News
For CFOs, Digital Transformation Requires Letting Go
June 08, 2022
Finance will have to learn to trust technology more and obsess over data accuracy less, say Gartner analysts.
Younger workers to employers: Increase pay and social awareness
June 08, 2022
The latest annual Deloitte Gen Z and Millennial survey rates cost of living, climate change, and work/life balance among younger workers’ top concerns.
7 Core Skills of Great CFOs
June 06, 2022
Communication, data analysis, and tech savvy are just some of the core skills needed to further the company's mission.
CironeFriedberg's Adam O'Feeney Wins 40 Under Forty Award
June 06, 2022
Adam O’Feeney, CPA, and senior manager at CironeFriedberg, LLP, joins the prestigious list of accomplished awardees of the 2022 Fairfield County 40 Under Forty award.
Set Boundaries and Timelines Before Tax Season
June 06, 2022
When accountants and tax pros accept all client demands and fail to establish clear boundaries, they risk taking on more work than they can handle and typically at low pay. And during a crazy tax season, it’s far too easy to run yourself ragged and neglect your own needs.
How to Advise Clients Who Use Cryptocurrency
June 02, 2022
You might have business-owning clients who are using or thinking about using cryptocurrency in their business transactions, and these clients will need your expertise to deal with crypto tax compliance and to make strategic moves.
Is a career coach for you?
June 02, 2022
Before the COVID-19 pandemic, career coach Amber Setter worked with ambitious clients who were on an energetic career path, vying for promotions in their organizations by increasing productivity and working long hours.
24 Fun Pride Month Ideas for the Office in 2022
June 01, 2022
Celebrants in the US, Canada, Brazil, Hungary, Australia, and Greenland observe Pride month in June. Examples of Pride Month ideas for the office include LGBTQ+ historic sites and landmark visits, charity donations, and office decorations. These activities aim to help teams reflect on sexual orientation inequities. Pride Month office activities will also help your workforce make meaningful actions in eliminating workplace discrimination.
Crypto crater prompts new tax headaches
June 01, 2022
The plunging value of many cryptocurrencies and nonfungible tokens has led to worries about the tax implications faced by crypto investors and companies.
Plan For Your Last Busy Season
June 01, 2022
Even if your plans are years down the road, you must start mapping out an effective succession or transition plan early to enable you to realize the full value of the work you put into your firm.
Susan Martinelli of RSM US LLP Honored with CPA Society Leadership Award
May 31, 2022
The Connecticut Society of Certified Public Accountants (CTCPA) honored Susan A. Martinelli, CPA of Southington with the 2022 Jack Brooks Leadership Award recently at the CTCPA Annual Meeting.
IRS upgrades 'Where's My Refund' tool to track refunds for two years
May 25, 2022
The Internal Revenue Service has enhanced its “Where’s My Refund?” online tool, introducing a new feature this week that enables taxpayers to check the status of their current tax year and tax refunds for the two previous years, as the agency continues to come under fire for processing backlogs from 2021.
How Millennial CPAs Are Building Their Own Firms
May 23, 2022
Working a traditional 9-to-5 job has its benefits, but one-third of millennials are finding corporate policies don't meet their needs. To help older accounting professionals bride the generational divide, four CPAs explain why their decided to start their own accounting firms and offer insight into what today's talent is looking for from their employers.
What is the Juneteenth Holiday? Everything You Need to Know
May 23, 2022
Beginning in 1866, people have held annual celebrations commemorating the emancipation of slaves in the United States. Some states and cities have officially recognized Juneteenth, the name by which the date is most referred, for many years. However, it was not until 2021 that Juneteenth became a federal holiday and either officially recognized or made a state holiday in almost all states.
Connecticut Society of CPAs Elects 2022-2023 Leadership
May 12, 2022
The Connecticut Society of Certified Public Accountants (CTCPA) has elected and installed its Board of Directors for the 2022-2023 activity year.
IRS commissioner to senators: ‘Our efforts are working'
April 08, 2022
IRS Commissioner Charles Rettig updated members of the Senate Finance Committee Thursday on the Service's performance in the soon-to-be-concluded tax filing season, as well as longer-term assessments of its efforts to modernize its operations, fill staffing gaps, and improve taxpayer service and enforcement.
Harper & Whitfield, P.C., CPAs Advances Rebecca B. Zappone, CPA, MST of Plymouth to Principal
March 29, 2022
Harper & Whitfield is fortunate to have Becky join the leadership team and continue as an integral part of its forward-thinking and success for years to come. The firm recognizes the dedication and hard work that Becky has consistently demonstrated, while providing excellent client service, managing the completion of numerous important internal administrative projects, and serving as a go-to resource throughout the firm.
Connecticut CPA Magazine Excerpt - Financial Planning and Analysis Tools: Your Organization's Crystal Ball
March 28, 2022
By Jim Norton, CPA, GRF CPAs & Advisors Budgeting. Planning. Budgeting and planning. Financial planning and analysis. FP&A. Projections. Models. Forecasts. Pro formas. These are just a handful of terms that are often used interchangeably when talking about the process of analyzing an organization’s financial position. The buzz phrase that seems to resonate most with people lately is financial planning and analysis, or FP&A.
IRS continues work to help taxpayers; suspends mailing of additional letters
February 11, 2022
As part of ongoing efforts to provide additional help for people during this period, the IRS announced today the suspension of more than a dozen additional letters, including the mailing of automated collection notices normally issued when a taxpayer owes additional tax, and the IRS has no record of a taxpayer filing a tax return.
IRS identifies paused taxpayer notices
February 11, 2022
The IRS announced Wednesday in a news release the letters and notices it will not send taxpayers as it works through its backlog of unprocessed prior-year returns.