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3 Questions To Ask Yourself When Giving Up Your Green Card

Posted: August 19, 2019 - Tax Planning & Tips

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. Please note that the rules apply to those who have held Read More

Optimize Your Understanding With Outsourced Accounting

Posted: August 19, 2019 - Finance & Accounting

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 experience, expertise, and lots of input. The result is that many companies want to do more with their Read More

Your Social Security Payments Reduced!

Posted: August 19, 2019 - Blog

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 country. If you truthfully say yes, you will be asked Read More

CDH Accounting Services Provide On-Demand Expertise

Posted: August 19, 2019 - Blog, Finance & Accounting

  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 companies learn how to put their average accounting processes on autopilot, often by Read More

The Paradigm Shift That Caught Us By Surprise

Posted: August 19, 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 – largest taxi company, owns no vehicles Facebook – most popular media owner, Read More

The Undeniable Power of Business Intelligence

Posted: August 19, 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 and tactical business decisions.  BI doesn’t give you the answers to a problem, it is descriptive type of analysis. This Read More

The Cost Advantage of Outsourcing Runs Deeper Than You Think

Posted: August 19, 2019 - Blog, Finance & Accounting

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, outsourcing helps companies save money now, drive revenue later, and build a competitive Read More

Change and Innovation: Getting Out of Your Comfort Zone

Posted: August 19, 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 commercially viable digital camera in 1989 but executives never got behind Read More

5 Must-Knows for Every Green Card Holder

Posted: August 19, 2019 - Blog, Tax Planning & Tips

  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 is a big challenge. Therefore, I will Read More