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CT Eyes $25M Expansion Of R&D Tax Credit Program

April 08, 2026

Small businesses that invest in innovation could get a financial boost under a proposal currently under consideration in the Connecticut General Assembly.

  • advocacy - state

Financial literacy courses are expanding in CT, thanks to new requirement

April 07, 2026

Stamford classroom now features a stock ticker, thanks to a $150K grant from financial services company Synchrony.

  • personal financial planning
  • advocacy - state

M&A deals need at least two years to reach expected ROI, CFOs say

April 07, 2026

But full-scale “cultural integration” is likely to take much longer, according to a survey by consulting firm RGP.

  • business and industry
  • practice management

Tong: Beware Investment Schemes Across Social Media Platforms

April 07, 2026

Attorney General William Tong has issued a consumer alert to warn Connecticut about the prevalence of fraudulent investment schemes proliferating across Meta platforms, including on Facebook, Instagram, and WhatsApp. Scammers are increasingly using deceptive advertisements and “deepfake” technology to lure investors into high-stakes scams to defraud them of their savings, Tong said. These scams include “pump and dump” scams, confidence scams, and fraudulent cryptocurrency schemes that take advantage of victims to extract as much money from them as possible.

  • personal financial planning
  • technology and cybersecurity

FASB Chair Adds Research Project on Current Trends and Emerging Issues—Data Infrastructure Investments and Non-Traditional Lending to Be Covered

April 06, 2026

Rich Jones, chair of the Financial Accounting Standards Board (FASB), today added a new research agenda project to monitor current trends and emerging issues and solicit stakeholder feedback to evaluate the continuing relevance of FASB standards and identify potential improvements. Research projects are added to the research agenda by the FASB chair to collect more information for the Board in areas for potential standard setting.

  • accounting and auditing

Tax Time Brings Surprises For Some Who Receive ACA Subsidies

April 06, 2026

Tax time can come with big surprises for some people who have Affordable Care Act coverage, including owing money back to the government for premium subsidies received during the previous year.

  • federal tax

IRS tapped Inflation Reduction Act funds to cover 2025 filing season, watchdog says

April 03, 2026

The IRS dipped into its supplemental funding from the Inflation Reduction Act of 2022, P.L. 117-169, to “deliver a successful filing season” in fiscal year 2025 because its annual appropriation was not enough, an IRS watchdog’s report said.

  • advocacy - federal
  • federal tax

Despite global job insecurity, some young workers are upbeat

April 02, 2026

Fewer than one in four employees are confident their current job is safe, according to a global survey. Worker engagement is tied to development opportunities, which are inconsistent across age groups.

  • business and industry
  • career resources
  • practice management

Fewer Americans Have Put Off Decisions for Financial Reasons

April 02, 2026

A Financial Literacy Month survey conducted by The Harris Poll on behalf of the American Institute of CPAs (AICPA) shows financial pressures easing slightly, as the share of Americans delaying decisions for financial reasons in the past year dropped from 61 percent in 2025 to 55 percent in 2026.

  • personal financial planning

Appropriations Committee Ups Lamont Budget Proposal By $147M

April 01, 2026

The budget revisions that passed the Appropriations Committee Tuesday increased Gov. Ned Lamont’s proposed spending plan by $147.6 million, but remained under the state budget spending cap. Achieving that, though, required a bit of fiscal maneuvering.

  • advocacy - state

CT on pace for tiny $6 million budget deficit, Comptroller projects

April 01, 2026

State savings would solve the problem many times over.

  • advocacy - state

CT Senate Republicans Roll Out $1.5B Tax Cut Plan Dems Call Empty Promise

April 01, 2026

Senate Republicans once again pitched the idea of wide-ranging tax cuts and credits Wednesday, the day after Democrats unveiled a $25.6 billion budget for 2026-27.

  • advocacy - state

Elder fraud rises as scammers use AI

April 01, 2026

Learn how CPAs can help protect the elderly against the growing threat of artificial intelligence-powered scams using deepfakes and voice cloning.

  • personal financial planning
  • technology and cybersecurity

Fortune’s 2026 ‘100 Best Companies to Work For’ Includes Several Accounting Firms

April 01, 2026

Fortune Magazine unveiled its "100 Best Companies to Work For" on April 1, and five accounting firms with a Connecticut presence made the list: Deloitte, EY, PwC, KPMG, and BDO USA. All five of those firms made Fortune‘s top 100 companies ranking last year as well.

  • career resources
  • member news
  • practice management

4 million children have been signed up for Trump Accounts with 1 million claiming the $1,000 pilot program contribution

March 31, 2026

The Internal Revenue Service today announced that taxpayers have signed up more than 4 million children for tax-favored Trump Accounts, of which more than 1 million children are covered by elections for the $1,000 Trump Accounts pilot program contribution. Eligibility for the $1,000 pilot program contribution depends on when the child was born.

  • personal financial planning
  • federal tax

CT finance panel keeps Lamont tax rebate plan in play

March 31, 2026

But also asks fiscally moderate governor to boost taxes on wealthy households

  • advocacy - state

Legislature’s $29B spending plan sets up negotiations with Lamont

March 31, 2026

Appropriations Committee plan relies on accounting maneuver to stay under spending cap

  • accounting and auditing

PCAOB Requests Public Comment on Strategic Priorities

March 31, 2026

At an open meeting held today, the Public Company Accounting Oversight Board (PCAOB) issued a request for public comment(PDF) seeking input regarding the PCAOB’s strategic priorities.

  • accounting and auditing
  • advocacy - federal

Poll: Increasing Number Of Americans Use AI, But They Don’t Trust It

March 31, 2026

More Americans than ever are using artificial intelligence for research, data analysis, medical advice and even companionship. But that doesn’t mean they trust it or even view it positively.

  • technology and cybersecurity

CT House Republicans say a one-time tax rebate is not enough

March 30, 2026

The Republican minority in the Connecticut House of Representatives took a step toward compromise Monday with Gov. Ned Lamont, pitching a middle-class income tax cut worth up to $350 per filer and a new option to pay for it without jeopardizing other state programs.

  • advocacy - state