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Multiple Challenges Coming With New Lease Accounting Standard
With a new lease accounting standard looming on the 2019-20 horizon, many companies are scrambling to plan for the transition, whether in advance of the deadline or on-time. Public companies need to adopt the new standard by Q1 2019 for most...
How Accountants Can Get Ahead in the Automation Age
ccountants, it’s time to keep up or fall way behind. Better yet, learn how to get and stay ahead. Because, while change has been a constant for decades – thank you, Bob Dylan – it’s reaching warp speed. That’s the overarching message of a new...
What to Know About Summer Child Care Expenses
If you’re married and working with young children, during the school year your kids are occupied most of the workday, but who looks after them in the summer? You should know there’s a silver tax lining for this extra cost. Generally, you...
HUD’s Carson commits to helping residents with crumbling foundations
On an early morning last winter, Maggie and Vincent Perracchio thought someone dropped something when they heard a loud bang in their house. The noise was actually a reverberation of a new vertical crack in a wall of their basement—one that had...
Crowe Horwath LLP becomes Crowe LLP
The change became effective on June 4.
Filomeno & Company Merges into Marcum's New England Region
The entire Filomeno team of four partners and 13 associates will join Marcum.
Gov. Malloy Announces Plans to Appoint Scott Jackson as Commissioner of Revenue Services
The Governor will appoint Scott Jackson, who is currently the Commissioner of the Connecticut Department of Labor (CTDOL), to serve as Commissioner of the Department of Revenue Services (DRS).
2018 DRS Legislative Wrap-Up
State tax legislation passed during the 2018 Regular Session included the following provisions. Many of these changes are still waiting for the governor’s signature.
IRS Issues Notice on State, Local Tax Deductions
The U.S. Department of the Treasury and the Internal Revenue Service issued a notice today stating that proposed regulations will be issued addressing the deductibility of state and local tax payments for federal income tax purposes. Notice...
IRS Issues New Strategic Plan; Five-Year Plan's Goal to Help Taxpayers
Source: IRS May 23, 2018 WASHINGTON –– The Internal Revenue Service today released a new five-year Strategic Plan outlining goals to improve taxpayer service and tax administration. The Fiscal Year 2018-2022 IRS Strategic Plan will...

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