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Construction: Managing Cost Segregation

Cost segregation can help boost cash flow and decrease tax liability, but the rules and processes are complex. However, the effort may be worth it. Click through to see how this can benefit large-scale property developers.

Applying ASC 606 in Construction

The Financial Accounting Standard Board's ASC 606 addresses a range of issues related to revenue recognition, and it has particular relevance to the construction industry. Click through for a brief introduction to help you understand how ASC 606 may affect your company.

Figuring Out How 1031 Exchanges Work

Section 1031 is one of the most useful provisions of the tax code, but it's also one of the most misunderstood. Click through for an introduction to how 1031 exchanges work, and how they can help you.

Balance Sheets and Property Profitability

Well-formatted balance sheets can let property owners know early on whether their property is more or less profitable than they anticipated. The key is knowing how all the parts fit together. Click through to learn how to get a handle on your finances.

MHCS Construction/Real Estate
1601 West Lakes Parkway, Suite 300
West Des Moines, IA 50266
Phone: 515-288-3279
Fax: 515-280-1490
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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