News by MHCS

Grace

Sep 14, 2020

My parents used to call me Grace when I was a child. Was it my middle name? No. It was purely because I was the exact opposite of what you think of when you hear “grace” or graceful. Broken leg, stitc...

Learn More

Derecho Tax Relief

Sep 09, 2020

The IRS recently issued Notice 2020-190 announcing tax deadline relief for certain Iowans that were victims of the August 10th derecho. Individuals and businesses that reside in the Benton, Boone, Ced...

Learn More

President Trump's Payroll Tax Deferral

Sep 02, 2020

On August 8, 2020, President Trump issued a Presidential Memorandum allowing the deferment of withholding, depositing and paying the employee portion of social security taxes from wages paid September...

Learn More

Giving Back to Your Community

Sep 01, 2020

Each person has unique skills and talents that we can all offer to our communities. Volunteering our time is a great way to offer those talents to others. Not only is volunteering in your community be...

Learn More

Paycheck Check-Up

Aug 25, 2020

In this time of mobile banking, direct deposit, and contactless everything, when is the last time you (or your employees) looked at anything more than the net pay amount of your check stub or direct d...

Learn More

5 Ways to Begin Preparing for Your 2020 Tax Return

Aug 17, 2020

I will admit that I am often accused of being overprepared. Take for instance going to the pool with my two kids. There are the essentials we take along such as lifejackets, sunscreen, and towels but ...

Learn More

Unprecedented Times

Jul 27, 2020

I know – cliché, over-used, watered down, but yet so true. I’m not going to sugar coat it – the last four months have been really difficult for us all. On the personal side, my son’s senior year was c...

Learn More

Client Spotlight: Madison County Foundation for Environmental Education (MCFEE)

Jul 22, 2020

Since its inception in 1982, the Madison County Foundation for Environmental Education (MCFEE) has strived to promote environmental conservation and education throughout Madison County. MCFEE does thi...

Learn More

Not-for-Profit Reserve Spending

Jul 22, 2020

As the COVID-19 pandemic continues, an increasing number of nonprofits will face economic challenges which will require thoughtful consideration by management and boards. At this stage in the pandemic...

Learn More

PPP Loan Accounting Q&A

Jul 22, 2020

My organization has obtained a Paycheck Protection Program (PPP) loan – what can the proceeds be used for in order to be forgivable? As of June 5, 2020, the most recent guidance available, at least ...

Learn More
1 2 3 4 Next