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Hello MHCS - Your Latest Construction and Real Estate Articles Are Here!
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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.
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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.
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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.
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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.
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| MHCS
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| 1601 West Lakes Parkway, Suite 300
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| West Des Moines, IA 50266
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| Phone: 515-288-3279
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| 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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