News & Blogs
CDH NewsGain Real Value with Step Innovation
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
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
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
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,...
Wendy Kelly Named CDH CEO and Managing Principal
Itasca, IL, October 1, 2019 – CDH announced today that its leadership team has unanimously selected Wendy Kelly as the next CEO and Managing Principal effective October 1, 2019. Kelly joined CDH in 2010 with over 20 years of public accounting experience and had most...
4 Arguments Against Outsourcing (And the Truth About Each One)
Phil Lampugnano If outsourced accounting was a perfect solution, every company would do it. That being said, a lot of companies avoid outsourcing for reasons that seem logical on the surface. When you look at what outsourcing accounting actually entails,...
Does Your Quote Include the A-Team?
Barry Coyne Universities today don’t want you to know about adjunct professors – no chance of tenure, no benefits, a race to the bottom as colleges try to mitigate teaching costs as they compete for a diminishing student population. Just like choosing the right...
CDH Announces Expansion with New Japan Office
Itasca, IL – September 5, 2019 – Leading international accounting and consulting firm CDH expands with a new office location in Nagoya, Japan. With this expansion, CDH joins the global arena with a physical presence. The opening of this office strengthens the firm’s...
Comprehensive Accounting Solutions from CDH
The hardest part of growing a business isn’t necessarily finding new clients and signing new contracts. The real obstacles come after new business appears and companies have to expand their operations to meet bigger obligations. Maintaining the same speed,...
4 Steps to Qualify for R&D Tax Credits
Many people think that R&D tax credits only apply to companies that require lab coats to be worn at the office. But the definition has evolved greatly over the years to include not only companies that manufacture and develop software, but companies in various...
How R&D Tax Credits Provide Tangible Value
The R&D tax credit can help companies generate much needed cash flow by offsetting taxes owed or paid. In many cases, the cash generated is used by companies to grow and remain competitive by funding additional research activities perhaps leading to expanded...
Upskilling: The New Buzz Word
Lauren Weber, Wall Street Journal wrote a recent article about companies failing to reskill their employees in this age of disruption. Companies can’t assume the “buy, not build” talent strategy because it’s getting more difficult to acquire the necessary skill sets...
What Happens If you Receive Inheritance from Non-residents?
Green Card Holder Manual Often a green card holder or a first generation, foreign born American receives inheritance from his/her parents. In this blog, I will give you the big picture of how this works. ESTATE OF US NONRESIDENT Deceased is a US nonresident If your...
Replacing Accountants Is More Expensive Than You Expect
In a recent post, we explored the challenges of recruiting and retaining accounting talent right now. Demand for qualified accountants is extremely high at the same time that supply is low and attitudes about company loyalty are changing. As a result, it’s almost...
The Future of Work is Multi-Disciplinary Expertise
The future of work will probably look a lot different than today, especially for the accounting field and other white collar jobs. Accounting firms today may offer tax and audit but will need to become versed in multi-disciplinary expertise like consulting or other...
EB-5 Program: A Unique Way to Obtain a Green Card
In 2016, there were approximately 10,000 people who obtained green cards through the EB-5 program. The top five countries of the number of applicants were: China 7,516 Vietnam 334 Korea 260 Taiwan 203 Brazil 150 This program may be suitable for a person who is: Able...
KI Testimonials
"We consider CDH’s Executive Focus to be a key component of our success and would recommend it to any company wishing to improve their understanding of their business and financial measures." — Nick Guerrieri, CFO/Treasurer, KI
Camcraft Testimonial
"The Executive Focus charts have been a great tool for us and are a very effective way to monitor our business. I highly recommend CDH’s services." — Mike Bertsche, CEO, Camcraft
Offsite Backups: Don’t Wait Until It’s Too Late!
In today’s world, business owners generally understand the need for backing up their company data. They know data is the lifeblood of the business and that it, therefore, must be protected, but they often don’t understand at even a high level how data gets backed up...
Is Self-Insuring Your Health Plan Something You Should Consider?
Employers have self-insured their health plans for many years, but historically self-insurance was a solution for large employers only. Unfortunately, small employers have found themselves battling large healthcare increases with little warning and minimal to no data...
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