News & Blogs
CDH NewsOutsourcing – Is it a Dirty Word?
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
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
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
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
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
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
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
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
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!
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
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
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
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...
3 Fundamental Benefits of Configuration Modeling in Cloud Accounting
Jun 27, 2019 | Blog, Sage Intacct
Plug and Play is a capability developed by Microsoft for its operating systems first developed in the 90’s. It gives users the ability to plug a device into a computer and have the computer recognize that the device is there….the user doesn’t have to tell the computer...
Illinois Expands the Manufacturer’s Exemption
Jun 28, 2019 | Blog, Tax Services
According to an article found on CCH IntelliConnect Tracker News, supplies and consumables used in manufacturing are exempt from Illinois sales and use tax beginning July 1, 2019. Recent tax legislation expands the manufacturing exemption to once again include...
Fraud Prevention – The Surprising Benefit of Outsourced Accounting
Jun 28, 2019 | Accounting Services, Blog
Accounting fraud is a bigger problem than most people realize. According to a report from The Association of Certified Fraud Examiners, American businesses lost 5% of revenue to fraud in 2018. More alarmingly, private companies and small businesses were the most...
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