New Tax Rules for 2020 Here are several new tax laws passed this year to consider as you start planning your 2020 tax obligation. Make up to $300 of … [Read more...]
Firm Highlights (November 2020)
November 11, 2020
Check out our Firm Highlights! NEW HIRES Andrea Wimmer, CPA, recently joined CDS as a Senior Accountant in our Litchfield office. She brings both public and … [Read more...]
QuickBooks 2021 Desktop Upgrade
November 9, 2020 by Heather Lehr
Upgrade to QuickBooks 2021 Desktop for Free Did you purchase QuickBooks Desktop 2020 after July 20? If so, you can upgrade to QuickBooks Desktop 2021 at no … [Read more...]
Podcast: Business Resiliency
November 2, 2020
Check out our podcast, Life and Advice from Inside CDS about Business Resiliency. All CDS podcasts … [Read more...]
Section 179 Conformity Helps Small Business and Agriculture
October 22, 2020 by Thomas Stoeckman
Minnesota's fifth special session passed a tax and bonding bill conforming to Federal rules relating to Section 179 expensing effective for tax year 2020 and … [Read more...]
HHS announces Phase 3 CARES Act Provider Relief Funding
October 12, 2020 by Annette Benson
On October 1, the U.S. Department of Health and Human Services (HHS) announced a third phase of general distribution funds for providers in which it will … [Read more...]
SBA Clarifies Deferral Period for PPP Loan Payments in FAQ
October 12, 2020 by Rick Conway
The new guidance, found in question No. 52 in the SBA’s frequently asked questions document for the PPP, clarifies that the deferral period extension … [Read more...]
SBA Releases a Streamlined Application for PPP Borrowers Under $50,000
October 12, 2020 by Annette Benson
A narrow class of PPP borrowers got some good news on Thursday, October 8. The SBA released a streamlined application — Form 3508S designed specifically for … [Read more...]
Allyson Wittman earns QuickBooks ProAdvisor Certifications
September 17, 2020
Allyson Wittman recently received her Online and Desktop QuickBooks ProAdvisor certifications. She joined CDS in 2020 in as a Bookkeeper in our Willmar office. … [Read more...]
FFCRA New Schooling Scenarios
August 31, 2020
Wondering how the Families First Coronavirus Response Act (FFCRA) applies to new schooling scenarios? Ever since it became clear that not all schools would be … [Read more...]
