Riley Cronen Earns CPA Designation

Riley Cronen recently earned his Certified Public Accountant (CPA) designation from the Minnesota State Board of Accountancy. He joined CDS in 2022 as a Staff … [Read more...]

How secure is your accounts receivable department?

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

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

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

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

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

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

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?

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...]

Traveling for business this summer? Here’s what you can deduct

If you and your employees are traveling for business this summer, there are a number of considerations to keep in mind. Under tax law, in order to claim … [Read more...]