News & Blogs
CDH NewsIndispensable Tax Knowledge for Green Card Holders
by Brenden Norberg | Jul 10, 2023 | Uncategorized
Supports Cross Border Professionals and Families It is a dream come true moment when you obtain your green card. I did it over 30 years ago. I felt that I finally got my ticket to freedom. As the years pass, my appreciation for Arthur Andersen, the sponsor, and my...
Do Not Assume that Your US Life Insurance Proceeds are Tax-Free in a Foreign Country
by Brenden Norberg | Jul 20, 2023 | Uncategorized
Supports Cross Border Professionals and Families Under the IRC Section 101(a)(1), beneficiaries generally do not pay taxes to the life insurance proceeds in the U.S. When you move to a foreign country; this may not be true. I specifically talk about this in Japan....
Understanding Accidental Americans: Birthright Citizenship and Its Tax Implications
by Brenden Norberg | Jul 25, 2023 | Uncategorized
The term "accidental American" is often used to refer to individuals who have U.S. citizenship because they were born in the United States, but who have spent little or no time in the United States and may not consider themselves American. The United States follows...
Green Card Holders Tax Mistakes in Gifting Before Your Exit from the U.S.
by Brenden Norberg | Jul 31, 2023 | Uncategorized
Supports Cross Border Professionals and Families First and foremost, you must know the striking characteristics of US gift taxes. The person who makes a gift (donor) is liable for gift taxes. Many countries, such as Japan, levy taxes on the person who receives...
How to Minimize Tax Risks When Allowing Employees to Work Remotely Overseas
by Brenden Norberg | Aug 14, 2023 | Uncategorized
Supports Cross Border Professionals and Families With today’s remote work environment, I am sure many employers receive inquiries about whether their employees can work remotely overseas. I want to explain how to minimize tax risks in such a situation. The first risk...
CDH Recognized as a Top 300 Firm by Inside Public Accounting
by Brenden Norberg | Aug 15, 2023 | Uncategorized
CDH, a leading accounting and advisory firm, has once again solidified its position as an industry leader by being recognized among Inside Public Accounting's (IPA) prestigious list of the Top 300 Firms. CDH's impact extends beyond its client relationships, as the...
5 Signs Your Legacy Finance Solution May Be Hurting You
by Brenden Norberg | Aug 24, 2023 | Uncategorized
7 Reasons Why Implementing New Finance Software Is Easier Than You Think
by Brenden Norberg | Aug 24, 2023 | Uncategorized
6 Reasons Sage Intacct is a Smart Move
by Brenden Norberg | Aug 24, 2023 | Uncategorized
Expert Tips To Smooth Your Move to the Cloud
by Brenden Norberg | Aug 24, 2023 | Uncategorized
If you haven’t already moved to the cloud, you may be thinking about it. Businesses worldwide are accelerating their adoption of cloud software, with Gartner Research reporting that 85% of organizations will have a cloud-first strategy by 2025. Evidence of cloud...
What’s Your Next Best Step After Dynamics GP?
by Brenden Norberg | Aug 24, 2023 | Uncategorized
5 Things Green Card Holders Must Act on Retirement Accounts When Going Overseas
by Brenden Norberg | Sep 7, 2023 | Uncategorized
Supports Cross Border Professionals and Families Consolidate Retirement Accounts I am not recommending you to rollover your 401(k) to one IRA account. I understand many individuals have multiple 401(k)s or IRA accounts and regular investment accounts at various...
3 Choices When Permanently Returning to Your Home Country (Pros and Cons -US Tax Tips)
by Brenden Norberg | Sep 19, 2023 | Uncategorized
Supports Cross Border Professionals and Families I will explain the tax consequences when a green card holder decides to return to his home country permanently. You can consider these pros and cons when making your decision. I encourage you to consult with your tax...
US Exit Tax
by Brenden Norberg | Oct 2, 2023 | Uncategorized
Supports Cross Border Professionals and Families This article aims to give you a broad view of the US exit tax. Many UC citizens and Green Card Holders consider giving up their status and moving to other countries. The US government established a system where such...
US Exit Tax-How You Get Taxed
by Brenden Norberg | Oct 10, 2023 | Uncategorized
Supports Cross Border Professionals and Families This article summarizes three ways to get taxed under the US exit tax system. Please note that not all the covered expatriates become subject to taxation. Mark to Market You are deemed to have sold any interest in your...
CDH, P.C. Welcomes Kazuhiro “Tomi” Yoshitomi as Assurance Principal
by Brenden Norberg | Oct 12, 2023 | Uncategorized
CDH, P.C is pleased to announce Kazuhiro "Tomi" Yoshitomi as its newest Principal, Effective September 5, 2023. Tomi joins the firm's growing Assurance practice bringing more than twenty years of audit experience, with focuses on US subsidiaries of Japanese parent...
Transfer Pricing in the United States
by Brenden Norberg | Oct 19, 2023 | Uncategorized
Overview The Internal Revenue Service (IRS) governs transfer pricing regulations in the United States. The IRS has issued guidelines and regulations to ensure that multinational companies adhere to the arm's length principle and comply with the regulations outlined in...
International Estate Planning for Cross Border Families
by Brenden Norberg | Oct 23, 2023 | Uncategorized
Supports Cross Border Professionals and Families Today, you can work anywhere, and you can retire at any place in the world. Thanks to globalization and the advancement of technology, more and more people cross the boundaries of countries to have new lifestyles. For...
CDH, P.C. Welcomes Bernie Lietz as new COO
by Brenden Norberg | Oct 27, 2023 | Uncategorized
CDH, P.C. is pleased to announce and welcome back Bernie Lietz as its new Chief Operating Officer, effective October 23, 2023. Bernie was with CDH from 2005-2014 and served as both our firm administrator and COO. "We are so excited to welcome Bernie back to CDH! He...
Lorean Sneed Set To Retire After 11 Years With CDH!
by Brenden Norberg | Nov 13, 2023 | Uncategorized
Lorean Sneed will be retiring effective December 1, 2023. Lorean has been a crucial member of our team for the past 11 years. On behalf of CDH, P.C. We thank her for all her contributions and wish her nothing but the best in her new journey. Lorean joined CDH in...