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...]
2023 Minnesota Tax Law Updates
June 22, 2023 by Jeff Rislov
The 2023 legislative session resulted in a number of changes to Minnesota's tax code, including some that affect previous tax years. At this time, you should … [Read more...]
Tax record retention: Your guide to keeping tax documents
June 14, 2023
Once you file your 2022 tax return, you may wonder how long you should store tax returns, statements, and supporting documents. Tax record retention periods … [Read more...]
What’s in the Fiscal Responsibility Act?
June 7, 2023 by Brett Aamot
President Biden has signed into law the new debt ceiling agreement that he reached with U.S. House of Representatives Speaker Kevin McCarthy (R-CA). The Fiscal … [Read more...]
