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Advocates Divided About 2026 Legislative Session

May 11, 2026

While two large advocacy organizations said they were mostly pleased with the General Assembly’s work this year, business and grassroots citizen groups said lawmakers didn’t do enough to ease the burden on those feeling the pressure of higher energy and healthcare costs.

  • advocacy - state

AI helps firms with efficiency, but most don’t trust it to drive growth

May 11, 2026

Overcoming today’s weighty business challenges demands a re-assessment of automation’s cutting edge, EY counsels.

  • business and industry
  • technology and cybersecurity

AICPA Urges IRS to Issue Guidance to Regulation Affecting Tax-Exempt Organizations

May 08, 2026

In a letter submitted to the Internal Revenue Service (IRS), the American Institute of CPAs (AICPA) requested Treasury and IRS provide guidance addressing Section 4960, which was amended last year by the OBBBA (One Big Beautiful Bill Act). Section 4960 imposes an excise tax on applicable tax-exempt organizations (ATEO) equal to 21 percent of the remuneration in excess of $1 million paid to “covered employees” of the ATEO.

  • accounting and auditing
  • advocacy - federal
  • federal tax

CP53E notice tied to paper-check transition causes confusion

May 08, 2026

Fraudulent or legitimate? In error or correct?

  • federal tax

‘Job Well Done’ — Lamont Cites Budget, AI Bills After 2026 Legislative Session Ends

May 07, 2026

Gov. Ned Lamont congratulated the state legislature for a job well done Thursday, about 12 hours after the final gavel came down ending the 2026 session.

  • advocacy - state

With Session Over, Here Are Some Bills That Didn’t Make It Through The Legislature This Year

May 07, 2026

A day after the 2026 legislative session ended, state officials were still sorting through the dozens of bills that passed the General Assembly. Gov. Ned Lamont praised the legislature for a job well done.

  • advocacy - state

CFO role expands at a quicker pace as disruption reshapes finance

May 06, 2026

In a global survey, traditional responsibilities take a back seat to the rapid expansion of strategic priorities for finance leaders.

  • business and industry

CT Senate pulls all-nighter, rearranging budget and passing gun bill

May 06, 2026

The Senate stayed overnight at the state Capitol to pass a gun control bill and legislation that would make millions of dollars in revisions to the state’s recently adopted state budget and — among other things — delay Hartford’s revaluation by one year and help struggling Ansonia revive a failed and ruinously expensive fuel cell project.

  • advocacy - state

Expanded Absentee Ballot Legislation Passes Legislature, Heads To Lamont

May 06, 2026

Voting would become more convenient for many state residents under a proposal the Senate passed late Wednesday afternoon.

  • advocacy - state

Lawmakers solve town aid riddle on third try

May 06, 2026

Communities can use school grants to ease tax burdens, sometimes.

  • advocacy - state

9 tips to write more effective AI prompts

May 05, 2026

Artificial intelligence (AI) can transform accounting workflows if you can translate what you need done into commands AI can understand.

  • technology and cybersecurity

Dept. of Education releases final rule on professional degree programs

May 05, 2026

New regulations going into effect July 1 put annual and lifetime caps on federal student loans and create new guidelines for repayment.

  • accounting and auditing
  • career resources
  • practice management

Semiannual reporting could cut costs by almost $200K: SEC

May 05, 2026

The Securities and Exchange Commission has released more details about its plan to give companies the option of reporting financials semiannually instead of quarterly.

  • accounting and auditing
  • business and industry
  • practice management
  • advocacy - federal

The Essential New Hire Onboarding Checklist for Employers

May 05, 2026

Bringing someone new onto the team is more than just handling forms and saying hello. It's your first real opportunity to show them what it means to be part of your organization — and to lay the groundwork for their long-term success and sense of belonging.

  • business and industry
  • career resources
  • practice management

Consumer data privacy bill gets final passage in CT House

May 04, 2026

Senate Bill 4, which outlines new regulations for data brokers, had been marked as a priority bill for lawmakers as the session comes to a close.

  • advocacy - state

CT General Assembly nears adjournment, scores of bills awaiting final vote

May 04, 2026

The often volatile, final act of the Connecticut General Assembly’s annual session begins Monday with an adopted budget, but scores of bills and more than a dozen judicial and executive nominations are awaiting final action before the constitutional adjournment deadline of midnight Wednesday.

  • advocacy - state

Workplace stress reaching a breaking point? How employers can respond

May 04, 2026

Employees are facing rising expectations, according to a new survey, and issues with burnout are rising as well.

  • business and industry
  • career resources
  • practice management

How much more state money will your town get?

May 03, 2026

The state budget for the next fiscal year includes nearly $280 million in aid to towns, with about $100 million in one-time aid for non-education programs and $180 million for schools that communities could expect year after year.

  • advocacy - state

CT legislature adopts $28B budget with big aid for towns, childcare

May 02, 2026

Plan comes without rebate, tax cuts that officials promoted

  • advocacy - state

General Assembly Passes Solar, Labor Bills As Session Winds Down

May 02, 2026

The Connecticut General Assembly advanced major bills on solar energy and labor-related issues Friday evening as the legislative session rushes toward its conclusion Wednesday.

  • advocacy - state