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Insurance Commissioner Knocks Down Rate Hikes, Reduces Rates On Some Plans
Insurance Commissioner Katharine Wade reduced the average rate increases proposed by two private health insurance companies from 12.3 percent to 2.72 percent Thursday.
CBIA: Unemployment benefit hike a concern
Connecticut may diminish its Unemployment Trust Fund faster than expected when the state labor department raises its weekly unemployment benefit by $18 next month, the state's largest business lobby said. On Oct. 7, the state Department of...
Why Technology Won't Hurt Client Relationships
For years, accountants have worried that advances in technology will erode the relationship they have with their small business clients, but new research indicates that most actually plan to grow their relationship with their accountant.
Tax Security 101 – Tax professionals victimized by data thefts offer hard-won security lessons to colleagues
As cybercriminals continue to increasingly pursue tax professionals’ data, the Internal Revenue Service and the Security Summit partners today released lessons learned by victims in the tax community to help others avoid being targeted by...
Move Over Millennials, It’s Gen Z’s Turn to Kill Industries
Millennials have been accused of killing so many products and industries—taxis, landlines, snail mail—that it’s become a media trope. But millennials are old news. Today, businesses and marketers are desperately anticipating the murderous whims...
What the IRS Is Doing About Data Security
As data breaches and fraudulent tax returns have become tougher to detect by states and the IRS, the agency is ratcheting up its focus on protecting client data and, moreover, tax preparers who are lax will be in violation of federal law.
Meeting Of The Minds: Workers And Executives Dread Wasted Time, Disengagement
Love 'em or hate 'em, meetings are an essential platform for sharing information, brainstorming new ideas and collaborating as a team. But are they always necessary? It doesn't seem so, finds new research from Accountemps. Professionals surveyed...
Beyond The Numbers: Financial Executives' Roles Continue To Expand
Financial leaders continue breaking the mold and expanding their influence throughout their organizations. In a Robert Half Management Resources survey, finance executives most frequently reported their roles have grown over the past three years...
Beyond robotics: How AI can help improve the audit process
The CPA profession has been hearing a lot about Robotic Process Automation (RPA), a software technology that can help auditors sift through structured data.
CPAs’ top 5 questions about blockchain, cryptocurrencies
Tax ramifications, smart contracts, and job security are among the issues top of mind for accountants.