The Top 5 Things 2020 Taught Us About Remote Work

Back in March 2020, when more than 40 percent of Americans began commuting to their kitchen tables and makeshift home office nooks, few believed they'd still be there now, nearly a year later. And yet, here we are.

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Working Families, Individuals Eligible for Michigan Earned Income Tax Credit

LANSING, Mich. – Working families and individuals with low to moderate income may be able to receive Michigan’s Earned Income Tax Credit (EITC), according to the Michigan Department of Treasury.

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10 Ways to Overcome Stress and Become a Mature Business Leader

One of the most valuable attributes of a good business professional and leader is to be able to control emotional outbursts, to maximize your credibility and respect, and to maintain your own health.

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2021 Report on FINRA’s Examination and Risk Monitoring Program

This Report on FINRA’s Risk Monitoring and Examination Activities (the Report) is designed to inform member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations. For selected regulatory obligations, the Report: (1) identifies the applicable rule and key related considerations for member firm compliance programs, (2) summarizes noteworthy findings from recent examinations and outlines effective practices that FINRA observed during its oversight, and (3) provides additional resources that may be helpful to member firms.

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CPAs Field Questions About COVID-19 Vaccination Process

The role of financial advisors is ever-expanding and as COVID-19 vaccinations continue to be a hot-button issue, many CPAs are fielding questions among clients regarding distribution. The good news is one needn’t be a doctor to answer those questions; the bad news is…availability remains scarce. Help your clients track availability with these key resources.

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Penalties and Interest on Taxable Unemployment Benefits Waived by Treasury

The pandemic continues to see many families struggling amid layoffs and job loss which, in 2020, led to record new unemployment claims. With tax season underway, the MICPA has advocated on behalf of taxpayers for additional relief. Last week, some of those efforts were realized with the Michigan Department of Treasury announced it will be waiving penalties and interest on all 2020 unemployment benefits with underpaid estimated tax payments.

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Meet The First Black Woman to Become a Certified Public Accountant in the United States

Mary T. Washington Wylie made history when she became the first Black woman Certified Public Accountant (CPA) in the United States. She was also the 13th Black CPA in the country.

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News Finance

FASB approves private company and NFP goodwill triggering event alternative

FASB responded to an urgent pandemic-related accounting concern Wednesday by voting to provide private companies and not-for-profits with an alternative to the requirement to monitor and evaluate goodwill impairment triggering events throughout the fiscal year and potentially measure a goodwill impairment at the date of triggering events.

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Don't Delay, Complete the FAFSA Today

Students who want to be given priority consideration for state of Michigan financial aid programs should submit their Free Application for Federal Student Aid – commonly known as the FAFSA – on or before March 1, according to the Michigan Department of Treasury.

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How Accountants Can Help Businesses Expand in 2021

Although the news has largely focused on the struggles created by the COVID-19 pandemic, some businesses are actually thriving (and that doesn't just mean Amazon). As an accounting professional, you're well placed to help your business-owning clients if they'd like to expand their company. Bryce Sanders offers some tips you can provide.

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