News by MHCS

Keep More of What You Earn

Oct 09, 2018

It has become normal to live paycheck to paycheck with monthly debt payments consuming a greater share of your take-home pay. Debt payments have become a part of our lives whether it’s for a home, veh...

The Tax Route - October 2018

Oct 08, 2018

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Wendy Moran Explains Step 3 of the New Revenue Recognition Guidance

Oct 08, 2018

Wendy Moran, CPA, Assurance partner continues her #RevRec series for the new Revenue Recognition Guidance that is required for all non-public companies for years beginning after December 15, 2018. In ...

How Effective is Your Not-For-Profit Board of Directors?

Oct 02, 2018

Is your not-for-profit board effective? Many would answer that question no. I get to sit on both sides of the table as I serve as treasurer for a board and also work with many boards in my role as ext...

Wendy Moran Discusses Step 2 of the New Revenue Recognition Guidance

Oct 01, 2018

Our #RevRec series with Wendy Moran, CPA, Assurance Partner continues with a discussion of the second step of the new Revenue Recognition Guidance that is required for all non-public companies for yea...

You're Invited to Our 2018 Tax Reform Seminar!

Sep 28, 2018

To RSVP for the Tax Seminar, please call us at (515) 233-3279 or email us at info@mhcscpa.com. Lunch is provided with your RSVP. Space is limited. We look forward to seeing you on Tuesday, November 1...

Wendy Moran Discusses Step 1 of the New Revenue Recognition Guidance

Sep 27, 2018

In our first video of the #RevRec series, Wendy Moran, CPA, Assurance Partner gave an overview of the new Revenue Recognition Guidance that is required for all non-public companies for years beginning...

New Revenue Recognition Guidance Overview

Sep 10, 2018

There is new Revenue Recognition Guidance that is effective for all non-public companies for years beginning after December 15, 2018. The new guidance requires significant changes in financial reporti...

McGowen, Hurst, Clark & Smith, P.C. Promotes Wendy Moran to Partner

Sep 05, 2018

WEST DES MOINES, IOWA (September) – McGowen, Hurst, Clark & Smith, P.C. (MHC&S), a certified public accounting and professional services firm, recently announced the promotion of Wendy Moran, CPA from...

Tax Reform Update: Proposed Regulation Released on Qualified Business Income Deduction

Aug 15, 2018

On August 8, the IRS released proposed regulations around the Qualified Business Income Deduction (“QBID”) which allows certain taxpayers to claim a 20% deduction on their qualified business income (“...