IRS Announces Tax Filing Season to Start on February 12

Individual Taxpayers News Alert! The Internal Revenue Service (IRS) has announced that the tax season will open on Friday, February 12, 2021, when the tax … [Read more...]

SBA Re-Opening Paycheck Protection Program Loan Portal

Business News Alert! SBA Re-Opening Paycheck Protection Program to Small Lenders on January 15 and All Lenders on January 19 The SBA in consultation with the … [Read more...]

An Overview of Employee Retention Credits

Employee Retention Credit and PPP Forgiveness Below is a summary of key provisions of the credit, comparing the original and the new law. This credit used to … [Read more...]

PPP Round 2 Update: Do you qualify?

PPP Round 2 Update Answer these questions to see if you qualify for PPP Round 2: Did your quarterly or annual gross receipts in 2020 as compared to 2019 … [Read more...]

New PPP Guidance Issued by SBA,Treasury

Late Wednesday evening, January 6, 2021, the U.S. Small Business Administration (SBA) and Treasury issued guidance for the rebooted Paycheck Protection Program … [Read more...]

EIDL Grant Update

EIDL Grant Update Last updated: 1-4-21 at 3:30 pm. If you’re a small business owner in a low-income community you could benefit from the  Economic Injury … [Read more...]

Meet Our Newest Partners!

Introducing our newest Partners!  We are pleased to announce that Justin McGraw and Kari Steinbeisser have been admitted as Partners at CDS. Managing … [Read more...]

What Should Businesses Be Doing Now?

TOPIC: Business Planning  With President Trump signing into law the Consolidated Appropriations Act, 2021 (CAA) on Sunday, December 27, the SBA has 10 days … [Read more...]

Internal Controls Surrounding P-Cards and Credit Cards

Internal Controls Surrounding P-Cards and Credit Cards Due to their inherent nature, P-cards and credit cards have a higher risk for fraud and abuse. Consider … [Read more...]

What to Watch for Within the Procurement and Purchasing Process

What to Watch for Within the Procurement & Purchasing Process Procurement It is important that processes are periodically reviewed to ensure controls are … [Read more...]