COVID-19 Resources | News

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...

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...

PPP Flexibility Act Signed Into Law

The Paycheck Protection Program Flexibility Act was signed into law on June 5, 2020.  The Act amends the Paycheck Protection Program (PPP) to give businesses an extended period to spend the loan proceeds in addition to other more lenient conditions to qualify for...

PPP Loan Forgiveness Application Update

May 19,2020 The Small Business Administration (SBA) has released the Paycheck Protection Program Loan Forgiveness Application and Instructions. The documents released on May 15, 2020 will help small businesses seek forgiveness at the conclusion of the eight week...

2020 Best Places to Work in Illinois

May 18, 2020 CDH, P.C. was recently named as one of the 2020 Best Places to Work in Illinois. The awards program began in 2006 and is promoted by The Daily Herald Business Ledger in partnership with the Illinois Chamber of Commerce, MRA-The Management Association, the...

CARES Act: Employer Payroll Tax Deferrals

You may have filed an application for a Paycheck Protection Program (PPP) loan, but there is another option in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that you can start taking advantage of right now. It is the deferral of the employer’s portion...

Paycheck Protection Program (PPP) Revived

Pandemic relief efforts have been revived today, as the U.S. government passed a rescue package totaling $484 billion to help small businesses and hospitals, and expand COVID-19 testing. The package includes an additional $310 billion for the Paycheck Protection...

Coronavirus Tax Relief

March 18, 2020 To our clients and community, In response to the COVID-19 pandemic affecting our nation in unprecedented ways, the U.S. Treasury Department announced the IRS is postponing the April 15 income tax payment deadline by 90 days. Individual taxpayers may...

A Message To Our Community about Coronavirus

March 13, 2020 To our clients and community, At CDH, the health and safety of our team, clients, and community are always a top priority. Amid the growing concerns around COVID-19, we want to assure you that CDH is closely monitoring the situation and taking...

Wendy Kelly Named CDH CEO and Managing Principal

Itasca, IL, October 1, 2019 – CDH announced today that its leadership team has unanimously selected Wendy Kelly as the next CEO and Managing Principal effective October 1, 2019.  Kelly joined CDH in 2010 with over 20 years of public accounting experience and had most...

CDH Announces Expansion with New Japan Office

Itasca, IL – September 5, 2019 – Leading international accounting and consulting firm CDH expands with a new office location in Nagoya, Japan.  With this expansion, CDH joins the global arena with a physical presence. The opening of this office strengthens the firm’s...

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....

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