E-News Archive

2008

Issue 424 -June 16, 2008
AICPA Calls for 3-5 Year Transition to IFRS/SEC Extends Auditor Attestation Compliance Date for Small Businesses/SEC Announces July 9 Roundtable on Fair Value Accounting Standards/IRS Launches Summer Push to Reach Retirees and Disabled Veterans for Economic Stimulus Payments/AICPA Forms Succession Planning Resource Center/Access Details About Business Provisions of the Economic Stimulus Act of 2008/How to Save $ at the Pump

Issue 423 - June 9, 2008
CPA License Mobility Legislation Passes Michigan Senate/FASB Issues Exposure Draft on Accounting for Hedging Activities/FASB Issues Exposure Draft on Disclosure of Certain Loss Contingencies/IRS Adds Functions to Online Payment Agreement Application/Board to Consider Adopting Rules on Reporting by Registered Firms

Issue 422 - June 2, 2008
CPA License Mobility Legislation Passes Michigan Senate/IRS e-file Up Sharply in 2008/Employer Use of Financial Incentives to Reward Healthy Behavior Expected to Surge/Millennials Seek Security in First Job/MACPA Adds 14 to CPA Ambassador Roster

Issue 421 - May 27, 2008
House Bill Prohibiting Credit Scoring in Hiring Process Exempts CPAs/New FASB Statement Clarifies Insurance Contracts/National MAP Survey - AICPA and Texas Society Seek Participants for Benchmarking Survey/Provision in Extenders Bill Would Equalize Taxpayer and Preparer Reporting Standards/Sign up for a Chance at Free Tuition/Keep Summer Fuel Costs From Burning Your Budget

Issue 420 - May 19, 2008
AICPA Council Designates IASB as a Standard Setter/AICPA Launches New Int’l Standards Website/Win a $50 Gas Card – Register for June CPE Event/Large Accounting Firms Bringing IFRS to Colleges/Small Tax-Exempt Orgs: First Filing Date Approaches for Electronic Notice/Treasury, IRS Issue 2009 Indexed Amounts for Health Savings Accounts

Issue 419 - May 12, 2008
Michigan Mobility Legislation Moves to Full Senate/Uniform Laws Governing Practice of CPAs Across State Lines Gain National Momentum/FASB Issue Its Own Hierarchy to Replace AICPA GAAP/FASB Offers Article on Fair Value/AICPA Adds Content for New CPA Exam/Accounting Degrees Reach 36-Year High/The AICPA and Texas Society of CPAs Need Your Help! Participate in the 2008 PCPS/TSCPA National MAP Survey/AICPA Whitepaper Presents a Roadmap for Modernizing Business Reporting

Issue 418 - May 5, 2008
U.S Department of Labor Focuses on Audits of Employee Benefit Plans – Are You Prepared?/Ethics: What’s SOX Got to do With It?/IRS Automates Installment Agreement User Fees/Increase Staff Retention and Business with MACPA's Customized Training Solutions/MACPA's Spring Members Advisory Forum is May 13 - Register Today Before it is too Late!/Reserve Your Management Information Show Exhibitor Booth Now!/Americans Divided on their Plans for Economic Stimulus Tax Rebate/SEC Piggybacks Refund Check with Investor Tips/AICPA Issues Revised Peer Review Standards

Issue 417 - April 28, 2008
Mobility Legislation Passes House and Awaits Senate Consideration/Mobility, Forensic Accounting, XBRL – Hot Issues at Upcoming MACPA Event/U.S. Accounting Profession Renews Mutual Recognition Agreement with Canada, Mexico/PCAOB Adopts New Ethics and Independence Rule Concerning Communications/IRS Launches Campaign to Help New Small Businesses/Retirees, Disabled Vets Still Can File for 2008 Stimulus Payments/FASB Issues Two Final Staff Positions/CPAs Volunteer at Local Elementary School for a Day - Come and be a Part of the Fun/Everyday Ethics Everlasting Consequences Author Comes to Michigan for Two Speaking Engagements/GASB Adds Projects on Retirement Benefits, Public/Private Partnerships and Reporting Units

Issue 416 - April 22, 2008
IRS Issues Draft for 2008 Form 990/IRS Will Issue Guidance on 50-Percent Depreciation Allowance/PCAOB to Consider Adopting New Ethics and Independence Rule/Michigan Dept. of Labor Encourages Businesses to use FILEOnline/Mark Your Calendar for Crain’s CFO of the Year Awards on June 26/With Rising Gas Prices, State Steps Up Fuel Inspections/Tips to Improve Your Fuel Economy

Issue 415 - April 14, 2008
Maryland Passes Mobility Legislation/Senators Stabenow and Levin Support Ban on Tax Strategy Patents/International Accounting – Call for Volunteers/House Committee Approves Taxpayer Advocate Bill/Treasury Releases Competitiveness Study on the Changing Nature and Consequences of Financial Restatements/Treasury, IRS Issue Funding Guidance for Single-Employer Defined Benefit Plans/Governor Signs Bills to Grow Economy Through “Anchor Zones”/Do Not Call Registrations Permanent

Issue 414 - April 7, 2008
GASB Exposure Draft Proposes Changes to SEA Reporting/2008 Small Business Resource Guide is Now Available/U.S. Department of Labor Launches New Web Tool to Help Employers Comply with Retirement Laws/PCAOB Addresses Emerging Audit Issues in 2008 Forums on Auditing in the Small Business Environment/IRS Seeks Nominations for Information Reporting Program Advisory Committee/Governor Signs Bills Protecting Consumers from Mortgage Fraud, Unfair Lending Practices/A Simple Act, a Lasting Legacy/New FTC Videos Help Consumers Spot Phishing Scams/New Poll Says More American Adults Delaying Major Decisions Due to Financial Concerns/Lives Depend on You - Volunteer for the 2008 Race for the Cure®

