In a significant development for businesses and workers alike, Minnesota is intensifying efforts to ensure proper classification of independent contractors. The … [Read more...]
Minnesota Tightens Regulations on Independent Contractor Classification
September 3, 2024 by Deb Ritter
Major Shift in Tip Credit Rule: What Employers Need to Know
September 3, 2024 by Sierra Stephens
On August 23, 2024, the Fifth Circuit Court of Appeals made a landmark decision by vacating the Department of Labor’s (DOL) “80/20/30” tip credit rule. This … [Read more...]
Podcast: An interview with Andrea Wimmer
September 1, 2024
Check out our latest podcast (Episode 6) on Outsourced Accounting Services featuring Andrea Wimmer. It will air on Thursdays, September 2, 16, and 30 at 4:30 pm … [Read more...]
The tax implications of disability income benefits
August 12, 2024 by Annette Benson
Many Americans receive disability income. Are you one of them, or will you soon be? If so, you may ask: Is the income taxed and if it is, how? It depends on the … [Read more...]
IRS issues final regulations on inherited IRAs
August 9, 2024 by Jeff Rislov
The IRS has finalized regulations for the "10-year rule" regarding required minimum distributions (RMDs) from inherited IRAs and defined contribution plans. … [Read more...]
Sammy Nelson Promoted
July 16, 2024
Sammy Nelson was recently promoted to Senior Accountant. She joined CDS fulltime in 2020, prior to that, she was intern for CDS. Sammy graduated from St. Cloud … [Read more...]
Ashlee Fader Promoted
July 15, 2024
Ashlee Fader was recently promoted to Senior Operations Coordinator. She joined CDS in 2012. Prior to CDS, Ashlee worked in customer service for over eight … [Read more...]
QuickBooks Programs and Pricing Updates
June 19, 2024
QuickBooks plans to stop selling several versions to new U.S. subscribers. The deadline to purchase new subscriptions of the listed products has been extended … [Read more...]
New MN Earned Sick and Safe Time (ESST) Law Changes
June 12, 2024 by Lori Reich
The earned sick and safe time (ESST) law was recently updated to clarify who qualifies for ESST, the rate at which ESST must be paid, ESST application to other … [Read more...]
Federal regulators expand overtime pay requirements, ban most noncompete agreements
June 11, 2024 by Lori Reich
The U.S. Department of Labor (DOL) has issued a new final rule regarding the salary threshold for determining whether employees are exempt from federal overtime … [Read more...]
