News by MHCS
Iowa Tax Update
Jun 13, 2019
The Tax Cuts and Jobs Act brought many changes to federal tax laws for the 2018 tax year. Today, Rob Poterucha gives a tax update about the upcoming changes that will take place to better conform Iowa...
Learn MoreFinancial Statements: Information Included and How to Interpret
May 28, 2019
Last month, Brian Newton discussed the different types of financial statements that MHCS can provide. Today, he dives deeper into what is included on those statements and how to interpret the informat...
Learn MoreSpring Cleaning Your Accounting Software
May 22, 2019
“Spring Cleaning” is often used to describe how we sort through clothes or household items to keep, toss, or donate in the attempt to get organized at home. Spring can also be a great time of the year...
Learn MoreMy Pleasure
May 20, 2019
Whenever I finish ordering my spicy Chick-fil-A sandwich and waffle fries with Chick-fil-A sauce in the drive-thru line (which is perhaps too often) and thank the employee taking my order, without fai...
Learn MoreElectric Vehicle Tax Credit Update
May 15, 2019
I am looking for a new vehicle. I never really thought of an electric vehicle until I became a bit infatuated with a Tesla which, as I am sure you know, is an electric car. Being a CPA, I also knew ab...
Learn MoreWithholding: Planning for Your Tax Return
May 13, 2019
Would you rather have a large tax return in the new year, or have more money each month throughout the year and have a much smaller return or pay in a little? This is a personal question and today, Ro...
Learn MoreStop the Silence
May 06, 2019
Do you or anyone you know struggle with a mental illness? According to the National Alliance of Mental Illness Organization, one in five adults or roughly 600,000 Iowans live with some form of mental ...
Learn MoreDifferent Types of Financial Statements
Apr 25, 2019
There are many reasons why your business may need a timely and accurate set of financial statements. Today, Brian Newton gives examples of those reasons and explains the different types of financial s...
Learn MoreWhat's Your Financial Information Style?
Apr 22, 2019
Are you a person who learns by doing? Or would you rather watch someone else show you how it’s done before you give it a try? When the box says, “some assembly required,” do you locate and read the di...
Learn MoreRevenue Recognition for Not-For-Profit Entities
Apr 17, 2019
We have posted several video blogs regarding the changes to revenue recognition over the past year. I hope you have had a chance to watch these videos explaining the 5-step process and how they impact...
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