To help you make sure you don’t miss any important 2023 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are … [Read more...]
GASB Statement No. 96 – SBITA
January 9, 2023 by Marisa Austin
What are Subscription-based IT Arrangements? Subscription-based information technology arrangements (SBITA) is a contract that conveys control of the right to … [Read more...]
Common Conflicts of Interest and How to Prevent Them
January 9, 2023 by Kari Steinbeisser
What is a Conflict of Interest? A Conflict of Interest occurs when a public officer who is authorized to take part in any manner making any sale, lease, or … [Read more...]
Our Newest CDS Partner
December 30, 2022
Stacey Seviola, CPA has been admitted as Partner at CDS effective January 1, 2023. Stacey Seviola, CPA has been a Manager at CDS since 2016. She joined … [Read more...]
SECURE 2.0 Act
December 29, 2022 by Larry Stulen
On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two important new … [Read more...]
Podcast: Tax Insights for the 2023 Filing Season
December 21, 2022
Check out our latest podcast (Episode 20) on Tax Insights for individuals and businesses for the 2023 filing season hosted by Manager, Thomas Stoeckman, CPA. … [Read more...]
2023 Q1 tax calendar: Key deadlines for businesses and other employers
December 19, 2022 by Brett Aamot
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep in mind that this list isn’t … [Read more...]
Choosing a business entity? Here are the pros and cons of a C corporation
December 5, 2022 by Jennifer Lownsbury
If you’re launching a new business venture, you’re probably wondering which form of business is most suitable. Here is a summary of the major advantages and … [Read more...]
Becky Lang joins CDS
November 28, 2022
Becky Lang recently joined CDS as a Staff Auditor in our Willmar offce. Prior to CDS, she worked in private accounting for 12 years and public accounting for 7 … [Read more...]
Inflation Spikes Social Security for 2023
November 14, 2022 by Lori Reich
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for 2023 (up from $147,000 … [Read more...]
