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...]

Ryan Lindgren Joins CDS

Ryan Lindgren joins CDS as a Director of IT in our Willmar office. He brings over twenty-four years of Information Technology experience to CDS. Ryan graduated … [Read more...]

Factors Impacting the Timing of PPP Forgiveness Application

Factors Impacting the Timing of PPP Forgiveness Application Forgiveness for Paycheck Protection Program (PPP) loans is a foremost topic … [Read more...]

Social Security Explained

Social Security Explained Check out the eight infographics below providing you with an overview of how Social Security benefits work. If you would like to … [Read more...]

IRS Launches New Form 1099-NEC

IRS Launches New Form 1099-NEC For years, businesses used Form 1099-MISC to report calendar-year payments exceeding $600 to individuals who performed business … [Read more...]

Retirement Account Distributions

Retirement Account Distributions In an attempt to ease the financial burden placed upon taxpayers by the COVID-19 crisis, one of the parameters of the CARES … [Read more...]

New Tax Rules for 2020

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...]