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Bill that broadens CPA certification pathways approved in CT House

April 30, 2025

It’s not common to have legislation proposed that no one speaks against. That’s the case, however, for House Bill 7020, which would offer more flexibility for state residents to become certified public accountants.

  • advocacy - state
  • pipeline

AICPA monitoring proposed changes to public company auditing oversight

April 29, 2025

AICPA leadership is monitoring a legislative proposal that would defund the PCAOB, saying in a statement Monday that it “is committed to supporting the drivers of audit quality.”

  • accounting and auditing
  • advocacy - federal

Bill stripping tax exemption from CT private schools' housing draws opposition

April 28, 2025

Many private schools across Connecticut object to a bill to eliminate tax exemptions for faculty and staff housing for private secondary schools, saying they already contribute to the towns where they're located and this could affect their operations.

  • not-for-profit
  • state tax
  • advocacy - state

PCAOB Makes Available New Downloadable Datasets Featuring PCAOB Inspection Findings From Audit Firm Inspection Reports

April 28, 2025

The new datasets, which contain public inspection information from inspection reports going back to 2018, are machine-readable and can be used to analyze PCAOB inspection findings.

  • accounting and auditing

CT, 18 states sue Trump administration over K-12 DEI guidance and threats to funding

April 25, 2025

CT’s William Tong joined coalition of state AGs to challenge Education Department’s interpretation of civil rights laws.

  • advocacy - state
  • advocacy - federal

Mortal fears about retirement: Americans need more time, money

April 25, 2025

Nearly two-thirds of Americans are worried more about saving enough money for retirement than they are about dying.

  • personal financial planning

CPA Society to Honor Mike Maksymiw, Jr., CPA of Aprio Firm Alliance with Leadership Award

April 24, 2025

The Connecticut Society of Certified Public Accountants (CTCPA) will honor Mike Maksymiw, Jr., CPA of Aprio Firm Alliance with the 2025 Jack Brooks Leadership Award at the CTCPA Annual Meeting to be held at the Sheraton Hartford South Hotel in Rocky Hill on May 14.

  • member news
  • press room

CPA Society to Present Impact Award to Katherine Patnaude, CPA of PKF O’Connor Davies and Vanessa Rossitto, CPA of CLA (CliftonLarsonAllen LLP)

April 24, 2025

The Connecticut Society of Certified Public Accountants (CTCPA) will honor the recipients of its first-ever CTCPA Impact Award at the CTCPA Annual Meeting to be held at the Sheraton Hartford South Hotel in Rocky Hill on May 14.

  • member news
  • press room

Committee Adds Capital Gains Tax, Child Credit to Budget Plan

April 24, 2025

Middle-class families would get a tax break under a revenue plan that cleared the Finance, Revenue and Bonding Committee Wednesday, while the wealthiest earners in the state could pay more.

  • advocacy - state

Lawmakers challenge Lamont to tax rich to pay for child tax credit

April 23, 2025

The finance committee proposed a 1.75% surcharge on capital gains earnings on individuals making over $1 million and couples over $2 million.

  • advocacy - state

Tong Joins Lawsuit Against Trump Tariffs

April 23, 2025

Connecticut will join 11 other states in suing the Trump administration to halt what Attorney General William Tong called the president’s “lawless” tariff policies, Tong announced Wednesday afternoon.

  • advocacy - federal

3 tips for handling financial stress in volatile times

April 22, 2025

Money-related stress is top of mind for most Americans, according to a new AICPA survey that shows more than 70% feeling either cautious or uncertain about their financial situation. Some respondents are taking steps to shore up finances with less spending or more saving, and the AICPA is offering advice for managing financial stress as part of National Financial Literacy Month.

  • personal financial planning

Agentic AI edges closer to accounting adoption

April 22, 2025

While AI agents promise automation and efficiency, accountants remain cautious and products are still thin on the ground. Could autonomous AI be trusted to tackle routine tasks, or is the profession still waiting for the tech to mature?

  • practice management
  • technology and cybersecurity

Appropriations Passes Budget With More Money for Special Ed, But Over Spending Cap

April 22, 2025

It took nearly 10 hours, but the Appropriations Committee approved a draft of a two-year, 2026-27 state budget Tuesday that represents an increase over the one proposed by Gov. Ned Lamont in February.

  • advocacy - state

Baker Tilly, Moss Adams merge to create 6th-largest US CPA firm

April 22, 2025

A merger of top-15 accounting firms Baker Tilly and Moss Adams will create the nation’s sixth-largest advisory CPA firm.

  • member news
  • practice management

Finance panel backs bill to shrink CT transportation debt

April 22, 2025

Measure to phase out car tax also passes but faces uphill climb.

  • advocacy - state

Steps to prepare for tariff volatility and a possible restructuring wave

April 22, 2025

Businesses previously buoyed by easy credit and low interest rates now face tightening liquidity, higher borrowing costs and strained supply chains.

  • business and industry
  • practice management
  • advocacy - federal

13 CTCPA Members Named to Forbes' Inaugural 'America's Best-in-State CPAs' List

April 21, 2025

Forbes recently released the inaugural America’s Best-In-State CPAs list. Created exclusively by Forbes editorial staff, it is a compilation of the finest CPAs active in public practice, culled from a collection of candidates sourced through independent nominations and recognitions from numerous associations of CPAs. Those nominated were rated on a range of weighted criteria, including expertise, innovation, thought leadership, experience, and service to the community and to their profession.

  • member news

CT could withhold driver’s licenses from tax delinquents

April 21, 2025

Faced with a slumping economy and likely big cuts in federal aid, state legislators are once again weighing whether to turn delinquent taxpayers over to collection agencies — and block renewal of their driver’s licenses or vehicle registrations.

  • business and industry
  • state tax
  • advocacy - state

Evan Vold Promoted to Partner/Member at Gitlin & Company

April 21, 2025

Gitlin & Company has promoted Evan Vold, CPA, MSAT, EA to Partner/Member. He brings more than 15 years of experience in tax representation, preparation, and planning, serving both individuals and business with exceptional professionalism and care. He is dedicated to professional growth and community involvement. He serves as the volunteer Treasurer of his Church and is an active member of his Rotary Club.

  • member news