E-News: May, 22, 2018 - Help Define Tax Reform, Local Units of Government Submitting Plans to Ensure Payment of Promised Retirement Benefits, and more

by MICPA | May 22, 2018   ()

Help Define Tax Reform – 20 Questions for CPAs
As clients and businesses turn to you for guidance related to the Tax Cuts and Jobs Act, the MICPA -- powered by 18,000+ members statewide -- would like to be your primary resource for information, tools and education, as well as a voice for the accounting profession. Your input on this brief survey will help us better understand and deliver the tools and resources you need from your association.
Take the Survey

Watch This New MICPA Video
These three topics are affecting every CPA in Michigan.
Watch the Video

Travel the Distance (Light Years) With Us at MIS
Flip the switch on innovation with the MICPA at our largest and most popular educational (and fun) event of the year:  the Management Information & Business Show on June 27-28 in Novi. Attend one or both days for up to 16 hours of headlining topics. Also, network with peers, get answers from experts and (the really fun part!) connect with more than 80 key partners in the exhibit hall and win prizes. Download the MIS brochure for complete details.
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Local Units of Government Submitting Plans to Ensure Payment of Promised Retirement Benefits
More than 100 local units of government will be developing plans to ensure the retirement benefits they promised to their employees and retirees are paid in the future, according to the Michigan Department of Treasury. The corrective action plans are required within 180 days from local units with an underfunded pension plan, retirement health care plan or both as defined in the Protecting Local Government Retirement and Benefits Act.
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GASB Establishes New Implementation Guidance to Assist Stakeholders With Recent Pronouncements
The Governmental Accounting Standards Board (GASB) issued implementation guidance containing questions and answers intended to clarify, explain or elaborate on certain GASB Statements. Implementation Guide No. 2018-1 addresses new questions about application of the Board’s standards on pensions, other postemployment benefits, the statistical section, regulatory reporting and tax abatement disclosures. It also includes amendments to previously issued implementation guidance on relevant topics.
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Tax Know-How and CPA Credential Rank High for Financial Advice
Tax knowledge is considered to be the most important factor when choosing a financial advisor, according to a new survey reported in Accounting Today. The survey also found the CPA credential to be the one most associated with financial advice.
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How To Hack Networking
What if all the advice we’ve heard about networking is wrong? Watch TEDx with David Burkus to find why we hate networking and what to do about it.
Watch It 

Google Docs Tip: Send a Fax Without a Fax Machine
Have a love-hate relationship with your fax machine? The HelloFax add-on enables you to fax documents from within Google Docs. To fax a Google doc, simply open the add-on, enter the fax number, and click "Send." Add an optional cover page in less than 20 seconds. First few pages are free.

Hospice of Michigan Invites You to Barley, BBQ & Beats
MICPA members are invited to take advantage of discounted tickets to Hospice of Michigan’s Barley, BBQ & Beats event in Novi on June 9. The event will showcase barbecue from leading pit masters, hand-crafted cocktails from select Michigan distilleries and live music from hometown favorites. Be sure to use the link with this article to save $5 per person on advance ticket purchases. The MICPA is a proud supporter of HOM, including producing Financial Affairs at the End of Life to help patients and families get their financial affairs in order.
Save $5 Now

Source: MICPA
Source: MICPA

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