Issue 413 - March 31, 2008
Tips for Tax Filers on Economic Stimulus Payments/U.S. Retirement Assets Grew Substantially in Last 10 Years, But Face a Challenging 2008/Talent Shortage Emerges as No. 1 Employer Concern/Employment Trend: Intern First, Then Full-Time Hire

Issue 412 - March 24, 2008
CPA License Mobility Legislation Introduced in Michigan/2007 PCPS Map Top Issues Survey: Technical Complexity and Staffing Dominate/FASB Issues Statement No. 161, Disclosures about Derivative Instruments and Hedging Activities/FASB Issues Proposed FASB Staff Position (FSP) No. 132(R)-a, Employers’ Disclosures about Postretirement Benefit Plan Assets/Combat Pay Can Count Toward Economic Stimulus Payment Eligibility/Use of Free File Growing in 2008/Spring Members Advisory Forum: Register Today!

Issue 411 - March 17, 2008
Statewide Town Hall with Governor on Michigan's Economy Will Air Wednesday Night/The Fed Takes Weekend Action to Promote Economic Growth/Marketing: Lessons to be Learned from Presidential Campaigns/More Companies, Workers Adopt Consumer-Directed Health Plans/A New Best Seller? IRS Releases 2007 Data Book/Phishing Scams Top the 2008 “Dirty Dozen” Tax Scams/Links for Tax Professionals/Smart Tips for New Technologies

Issue 410 - March 10, 2008
Congressman Camp Co-Sponsors Tax-Preparer Standard Legislation/Treasury Updates Online MBT Frequently Asked Questions/IRS Automates Installment Agreement User Fees/Free File Available for Nonfilers Who Must File a Return to Receive Economic Stimulus Payment/Proposed Regulations Issued for Capitalization of Tangible Assets/IRS Guidance on LIFO Pooling for Resellers of Cars, Light-Duty Trucks/SEC Warns Public Pension Funds About Inadequate Compliance Procedures/Federal Court Upholds OFIS Rules Barring Discretionary Clauses in Insurance Policies/New Accounting Curriculum Rule Effective March 1, 2008

Issue 409 - March 3, 2008
Accounting Standards-Setters to Be Overhauled/FASB Proposes Guidance on Nonprofit Endowments/FASB Webcast on Codification Scheduled for March 13/GASB Acts to Improve the Reporting of Fund Balance Information/Board Proposes New Auditing Standard: Engagement Quality Review/Interest Rates Drop for the Second Quarter of 2008/Special Economic Stimulus Letters Reach Mailboxes in March/IRS Changes Muni Bond VCAP Program, Seeks Comments

Issue 408 - February 25, 2008
2008 Economic Stimulus Act Provides Tax Benefits to Businesses/More Information on Stimulus Payments Posted to IRS.gov/CPA Financial Executives Foresee Continuing Decline in Economy/Form 4136 Revised; Some Farmers, Fishermen Have Until March 10 to E-File/PCAOB Will Consider Proposing an Auditing Standard on Engagement Quality Review/FASB Proposes Guidance on Nonprofit Endowments/E-Postcard Simplifies Filing for Small Tax-Exempt Organizations

Issue 407 - February 18, 2008
SEC Offers a Whole New Way to Look at Financial Data/File a 2007 Return to Receive Stimulus Rebate/IRS Processing Tax Forms Affected by AMT Legislation/Mortgage Workouts, Now Tax-Free for Many Homeowners/Citizens’ Guide Provides Easy Public Access to Government’s Financial Report

Issue 406 - February 11, 2008
Bush to Sign Stimulus Package/Governor Presents Proposed Budget/Mark Your Calendar: Spring Members Advisory Forum/MACPA Member Named to Prestigious IRS Advisory Council/New Coalition Focuses on Public Sector Performance/Worthwhile Small Business Technologies

Issue 405 - February 4, 2008
PCAOB Adopts New Auditing Standard No. 6/FASB Defers Effective Date of FIN 48/IRS Offers EITC Tool Kit for Tax Professionals/Online Tax Hints Publication Takes New Approach/IRS Warns of New E-Mail and Telephone Scams/Guidance Released on Pension Funding Rules & Backloading/AICPA Submits Multiple Comment Letters/Safely Share Your Wireless Access

Issue 404 - January 28, 2008
Economic Stimulus: Tax Rebate Deal Announced/MACPA PAC Needs Your Help/Guidance Available for Husband and Wife Unincorporated Businesses/PCAOB Will Consider Adopting Auditing Standard on Evaluating Consistency of Financial Statements/Retirement Savings a Key Concern for Americans, AICPA Survey of CPA Financial Planners Shows

Issue 403 - January 21, 2008
FASB Releases codification for Verification/Treasury Continues to Update Online MBT Frequently Asked Questions/Senate Approves Use Tax Credits/AICPA Applauds Supreme Court Decision in Stoneridge Case New York/Baby Boomer Retirements Most Significant Workforce Trend in Next 10 Years/AICPA Offers Plain English Guide to Independence

Issue 402 - January 14, 2008
Taxpayer Advocate Recommends Dozens of Changes/State’s SBT E-File and Federal E-File Open for Business/GAO Not Worried About Market Concentration for Public Company Auditors/FASB Proposes Delay of Interpretation 48 for Nonpublic Enterprises/Information Security Management Still Number One Technology Concern/New Battery Rules in Effect for Airline Passengers/Tax Season Fun Facts/MACPA Member Named to IRS Advisory Committee

Issue 401 - January 7, 2008
Dept. of Treasury Issues RABs on Final SBT and MBT/Is Your Name on This List?/New Regs Give Taxpayers More Control of Tax Return Information Held by Preparers/2007 Tax Season Resources Now Available/Feed the Pig Captures Prestigious Awards; “360 Degrees” Garners Awards, Too/Market Your Company's Products/Services to Other Fellow CPAs/Build a Usable Security Plan

