News by MHCS

Supply Chains and Logistics

Nov 10, 2021

How can my accountant help with supply chain issues?Supply chain management involves controlling the upstream and downstream flow of materials and finances — from sourcing to manufacturing and distrib...

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Balance Sheets and Property Profitability

Nov 08, 2021

Owning a real estate business comes with a host of responsibilities, including understanding your balance sheet. A company's balance sheet reports a company's assets, its liabilities and shareholders'...

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A Fresh Look at Revenue Management for the Manufacturing Industry

Nov 05, 2021

The survey "The New World of Revenue Management," conducted by the Institute of Management Accountants and cloud enterprise resource planning (ERP) provider FinancialForce, has been making waves acros...

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Figuring Out How 1031 Exchanges Work

Nov 03, 2021

Section 1031 of the U.S. Federal Tax code once was an obscure tax break that deferred taxes on serial real estate deals and other types of investments. Today, a 1031 is a familiar term and strategy fo...

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Construction: Managing Cost Segregation

Oct 27, 2021

Cost segregation separates buildings into a set of components that may be depreciated over 5, 7 or 15 years rather than the typical 27.5- or 39-year period. By allocating each property-related cost in...

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The Building Blocks - October 2021

Oct 26, 2021

The latest edition of The Building Blocks is here! In this edition, we cover cost segregation for construction, how ASC 606 may impact your company, how 1031 exchanges can work for you, and an overvie...

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Employers Get Tax Breaks for Vaccination Leave

Oct 25, 2021

Small and midsize employers, and certain governmental employers, can claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to their employees due to COV...

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The Production Line - October 2021

Oct 21, 2021

The newest edition of The Production Line is here! In this edition, we cover factory automation grants available to Iowa manufacturers, how accounting can help supply chain and logistics, offer a fres...

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How To Ensure Your Company's Financial Statement Assertions Are Accurate

Oct 21, 2021

A company's financial managers are responsible for accurately reporting all of the organization's financial activities. They confirm this accuracy in the financial statement assertions, which are expl...

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Factory Automation Grants - How They Help Your Business

Oct 18, 2021

From the federal government to state and local governments, there are over $80 billion dollars available in free government money that manufacturers can tap into to help automate their operations. ...

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