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.
 
Democratic Plan Would Require Sexual Harassment Training At Most Companies In Connecticut
Senate Democrats introduced the Time’s Up Act, a proposal that would significantly alter the way Connecticut handles and combats sexual harassment and sexual assault in the workplace.
Sending out client engagement letters? Consider including language relating to electronic data and digital currencies
Do you store data in the cloud and/or e-file your clients’ returns? Do your clients deal with virtual currencies? Here’s some language to consider including in your engagement letters courtesy of CTCPA member John F. Raspante of CPA...
CTCPA member Ross Riskin published in Journal of Accountancy: Help clients balance retirement and education planning
Many clients are now approaching their retirement years while simultaneously preparing to send children to college. They often struggle with the question of whether to prioritize saving for retirement or helping their children afford higher...
Skills that help accounting professionals succeed alongside AI
There’s some understandable concern these days about the possibility that increased use of artificial intelligence (AI) will lead to job losses among accounting and audit professionals.
Member Leslie Zoll of BlumShapiro wrote "Inspiring young workers to enter public service" for the Hartford Business Journal
On the day he was elected President of the United States, Barack Obama delivered a message to the young people of America, saying, "Change will not come if we wait for some other person or some other time. We are the ones we've been waiting for....
Three things more important than tax reform in 2018
Your phone’s already ringing. Clients want to know how the new tax law will impact them. This is understandable, but don’t worry if you aren’t ready to answer their questions just yet It’s a big law and the IRS has yet to provide even the most...
Robert Half: 29 Percent Of Workers Plan To Look for New Job In 2018
Workers may be thinking "new year, new job," according to a survey from staffing firm Accountemps. Approximately three in 10 (29 percent) professionals plan to look for a new position in the next 12 months. And of the 27 markets surveyed, Los...
IRS Warns Employers of Form W-2 Scam
The Internal Revenue Service, state tax agencies and the tax industry today urged all employers to educate their payroll personnel about a Form W-2 phishing scam that made victims of hundreds of organizations and thousands of employees last year.
Executives Report on Benefits of Being a Mentor
Mentors give their protégés a career boost — and receive one in return, suggests a Robert Half Management Resources survey. Thirty-eight percent of CFOs who have served as a mentor said the greatest benefit is the opportunity to improve...
CTCPA Executive Director Bonnie Stewart interviewed for Hartford Business Journal article: Accounting industry deals with tax overhaul, talent shortage
Q&A talks with Bonnie Stewart, executive director of the Connecticut Society of CPAs, on the impact of federal tax reform and other issues impacting the accounting industry.

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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.

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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.  

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    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.

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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.

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    Connecticut CPA magazine feature
Making Work Work for the 21st Century: Exploring the Benefits of Workflex

By Cassidy J. Solis, Workplace Flexibility Program Specialist, Society for Human Resource Management

The 21st century workplace requires policies and practices that are responsive to employee needs and enable them to have more control over how they accomplish their work and responsibilities. That’s why top employers are making effective and flexible work – or “workflex” – a fundamental part of their strategy to attract and retain the best talent.

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    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.

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How to Make the Most of a Multigenerational Workforce 

By Deanna Arteaga, AccountingWEB

Today’s workforce is decidedly multigenerational: If you walk into any office or firm, on any given day, you’ll find baby boomers on the cusp of retirement working side-by-side with Generation Xers staking out new leadership roles and millennials eager to make their mark. 

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Ten Tips to Get the Most Out of Your Firm Planning Retreat

By Gary Adamson, CPA, Adamson Advisory

Another tax season is over and many CPA firms are turning their attention to scheduling their annual planning retreat. If you're not one of them then I encourage you to become one; planning retreats are a critical part of firm management and strategy.

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Strategic Planning in Your Firm – It Lives or Dies With Implementation

By Gary Adamson, CPA, Adamson Advisory

As we wrap up another tax season it’s time to think about strategic planning for our firms. Most CPAs are pretty effective and accomplished in the planning process. We invest the time and money in a retreat, we focus on the future, get lots of ideas on the table, agree on objectives and goals for the next year, commit to an action plan and sincerely want to move the firm forward. But what happens to all of the good intentions after we leave the retreat?

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Predictions for 2017 and Beyond

By Joe Tarasco, Accountants Advisory Group, LLC

The firms that will take full advantage of the huge opportunities for the accounting profession in 2017 and beyond will be those that attract and retain the best staff, offer more formal advisory and solutions-oriented services, and control their direct labor costs through process improvements and financial management of engagements.

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What You Need to Know as Gen Z Enters the Workforce

By Ken Tysiac, Journal of Accountancy

Members of the new generation entering the workforce are fiercely independent, extremely competitive, and motivated by a fear of missing out on things, according to generational expert David Stillman.

Born from 1995 to 2012, the first members of Generation Z—who succeed the Millennials—are graduating from college.

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  Connecticut CPA magazine feature
College Funding Advice: Should it Be Part of Your Practice?

By John F. Pearson, CPA, CASL, Barnum Financial Group

The average CPA in public practice in Connecticut is in his or her 50s. This means that, for most of us, paying for college for our kids is a present (or recent) reality – one that most of us would likely just as soon forget.  You’ve got a lot of clients who feel the same way.

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