Issue 400 - January 2, 2008
Filing Season Starts on Time...Except for Thoes Affected by AMT Patch/IRS Implements Enhanced Standards of Conduct for Tax Return Preparers/Updated Contacts, Links Provided by IRS Liaison//IRS Outlines New Electronic PIN Signature Requirement and New Use for IRS Form 8453/Find Michigan Tax Forms Online/Michigan Signature Requirements Don’t Change/AICPA Asks IRS to Reconsider Foreign Tax Credits/IRS, Treasury Propose Pension Regulations/SEC Issues Year-End Help For Expensing Employee Stock Options/New SEC Internet Tool Offers Instant Comparisons of Executive Pay

2007

Issue 399 - December 17, 2007
AICPA Comments to IRS on Rulings on Trust Distribution Committees/Renew Your CPA License Online Before Dec. 31 Deadline/PCAOB Issues Staff Audit Practice Alert on Fair Value/IRS Fast Track Settlement Program Expands/U.S. Government Releases FY 2007 Financial Report/FASB Launches Series of Webcasts on Global Reporting System/Changes Expand Federal Tax Credit Program for Employers

Issue 398 - December 10, 2007
Michigan Treasury Explains Tax Letters Sent Last Week/New Michigan Accountancy Rules Take Effect March 1, 2008/MAF Accepting 2008 Scholarship Applications Now/AICPA Applauds House Bill to Modify Preparer Penalty/PCAOB Proposes Guidance on Rule 4012/FASB Issues Convergence Statements, Nos. 141(R) and 160/One Set of International Standards Important for Economic Growth, According to Survey of World Accountancy Leaders/FTC Offers Tutorial for Businesses on Protecting Personal Information/Have You Ordered Your Copy of the 2008 Master Tax Guide?

Issue 397 - December 3, 2007
Service Tax Eliminated/SEC Seeks Investor Input on Proposal to Improve Mutual Fund Disclosure/2008 Standard Mileage Rate for Business Set at 50.5¢/Treasury, IRS Issue Model Provisions for Section 403(b) Plans/FASB Issues Preliminary Views on Financial Instruments with Characteristics of Equity/MBT Frequently Asked Questions Added

Issue 396 - November 26, 2007
Five Day and Counting: Can Law Makers Ditch Service Tax by Friday?/U.S. Senate Bill Would Ban Tax Strategy Patents; AICPA Supports/GASB Issues Statement on Real Estate Held as Investments by Endowments/Get Your Copy of the One-of-a-Kind Michigan Tax Conference CD and Manuals/Disaster Assistance Available to Michigan Farmers/Quick Response – Renew Your CPA License Online/Skipping the Mall for Holiday Shopping? Stay On Guard When You Are Online

Issue 395 - November 19, 2007
Estimator Added to Michigan Business Tax Site/Provide Tax Help to Low-Income Households in Metro Detroit – Volunteer Today!/SEC Drops Reconciliation Requirement/SEC Adopts Three Rules to Improve Regulation of Smaller Businesses/AICPA Urges SEC to Use International Accounting Standards/Corporate CPAs Feeling Gloomy About U.S. Economy/FASB Rejects Deferral of Statement 157 for Financial Assets and Liabilities/Employers to Face Intense Competition for New College Graduates/2008 U.S. Master Tax Guide - Preorder a Copy Today at Special Member Price!/Get Your Copy of the Michigan Tax Conference CD and Manuals

Issue 394 - November 12, 2007
Premier Tax Conference Drew Sell-Out Crowd/Non-Public Companies Get More Time to Implement FIN 48/GAO Criticizes IRS Internal Controls/Electronic Filing Breaks Records in 2007/Saver’s Tax Credit Helps Low- and Moderate-Income Workers Save for Retirement/Treasury, IRS Issue Additional Pension Protection Act Guidance/SEC Offers Staff Guidance on Written Loan Commitments/IRS and Michigan Will Share Employment Tax Examination Results/MAF Scholarship Applications Now Available Online

Issue 393 - November 5, 2007
Staffing Needs Dominate MAP Issues Survey/Renew Your CPA License Online Today/Tax Glossaries Available in Several Foreign Languages/Help for California Wildfire Victims/AICPA, U.S. Small Business Administration Form Alliance/AICPA Supports National Standard for Nonresident Income Tax/Justice Department Seeks to Shut Down Detroit Tax Preparer/Tax Help: Volunteer to Assist Low-Income Metro Detroiters

Issue 392 - October 29, 2007
Department of Treasury Posts Initial Guidance on Service Tax/New MBT Tax Information on State Treasury Web Site/State Treasury: Recalculate Fourth Quarter Estimated Filings/Comerica Index Shows Michigan Economy Trending Sideways/GOA Says 401(k) Plan Participants, Sponsors Need Better Fee Information/Randy Fletchall Elected Chairman of AICPA/AICPA: Allow Public Companies to Use International Accounting Standards/Robert Half Releases 2008 Accounting and Finance Salary Guide/Help for California Wildfire Victims/FTC Survey: 13.5% of U.S. Adults Duped by Fraud/Pre-Order Your CCH 2008 U.S. Master Tax Guide Today!

