Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing businesses to … [Read more...]
Many tax limits affecting businesses have increased for 2023
June 6, 2023 by Jennifer Lownsbury
An array of tax-related limits that affect businesses are indexed annually, and due to high inflation, many have increased more than usual for 2023. Here are … [Read more...]
4 tax challenges when considering retirement
June 5, 2023 by Larry Stulen
Are you getting ready to retire? If so, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications. Here’s a … [Read more...]
Brady Krupa joins CDS
May 31, 2023
Brady Krupa recently joined CDS as a Staff Accountant. He was an intern for CDS in 2022. Brady graduated from Upper Iowa University in Fayette, Iowa with a … [Read more...]
Ways to Make Filing Faster and Easier in 2024
May 22, 2023 by Jim Rudnick
At CDS, we see firsthand the challenges businesses and individuals face at tax time. The filing process can be complex and time-consuming, and even the smallest … [Read more...]
The IRS has just announced 2024 amounts for Health Savings Accounts
May 22, 2023 by Nicholle Peterson
The IRS recently released guidance providing the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA fundamentals An HSA is a trust … [Read more...]
Social Security’s Future
May 19, 2023 by Jeff Rislov
Recent reports have raised new concerns about the impending insolvency of the Social Security program, absent congressional action. Social Security reform has … [Read more...]
Improve Next Year’s Tax Situation Now!
May 16, 2023 by Mitchell Erickson
Whether you receive a big refund or pay your taxes on tax day, taking action now can ensure next year’s tax bill is optimized by not paying a dollar more than … [Read more...]
5 Employers Found to Violate Federal Labor Laws & Regulations
May 10, 2023 by Sierra Stephens
The U.S. Department of Labor's Wage and Hour Division (WHD) recently issued news releases announcing actions taken against five companies that were investigated … [Read more...]
Be Aware: Employee Retention Credit Scams on the Rise
May 8, 2023 by Annette Benson
The IRS recently shared its 2023 “Dirty Dozen”, or its annual list of tax-related scams to be aware of this season. The first tax scam released as part of the … [Read more...]
