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New Michigan Case Sparks Fresh Concern Over License Scams

The Michigan Department of Licensing and Regulatory Affairs (LARA) announced the devastating loss of a Michigan physical therapist’s life savings to fraudsters that posed as LARA investigators. The MICPA reports on the latest scam targeting licensed professionals in Michigan and how to protect yourself and your financials from imposter fraud.

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Every SBA Update on Pending Small Business Aid

Last week, the U.S. Small Business Administration (SBA) made multiple announcements regarding ongoing federal relief efforts. Read the MICPA’s break down of everything that happened at the SBA last week to stay on top of the latest aid for you and your clients’ small businesses.

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Turning Point: Driving Diversity, Equity & Inclusion in Accounting

The accounting profession has long been aware of its diversity, equity and inclusion (DE&I) challenges. A survey of 3,000 former and current accounting professionals revealed that approximately half of female, nonwhite and LGBTQIA respondents left their jobs at U.S. accounting firms citing a lack of inclusion and equity. Paul Bryant, Plante Moran partner, MICPA member and chair of the MICPA Diversity & Inclusion Initiatives Task Force discusses these real issues, how to begin talking about them and what companies and firms can do to increase awareness and start making changes.

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Less Than A Week Left to Complete the FAFSA

Students who want to be given priority consideration for state of Michigan financial aid programs have less than a week to submit their Free Application for Federal Student Aid, according to the Michigan Department of Treasury.

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Forgiven Paycheck Protection Loans Won't Be Taxed

Taxpayers who accepted federal Paycheck Protection Program (PPP) loans will not be taxed on loans forgiven through that program, according to the Michigan Department of Treasury.

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How to Breakthrough Stress Before It Breaks You

Even before the pandemic, teaching ranked as the second most stressful job in the country. Educators are the driving force behind generations of accumulated knowledge and learning, charged with tending the very future of the nation. That weight is heavier now than it has ever been, and the MICPA takes a closer look at how to bust stress before it reaches critical mass.

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Smart Tech Investment: Meaningful Cyber Security

Spending on cyber security increased by 63% overall last year, an attempt by many companies to beef up security in the face of growing vulnerabilities associated with remote work. But what was the return on investment? The MICPA takes an in depth look at how to adopt meaningful #cybersecurity and apply it to you and your clients’ businesses.

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Shorten Month-End: Achieving a Virtual Close

MICPA member John L. Daly, MBA, CPA, CMA, CPIM, explores how to successfully meet user expectations through continuous improvement. Find out how virtual close environments, business processes and complexity interact to help (or hinder) success.

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MICPA Members Discuss Revisions to Audit Reporting in The CPA Journal

In a recent article published by The CPA Journal, MICPA members Gerald W. Hepp, CPA, and Alan Reinstein, CPA, discussed the major revisions set forth by two AICPA Statements on Auditing Standards (SAS). Find out what the authors have to say about the new revisions and the major challenges they pose to auditors.

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Michigan's unemployment benefits extension is about to end

But there is some good news for the 16,000 claimants who are receiving these benefits. They are likely eligible for benefits under two federal programs that were implemented late last month, Liza Estlund Olson, acting director of Michigan's UIA, said in a news release.

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