Issue 391 - October 22, 2007
Governor Announces Plan to Combat Mortgage Foreclosure Epidemic/2008 Adjustments Widen Tax Brackets, Change Pension Limitations/PCAOB Identifies Audit Deficiencies of Firms Auditing ≤100 Public Companies/Guidance Issued on Auditing Internal Control in Smaller Public Companies/Poker Tournament Winnings Must be Reported to the IRS/The Truth About Cell Phones and the Do Not Call Registry

Issue 390 - October 15, 2007
Michigan Tax Conference - Get the Fact on the New Tax on Services/Auditing Standards Board Redrafting Standards to Achieve Greater Clarity/Bring the Knowledge of Business Basics to Elementary Students/Treasury, IRS Issue Pension Protection Act Guidance/Continue Your Benefits – Renew Your Membership Today/PCAOB to Vote on Amendments Regarding Inspection Frequency for Firms that Do Not Regularly Issue Audit Reports/IRS Offers Relief for Late S Corporation Elections

Issue 389 - October 8, 2007
House Overwhelmingly Passes Mortgage Forgiveness Tax Bill/IRS Issues Redesigned Allowable Living Expense Standards/E-filed Corporate Tax Returns Hits Record High/GAO Releases Financial Audit Manual Exposure Draft/U.S. Treasury Names AICPA’s Barry Melancon to Auditing Advisory Panel/Does Insurance Contract Accounting Merit a FASB Project?/GASB Seeks Input on Derivatives Proposals/The ABC’s of Business – Advance, Build and Connect for Success

Issue 388 - October 1, 2007
Tax Hike + Reforms = Agreement; State Avoids Crippling Shutdown/New Sales Tax on Services Key to State Budget Deal/MBT Update: Legislature, Governor Approve FAS 109 Fix/New Online Employer Identification Number Application Processes Requests in Minutes/Michigan Still Accepting E-filed Late Returns, Returns on Extension/SAS 104-111 Toolkit Now Available on PCPS Firm Practice Center Site/Treasury, IRS Issue New Proposed Cafeteria Plan Regulations

Issue 387 - September 24, 2007
SEC Releases Source Code for Interactive Data Viewer for Free USe by the Market/Michigan Businesses to Benefit from Drop in Workers' Comp Rates/AICPA Urges IRS to Withdraw Proposed Open Account Debt Regulations/IRS Offers Guide for Homeowners in Foreclosure/10 Ways to Mitigate Your Security Risks

Issue 386 - September 17, 2007
MACPA Nets Top State Award for Web Design/SEC Charges Unregistered Audit Firms and Partners/Treasury, IRS Extend Documentation Deadline for 409A Compliance/AICPA Issues Exposure Draft of A&A Guide for the Airline Industry/Tax Talk Webcast Offers Tips on Working with IRS Campus Compliance Services/Continue Your Benefits – Renew Your Membership Today/Clear Off Your Shelves - Last Week to Donate Kids Books/MACPA Task Force Submits Comment Letter on Redesigned IRS Form 990 for Tax-Exempt Organizations

Issue 385 - September 10, 2007
Proposed Technical Correction to MBT Clears First Hurdle/AICPA Applauds Movement on Tax Patent Legislation/Report Shows Workers More Confident and Inclined to Negotiate Pay/Increase in Federal Minimum Wage Will Not Reduce 45B Credit/Fed Web Site Offers Foreclosure Resources for Consumers/Five Reasons to Start a Small Business Blog

Issue 384 - September 4, 2007
Michigan Business Tax Site Is Live/PCPS Offers Help for Preparing “Comfort” Letters/Another Scam Offers Cash for IRS Survey Participation/IRS Announces Closing Agreement Program for Forward-Float Agreements Used with Municipal Bonds/Rules, Guidance Issued on Restricted Benefits in Under-Funded Pension Plans/Internet Resource Provides Homeowners with Tips on Avoiding Foreclosure

Issue 383- August 27. 2007
Fall Member Advisory Forum Hits All the Hot Topics/New MACPA Web Page Offers Extensive MBT Info/IRS Warns Taxpayers of New E-mail Scams/Corporate Use of e-File Up as Deadline Approaches/IRS Issues Pub 4557, Safeguarding Taxpayer Information/Annuities May Be Next 401(k) Frontier/SaaS Options Demand Discipline from SMBs

Issue 382 - August 20. 2007
MACPA Names "Cool" Place to Work/Two Michiganders Among Top CPA Exam Scorers/Work Opportunity Tax Credits Expanded/GAO Launches Web Site Improvements To Enhance Visibility, Impact/Treasury, IRS Issue Guidance on Transactions of Interest/303 Projects Make Up Guidance Priorities for 2007-2008/Peru Earthquake: FTC Tells Consumers Ways to Give Wisely/State Launches Highway Bridge Safety Web Site/Bursting the Mobile Productivity Bubble

Issue 381- August 13. 2007
IRS Extends Deadline for Web Site Registration/New Rule Will Not Affect Teacher Salaries in Upcoming School Year/Still Time to Comment on Form 990 Changes/Five Weeks Left to Gather Books for Local Schools/Received a Promotion or Award? We Want to Know!

Issue 380 - August 6. 2007
E-File Providers Must Register Web Sites With IRS by Aug. 9/Treasury, IRS Release Report on Improving Voluntary Compliance/Member Comments Sought on Proposed Changes to Form 990/IRS Seeks Comments on Updates to Corporate and Partnership Tax Forms/Employee Benefit Plans Can Expect Increased Transparency in the Quality of Financial Reporting Controls, AICPA Says/Treasury, IRS Issue New Proposed Cafeteria Plan Regulations/FASB Issues Invitation to Comment on Proposal for Insurance Accounting/Cast Your Vote: Feed the Pig Nominated for Podcast Award/Granholm Launches No Worker Left Behind Program; Goal to Train 100,000 for High Demand Careers/Did You Renew Your MACPA Membership?

