News by MHCS
2018 Accounting Today’s Best Accounting Firms to Work for
Aug 02, 2018
WEST DES MOINES, IOWA (August 2, 2018) – McGowen, Hurst, Clark & Smith, P.C. (MHC&S) was recently named as one of the 2018 Accounting Today’s Best Accounting Firms to Work for. Accounting Today has pa...
Learn MoreConsiderations Before Using 529 Plan Assets
Jul 30, 2018
Thanks to changes made through the Tax Cuts and Jobs Act and the recent Iowa Tax Reform legislation, Iowa taxpayers may now use assets from Iowa 529 plans to pay for Unknownqualified tuition expenses ...
Learn MoreJensen joins West Des Moines Leadership Academy class of 2018-2019
Jul 25, 2018
Join us in congratulating our very own Michael Jensen who was nominated and accepted into the West Des Moines Leadership Academy program class of 2018-2019! Several associates from the firm have gradu...
Learn MoreSales and Use Tax Update
Jun 29, 2018
On June 21, the Supreme Court issued a major decision regarding sales and use tax and how states can collect these taxes in the Wayfair case. Previously, physical presence was required in a state befo...
Learn MoreIowa Tax Reform Bill Updates
Jun 26, 2018
On May 5, 2018, the Iowa Tax Reform Bill was passed by the Iowa House and Senate and Governor Kim Reynolds signed the bill into law on May 30th. This bill contains tax law changes that begin to impact...
Learn MoreBe the Change
Jun 25, 2018
An estimated 2.6 million soap bars are discarded every day from hotel rooms alone in the United States, and an estimated 1.4 million deaths can be prevented each year by handwashing with soap.’ I rec...
Learn MoreWhat Are You Withholding?
Jun 21, 2018
Have you checked your current withholdings lately? No one likes surprises when it comes to paying taxes. Typically, during your first week of employment you complete a stack of ‘new hire’ paperwork,...
Learn MoreDrive Up
May 23, 2018
I just bought a new car for business. How much of the cost can I deduct?” As a CPA, this is by far one of the most frequent questions I am asked. Unfortunately, there is no easy answer. But under the ...
Learn MoreBe a True Leader
May 16, 2018
The business world is full of individuals indicating they are leaders. There is a multitude of various leadership styles ranging from coercive; leaders which demand compliance to servant; leaders whic...
Learn More