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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....
CT scholars owe major dollars
Connecticut college students bear the highest per-capita student-loan debt in the nation, according to a new survey by Notesolution Inc., which publishes the student resource website OneClass. College seniors in Connecticut graduate with an...
Congress Passes Sweeping Overhaul of Retirement System
Congress passed the most significant changes to the nation’s retirement system in more than a decade, a move designed to help Americans save more.
GoFundMe: CT is the sixth most generous state
The crowdfunding website GoFundMe says Connecticut is among the most generous states when it comes to donating to fundraising campaigns it hosts. This year, Connecticut produced the sixth highest number of donations per capita of any state to...
48% Of Companies That Offer Year-End Bonuses Plan To Increase Them, Survey Finds
Many workers will be bringing home fatter paychecks this month, suggests new research from global staffing firm Robert Half. More than three-quarters of senior managers polled (76%) said their company offers year-end bonuses. Of those...
Final regulations confirm: Making large gifts now won’t harm estates after 2025
The Treasury Department and the Internal Revenue Service today issued final regulations confirming that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018 to 2025 will not be adversely impacted...
How retired CPAs can stay connected to the profession
Volumes of research suggest that volunteering in retirement is one of the best ways to feel connected, and keep your brain sharp. It can also give you a sense of purpose, as longtime volunteer George Krull, CPA, CGMA, Ph.D., can attest. Though...
Machine learning is changing asset management
Machine learning is making inroads into every aspect of business life and asset management is no exception. Here are six ways in which machine learning has transformed the field – from the feel of the trading floor to the ideal skillset.
IRS provides tax inflation adjustments for tax year 2020
The Internal Revenue Service today announced the tax year 2020 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2019-44 (PDF) provides details about these...
401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500
The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced this and other changes in Notice 2019-59 (PDF), posted today on IRS.gov. This guidance provides...