News by MHCS

Construction: How to Manage Your Cash Flow

Jul 08, 2022

Most owners focus on operational activities, not seeing how decisions like financing purchases and selling assets make a difference. Projecting future cash flow isn't easy, but it's even more complica...

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7 Business and License Permits for 2022

Jul 05, 2022

If your business is expanding, here are seven permit requirements to keep in mind. If you plan to expand operations into another state, you must obtain an EIN and federal tax ID number; plus, get a ...

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Construction Companies: Know Your R&D Tax Benefits

Jun 30, 2022

Of particular relevancy to construction companies is the research and development tax credit, a tax incentive program. Also known as the research and experimentation tax credit or the research tax cre...

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9 Ways To Avoid an IRS Audit

Jun 27, 2022

While you cannot fully control whether the IRS audits you come tax season, there are measures you can take in an effort to lower your chances of being audited. It all starts with hiring a reputable ta...

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You Want Your Commercial Real Estate Agents to Be More Efficient

Jun 21, 2022

When you hire a new agent, do you conduct a standard office job interview? Do they have the training necessary to put their real estate skills and knowledge to good use? If all of your new agents end ...

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The Building Blocks - June 2022

Jun 21, 2022

The June edition of The Building Blocks is here! In this edition, we provide information on internal controls, record keeping rules, using LLCs in real estate, and what to do if you suspect internal f...

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Essential Tips for Managing Your Construction Company's Inventory

Jun 16, 2022

Construction and inventory don’t always go hand in hand, but it’s important to understand your company’s cost to acquire products as your largest expense. For construction company owners who don't ut...

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THE PRODUCTION LINE - JUNE 2022

Jun 16, 2022

The newest edition of The Production Line is here! In this edition we provide information going green, undercapitalization for manufacturing companies, internal risk assessments, and artificial intell...

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What Business Owners Need To Know About Depreciation

Jun 14, 2022

Depreciation is an annual tax deduction that allows small businesses to recover the costs of certain property that decreases in value over its lifetime. It's an allowance for the wear and tear, deteri...

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The Future of Technology in Construction

Jun 10, 2022

A major hallmark of the Covid-19 pandemic is the increased use of technology. All industries and services had to consider different technologies so that their businesses could continue functioning. Th...

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