When considering the advantages of U.S. Treasury savings bonds, you may appreciate their relative safety, simplicity and government backing. However, like all … [Read more...]
The tax treatment of intangible assets
Intangible assets, such as patents, trademarks, copyrights and goodwill, play a crucial role in today’s businesses. The tax treatment of these assets can be … [Read more...]
Do We Have to Honor a Notice Period?
If an employee puts in their notice, can we let them go that day instead of keeping them for the full notice period? Generally, yes, you can let an employee go … [Read more...]
The 2024 gift tax return deadline is coming up soon
If you made significant gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2024 gift … [Read more...]
Jean Geselius
"At CDS, every day is a new adventure. As the Director of Marketing, I get to explore creative horizons, work on impactful initiatives, and thrive in a culture … [Read more...]
Mike Sagedahl
"I want to be a valuable resource to the team while delivering exceptional service to our clients." Mike's favorite motto is, "Life comes at you fast and goes … [Read more...]
Meranda Wacek
"I love being a part of a positive, kind, and flexible culture!" Meranda is always up for an adventure from white water rafting to rock climbing. … [Read more...]
Ways to manage the limit on the business interest expense deduction
Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction for most business-related interest expense. The TCJA … [Read more...]
Are we permitted to ask applicants about their immigration status?
No, you shouldn’t ask applicants about their immigration status—for example, whether they are a citizen, naturalized citizen, lawful permanent resident, or … [Read more...]
Can I itemize deductions on my tax return?
You may wonder if you can claim itemized deductions on your tax return. Perhaps you made charitable contributions and were told in the past they couldn’t be … [Read more...]