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The Realities of Organizing a Functional Remote Team

Recent surveys reveal that most employees would leave their job if asked to return to fulltime, in-person operations. As companies begin to consider permanent remote roles for some, the need for better organization, security and collaboration makes itself apparent. The MICPA takes a closer look at what makes a remote team functional and how firms can begin to realign their current work-from-home arrangements to match.

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Pre-qualification for Statewide Financial Accounting

Did you know that your firm must be prequalified to submit a contract with the State of Michigan for accounting or auditing services?

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IRS improves services to taxpayers with digital authorizations and launch of new Tax Pro Account

WASHINGTON — The Internal Revenue Service today launched a new feature that will give taxpayers digital control over who can represent them or view their tax records, a groundbreaking step in the agency's expansion of electronic options for taxpayers and tax professionals.

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GASB Proposes Omnibus Statement Addressing Wide Range of Practice Issues

The Governmental Accounting Standards Board (GASB) has proposed guidance addressing various accounting and financial reporting issues identified during the implementation and application of certain GASB pronouncements or during the due process on other pronouncements.

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Data Security Button-Up

Following some of the most widespread and expensive ransomware attacks, the topic of cybersecurity is hotter than ever among boards of directors and executives. While these discussions among BODs are not necessarily new, experts say productive conversations depend on asking the right questions and working closely with executives to effect actionable results.

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Fostering Futures Scholarship Application Deadline Now Aug.1

Young adults who have experienced foster care on or after their 13th birthday now have more time to apply for a scholarship from the Fostering Futures Scholarship Trust Fund, according to the Michigan Department of Treasury.

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IRS Seeks Criminal Investigators

Several opportunities are available for Michigan CPAs to become special agents with the IRS. As a criminal investigator (CI) for the IRS, you would lend your skills for investigations of a variety of criminal tax violations, including tax evasion, cryptocurrency, money laundering and narcotics/terrorism related financial crimes.

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3 Considerations for the 2021 Workplace Revolution

The post-pandemic workforce is making unprecedented moves in 2021 as unemployment and employee shortages abound. Find out what a recent survey from Prudential reveals about today’s workers as the MICPA breaks down the data into 3 key considerations.  

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LIBOR Update: Successors and Strategies for Non-Financial Entities

Financial institutions are not the only entities impacted by the upcoming shift away from LIBOR on Dec. 31. Any company with a loan or an agreement that uses LIBOR will see a degree of impact. Find out what considerations can help your clients prepare.

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Be Alert for Summer Tax Scams

Now that it's July and the beginning of summer, the Michigan Department of Treasury (Treasury) encourages Michiganders to remain alert for scammers impersonating tax officials through phone calls or emails - or even fake letters through the U.S. Postal Service.

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