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Practitioners are ramping up their use of AI to support deal strategy.

The AICPA submitted almost 200 comments to the IRS this week regarding its 2026–2027 Priority Guidance Plan, encouraging the agency to concentrate on 10 areas and to continue pursuing tax simplification.

Ned Lamont secured the endorsement of Connecticut’s Democratic Party on Saturday as the two-term governor prepares to campaign for another term leading the state.

Connecticut Republicans united Saturday behind a 36-year-old state senator, Ryan Fazio of Greenwich, as their choice to push the GOP past the scandal that derailed the former convention favorite, Erin Stewart, and on to the challenge of unseating an incumbent governor for the first time in 72 years.

Taxpayers who aren’t due a refund but received a CP53E notice anyway can ignore the notice after they confirm its validity online, the Taxpayer Advocate Service (TAS) said.

Governor Ned Lamont today announced that his administration has submitted a supplemental plan to the bipartisan leadership of the Connecticut General Assembly to use funding from the state’s Federal Cuts Response Fund to mitigate the impact of federal funding reductions and other policy decisions made by the Trump administration and Congressional Republicans.

New research reveals 48% of employees incorrectly identify AI-generated workplace messages, with 74% confident in their wrong answers.

Explore resources and examples that explain how small firms can carry out monitoring procedures and document results under SQMS No. 1.

We are delighted to announce that Rachel Tressy, Executive Vice President and Chief Auditor at Voya Financial, is the recipient of this year's Jack Brooks Leadership Award and will be honored at this year's Annual Meeting.

New data shows gains in decision-making and FP&A, while other data points to ongoing accounting workflow inefficiencies.

The Chartered Institute of Management Accountants (CIMA) has published a new white paper, Reframing Business Models for a Sustainable World, warning that organisations must be prepared to continually rework their business models as global risks accelerate and interact in unpredictable ways.

May is National Small Business Month, and new research from talent solutions and business consulting firm Robert Half shows many small business leaders are optimistic about the year ahead, even as hiring grows more complex amid widening skills gaps and evolving technology.

Immersive experiences, educational programs, commemorative events and community-driven celebrations across all 169 municipalities in the state will highlight Connecticut’s efforts to celebrate and reflect on the 250th anniversary of American independence.

The IRS plans to issue a settlement offer to eligible partnerships involved in syndicated conservation easement transactions, which have long been a focus of enforcement operations, with hundreds of cases now in the courts.

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.

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

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.

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These news briefs are part of The Connecticut Mirror’s 2026 political coverage. For more news about the 2026 legislative session, campaigns, elections and more, sign up here for The Issue, the CT Mirror’s weekly politics newsletter.

Surpluses since 2020 have canceled $11 billion in pension debt