News

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The Imitation Principle: 3 Ways to Relate to Humans Again

Recent reports suggest that many people are experiencing what experts call re-entry anxiety following two years of remote work and social distancing, but how long until we all feel normal again? MICPA 2022 Accelerate keynote speaker Mark Ostach says the distance some professionals might be feeling between themselves and their colleagues, friends or even family could be due to the Imitation Principal.

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Inflation Reduction Act Targets Increased Revenue Through IRS Funding, Audits

The Inflation Reduction Act (IRA) includes several provisions for funding the IRS, climate reform and healthcare. Paychex breaks down the most relevant components, including the Premium Tax Credit extension, the 15% minimum tax on corporations and more.

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Inflation Reduction Act: Introducing Clean Energy Credits to Your Clients

The Inflation Reduction Act (IRA) created several new tax provisions and expanded some that already existed. Despite many of these provisions lacking key details and others not coming into effect until 2024, experts are cautioning financial advisors to prepare now to field client inquiries.

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Ready to Sell: How Accounting Practices Are Sold

Those new to the idea of selling a firm may find the very idea of it intimidating, especially when it comes to knowing where to start the process. According to APS Holmes Group, the selling process begins with knowing the four different methods of sales availabl

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Accelerating Soft Skills in Leadership

Are technical skills taking a backseat to soft skills? Not exactly, but recent reports do suggest they are rising in importance, and could be the difference between simply getting a recruiter’s attention and actually landing the job…

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MICPA Celebrates 2022 Outgoing Board Members, Announces New Additions

The MICPA Board of Directors will begin a new term in October, which means the annual shuffle is underway. Join us as we recognize our outgoing board members, including for their hard work and dedication and get to know those who will be joining the board for the first time.

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Primary Elections Set the Stage for November:

The Michigan primary election is over, setting the stage for the gubernatorial and congressional races in November. Between new district lines and term limits, these primary results will have a significant impact on Michigan’s political landscape, resulting in at least 57 freshman elected officials headed to Lansing in January.

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Two MICPA Members Selected to Attend AICPA’s 2022 Leadership Academy

The AICPA honored 36 CPAs as members of its Leadership Academy’s 14th graduating class, including MICPA members Matthew S. Kidd, CPA, PFS, Blunden & Kidd Accounting & Consulting, and Connor Green Malatesta, CPA CITP, Markoff & Malatesta, CPAs and Advisors. As we congratulate Mr. Kidd and Mr. Malatesta on their acceptance to the AICPA Leadership Academy program, we invite our members to consider upcoming opportunities for growth. The MICPA Leadership Academy, a yearlong program that features monthly sessions all aimed at developing personal leadership styles among early-career CPAs, kicks off on Nov. 15! Learn more or submit your application today!

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HappyAccountants

100% Member Firm Maner Costerisan named Cool Place to Work by Crain’s Detroit Business

Maner Costerisan, a full-service public accounting, technology and business consulting firm, has been recognized as one of Crain’s Detroit’s 2022 Cool Places to Work. The prestigious annual list ranked Maner No. 13 among medium-sized businesses statewide and No. 40 overall.

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Tips for Handling Clients Who Committed Fraud

It is not always immediately obvious when a client’s audit will lead into a criminal case but understanding tax fraud is key to identifying early warning signs. Expert tax attorney Venar Ayar, JD, LL.M., founder of Ayar Law, shares best practices for handling a sensitive audit and insights on how the IRS conducts its investigations.

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