News by MHCS
Is Cash Really King in Small Businesses?
Dec 18, 2019
Although cash may be king, there are more accounts that business owners need to look at when determining the financial status of their business. Today, Jonathan Porter discusses the importance of anal...
Learn MoreThe Latest Edition of the Tax Route Has Arrived
Dec 18, 2019
In this edition of the MHCS Tax Route learn about the best strategies for replacing equipment, Iowa tax changes, and tax planning strategies for 2019. Also, check out the most recent State Tax Alerts ...
Learn MoreTCJA for Contractors
Dec 17, 2019
The Tax Cuts & Jobs Act (TCJA) impacted all taxpayers. While many taxpayers took a hard look at the impact of the tax changes when it first came out, many may have not reviewed it since. With year-end...
Learn More2019 Year-End Tax Planning
Dec 09, 2019
Year-end tax planning in 2019 remains as complicated as ever. Notably, we are still coping with the massive changes included in the biggest tax law in decades — the Tax Cuts and Jobs Act (TCJA) of 201...
Learn MoreSpice Up Your Thanksgiving Conversations
Nov 25, 2019
Nestled in between the spooky excitement of Halloween and the ever-popular gift-giving (and receiving) Christmas holiday lies the holiday that provokes thought and reflection, Thanksgiving. Every year...
Learn MoreFraud. It’s Such A Scary Word.
Nov 18, 2019
In my career as an auditor of many small and medium-sized business, I’ve found that people generally don’t like to talk about fraud. Some people are afraid their business will be susceptible to fraud ...
Learn MoreSide Hustles and Taxes
Nov 15, 2019
According to NPR, 30% of Americans do something else for pay in addition to their full-time job. Most of the time, these are what people call side hustles. Today, Ashley Sly discusses what a #SideHust...
Learn MoreFasting
Nov 12, 2019
Have you ever fasted on purpose? Skipping lunch because you are too busy to stop and eat doesn’t count. An interesting topic to entertain heading into the holiday season, but studies have shown that f...
Learn MoreCloud Computing Guidance for Non Public Companies
Nov 07, 2019
There is a new guidance related to accounting for changes in how customers account for implementation costs related to cloud accounting. Today, Wendy Moran discusses this new guidance for non-public c...
Learn MoreUnderstanding the 2020 Form W-4
Nov 05, 2019
The Tax Cuts and Job Act (TCJA), enacted in December of 2017, brought new Federal withholding tables for employers and employees last year. The IRS was not ready to issue their revised Form W-4 then, ...
Learn More