License Renewal Postcards, Online License Renewal, Komen Race for the Cure Seeks CPA Board Volunteer and more

by MICPA | May 02, 2017   ()

License Renewal Postcards, Emails Launch Renewal Season
Over the past few days, licensed and registered CPAs and firms have received notifications from the Department of Licensing and Regulatory Affairs that online license renewal for 2017 is up and running. The MICPA created this concise reporting and renewal guide to explain the process and address member questions.

The state’s license renewal deadline is July 31; however, keep in mind that CPE must be completed by June 30. Earlier this year, LARA announced that this year’s license renewal and CPE reporting would be conducted entirely online.

Prepare for Online License Renewal: Set Up or Update Your MICPA CPE Tracker Now
With the transition to 100% online CPA license renewal, the MICPA CPE Tracker is an essential part of the process. Your Tracker provides a convenient place to save continuing education certifications and information and, with a push of a button, you can file your CPE report with the state for license renewal. Log in to the MICPA website to update your Tracker, or set up a new account here.

Komen Race for the Cure Seeks CPA Board Volunteer
A wonderful community service opportunity awaits if you feel passionate about the fight against breast cancer. Susan G. Komen Greater Detroit Race for the Cure® is searching for someone to serve a two-year term on its board of directors. If this interests you, click here for complete details.

2017 ESA Statements Available
The Michigan Department of Treasury has generated 2017 Essential Services Assessment (ESA) statements that are now available to taxpayers whose Combined Document (Form 5278) information was forwarded to the Department by the local assessor. The statements may be accessed via Michigan Treasury Online (MTO). For instructions on accessing and navigating MTO and submitting electronic payments, please visit the ESA webpage.

Michigan Treasury Offers Help to Taxpayers Who Missed Tax Filing Deadline
Michigan taxpayers who missed the Tuesday, April 18, state individual income tax filing deadline have options for filing a late return, according to the Michigan Department of Treasury. READ MORE

Two Michiganders Among Top CPA Exam Performers to Win Elijah Watt Sells Award 
Two people from Michigan are among 58 winners of the 2016 Elijah Watt Sells Award announced today by the AICPA. Congratulations to:

  • Daniel Russell Bierley, a graduate of Michigan State University with a BA in Accounting and an MS in Accounting, is employed with EY in Detroit.
  • Kayla Elizabeth Gawlik, a graduate of the University of Michigan with a BA in Economics and Wake Forest University with a MS in Accountancy, is employed with KPMG, LLP in New York, NY.

The 2016 award was bestowed upon CPA candidates who obtained a cumulative average score above 95.50 across all four sections of the CPA Exam, passed all four sections on their first attempt and completed testing in 2016. READ MORE

Trump’s Tax Reform Priorities Unveiled
Last week, President Donald Trump's administration released his goals and priorities for tax reform. Key features include a large reduction in the corporate tax rate, fewer and lower tax brackets for individuals, and a repeal of the estate tax and the alternative minimum tax. Learn more in this Journal of Accountancy article, and visit MICPA Tax Reform Resources for the latest articles and videos.

YouTube: Private Firms to Collect Overdue Taxes
Know what to do if a private collection company contacts you or your client on behalf of the IRS. A new IRS YouTube video explains how to confirm that the company is legitimate.

Employee or Independent Contractor? Know the Rules
The IRS encourages all businesses and business owners to know the rules when it comes to classifying a worker as an employee or an independent contractor. READ MORE

GASB Issues Implementation Guide
The Government Accounting Standards Board recently issued Implementation Guide No. 2017-1 to provide guidance that clarifies, explains or elaborates on GASB Statements. READ MORE

Source: MICPA
Source: MICPA

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