News by MHCS
How to Read Your Form W-2
Jan 14, 2019
Have you ever looked at your W-2 when preparing your tax return and wondered why none of the boxes match what your salary is? Or were you even confused on how to read the form? Differences between you...
Learn MoreAre You Acquiring or Starting a Business?
Jan 13, 2019
Are you thinking about starting a new business or acquiring one? Our Business Advisory team helps many of our clients with a variety of decisions at this early stage to help achieve their objectives. ...
Learn More2018 Year in Review 2019 Outlook
Jan 10, 2019
As we close out 2018 and we look forward to 2019, it becomes a great time to reflect on the successes of the past year and anticipate with excitement leading the way through 2019. Personally, I’m humb...
Learn MoreBusy and Happy
Dec 26, 2018
I have a friend who posts to social media the quotes from her daily calendar. They are often inspirational and practical to everyday life. Earlier this week, she posted this quote: “Stop talking abou...
Learn MoreChanges in Filing Requirements for 1099s and W2s
Dec 20, 2018
There are changes in filing requirements for employers issuing 1099s and W2s to employees and independent contractors this year. Check out this video by Jonathan Porter, CAS Manager, as he discusses t...
Learn MoreChange in Deductibility of Employer-Paid Parking Expenses
Dec 20, 2018
As a part of 2018 tax reform, the IRS has changed the deductibility of employer-paid parking expenses for employees. In addition, the IRS has also stated these same parking expenses that would be non-...
Learn MoreImplementing Reporting Changes for Not-for-Profit Organizations
Dec 18, 2018
About a year and a half ago I wrote a blog about the significant reporting changes coming for not-for-profit organizations. At the time, it seemed almost silly to write about because the effective dat...
Learn MoreChanges in Deductibility of Employer-Paid Parking Expenses
Dec 18, 2018
As a part of 2018 tax reform, the IRS has changed the deductibility of employer-paid parking expenses for employees. In addition, the IRS has also stated these same parking expenses that would be non-...
Learn MoreWendy Moran Explains Revenue Recognition for Transportation Companies
Dec 12, 2018
In this video, Wendy Moran, CPA, Assurance Partner, gives a brief overview of the new 5-step Revenue Recognition Guidance process for transportation companies. The new guidance is required for all non...
Learn MoreTax Credits for Children and Other Dependents
Dec 10, 2018
The Tax Cuts & Jobs Act (“TCJA”) is the biggest change to the tax code since 1986 and has brought a myriad of changes that will affect every single taxpayer. One of the changes that may affect taxpaye...
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