Outsourcing – Is it a Dirty Word?

              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...

5 Must-Knows for Every Green Card Holder

  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...

What Goes Up, Must Eventually Come Down

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...

5 Best Business Practices to Follow in 2019

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...

New Tax Thresholds Impacting Businesses

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...

How To Get The Needle Moving for Your Business

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 Business Year, New Business Plan

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...

CDH Announces Principal and COO Promotions

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?

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....

Accounting System Pulse Check

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

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...

Are You Neglecting Your Cost of Quality?

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...

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