News & Blogs
CDH NewsPaycheck Protection Program (PPP) Revived
Apr 24, 2020 | COVID-19 Resources, News
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...
Paycheck Protection Program (PPP) Initial Funding Depleted
Apr 17, 2020 | COVID-19 Resources, News
The U.S. Small Business Administration (SBA) announced on Thursday morning the Paycheck Protection Program (PPP) funds of $349 billion have been depleted. More than 1.6 million applications had been approved in just under 2 weeks. Thousands of business owners must now...
Your Year-End Financials: Overcoming Information Deficits in 2020 (Part 2)
Mar 30, 2020 | Accounting Services
Your Year-End Financials: Overcoming Information Deficits in 2020 This is the second article in a two-part series focused on the year-end close process. Businesses are examining their 2019 numbers and making plans for 2020. In the first part of this series, we...
Coronavirus Update: Answers to the 5 Most Common HR Related Questions
Mar 30, 2020 | COVID-19 Resources, Human Resources, News
Small business community members are more alike than different when it comes to our desire to take care of each other during this time of uncertainty. As leaders of small businesses try to navigate their way through Governors’ Executive Orders, sweeping stimulus...
Coronavirus Update – Upcoming Office Closures
Mar 20, 2020 | COVID-19 Resources, News
March 20, 2020 To our clients and community, I want to provide an update on our evolving response to the coronavirus outbreak. Please be assured that CDH is taking all necessary precautions to ensure the use of best practices for minimizing the risks for our team,...
Coronavirus Tax Relief
Mar 19, 2020 | COVID-19 Resources, News
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
Mar 13, 2020 | COVID-19 Resources, News
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...
Is Your Business Approaching a Tipping Point?
Feb 27, 2020 | Sage Intacct
In the late 70’s Tandy/Radio Shack, Texas Instruments and Apple had the beginnings of a personal computer. Most were used for gaming and personal empowerment but most business people didn’t see the value add. It was a toy for hobbyists, hackers, and nerds. The tipping...
Your Year-End Financials: Managing Overhead Costs in 2020
Feb 27, 2020 | Accounting Services
This is the first in a two-part series focused entirely on the year-end close process. Businesses are looking back over the past year to decide how to proceed throughout the current. Making these decisions isn’t easy and the consequences run deep, which is why it’s so...
Texas Comptroller Adopts New Economic Nexus Standard for Texas Franchise Tax
Jan 30, 2020 | Tax Services
Background Texas is now the fourth jurisdiction to have changed its corporate income/franchise tax law in response to Wayfair joining Hawaii, Pennsylvania, and the City of Philadelphia. This new amendment comes as a response to the U.S. Supreme Court’s decision in...
The One Asset All Growing Companies Need – Financial Leadership
Jan 28, 2020 | Accounting Services
Vision, drive, ambition, innovation. These are the qualities usually attributed to small businesses that grow into big successes. The truth, however, is a lot more mundane: Most companies sustain growth through sound financial leadership. Growth requires two things....
Going Against the Grain
Jan 28, 2020 | Sage Intacct
Joe Ricketts built Ameritrade which merged with Toronto-Dominion and is now TD Ameritrade. Back in the 80’s he was frustrated with the clunky PC’s and floppy disks that customers had to install on their own to process stock orders. So he did something different –...
The Easy Way to Work in Multiple Currencies
Nov 25, 2019 | Accounting Services
Working with multiple currencies is almost as difficult as working with multiple languages. International companies end up investing a significant amount of time, staff, and resources to manage the extra obligations involved with currency exchanges. Worse, if their...
Has Your Business Outgrown Narrow AI?
Nov 25, 2019 | Sage Intacct
Narrow AI works fine for chess or the game of Go because there are a defined set of rules to follow and multiple game scenarios that can be run to fine tune the best strategies/outcome. The rub comes with general AI where the rules are not so defined. For example, why...
Navigating the R&D Tax Credit: Internal Use Software
Nov 25, 2019 | Benefits Consulting
Internal Use Software (IUS) includes software applications, operating systems and related resources used to run a business and serve customers. Many small, midsized and even larger U.S. companies currently do not take advantage of Federal & State tax credits...
The Pros and Cons of Unlimited Paid Time Off (PTO)
Oct 30, 2019 | Benefits Consulting
Many companies have transitioned to using a single bucket of paid time off (PTO) instead of breaking time off into vacation, sick and personal days. Going beyond this, some companies have enacted unlimited or flexible PTO. Upon hearing of this type of arrangement you...
Gain Real Value with Step Innovation
Oct 30, 2019 | Sage Intacct
Most people think of innovation as a ground breaking, disrupting event but in reality there are different types of innovation. Making something better does not require a clean-sheet approach to create – take your current baseline and innovate in steps to get value add...
It’s a Small World With Sage Intacct
Oct 30, 2019 | Accounting Services
Every business that has ever attempted to operate internationally has encountered the same obstacle – the world is a huge place. Having headquarters in one location and offices spread around the globe makes it incredibly difficult to manage everything cohesively. All...
Relief for Private Companies on Effective Date for ASC842: Accounting for Leases
Oct 30, 2019 | Assurance
With most companies still preparing for the implementation of the new revenue recognition standards (ASC 606), a request was made to the Financial Accounting Standards Board (“FASB”) to delay the effective date of the new lease standards (ASC 842). In July 2019, a...
CDH, P.C. Welcomes Patrick Brennan as Assurance Principal
Oct 13, 2020 | Assurance, News
CDH, P.C. is pleased to announce Patrick Brennan as its newest Principal, effective October 12, 2020. Patrick joins the firm’s growing Assurance practice bringing more than 25 years of public accounting and private industry experience in accounting including audit,...