Issue 379 - July 30. 2007
Member Comments Sought on Proposed Changes to Form 990/Register for August Sessions on the new Michigan Business Tax!/GAO Issues July 2007 Yellow Book Revisions/Treasury, IRS Finalize Section 403(b) Plan Rules/PCAOB’s New Internal Control Standard Gets Final Okay from SEC/SEC Solicits Public Comment on Role of IFRS in the U.S./FASB Issues Proposal to Clarify the “Shortcut Method” of Hedge Accounting/FASB Issues Proposed Staff Position on FAS 140-d/AICPA Survey: Financial Execs Concerned About Employee Healthcare Costs

Issue 378 - July 23, 2007
Task Force Convicts 53 CFOs in Five Years/MACPA Offers New Courses on Michigan Business Tax/New Electronic PIN Signature Requirement Begins in 2008/IRS Releases Interim Report on Tax-Exempt Hospitals and Community Benefit Project/Taxpayer Advocate Identifies Priorities for Upcoming Year/Michigan's Jobless Rate Increases in June/Google-State of Michigan Partnership Enhances Internet Search Capabilities

Issue 377 - July 16, 2007
New MBT Online Q&A Forum, Mobility Content on MACPA Web Site/New Provision Would Change Tax Preparers’ Role and Lead to Likely Increase in Fees for Taxpayers, AICPA Tells Congress/IRS to Notify Small Tax-Exempt Organizations of New Information Reporting Requirement/Electronic Excise Tax Filing Is Coming; IRS Will Accept Paper Forms 2290 in Interim/SEC Votes to Adopt Antifraud Rule Under Investment Advisers Act/GASB Issues Standard on Intangible Assets

Issue 376 - July 9, 2007
GAO/PCIE Revise Financial Audit Manual/GASB Offers Plain-Language Guidance for Derivative Accounting/Revised Innocent Spouse Form Now Available/Some States Triple Cigarette Taxes, Most Hold Firm on Gas and Sales Tax Rates

Issue 375 - July 2, 2007
MBT Bill Awaits Governor's Signature/Granholm Signs New Laws Expanding Rights of Deaf & Hard of Hearing/Texas Governor Signs CPA Mobility Bill/GASB Proposes Standards for Reporting Government Derivatives; Defines Elements of Financial Statements/AICPA Issues Statement on Standards for Valuation Services No. 1/New “Life Cycles” Help Tax-Exempt Organizations Comply with the Law/SEC Establishes Advisory Committee to Make U.S. Financial Reporting System More User Friendly for Investors/CFOs Pare Back Expectations for Capital Spending, Hiring and Prices

Issue 374 - June 25, 2007
Find Business Topics Fast Using New IRS Index/CPE Credit; One More Chance to Enter!/IRS Advises Employers, Payers, Agents to Use New Appointment Form 2678/Financial Accounting Standards Board to Form Resource Group on Valuation Guidance Issues/Fraudsters Claim Red Cross Connection in New Phishing Scam/IRS Expands Project to Ensure Eligible Public School Employees are Allowed to Participate in Retirement Annuities/Networking Solutions for SMBs

issue 373 -June 18, 2007
MBT to Replace SBT/Another CPA Wins $100 CPE Credit; One More Chance to Enter!/SEC Distributions to WorldCom Fraud Victims Top Half-Billion Dollar Mark/Transitional Penalty Relief Provided to Tax Return Preparers/IRS Releases Discussion Draft of Redesigned Form 990 for Tax-Exempt Organizations/Deadline Extended until July 2 for Reporting on Foreign Bank and Financial Accounts/Federal Reserve Seeks Consumer Advisory Council Members/State’s Health Department Expands Prescription Drug Web Site/Fuel Prices and Housing Market Erode CPA Executives’ View of the U.S. Economy/Excitement Awaits You at the 2007 Summer Management Information Shows/How to Get Started With Web 2.0

Issue 372 - June 11
IRS Launches Research to Improve Audit Success/Join the Fun and Excitement of the Summer Management Information Shows in Novi!/Governor Appoints CPAs to State Board of Accountancy, Tax Tribunal/Another CPA Wins $100 CPE Credit; Three More Chances to Enter!/GOA Reports on IRS Internal Controls/Celebrate 50 Years of the Mighty Mac!/Tech Solutions to Keep Customers Happy

Issue 371 - June 4, 2007
Troy CPA Wins $100 CPE Credit; Enter New Weekly Contest Through June 30/GASB Reconciles Disclosure Requirements for Governmental Pensions and Retiree Healthcare/IRS Encourages Taxpayers to Safeguard Tax, Financial Records/New E-mail Scams Pose as IRS/FTC Says Governments Must Do More to Combat Identity Theft/Labor Dept. Offers Tips for Teen Employment

Issue 370 -May 29, 2007
Internal Control Standard Replaced With Principals-Based Standard/SEC Approves SOX Section 404 Changes/Register Online to Win $100 CPE Credit/Michigan Credit Rating Takes Another Hit/Take AICPA Survey on Interstate Practice Privileges (Mobility)/Theodore Roosevelt Will Address Michigan Legislature on Thursday/Doing Business With Open Source

Issue 369 - May 21, 2007
State's Budget Crisis Grows Deeper/Tax Strategy Patent Bill Introduced/Take AICPA Survey on Interstate Practice Privileges/Board to Vote on New Standard for Audits of Internal Control/Paulson Announces First Stage of Capital Markets Action Plan/2007 Tax Season Sets Records for E-file, Direct Deposit/Will Outsourcing Your IT Save Time and Money?

Issue 368 - May 14, 2007
MACPA Speakes Out on Business Tax Replacement/Many Churches, Nonprofits Qualify for Telephone Tax Refund/AICPA Submits Senate Committee Testimony on Tax Issues/Postal Rates Increase Today/Michigan Week Starts Saturday/Storage Capacity Planning: What's Enough and What's Too Much?

