News & Blogs
CDH NewsStates React to Precedent Setting Sales Tax Supreme Court Case
Nov 29, 2018 | Blog, Tax Services
Summary Physical presence no longer needed to have sales tax nexus in a state Sellers are advised to do nexus analysis to confirm state sales tax compliance Law could affect sellers process of collecting and remitting sales tax Detailed Analysis...
Who Will You Be Working With In 10 Years?
Nov 29, 2018 | Sage Intacct
2029 is the year futurist Ray Kurzweil predicts machines will operate at a human level of intelligence. It's about 10 years away and whether it happens in 10 or less/more years can be debated, however, massive disruption will come to most business environments....
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?
Jan 14, 2019 | Blog, Sage Intacct
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....
CDH Executive Focus Clients Shine Past Major Indices
Jan 14, 2019 | Executive Focus
CDH’s Executive Focus management team recently performed some analytics on our own clients. We wanted to see how they measure up against some of the major indices in terms of both sales and profit growth over an eight-year time span. The results below speak for...
5 Easy Tips to Protect Yourself from Tax Scams
Feb 7, 2019 | Tax Services
It’s only a few weeks into tax season, but tax scams aren’t procrastinating until April 15th (and we recommend you don’t either!). Our clients have been very helpful in sharing the scams they are...
New Business Year, New Business Plan
Feb 13, 2019 | Blog, Executive Focus
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...
How To Get The Needle Moving for Your Business
Feb 13, 2019 | Blog, Sage Intacct
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 HMO Solution for Mid-Sized Chicago-land Employers
Feb 26, 2019 | Benefits Consulting, Blog
Consolidation in the health insurance industry over the past decade has resulted in fewer insurers, fewer choices, and higher health insurance premiums. In the Chicago market, there are only two insurance companies that offer competitively priced HMO plans. However,...
New Tax Thresholds Impacting Businesses
Feb 26, 2019 | Blog, Tax Services
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...
Developing Advanced Insights in a Complex Environment
Feb 26, 2019 | Blog, Sage Intacct
Never assume your brand. Recently 3G Capital/Kraft Heinz made news with a $15B write down, drop in stock price of 27% . This is another example of not keeping an ear to the market, solely focusing on cost cutting via zero based budgeting, and missing key signals in...
The Value of Outsourcing – Turning Pain Points Into Prosperity
Feb 26, 2019 | Accounting Services, Blog
Accounting is kind of like changing the oil in your car - something that is absolutely necessary but pretty unexciting. So it’s not surprising that a recent Accounting Today survey showed that most businesses under 500 employees choose to outsource some or all...
Modernize Your Culture to Improve Business Strategy
Mar 18, 2019 | Blog, Sage Intacct
"Culture beats strategy, so much that culture is strategy" – Seth Godin Culture defines a company - what it does, how it adds value, and how it grows a customer base. A culture that has the ability to deliver change and add value as a best practice not only...
5 Best Business Practices to Follow in 2019
Mar 18, 2019 | Blog, Executive Focus
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...
How to Use Technology to Streamline Back-Office Operations
Mar 18, 2019 | Accounting Services, Blog
A recent survey showed that 70% of companies are either pursuing digital transformation or planning to soon. What’s digital transformation? It’s when companies rely on integrated technologies to automate or upgrade everything they do – including accounting....
How to Respond to a Marketplace Appeal Notice
Apr 11, 2019 | Benefits Consulting, Blog
Employers often begin to receive Marketplace Appeal Notices after the Healthcare Marketplace’s open enrollment period ends. The letter notifies employers of employees who enrolled in Marketplace coverage and obtained an advanced premium tax credit for at least...
What Goes Up, Must Eventually Come Down
Apr 11, 2019 | Blog, Executive Focus
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...
When You Can’t Find Talent, Outsourcing is Ideal
Apr 11, 2019 | Accounting Services, Blog
Professionals change jobs for lots of reasons – better pay, different office environment, new city, larger role etc. What’s important to note is that professionals are changing jobs more often than ever...
Outsourcing – 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...
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