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Money means different things to different people and every couple operates uniquely. While what my wife and I do works well for us, it may not work well for you and yours. Rather than tell you about the specific strategies and transactions we make as a couple, here are a few steps and principles to serve as a guide for financial (and marital) bliss.
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Each April, we are encouraged to focus on achieving financial literacy. However, in my opinion, financial literacy is a year-round effort. Especially in today’s economic environment of inflation where gas price hikes, product shortages and rising food prices make a certain degree of financial awareness more important than ever.
Recent studies indicate that despite recent progress toward making personal finance a requirement in public education, most Americans are still struggling to build strong financial foundations. Throughout the month of April, join the MICPA as we explore the current state of Financial Literacy, from policy initiatives and progress to emerging issues and member insights.
Finding additional funding for college is something many students struggle with but knowing where to start is half the battle. That’s why the MICPA has put together this list of scholarship opportunities still available for application, but don’t delay – some of these applications close tonight at 8:59 p.m. EST!
The Data Universal Number System (DUNS) number was originally due for replacement by the end of 2020. Due to recent events, however, the transition from DUNS to the new Unique Entity Identifier number has been extended to Apr. 2022. Find out how this transition is set to take place within the System for Award Management (SAM.gov) and what other new protocols within SAM.gov are already underway.
Last week, the MICPA hosted a roundtable discussing the ins and outs of the new Michigan Flow-Through Entity (FTE) tax and its immediate impacts to taxpayers in 2022. MICPA State and Local Tax Experts Michael Merkel, Plante Moran, and John Eardley, Crowe, offered guidance and answered your burning questions about the FTE tax. If you missed it, here’s your chance to catch up, quick…
In the midst of world changing events, existing areas of risk are further exacerbated by rising costs and geopolitical unrest. The MICPA breaks down two major factors at play in the current environment and what financial advisors can do to position themselves and their clients to withstand both.
Mentors provide practical advice, support and encouragement, but most college students are missing out on this pivotal relationship, according to Katie Farah, 2021 MICPA Student Champion of the Year, accounting intern and graduate student at Walsh college. If you’re one of those students without a mentor, Katie shares four ways to find one!
Last week, the AICPA and 52 state CPA societies sent a letter to Assistant Treasury Secretary Lily Batchelder and IRS Commissioner Charles Rettig regarding widespread concerns on the Schedules K-2 and K-3 reporting.
A recent study published by the Center for Audit Quality (CAQ) examines the attitudes of high school and college students toward accounting. Find out what challenges this new data indicates for the profession, and what factors staff and faculty can focus on right now to address misconceptions and expand the CPA pipeline.