News by MHCS
Iowa Ruling Addresses State Apportionment for Transportation Brokerage Companies
Feb 20, 2019
The Iowa Department of Revenue issued a declaratory order on how transportation brokerage companies and other similar transportation service providers allocate revenues for state income tax apportionm...
Learn MoreHow to Implement Functional Expense Requirements?
Feb 19, 2019
There have been many questions about implementing Accounting Standards Update 2016-14 Preparation of Financial Statement of Not-for-Profit Entities (ASU 2016-14). One question that has come up is the ...
Learn MorePass Through Taxation
Feb 13, 2019
As a result of tax reform, pass-though entities will face changes with their qualified business income (QBI) deduction. This video from Nick Finkenauer, Tax Director, covers the standard deduction and...
Learn More5 Tips for an Organized Business
Feb 11, 2019
As boring as it may sound, my husband and I spend our New Year’s Eve tidying up and purging things from our home. It feels great to start a new year off fresh and organized. With a growing family, I h...
Learn MoreHow Technology Can Help Your Business Keep New Year Resolutions
Feb 08, 2019
At the beginning of a new year, individuals and businesses will often look back at the previous year and make resolutions for the upcoming year. However, many companies often have a hard time sticking...
Learn MoreThe Time is Now
Feb 05, 2019
The year 2020 sounds like a long time from now, doesn’t it? I have three young children so when I think about the future, I’m excited to think about having two of the three out of diapers by 2020! Bes...
Learn MoreChanges
Jan 29, 2019
“That’s just the way it is; things’ll never be the same.” Those words are the hook for Tupac Shakur’s famous song “Changes” that was released in 1998. His song was referencing the African-American exp...
Learn MoreNew Revenue Recognition Guidance for Real Estate Companies
Jan 28, 2019
There is new Revenue Recognition Guidance that is required for all non-public companies for years beginning after December 15, 2018. Check out this video where Wendy Moran, Assurance Partner, give...
Learn MoreNon-Profit Liquidity Disclosure
Jan 23, 2019
I have gotten a lot of questions about implementing Accounting Standards Update 2016-14 Presentation of Financial statements of Not-for-Profit Entities (ASU). One that comes up often is related to the...
Learn MoreEntity Selection Changes with TCJA
Jan 17, 2019
Entity Selection, or choosing how your business will be taxed, has changed since the passing of the Tax Cuts and Jobs Act in 2018. Check out this video by Nick Finkenauer, Tax Director, where he expla...
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