News & Blogs
CDH NewsIs Personal Data Putting Your Business at Risk
by Andrea Krueger | Aug 29, 2018 | Assurance
Does your business have any type of data privacy program? If not, it is well past time to put data privacy on the list of corporate priorities. It might help to start by clarifying exactly what is meant when we speak of data privacy. Data privacy relates to how...
The Simple Solution to Better, Faster Decisions
by Frank Therrien | Aug 29, 2018 | Sage Intacct
To be relevant today, we need to differentiate our product/service offering and be competitive to add value. We have to stay ahead of our customers, validate assumptions, and guide them to the next stage. Going to the cloud with Sage Intacct is a solid start in this...
LEADer in the Spotlight – Yoko Tamai
by cdhdev | Aug 29, 2018 | Core Values, Women LEAD at CDH
WHO: Yoko Tamai WHAT: Devoted to helping and supporting the WINGS organization since 2014 ROLES: CDH Assurance Senior, fundraiser and organizer, volunteer coordinator, CDH team leader DETAILS: Please meet Yoko Tamai who has been dedicated to helping the WINGS...
Beware of Complacency in Strong Economic Times
by Bernie Lietz | Oct 1, 2018 | Blog, Executive Focus
Unless your leadership has a disciplined program of continuous improvement in place with timely monitoring of the key performance indicators (KPI’s) and a process of corrective action when the company veers off track you will not maximize the improved profitability of...
The Secret to Going Fast: Slow Down!
by Frank Therrien | Oct 1, 2018 | Blog, Sage Intacct
Spinning your tires in a snow drift is fast tire rotation without making any progress or forward movement. In today's culture of fast food, electronic trading, texting, and video gaming many of us feel the pressure to make decisions quickly so we can move on to...
LEADer in the Spotlight – Riki R. Shah
by cdhdev | Oct 1, 2018 | Blog, Core Values, Women LEAD at CDH
WHO: Riki R. Shah WHAT: Organized and Moderated the First Ever Women in Public Accounting Panel at Loyola University -Chicago ROLES: Mentor, Coach, Creative Thinker, Difference Maker and “Taxpert” DETAILS: Riki is one of our Senior Managers in the Tax...
Are You Neglecting Your Cost of Quality?
by Bernie Lietz | Oct 30, 2018 | Blog, Executive Focus
Cost of Quality in theory has been around since the 1950’s, but I find that many of my clients do not track or have a complete understanding of this concept. COQ is often misunderstood. It is not just the price of creating a quality product or service. It is the...
Accounting System Pulse Check
by Frank Therrien | Oct 30, 2018 | Blog, Sage Intacct
How do you know when your accounting system is running well? Unfortunately, there is no standard measurement of health for an accounting system: no blood pressure, BMI, or pulse check. However, here are some points to consider this month during your month-end close...
Team CDH in the Community
by cdhdev | Oct 30, 2018 | Blog, Core Values
The weather may be getting cooler and wetter, but that is not stopping the CDH team from being active both outside, and for the community. On Sunday September 30th, some members of the CDH team participated in the Inside Out Club DuPage 5k run/walk. The weather...
States React to Precedent Setting Sales Tax Supreme Court Case
by Riki Shah | Nov 29, 2018 | Blog, Tax Services
Summary Physical presence no longer needed to have sales tax nexus in a state Sellers are advised to do nexus analysis to confirm state sales tax compliance Law could affect sellers process of collecting and remitting sales tax Detailed Analysis...
Who Will You Be Working With In 10 Years?
by Frank Therrien | Nov 29, 2018 | Sage Intacct
2029 is the year futurist Ray Kurzweil predicts machines will operate at a human level of intelligence. It's about 10 years away and whether it happens in 10 or less/more years can be debated, however, massive disruption will come to most business environments....
CDH Announces Principal and COO Promotions
by cdhdev | Jan 14, 2019 | Blog, News
CDH is pleased to announce the promotions of Riki Shah and Naoko Lech, both to Tax Principals. Riki Shah joined CDH in 2011 and specializes in individual, corporate, and pass-through income taxes. He devotes his time to both the domestic and international client base....
Amara’s Law: Are You Guilty?
by Frank Therrien | Jan 14, 2019 | Blog, Sage Intacct
Futurist Roy Amara stated, "We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run." This captures the hype when new tech is played out in the press, followed by disillusionment when it’s not perfect day one....
CDH Executive Focus Clients Shine Past Major Indices
by Bernie Lietz | Jan 14, 2019 | Executive Focus
CDH’s Executive Focus management team recently performed some analytics on our own clients. We wanted to see how they measure up against some of the major indices in terms of both sales and profit growth over an eight-year time span. The results below speak for...
5 Easy Tips to Protect Yourself from Tax Scams
by Mai Shibahara | Feb 7, 2019 | Tax Services
It’s only a few weeks into tax season, but tax scams aren’t procrastinating until April 15th (and we recommend you don’t either!). Our clients have been very helpful in sharing the scams they are...
New Business Year, New Business Plan
by Bernie Lietz | Feb 13, 2019 | Blog, Executive Focus
The turn of the year is always an interesting time to evaluate where your company needs to be in terms of the sales to break even. Of course the objective is to make a certain level of profit but you are operating blind if the starting point is not a breakeven...
How To Get The Needle Moving for Your Business
by Frank Therrien | Feb 13, 2019 | Blog, Sage Intacct
Is your business moving the needle, experimenting with new ideas/technologies or just playing it safe for another year? Many companies are tied to old practices that are comfortable, for example, a company can get better at closing the books every period, tying up...
New HMO Solution for Mid-Sized Chicago-land Employers
by John Jaeger | Feb 26, 2019 | Benefits Consulting, Blog
Consolidation in the health insurance industry over the past decade has resulted in fewer insurers, fewer choices, and higher health insurance premiums. In the Chicago market, there are only two insurance companies that offer competitively priced HMO plans. However,...
New Tax Thresholds Impacting Businesses
by Dave Yerly | Feb 26, 2019 | Blog, Tax Services
California Sales and Use Tax Requirements & The Partial Manufacturer's Exemption Beginning April 1, 2019, retailers located outside of California are required to register with the California Department of Tax and Fee Administration (CDTFA), collect the California...
Developing Advanced Insights in a Complex Environment
by Frank Therrien | Feb 26, 2019 | Blog, Sage Intacct
Never assume your brand. Recently 3G Capital/Kraft Heinz made news with a $15B write down, drop in stock price of 27% . This is another example of not keeping an ear to the market, solely focusing on cost cutting via zero based budgeting, and missing key signals in...
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