News by MHCS

Paid Sick Leave Update

Apr 07, 2021

On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (“Rescue Plan”). The Rescue Plan provided funding and changed tax policies to mitigate the continuing effects of...

Paid Sick Leave

Apr 06, 2021

There are many different relief options that employers can utilize to ensure that their employees receive compensation while dealing with COVID-19, one of which is paid sick leave. This can be used by...

Individual Tax Due Date Changes & American Rescue Plan Update

Mar 19, 2021

On Wednesday, the Treasury Department and Internal Revenue Service moved the tax year 2020 individual income tax filing date from April 15, 2021 to May 17, 2021. This change is automatic and requires ...

American Rescue Plan Act of 2021 for Individuals

Mar 19, 2021

Below is a summary of the American Rescue Plan Act of 2021 (H.R. 1319) for individuals. The bill was signed into law on 3/11/2021. Special information that may impact individuals who received unemp...

American Rescue Plan Act of 2021 for Businesses

Mar 19, 2021

Below is a summary of the American Rescue Plan Act of 2021 (H.R. 1319) for businesses. The bill was signed into law on 3/11/2021. Grants for restaurants and other food businesses (Restaurant Revita...

CLIENT SPOTLIGHT: DES MOINES CHRISTIAN SCHOOL

Mar 12, 2021

Des Moines Christian School (DMCS) has a rich history in education. With over 75 years of experience and nearly 1200 students currently enrolled, they actively educate and prepare the next generation ...

Protecting Your Not-For-Profit from Cybersecurity Risks

Mar 11, 2021

In today’s technology-dependent world, it is hard to go more than a few days without hearing about a cybersecurity breach or how to protect yourself. According to a study from the University of Maryla...

Recurring Accounting Services

Mar 11, 2021

• Tags:
• not-for-profit

Not-for-profit organizations all have one thing in common; a mission to serve and support a need in the community. This mission not only impacts the world around you but the people inside your organiz...

Deadline Approaching: Paycheck Protection Program Loans Expanded to Include Trade Associations

Mar 11, 2021

• Tags:
• not-for-profit

The 2021 Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act signed into law on December 27, 2020 expanded the terms of the Paycheck Protection Program (PPP) to include organizations...

Changes, Changes, and More Changes!

Feb 11, 2021

2020 was certainly a year for changes in all areas of our life. As we start into 2021 and prepare to get our tax returns filed, there are several changes to the tax rules that you may need to know. On...