Issue 367 - May 7, 2007
IRS Draft Form 1120-F and New Schedule M-3 Available for Public Comment/Wall Street Continues to Sound Alarm Over State’s Lack of Budget, Tax Restructuring Progress/Federal Court Bars Michigan Tax Book Author from Filing False Tax Returns and Forms/FASB Releases Two Final Staff Positions/CPAS, Bankers and Attorneys Make Key Connections at Exclusive Networking Event/Top 5 Productivity Killers

Issue 366 - April 30, 2007
Tax Simplification is Key to Reducing Tax Gap, Says AICPA/AICPA Opposes Joint Tax Committee Proposals to Expand Self-Employment Tax Base/SEC May Give Choice of IFRS or GAAP/IRS Seeks Nominations for Advisory Council/Simplified International Mailing Starts May 14, But it Will Cost More/Look Twice Before You Leap Into Vista

Issue 365 - April 23, 2007
MAF Scholarship Winners Selected/IRS Chief Takes New Job With American Red Cross/Board Issues Second-Year Report on Implementation of Internal Control Standard/FASB Issues an Exposure Draft to Improve the Accounting for Financial Guarantee Insurance Contracts/Small Business Administration Honors AICPA’s Jim Metzler/Information Everyone Needs: 2007 Spring Members Advisory Forum/Web Tools Can Be Business Friends or Business Foes: Cost Savings and Productivity Gains Are Appealing, but Security Issues Hinder Use

Issue 364 - April 16, 2007
Peer Review Exposure Draft Forthcoming/Nonqualified Deferred Compensation Final Regulations Issued/In Wake of Charges, Jackson Hewitt to Launch Own Review/IRS Completes Taxpayer Assistance Blueprint/IRS E-File for Business Tops One Million Returns/Survey Says American Adults Still Expect to Retire With a Pension/CPAs Can Reach Hundreds of Kids Through One-Day Blitz With JA/CFO of the Year Dinner Slated for May 17 in Farmington Hills/Congratulations to Our Apple iPod Winner/Whew! Tax Day is Over - Free Coffee for CPAs on Wednesday/Keys to Creating a Small Business Web Site

Issue 363 - April 9, 2007
SEC Endorses SOX Changes to Ease Smaller Company Burdens/IRS Warns of Phony E-Mails Claiming to Come from the IRS/Government Sues Jackson Hewitt Franchises in Four States, Including Michigan/AICPA Speaks Out on IRC 987/IRS Seeks Applicants for Electronic Tax Advisory Committee/GASB Project Will Help Governments Report on Performance/New College Grads Can Find Employers on Campus/Know Your Responsibilities When Hiring Foreign Workers/Home Ownership Out of Reach for Many Adult Americans, AICPA Poll Reveals

Issue 362 - April 2, 2007
Tax Freedom Day Arrives April 30, Two Days Later than 2006/CPA Execs Optimistic About Business Growth; Increased Spending on the Horizon/SEC Elevates District Offices to Regional Level/Board Considers Proposing New Auditing Standard and Amendments to the Interim Standards/Phone Tax Refund Applies to Cell Phones/IRS Issues Regulations on Transactions Designed to Artificially Generate Foreign Tax Credits

Issue 361 - March 26, 2007
SBT Replacement Debate Continues to Boil/Tips to Help You Get Your Story Published in Crain's/Following an Important Regulatory Issue? List Allows Easy Tracking of Exposure Drafts/Latest News from the IRS/AICPA Calls on Congress to Repeal AMT/Federal Court Bars Michigan Man From Preparing Tax Returns for Others/GASB Proposes Standards for Reporting Land and Other Real Estate Held as Investments/Feed the Pig™ Podcasts Offer Money Saving Tips for Young Americans/Planning Your Summer Road Trip? This Cool Tool Will Help

Issue 360 - March 19, 2007
Give Future Professionals Much Needed Experience/Mobility, Tax on Services on Spring Members Advisory Forum Agenda/IRS Will Address Form 990 Changes in Upcoming Phone Forms/AICPA Offers Help for Implementing SAS No. 112/Phone Card Retailers Usually Qualify for Telephone Tax Refund/Everything You’ve Always Wanted to Know … About the IRS/Survey: Young Taxpayers in the Dark on Tax-Related Benefits/

Issue 359 - March 12, 2007
Tax on Services-Tell Us What You Think/AICPA Urges Congress to Restrict Patents for Tax Strategies/FASB Private Company Group Announces Members/IRS Revises Offer in Compromise Application Form/Direct Deposit Refunds Top $100 Billion; Now They Can Be Deposited in up to Three Accounts/Deadline Approaching to Comment on GASB’s Intangible Assets Proposal

Issue 358 - March 5, 2007
MACPA Secures Extension,Phase-In for Mandatory Peer Review/Make Sure Your Voice Is Heard/News from the IRS: ATIP, Issues for Resolution, Schedule K-1 and More/State Launches New Website to Assist Displaced Workers

Issue 357 - February 26, 2007
President's Budget Includes 16 Tax Gap Legislative Proposals/10 Million Taxpayers Miss Out on Phone Tax Refunds; Almost Half Used Tax Preparers/Fraudulent Phone Tax Refunds, Abusive Roth IRAs Top the 2007 “Dirty Dozen” Scams/There’s Still Time to Submit Nominations for Crain’s CFO of the Year/Accounting Issue for Automobile Dealers To Be Addressed by Industry Issue Resolution Program/New Issue of CPA Exam Newsletter Available

Issue 356 - February 19, 2007
IRS Provides Tool for Telephone Excise Tax/State Filing Deadlines Posted to MACPA Web Site/Treasury, IRS Issue Guidance Helping Employers Transition to HSAs/FASB Standard Establishes Fair Value Option for Financial Assets and Liabilities/Webcast Explains New Attributed Tip Income Program (ATIP)/SEC Chairman Cox Announces $700 Million Fee Cut to Benefit Investors/Daylight Saving Time Happens Earlier This Year/Saving for Retirement Tops Consumer Financial Concerns, According to CPA Financial Planners

