Deducting Summer Activity Expenses

The kids are out of school and summer is well underway. Make sure you understand the rules regarding the tax deductibility of summer activities and related … [Read more...]

PPP Recipients Can Apply Early for Loan Forgiveness – SBA New Interim Final Rule

On Monday night, 6-22-20 the SBA in consultation with the Treasury issued a new Interim Final Rule related to the Paycheck Protection Program (PPP), which was … [Read more...]

Proven Results for Michael R. Gardner, D.D.S.

Michael R. Gardner, D.D.S. (Dr. Gardner) has worked with CDS for the past 40 years. His dental practice team is highly trained, committed to excellence, and … [Read more...]

Government Firm Highlights (July 2020)

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...]

Unemployment Fraud

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

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

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

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

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...]

PPP Loan Forgiveness Interim Final Rule

The Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness … [Read more...]