor. She was an intern for CDS in 2022. Caylee graduated from University of Wisconsin - Eau Claire in Eau … [Read more...]
Minnesota Employment Law Changes
June 29, 2023 by Nicholle Peterson
Below is a list of upcoming Minnesota Employment Law Changes that will take effect starting July 1 and August 1, 2023. Future Employment laws to take … [Read more...]
Minimize fraud risk when operating abroad
June 22, 2023 by Annette Benson
Expanding operations into foreign countries can help U.S. businesses reduce labor and operating costs. It can also provide them with access to new markets and … [Read more...]
