News
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.
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.
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.
CP53E notice tied to paper-check transition causes confusion
May 08, 2026
Fraudulent or legitimate? In error or correct?
‘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.
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.
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.
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.
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.
Lawmakers solve town aid riddle on third try
May 06, 2026
Communities can use school grants to ease tax burdens, sometimes.
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.
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.
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.
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.
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.
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.
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.
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.
CT legislature adopts $28B budget with big aid for towns, childcare
May 02, 2026
Plan comes without rebate, tax cuts that officials promoted
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.