News by MHCS
Iowa Enacts Passthrough Entity Tax Election to Create Tax Savings for Business Owners
May 22, 2023
On May 11, 2023, Governor Kim Reynolds signed House File 352 creating an optional passthrough entity tax credit. The new tax law applies to partnerships and S corporations in Iowa for tax years beginn...
Learn MoreThe Production Line - May 2023
May 18, 2023
The latest edition of The Production Line is here! In this edition, we share discuss fake ERC plans and SALT cap workaround in Iowa. Click here for the complete newsletter. If you don't currently re...
Learn MoreEfficient WIP Management: Key to Optimizing Working Capital Cycle in Manufacturing
May 15, 2023
In manufacturing, work-in-process (WIP) inventory represents a significant investment and potential source of cash flow. It is the lifeblood for any manufacturing business. It is the cash that is requ...
Learn MoreHow To Classify Your Workers
May 08, 2023
When you hire someone to work for you, the worker will likely be considered either an employee or an independent contractor. Usually, you will decide whether you want to onboard an employee or simply ...
Learn MoreUnlocking the Secrets to Supply Chain Resilience
May 04, 2023
Supply chain resilience is a critical aspect of business success. But the recent pandemic has highlighted its importance even more. According to a McKinsey report, to thrive in a constantly changing m...
Learn MoreThe Building Blocks - May 2023
Apr 25, 2023
The latest edition of The Building Blocks is here! In this edition, we share information on the new SALT Cap workaround for Iowa pass-through entities and how the new property tax reform will impact y...
Learn MoreThe Building Blocks - April 2023
Apr 25, 2023
The newest edition of The Building Blocks is here! In this edition, we share discuss how to classify workers and CAPE indicators. Click here for the complete newsletter. If you don't currently receiv...
Learn MoreCapital Expenditures Top of Mind for Iowa Manufacturers
Apr 20, 2023
Iowa manufacturers are poised for growth in Q2 2023, according to the latest ABI Quarterly Business Survey. The survey reveals that 81% of respondents plan capital expenditures, a significant increase...
Learn MoreThe Production Line - April 2023
Apr 20, 2023
The newest edition of The Production Line is here! In this edition, we share details on capital expenditures for Iowa manufacturers, secrets to supply chain resilience, and WIP management. Click here ...
Learn MoreProject Profitability Analysis: How to Evaluate the Financial Performance of Individual Construction Projects
Apr 17, 2023
Project profitability analysis is a crucial aspect of evaluating the financial performance of individual construction projects. It helps to determine if a project is profitable or not and if it is, ho...
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