Issue 355 - February 12, 2007
Michigan Income Tax Deadline Set for April 17, 2007/IRS Announces Relief for Rank-and-File Employees with ‘Backdated’ Stock Options/IRS Moves to Prevent Telephone Tax Refund Abuse; Help Taxpayers Make Accurate Requests/Technology Survey: Information Security Management Remains Chief Concern/FASB Moves Forward on FIN 48/Requirement for Work-Time Documentation Continues for Non-Resident Detroit Taxpayers

Issue 354 - February 5, 2007
GAO Releases Anticipated 2007 Yellow/Book Revision/Gain Easy Access to IRS Contacts on New MACPA Web Site/Michigan Real Estate Brokers Group Settles Charges it Illegally Restrained Competition/Robert Half Names This Year's Hot Accounting and Finance Jobs/New Study Shows Advancement, Not Compensation, Is the Driving Factor for New CPA Recruits

Issue 351 - January 15, 2007
IRS, Treasury Issue Guidance on New Distribution Provisions of the Pension Protection Act/AICPA Suggests Guidance on Health Insurance Deductions/IRS Plans Feb. 3 Start Date for Processing Extender Claims

Issue 350 - January 8, 2007
Granholm Signs Bill Creating New Protection from Identity Theft/Board to Continue Forums on Auditing in the Small Business Environment in 2007/People to People Announces Fall 2007 Women in Accounting Program in South Africa

Issue 349 - January 2, 2007
Gramm Leach Bliley Act Exemption for CPAs/2006 Tax Season Resources Available on MACPA Web Site/IRS Implements Extenders Legislation/Federal Identity Theft Task Force Seeks Public Comment/SEC Amends Executive Pay Disclosure to More Closely Align with FAS/Treasury, IRS Issue Final S-Corporation ESOP Regulations/New Law Makes Health Care More Affordable, Accessible/GASB Proposal Would Establish Guidance for Intangible Assets/Michigan Treasury Launches New Web Site

2006

Issue 348 - December 18, 2006
State Treasury Clarifies E-File for Deceased Taxpayers, Home Heating Credits/Congress Passes Year-End Tax Legislation/AICPA/NASBA Issue Proposal to Improve CPA Mobility/SEC Votes to Propose Interpretive Guidance for Management on SOX 404/Further Relief From the Section 404 Requirements for Smaller Companies/Recent Tax Law Changes May Affect People Giving to Charity: IRS Offers Tips for Year-End Donations/GASB Proposal Would Enhance Disclosure Requirements for Governmental Pension Plans/New Passport Regulations Go Into Effect on January 23, 2007/Help Bring Tax Dollars Back to Detroit Residents; Volunteer for the 2007 Tax Assistance Program

Issue 347 - December 11, 2006
Tip Reporting Enrollment Deadline Approaches/Get the Number One Tax Handbook at a Discount/Refund Anticipation Loans Removed on Free File/FASB Proposes Improved Disclosures for Derivatives and Hedging Activities/Survey: Teens Feel Intense Pressure To Succeed — Even If It Means Cutting Ethical Corners

Issue 346 - December 4, 2006
Governor Unveils Pro-Growth Tax Plan; $150 Million Net Tax Cut for Michigan Businesses/New Guidelines for Payroll Deduction Contributions to Charities/Treasury, IRS Issue Guidance on Section 409A and Diversification Rights/GASB Requires Governments to Come Clean on Pollution Remediation Costs/AICPA Offers Practice Guide on Accounting for Uncertain Tax Positions Under FIN 48/PCAOB Approves 2007 Budget

Issue 345 - November 27, 2006
MAF Raffle Winner for Pistons Suite Announced/Peer Review Tips: Common Mistakes You Can Avoid/Expanded Enforcement Brought in Billions, Says Everson/FASB Proposes Staff Position on FIN 46(R)/Look Before You Leap: Survey Finds Tenure in Past Jobs Important Factor in Hiring Decisions/IRS Presents Partnership Award to AICPA for Disaster Assistance Initiative

Issue 344 - November 20, 2006
Tax Talk Today Panel Discussed New Corporate E-filing Threshold, E-services/PCAOB Chicago Forum Focuses on Auditing in the Small Business Environment/GAO Says Boosted E-File Mandate Could Save $60 Million Per Year/Businesses and Tax-Exempts Can Use Formula for Telephone Tax Refund/MAP Survey Results Available/Low-Cost Insurance Benefits Available for Members-Only

Issue 343 - November 13, 2006
IRS Provides Guidance on Per Diem Expense Reimbursements Paid by Employers/2007 Inflation Adjustments Widen Tax Brackets, Expand Tax Benefits/Get the Number One Tax Handbook at a Discount/Take a Chance at Winning Pistons Suite Package/Designing Web Sites That Stand Out

Issue 342 - November 6, 2006
Detroit Pistons’ Palace Suite Raffle is Back/SEC Charges Delphi Corporation and Nine Individuals/IRS Announces 2007 Standard Mileage Rates/GASB Publishes Comprehensive Implementation Guide/Survey Sheds Light on What's Key to Attracting, Keeping Young CPAs/AICPA Announces New Membership Category for Non-CPA Accounting Faculty

Issue 341 - October 30, 2006
Jimmy Williamson Elected Chair of AICPA/Get the Number One Tax Handbook at a Special Price/Peer Review FAQ: Does a sole practitioner who performs one audit for a local charity still need a peer review?/Strong Demand, Shortage of Skilled Accountants Lead to Rise in Compensation Levels/FASB Issues Proposed Final Staff Positions/Proposed Passport Card Would Facilitate Easier Travel to Canada from Michigan

