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
November 11, 2020 by Jim Rudnick
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...]
Section 179 Conformity Helps Small Business and Agriculture
October 22, 2020 by Thomas Stoeckman
Minnesota's fifth special session passed a tax and bonding bill conforming to Federal rules relating to Section 179 expensing effective for tax year 2020 and … [Read more...]
HHS announces Phase 3 CARES Act Provider Relief Funding
October 12, 2020 by Annette Benson
On October 1, the U.S. Department of Health and Human Services (HHS) announced a third phase of general distribution funds for providers in which it will … [Read more...]
SBA Releases a Streamlined Application for PPP Borrowers Under $50,000
October 12, 2020 by Annette Benson
A narrow class of PPP borrowers got some good news on Thursday, October 8. The SBA released a streamlined application — Form 3508S designed specifically for … [Read more...]
Recommendation to Wait to Apply for PPP Loan Forgiveness
September 2, 2020 by Annette Benson
Recommendation to Wait to Apply for PPP Loan Forgiveness Banks have announced they are ready to accept PPP loan forgiveness applications. However, all webinars … [Read more...]
IRS Announced Incorrect Notices Sent to Employers when Claiming FFCRA-Employee Retention Credit
August 28, 2020
On its website, the IRS has announced that it recently sent, in error, notices stating that there was a failure-to-deposit penalty applicable to Form 941, to … [Read more...]
Scan alert: Be Suspicious of QuickBooks Support Service Calls
July 17, 2020 by Heather Lehr
Always be suspicious when you receive unsolicited phone calls especially claiming to be from reputable companies such as QuickBooks or Intuit. Recently, there … [Read more...]
Proven Results for Michael R. Gardner, D.D.S.
June 23, 2020
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...]
Unemployment Fraud
June 17, 2020 by Annette Benson
Security Alert! Unemployment Fraud in Minnesota There have been unauthorized Minnesota Unemployment Insurance (MN UI) claims filed. If you or your employer … [Read more...]
