News
Connecticut Society of CPAs Women’s Awards Program to Honor Outstanding Connecticut CPAs and Finance Professionals
November 20, 2025
(Rocky Hill, CT) – The Connecticut Society of CPAs (CTCPA) will honor 15 outstanding women at the CTCPA Women’s Awards event on Tuesday, January 20, 2025 from 7:30 to 10:30 a.m. at the TPC River Highlands. Awardees will be honored in three categories: Experienced Leaders, Emerging Leaders, and Aspiring CPAs. This is the seventh year the CTCPA has honored outstanding females in the profession.
In Memoriam: Accounting Tech Pioneer Rick Richardson Dies at 80 – Former Beach Boys Studio Drummer
November 20, 2025
The longtime CTCPA member had received numerous awards over his 6 decades in accounting technology, was the 3rd inductee in CPA Practice Advisor's Accounting Hall of Fame, and named multiple times to Accounting Today‘s Top 100 Influential People in Accounting.
How CFOs can integrate AI without overloading their teams
November 19, 2025
Sustainable AI transformation means knowing when to pause, not just accelerate.
Is the IRS just between shutdowns? Former IRS commissioners are worried
November 19, 2025
The IRS just came out of the longest government shutdown, but the deal that ended the stalemate funds the agency only through Jan. 30, just as filing season is about to begin. And that’s a concern for taxpayers and tax practitioners, two former IRS commissioners told reporters Tuesday at the 2025 AICPA National Tax Conference.
CT Senator Backs Legislation Restricting AI Chatbot Companions
November 18, 2025
They say politics makes strange bedfellows, but what would it take to bring together Sen. Richard Blumenthal of Connecticut and Senate Republican Josh Hawley of Missouri? AI chatbots, it seems.
Erin Stewart kicks off campaign for CT governor
November 18, 2025
Erin Stewart is kicking off her campaign for governor of Connecticut with an on-brand, slightly cheeky video emphasizing her blue-collar roots, her success as a Republican mayor of a Democratic city and an intention to run a “different” campaign.
Governor Lamont Announces $12 Million in State Grants To Improve Transportation Infrastructure in 17 Towns and Cities
November 18, 2025
Governor Ned Lamont and Connecticut Transportation Commissioner Garrett Eucalitto today announced the State of Connecticut is awarding nearly $12 million in grants to 17 towns and cities for projects that will improve transportation safety and mobility.
CTCPA Members Gene Turley, Marie Kulesza Inspire Future Accountants at Manchester High School
November 17, 2025
Gene Turley, CPA, MS, of CPA Consulting Services in Manchester, joined Marie Kulesza, Professor and Accounting Department Chair at Central Connecticut State University, and Tara Vakil, Assistant Professor of Accounting at the University of Connecticut, for a career exploration panel at Manchester High School.
What to know about the CT housing bill passes in special session
November 17, 2025
The House and Senate approved a wide-ranging housing bill last week to replace a similar bill that Gov. Ned Lamont vetoed after the regular session.
Lamont: ‘I Look Forward To Signing’ New CT Housing Bill Into Law
November 14, 2025
The state Senate didn’t match the state House’s marathon 7-hour debate on a revised housing bill Thursday, but it came pretty close.
Lamont Launches Bid For Third Term As CT Governor
November 14, 2025
Gov. Ned Lamont says he’s not done. In officially announcing his bid for a third term (he confirmed his intention to do so last week) Lamont said Connecticut had made remarkable progress, but there was more to do to make sure everyone was sharing in it.
Year-End Tax and Financial Planning Tips from CPAs
November 14, 2025
With just a few weeks left in 2025, the American Institute of CPAs (AICPA) advises taxpayers to take action and make year-end tax and financial planning moves that can help prepare them for 2026, especially at tax time. Planning is even more important this year, ahead of the adoption of tax law changes effective this year and next.
401(k) limit increases to $24,500 for 2026, IRA limit increases to $7,500
November 13, 2025
The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2026 has increased to $24,500, up from $23,500 for 2025.
AICPA Holiday Spending Survey Reveals Budgeting, Debt and a Bit of Regret
November 13, 2025
A quarter of holiday shoppers/travelers usually make a budget for holiday spending but admit they probably won’t stick to it.
CT could still see some fallout from government shutdown
November 13, 2025
The fallout of the 43-day-long government shutdown will linger for some time in Connecticut, even after all federal workers returned to work on Thursday.
CT Senate gives final approval to emergency human services fund
November 13, 2025
Lawmakers pass bill to empower UConn Health to purchase Waterbury Hospital.
CT Senate Passes $500M Reserve Against Federal Program Cuts
November 13, 2025
A bill creating a $500 million reserve fund against potential federal cuts to social programs cleared the Senate Thursday afternoon, albeit on a much more partisan and contentious vote than had been the case in the state House the day before.
Interest rates remain the same for the first quarter of 2026
November 13, 2025
The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2026.
4 lessons CFOs must embrace to grow without losing control
November 12, 2025
These practical insights will help finance executives scale rapidly without sacrificing financial discipline or cultural fabric.
CT special session to open with vote on controversial housing bill
November 12, 2025
If all goes as planned, the legislature will put four bills on the desk of Gov. Ned Lamont by Friday.