Whether you're a sole practitioner or run a large tax firm, the AICPA's "Tax Practitioner's Marketing Toolkit" is filled with client letters and surveys, presentations, brochures, and more! Show your clients that you're a tax pro - download your resources today. (Note: You must be an AICPA member to download the toolkit.
The financial and human cost of loneliness in retirement
Social isolation and loneliness are not topics most CPA financial planners focus on when working on a client's retirement plan, but they are important to address. Isolation and loneliness can have serious emotional, social, and financial...
What Matters to Your Millennial Clients?
Did you know that over half of millennial business owners in the United States do NOT have a 4-year degree? With skyrocketing tuition and the ‘student loan debt crisis’, it is not surprising that many of us have chosen alternate paths. Taking the...
Orphan Firms: The Looming Threat to Monetizing Your Lifetime of Work
For years there has been in place at many CPA firms an exit strategy based on an easy-to-accomplish “I’ll merge up when I’m ready.” This notion went along with the strong belief by managing partners that they’ll just...
How to coach and retain Millennial workers
If your company’s staff turnover starts rising without any sign of slowing down, what would you do to alleviate the situation? Here’s a case of how Catherine Wong, a consultant at Hong Kong-based Chorev Consulting, worked with a midsize...
HBJ names 2020 Best Places to Work finalists
The Hartford Business Journal has named the finalists for its 2020 Best Places to Work in Connecticut awards. The finalists were vetted and chosen by the Best Companies Group, a third-party research firm based out of Harrisburg,...
2020’s top business risks
A business risk deemed critical by an organisation’s CFO might not even be on the radar of the CEO. That particular scenario may demonstrate a lack of communication in the C-suite, but it’s no hypothetical. An annual survey report on risk shows...
2020s vision: Tech transformation on tap
Accountants have heard for the past few years that technologies such as blockchain and artificial intelligence (AI) will bring radical transformation to the profession, changing everything from how audits are conducted and firms are structured to...
5 New Year’s resolutions you should be making about time management
You likely already have too much to do, too many goals, too many unfinished projects, and too many disappointments from this past year. So as you look ahead to 2020, the idea of adding more seems kind of exciting but also a bit daunting....
These 6 Tech Tools Will Help You Actually Keep Your 2020 New Year's Resolutions
It’s 2020, a brand new year, and you know what that means: Resolutions you’ll definitely keep this time! Yes, you know you can change your habits and hit the gym first thing tomorrow, or begin your library book binge as soon as you’re done...
AICPA Targets Technology and Core Skills with CPA Exam Practice Analysis: Invitation to Comment Open Until April 30, 2020
The American Institute of CPAs (AICPA) recently published an Exposure Draft and Invitation to Comment following the completion of a months-long Uniform CPA Examination (Exam) practice analysis. The project focused on the impact data analytics and...

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    Connecticut CPA magazine feature
Women in CPA Firm Leadership

By Joseph A. Tarasco, Chief Executive Officer and Nancy A. Damato, President, Accountants Advisory Group, LLC 

Today, women represent more than 50 percent of accounting graduates and female leaders in public accounting are much more prevalent than 20 years ago, but women still only represent approximately 20 percent of partners in the nation.



Pre-Merger Employee Integration and Retention

By Paul N. Iannone, JD, CPA, MST, Founder, Tax Career Advisor LLC and author, “Extraordinary Tax Career.”

A merger of firms can be fraught with employee disruption and anxiety. The business of employee retention and integration should really begin during the merger talks. Dealing with this important issue only during the post-merger period ignores the reality that firm culture comprises both “leadership culture” and “employee culture.” Anticipating the employee’s vision and perceived alignment of values and mission of the combined firms is a critical ingredient that should play a significant role in merger negotiations.  


    Connecticut CPA magazine feature
Is Your Organization NextGen-friendly?
What you need to know to engage tomorrow’s leaders today

By Brianna Johnson

It’s an employees’ market and young CPAs have options. Whether they wish to work in public accounting, industry, government, educational institutions, or start their own firms, opportunities abound. Because young CPAs are in high demand, firm and organization leaders must identify areas where their strategy, processes, and culture are not “NextGen-friendly,” and take steps to make their organizations more attractive to young CPAs.


Defending Against a Succession Planning Crisis

By Joe Tarasco, Accountants Advisory Group, LLC

A succession crisis is occurring at public accounting firms across the country, driven by the vast numbers of Baby Boomer partners who will be retiring in droves over the next 10 years. Many CPA firms wish to remain independent, but few of them have completed and implemented formal plans to ensure their legacy.


    How the Baby Boomer Retirement Wave is Creating Opportunities and Challenges for Everyone in the Accounting World

By Carl R. Johnson, CPA, President, CRJ Consulting

This aging of the baby boomers is creating a unique period of time for CPA firms in the United States, New England, and right here in Connecticut. For the next decade or so, there will be excellent opportunities for future employees, present employees, and firm owners – but those opportunities also come with major challenges for those same three groups.