News by MHCS
Unlocking the Secrets to Supply Chain Resilience
May 04, 2023
Supply chain resilience is a critical aspect of business success. But the recent pandemic has highlighted its importance even more. According to a McKinsey report, to thrive in a constantly changing m...
Learn MoreThe Building Blocks - May 2023
Apr 25, 2023
The latest edition of The Building Blocks is here! In this edition, we share information on the new SALT Cap workaround for Iowa pass-through entities and how the new property tax reform will impact y...
Learn MoreThe Building Blocks - April 2023
Apr 25, 2023
The newest edition of The Building Blocks is here! In this edition, we share discuss how to classify workers and CAPE indicators. Click here for the complete newsletter. If you don't currently receiv...
Learn MoreCapital Expenditures Top of Mind for Iowa Manufacturers
Apr 20, 2023
Iowa manufacturers are poised for growth in Q2 2023, according to the latest ABI Quarterly Business Survey. The survey reveals that 81% of respondents plan capital expenditures, a significant increase...
Learn MoreThe Production Line - April 2023
Apr 20, 2023
The newest edition of The Production Line is here! In this edition, we share details on capital expenditures for Iowa manufacturers, secrets to supply chain resilience, and WIP management. Click here ...
Learn MoreProject Profitability Analysis: How to Evaluate the Financial Performance of Individual Construction Projects
Apr 17, 2023
Project profitability analysis is a crucial aspect of evaluating the financial performance of individual construction projects. It helps to determine if a project is profitable or not and if it is, ho...
Learn MoreJob Costing for Manufacturing: How to Calculate and Track Costs for Each Production Run
Apr 11, 2023
Job costing is an essential element of manufacturing businesses that helps to identify the cost of production for each product or service they offer. It is a process of tracking and calculating the co...
Learn MoreProperty Accounting and Financial Reporting: Best Practices for Real Estate Professionals
Apr 06, 2023
Real estate accounting and financial reporting are critical functions that real estate professionals must master to manage their property portfolio successfully. It involves keeping accurate and detai...
Learn MoreTax Planning for Manufacturers: Maximizing Deductions and Credits
Apr 03, 2023
As a manufacturer, it is important to not only produce high-quality products but also to optimize your financial operations. One key aspect of financial planning for manufacturers is tax planning, whi...
Learn MoreIRS Warns of Aggressive Employee Retention Credit Claims
Mar 30, 2023
The Internal Revenue Service recently listed aggressive Employee Retention Credit (ERC) claims on their 2023 Dirty Dozen list of tax scams. The IRS is aware of third-party providers offering ERC servi...
Learn More