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Articles

New chapter in governor’s race opens Wednesday
The first opportunity for side-by-side comparisons of Democrat Ned Lamont and Republican Bob Stefanowski, each a businessman trying to become Connecticut's next governor without significant government experience, will come Wednesday night on the...
AICPA, NASBA and Prometric Announce U.S. CPA Exam to Be Administered in Europe
The American Institute of CPAs (AICPA), the National Association of State Boards of Accountancy, and Prometric are pleased to announce the administration of the Uniform CPA Examination® (Exam) will be expanded to test sites in England, Germany,...
Kask shepherding BlumShapiro into technical age
At BlumShapiro, the largest New England-based accounting shop by revenue, advances in technology are adding new capabilities and shifting how the company does business, Chief Executive Officer Joseph Kask said during a recent interview at the...
CT ramps up efforts to collect online sales tax revenues
Back in June, a Supreme Court decision overturned a long-held standard that no state can collect sales taxes from e-commerce businesses that lack a physical presence, or "nexus," within its borders. That was a week after Gov. Dannel P. Malloy...
Lembo pushes back on Malloy's prediction of budget surplus
Connecticut's chief fiscal watchdog slammed the brakes Tuesday on Gov. Dannel P. Malloy's assertion that the new state budget is on its way to another surplus. Comptroller Kevin P. Lembo concluded in his monthly budget assessment that state...
Wall Street warns new federal tax rules could boost CT’s borrowing costs
The new federal cap on income tax deductions could translate into higher interest costs for Connecticut and other wealthy states when they borrow for school construction and other capital projects, a Wall Street credit rating agency warned...
Women Get Ready For November
There are a record number of female candidates running for office in Connecticut this year. Of the 243 grants clean election grants awarded this year, 101 went to female candidates. But will that mean more women will win elected office? That...
Record Year for Public Financing in Connecticut
There are more candidates running for office in Connecticut this year than any other year and a record number of them are using the Citizens’ Election Program. So far there have been 317 applications submitted for public financing grants this...
Malloy Appeals FEMA Denial of Assistance for May Tornadoes
Gov. Dannel P. Malloy this week filed an appeal with the Federal Emergency Management Agency to reconsider its decision denying individual assistance to homeowners in New Haven and Fairfield counties who suffered losses from severe storms on May 15.
Connecticut starting to beef up its meager fiscal cushion
Next month, Connecticut will officially record its largest budget reserve in a decade — but $1.2 billion doesn’t go as far as it used to. According to a new analysis of all states’ rainy day funds released this week by the Pew Charitable...

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