MEMBER SPOTLIGHT Brenda Parsley, CPA, joined CDS in 2016 as a Staff Accountant. She graduated from Southwest Minnesota State University in Marshall, MN with … [Read more...]
Minnesota Small Business Relief Grants
June 22, 2020
On June 16, 2020, Gov. Tim Walz signed into law the Minnesota Small Business Relief Grants Program. This program will make available $10,000 … [Read more...]
New PPP Loan Forgiveness Applications Released
June 18, 2020
The SBA released a revised loan forgiveness application for the Paycheck Protection Program (PPP). They also unveiled a new EZ application for forgiveness of … [Read more...]
Unemployment Fraud
June 17, 2020 by Annette Benson
Security Alert! Unemployment Fraud in Minnesota There have been unauthorized Minnesota Unemployment Insurance (MN UI) claims filed. If you or your employer … [Read more...]
SBA Accepting New EIDL Applications
June 16, 2020
The US Small Business Administration (SBA) has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants. … [Read more...]
SBA Issues First Guidance for PPP Flexibility Act
June 12, 2020
Highlights of SBA Interim Final Rule (IFR) Guidance President Trump signed into law the Paycheck Protection Program Flexibility Act on June 5, 2020. On … [Read more...]
Paycheck Protection Flexibility Act
June 4, 2020
On June 3, the U.S. Senate unanimously passed the Paycheck Protection Flexibility Act and on June 5, President Trump signed the Act. The flexibility provisions … [Read more...]
Payroll/HR Update: Keeping Teens Safe at Work this Summer
June 3, 2020
Keeping teens safe at work this summer Summer break is nearly here for Minnesota teens and many may be looking for employment. Before hiring teens, employers … [Read more...]
COVID-19 Firm Update
June 1, 2020
Covid-19 Firm Update CDS, CDSA, and CDS Financial Services are available for in-office appointments starting Monday, June 8. Please contact your accountant or … [Read more...]
PPP Loan Forgiveness Interim Final Rule
May 26, 2020
The Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness … [Read more...]