Issue 340 - October 23, 2006
AICPA Releases Second Draft of Proposed Valuation Standard/PCAOB Issues Guidance on Auditing the Fair Value of Share Options/IRS Announces Pension Plan Limitations for 2007/IRS Formalizes Appeals Arbitration Process/GASB Seeks Comment on Fund Balance Reporting Project/Increase Efficiency With Web and Video Conferencing

Issue 339 - October 16, 2006
FASB Releases Guidance for Not-For-Profits/President Signs Bill Exempting CPAs from Gramm-Leach-Bliley/Comment on Second Draft of Valuation Standard by December 15/IRS Should Axe Tax Prep Cost Estimates,Says AICPA – Again/U.S. CEO Compensation: Abuse or Reward?/The State of Small Business Desktops

Issue 338 - October 9, 2006
CFO Economic Outlook Only Marginally Lower/Tax Technical Corrections Act Introduced/Treasury Extends Existing Transition Relief for Nonqualified Deferred Compensation/Phone Forum Will Clarify Tax Credits for Energy Efficient Homes/State’s Earned Income Tax Credit Applies to 2008 Taxes and Beyond

Issue 337 - October 2, 2006
FASB Improves Accounting for Defined Benefit Pension and Other Plans/GASB Clarifies Accounting for Sales and Pledges of Receivables and Future Revenues/New Program Helps Accounting Professionals Transition to Teaching; Scholarships Available/Michigan Educators Awarded Grants for Performance Measures Research/Active-Duty Reservists Get Relief on Retirement Plan Payments

Issue 336 - September 25, 2006
The MAF Announces The Rehmann Group 2007 Named Scholarship/Deadline Extended – One Week Left to Gather Books for Local Schools/Reminder: Michigan Tax Structure Survey Deadline Approaching/More than 12,500 Corporations E-filed 2005 Tax Returns/Granholm Signs Earned Income Tax Credit Into Law/Remote Managed Services Cut Costs For SMBs

Issue 335 - September 18, 2006
Michigan Treasury Launches Web-Based Practitioner Hotline/SEC Bulletin Addresses Misstatements/FASB Standard Provides Enhanced Guidance for Measuring Fair Value/MACPA Awards Dinner Celebrates Outstanding Individuals and Organizations/New Year Begins for Free Annual Credit Report Program

Issue 334 - September 11, 2006
Glaxo will Pay IRS $3.4 Billion in Tax Dispute/SEC Will Take Second Look at Director Nomination Rule/Clean Your Kids’ Bookshelves to Benefit Detroit Schoolchildren/Renew Your Membership Online Today. It’s Fast and Easy/Race for the Cure: Congrats to MACPA Team/Going Wireless in a Small Office

Issue 333 - September 5, 2006
IRS Creates Standard Phone Tax Refunds/CPAs Analyze the Impact of President’s Pension Protection Act/New GASB Project Will Expand Pension Plan Disclosure/Renew Your Membership Online Today. It’s Fast and Easy/Granholm and Senate Agree on EITC for Michigan Families/Michigan Treasury Seeks Input on Systems Update/Deploying VoIP the Right Way

Issue 332 - August 28, 2006
Beware of Tax Scams as Private Collection Begins/Timing Is Important to Meet New Peer Review Requirement/Michigan Treasury Seeks Input on Systems Update/MAP Survey Deadline Is Friday

Issue 331 - August 21, 2006
New MACPA Pamphlet Explains Peer Review Requirement/GASB Defines the Seven Elements of Governmental Financial Statements/Proposed Regulations Issued for Capitalization of Tangible Assets/Maintain Your Excellent Member Benefits
by Renewing Your Membership

Issue 330 - August 14, 2006
SEC Extends Section 404 Relief to Smaller Public Companies/New Research Project Designed to Better Understand Users’ Perceptions of Audit Report/Reach 1.3 Billion with Trade Mission to China/Federal Court Bars Michigan Tax-Return Preparers

Issue 329 - August 7, 2006
West Michigan Tax Restructuring Panel Slated for August 10/IRS Launching Online Payment Agreement Application/New Regs Issued on Tax Treatment of Services Under the Transfer Pricing Rules/Accounting Profession Supports New Law Prohibiting States From Taxing Nonresident Partners’ Retirement Income

Issue 328 - July 31, 2006
Tax Practitioners Question Planned Methods to Curb Malpractice/E-file Available through October 16/IRS Announces New Tip Reporting Program/MACPA Affinity Partner Offers Affordable Insurance Plans

Issue 327 - July 24, 2006
The New York Times Reports IRS to Cut Tax Auditors/IRS Releases Final Draft Schedules M-3 for 2006/FASB Formally Adds Project to Reconsider Lease Accounting/Eighteen Michigan CPA Ambassadors Trained

Issue 326 - July 17, 2006
IRS Headquarters: Closed for Months/FASB Increases Relevance, Comparability of Financial Reporting of Income Taxes/National Taxpayer Advocate Releases Report to Congress Identifying Priority Issues for Upcoming Year/Michigan Web Applications Make it Even Easier to Run or Start Up a Business

Issue 325 - July 10, 2006
New COSO Guidance Aids Smaller Public Companies With Internal Controls/IRS Renews E-mail Alert Following New Scams/GASB Bulletin Clarifies Reporting of Medicare Part D Payments/Survey Says CFO More Confident About Technology, Financial Reporting

Issue 324 - June 26, 2006

Issue 323 - June 19, 2006

Issue 322 - June 12, 2006

Issue 321 - June 5, 2006

Issue 320 - May 29, 2006

Issue 319 - May 22, 2006

Issue 318 - May 15, 2006

Issue 317 - May 8, 2006

Issue 316 - May 1, 2006

Issue 315 - April 24, 2006

Issue 314 - April 17, 2006

Issue 313 - April 10, 2006