News by MHCS

How Continuous Improvement Impacts Manufacturing

Mar 23, 2023

Continuous improvement is a management philosophy (also known as the Kaizen Method) that aims to optimize processes, systems, and products through small, incremental changes over time. This approach ...

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What’s Keeping Contractors Up At Night?

Mar 20, 2023

According to Associated General Contractors (AGC) of America’s 2023 Construction Outlook National Survey, supply chain snarls and hiring difficulties still top the list of what’s keeping you up at nig...

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The Production Line - March 2023

Mar 16, 2023

The latest edition of The Production Line has arrived! In this edition, we share details on job costing for manufacturers, tax planning to maximize deductions and credits, and filing schedules K-2 and...

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Iowa Manufacturers Focus on Eco-Friendly Goals

Mar 14, 2023

If you are in the Iowa manufacturing industry, you might have been hearing about its newest focus on eco-friendly efforts. In this fall 2022 Iowa Manufacturing article, it states that “Making a cons...

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The Secret to Increasing A Cost Segregation Study Tax-Saving Strategy

Mar 09, 2023

If a cost segregation study is part of your tax planning strategy, adding an energy evaluation will provide the secret ingredient you need to maximize its cost savings impact. These two strategies go ...

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8 Manufacturing Accounting Tips That Benefit Your Company

Mar 06, 2023

Poor record keeping can have negative consequences in a manufacturing company. There can be delays in production, lesser profits, and dissatisfied customers. Here are eight accounting tips to boost pr...

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Budgeting Tips for Your Business

Mar 02, 2023

A good annual budget should be able to keep your business from running the risk of spending more money than it earns throughout the year. If you don't have a clear budget, even if you've been running ...

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Product as a Service a 2023 Trend

Feb 27, 2023

Product as a Service, or PaaS, is having a moment in manufacturing—one that’s been brewing for quite some time. In the past, customers purchased equipment. Once the sales process was finalized and i...

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Tax Deductions for Real Estate Agents and Brokers

Feb 24, 2023

As a real estate agent or broker, under federal guidelines, you are considered a self-employed sole proprietor, even if you're an agent or broker working for a real estate brokerage firm. That status ...

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Iowa Manufacturers Target Innovation and Technology

Feb 21, 2023

A majority of Iowa manufacturers expect to make capital expenditures in the first quarter of 2023, according to the latest quarterly business survey by the Iowa Association of Business and Industry (A...

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