News

  • Social Security Recipients Will Automatically Receive Economic Impact Payments

    WASHINGTON – The U.S. Department of the Treasury and the Internal Revenue Service today announced that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an Economic Impact Payment. Instead, payments will be automatically deposited into their bank accounts.
  • 10 Ways to Immunize Your Firm During a Crisis

    Managing your CPA firm through any crisis requires thoughtfulness, sensitivity and patience — qualities that may not seem practical or even possible during this time of the COVID-19 global pandemic. After all, our social, business and regulatory landscapes seem to change daily if not hourly.
  • Welcome to April, Financial Literacy Month!

    Instead of playing pranks today we’re celebrating the fiscal responsibility and awareness which we could all use a little more of right now.
  • MEDC and US Treasury Rush to Aid Small Businesses, and more

    Updated CISA Guidance on Essential Services, MEDC and US Treasury Rush to Aid Small Businesses, Small Business Administration Loan Assistance, and more.
  • A Great Transition

    New President & CEO, Bob Doyle, writes about his first few weeks with the MICPA.
  • Updated CISA Guidance on Essential Critical Infrastructure Workers

    The Department of Homeland Security (DHS) has updated its Cybersecurity and Infrastructure Security Agency (CISA) guidance on critical workers. This new guidance specifically references accounting services as a stand-alone. If a state executive order points to CISA guidance, accounting is now encompassed as an essential business based on the March 28, 2020 guidance.
  • THIS WEEK: MICPA Virtual Roundtables

    Join other MICPA members via Zoom video conference to discuss topics relevant to conducting business amidst the coronavirus pandemic, and the challenges that have come with it.
  • How Consultants Can Face the Coronavirus Crisis

    The coronavirus pandemic is likely to cost consultancies business this year, but the revenue risk varies considerably depending on the market, the industry, and the type of consulting work, according to projections released by Source Global Research, a professional services firm based in London.
  • Many Local and County Governments Issue Orders - Apply to Critical Infrastructure Businesses

    The MICPA has been working on the issues related to the implications of Executive Order 2020-21.
  • Governor Announces State Tax Deadline Extended

    Michigan Governor Gretchen Whitmer has signed an executive order (EO 2020-26) that will extend the state tax filing and payment deadline amid the coronavirus pandemic from April 15, 2020 to July 15, 2020. This decision comes over a week after the IRS pushed back the federal tax filing deadline to July 15, 2020, and the state of Michigan has now committed follow suit allowing residents and businesses additional time to file their income taxes.

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