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Fed officials have voted unanimously to hold interest rates steady, and indicated that no more hikes will happen in 2019.

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UHY LLP (UHY) today announced that Betina Dufault has joined the firm as the National Director of Financial Reporting and Quality Control. As a member of UHY’s national office, Dufault acts as a technical resource for the firm’s significant audit practice, consulting with our client service professionals as they adopt new audit procedures and review new accounting principles. Dufault also oversees the firm’s extensive quality control and internal inspection programs and will facilitate external inspections conducted by AICPA peer reviewers, the Public Company Accounting Oversight Board (PCAOB) and the United States Department of Labor (DOL).

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UHY Advisors, Inc. (“UHY Advisors”), one of the nation’s leading professional services firms, today announced that James Daniels, one of the firm’s managing directors, has been elected to join the firm’s board of directors.

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Michael Burke, Managing Director, offered insight on the key accounting errors to look out for this tax season in “Pulling Back The Curtain On Corporate Finance Reports.

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The Tax Cuts and Jobs Act is the biggest tax reform in 30 years and still a very new concept for Congress, the IRS and other regulatory bodies. The analysis and interpretations of each of the different areas of the new legislation are very much still evolving. Some of these areas are extremely complex.

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Senator Sylvia Santana has introduced a bill that aims to add females to the boards of publicly held companies. The bill would require a minimum number of female board members of publicly held corporations, and would apply to both domestic and foreign corporations with principal executive offices in Michigan.

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Our Kansas City office was recently featured in The Platte County Citizen Complete County Coverage.

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We all know how important the well-being of the Great Lakes are to Michiganders. Currently, there is a potential threat of an oil spill that could destroy hundreds of miles of shorelines and damage lakes due to 65 year old twin crude oil pipes that are located at the bottom of the straits of Mackinac.

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On Dec. 12, 2018, The Michigan Legislature made a significant change to the Michigan Construction Lien Act, which will take immediate effect, to allow for design professionals, defined as architects, professional engineers, servers, and their subcontractors, to now record liens for design services performed prior to the first physical improvement made to a property.

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Tax year 2018 has wrapped up, and tax return filing season has begun. This is the first year the new tax laws put into place in December 2017 took effect. There are several items that could affect construction contractors.

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