The Healthcare Hangout is Back!

The Healthcare Hangout is Back! We’ve spent the last few weeks working on bringing you more great content. New sessions have been added to the Healthcare Hangout online series which will start on September 17 and run through the end of 2020. Join us online for...

Are You Ready to Apply for PPP Loan Forgiveness?

Are You Ready to Apply for PPP Loan Forgiveness? Ever since the CARES Act was signed into law on March 26, 2020, followed by the enhancements provided by the Paycheck Protection Flexibility Act signed into law on June 5, 2020, there have been a flood of FAQs and...

COVID-19 Payroll Tax Deferral Update

On August 8, 2020, President Trump issued an executive order to defer the withholding, deposit, and payment of the tax employees pay towards Social Security starting September 1 through December 31, 2020. The order affects employees whose biweekly pay is below $4,000...

The Top Five Limitations of QuickBooks

For many small and mid-sized businesses, Intuit QuickBooks is usually the first choice for financial software in the organization’s early days – and for good reasons.  QuickBooks is well-known and very easy to use, and it offers the basic functionality that almost any...

CDH Expands Technology Solutions Practice with Acquisition

For Immediate Release CDH Acquires ADS Business Intelligence; Strengthens Its Position in the Technology Industry Itasca, IL – July 21, 2020 – Leading international accounting and consulting firm CDH, P.C. announces acquisition of cloud solutions provider, ADS...

Pandemic Effects on Accounting for AR and Inventory

The COVID-19 pandemic has had significant impact on businesses and the economy.  While the full extent and duration remains unclear, how the pandemic affects the accounting of accounts receivable and inventory needs to be considered. Collectability of Accounts...

Accounting for Forgivable Loans

Congress established the Paycheck Protection Program (PPP) to provide relief for small businesses as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES), and there have been a lot of questions and uncertainty around the program.  The AICPA has...

Improve Data Analysis for Better Business Decisions

One of the best examples of something gone terribly wrong is New Coke. In 1985 Coke decided to change the iconic formula of Coke to re-energize the brand and battle with Pepsi to take more market share. Based on taste tests of nearly 200,000 it was decided that the...

Everyone Qualifies for R&D? Or Do They?

Everyone Qualifies for R&D.  Really? That would be the best statement ever, if only it were true. I’ve been in the tax consulting business for over 15 years and have met with thousands of companies across the country, some considered to be the most innovative in...

Why Nonprofits Flock to Sage Intacct

“It’s easy, it’s powerful, it’s cost effective, and the reporting is really flexible” That’s how Don Miller, Chief Financial and Administrative Officer for Meals on Wheels, describes the financial management solution Sage Intacct. Despite that praise, however, the...