News & Blogs
CDH NewsThe Value of Outsourcing – Turning Pain Points Into Prosperity
by Phillip Lampugnano | Feb 26, 2019 | Accounting Services, Blog
Accounting is kind of like changing the oil in your car - something that is absolutely necessary but pretty unexciting. So it’s not surprising that a recent Accounting Today survey showed that most businesses under 500 employees choose to outsource some or all...
Modernize Your Culture to Improve Business Strategy
by Frank Therrien | Mar 18, 2019 | Blog, Sage Intacct
"Culture beats strategy, so much that culture is strategy" – Seth Godin Culture defines a company - what it does, how it adds value, and how it grows a customer base. A culture that has the ability to deliver change and add value as a best practice not only...
5 Best Business Practices to Follow in 2019
by Bernie Lietz | Mar 18, 2019 | Blog, Executive Focus
I recently had a brain storming session with a long time Executive Focus client of mine that is a distributor. The topic was about how to increase sales. Our approach was to focus on the well-being of their dealers. What could be done to help their dealers become...
How to Use Technology to Streamline Back-Office Operations
by Phillip Lampugnano | Mar 18, 2019 | Accounting Services, Blog
A recent survey showed that 70% of companies are either pursuing digital transformation or planning to soon. What’s digital transformation? It’s when companies rely on integrated technologies to automate or upgrade everything they do – including accounting....
How to Respond to a Marketplace Appeal Notice
by John Jaeger | Apr 11, 2019 | Benefits Consulting, Blog
Employers often begin to receive Marketplace Appeal Notices after the Healthcare Marketplace’s open enrollment period ends. The letter notifies employers of employees who enrolled in Marketplace coverage and obtained an advanced premium tax credit for at least...
What Goes Up, Must Eventually Come Down
by Bernie Lietz | Apr 11, 2019 | Blog, Executive Focus
With 24/7 media coverage and so many choices to gather information we are not lacking for options when trying to forecast economic activity. The largest discrepancy in these forecasts is the timing of the next recession. We are in the midst of the longest running...
When You Can’t Find Talent, Outsourcing is Ideal
by Phillip Lampugnano | Apr 11, 2019 | Accounting Services, Blog
Professionals change jobs for lots of reasons – better pay, different office environment, new city, larger role etc. What’s important to note is that professionals are changing jobs more often than ever...
Outsourcing – Is it a Dirty Word?
by Phillip Lampugnano | Apr 30, 2019 | Accounting Services, Blog
The word outsourcing conjures up a lot of negative images, especially for small business owners. It suggests job cuts, loss of control, and lack of transparency. According to popular thinking, businesses that outsource...
6 Degrees of Separation
by Frank Therrien | Apr 30, 2019 | Blog, Sage Intacct
Forty five years ago Stanley Milgram mailed out parcels to one hundred people in Omaha, NE working on his “six degrees of separation”. His whimsical method gave him the theory but not the proof. That changed in 2011 when the scale of Facebook proved that he was...
5 Must-Knows for Every Green Card Holder
by Koh Fujimoto | Apr 30, 2019 | Blog, Tax Services
Every year almost half a million people obtain Green Cards (“GC”). When you become a GC holder, you have basically the same obligations that US citizens have. US tax laws are complex and hard to understand. If you are a GC holder, understanding the US tax laws...
Employee Benefits Reform Road Trip: Rewind, Press Play, Fast Forward
by John Jaeger | May 16, 2019 | Benefits Consulting, Blog
The Affordable Care Act (ACA) is the law of the land and there has been minimal “noise” regarding ACA in the recent past. However, in D.C. there remains a lot of chatter about the fate of ACA, especially with some politicians calling for Medicare for All....
Change and Innovation: Getting Out of Your Comfort Zone
by Frank Therrien | May 16, 2019 | Blog, Sage Intacct
In 1975, a researcher named Steven Sasson, working for Eastman Kodak built the first digital camera. He saw the potential for this new device and told executives it would compete with film in the next 15-20 years. Eastman Kodak then developed the first...
The Cost Advantage of Outsourcing Runs Deeper Than You Think
by Phillip Lampugnano | Aug 23, 2024 | Accounting Services, Blog
Cost savings are one of the most widely cited reasons for adopting outsourced services. And while it’s true that outsourcing can help to minimize certain budget items, it’s overall effect on financial health is much bigger than that. In the best cases,...
The Undeniable Power of Business Intelligence
by Bernie Lietz | May 30, 2019 | Blog, Executive Focus
Business Intelligence (BI) is the accumulation, analysis, reporting, budgeting & presentation of your business data. BI can help your business improve operations and your financial position. Ultimately, when used with software it can help a company with strategic...
The Paradigm Shift That Caught Us By Surprise
by Frank Therrien | May 30, 2019 | Blog, Sage Intacct
Your biggest risk isn’t failure; it’s sustained mediocrity (Wroblewski, 2017). This quote applies today more than ever as disruption is front and center for many businesses. Here are some examples of the paradigm shift, which caught most of us by surprise. Uber –...
CDH Accounting Services Provide On-Demand Expertise
by Phillip Lampugnano | Aug 26, 2024 | Accounting Services, Blog
There are two sides to accounting. On one side there are the routine processes, things like payroll that happen the same way over and over. On the other side are business opportunities that accounting enables, dynamic forces that change constantly. Most...
Your Social Security Payments Reduced!
by Koh Fujimoto | May 30, 2019 | Human Resources, Tax Services
Be aware of WEP’s impact if you receive a foreign pension Windfall Elimination Provision (WEP) is the one that will reduce your social security (“SS”) payments. When you apply for SS, you will be asked if you are currently receiving a pension from foreign...
Optimize Your Understanding With Outsourced Accounting
by Phillip Lampugnano | Jun 13, 2019 | Accounting Services
Accounting data is both a tremendous resource and a constant obstacle. It’s valuable because it reveals a company’s strengths, weaknesses, opportunities, and threats in unparalleled detail. Yet it’s challenging because analyzing huge amounts of accounting data takes...
3 Questions To Ask Yourself When Giving Up Your Green Card
by Koh Fujimoto | Jun 13, 2019 | Tax Services
Cross Border Forum- Giving Up Your Green Card Are you a covered expatriate? If you are considering giving up your green card (i.e. permanent residency status), you must know if you are in a special category called “covered expatriate.” Please see the diagram below....
6 Reasons Cloud Accounting Is Here To Stay
by Frank Therrien | Jun 13, 2019 | Blog, Sage Intacct
Brothers Chip and Dan Heath published Made to Stick: Why Some Ideas Survive and Others Die, in 2007. Their idea premise is “stickiness” and it’s core values are below Simple – find the core of any idea Unexpected – grab people's attention by surprising them...
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