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E-News: April 24, 2018 - New Rules and Limitations for Depreciation and Expensing, Michigan Treasury Revamps Quarterly Newsletter and more

by MICPA | Apr 24, 2018   ()

New Rules and Limitations for Depreciation and Expensing
The Tax Cuts and Jobs Act changed some laws regarding depreciation deductions. For example, the new law increases the maximum deduction for a section 179 property from $500,000 to $1 million. It also increases the phase-out threshold from $2 million to $2.5 million. Read the depreciation and expensing fact sheet for more details.
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Michigan Treasury Revamps Quarterly Newsletter
Today the Michigan Department of Treasury issued the first of a redesigned quarterly newsletter with news and updates on a broad range of topics including tax policy, tax administration, local government and school financial health, economic and revenue forecasts and more. Browse the latest articles online or subscribe.
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What Travelers Need to Know About Cybersecurity
Traveling was stressful enough before you had to worry about protecting devices, systems and data from hackers. Fortunately, following these simple rules from FM Magazine can reduce your risk of your information being hacked while on the road.
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Automation in Finance: Get Your Team Ready
Emerging technologies like artificial intelligence and blockchain will radically transform how companies view and perform finance and accounting functions in the very near future. In the Journal of Accountancy online, executives from General Electric and NBCUniversal explain that preparing finance teams for a cultural shift is a critical step in successful implementation.
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PCAOB Seeks Input Into Strategic Planning
The Public Company Accounting Oversight Board seeks stakeholder perspectives on the PCAOB’s vision, priorities and opportunities in fulfilling its mission. Respond to the brief confidential survey by May 15.
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Leading Experts Discuss The Future of Accounting, May 9th
Don't miss the opportunity to attend the MICPA Members Advisory Symposium on Wednesday, May 9. Hear from leading national, state and local experts what forces are driving change for the profession including the present tax and regulatory environment, upcoming election, advancing technology and much more. Optional afternoon sessions include Michigan Specific Ethics 2018-19 Edition and The 20,000 FT Overview of the Tax Cuts and Jobs Act. 
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A Complete Listing of MICPA Highly Qualified CPE Offerings
With topics such as tax legislation, new technologies and FASB standards updates weaved into the programming, get premier learning experiences in person, via webinar or self-study options.
View  CPE Guide


Source: MICPA
Source: MICPA

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