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The results are in! The public accounting profession’s premier benchmarking tool helps firms understand how they perform compared to others and better manage their business. Firms are able to benchmark their operations with those similar in size and region and also against top-performers, through a dynamic survey platform.

In honour of Black History Month, Will Cole chats with Deloitte director Ololade Adesanya on how her experiences in accountancy have helped her to be successful in the profession and how firms can better support those from underrepresented backgrounds.

On Oct. 12, 2023, the Internal Revenue Service released the long-awaited, updated tax gap estimates. The tax gap measures how much the U.S. Treasury loses annually due to taxpayer non-compliance.

While pension debt grabs headlines, retiree health care funding is worse off.

But a large majority of employees say their companies need to be more transparent about how it can improve workflows.

Connecticut has passed four directives regarding CPA Exam credit retention.

How well do you know the new quality management standards for firms that perform audit and accounting engagements? Find out with this quiz.

Working to implement an effective budgeting process sets CFOs up for a successful budgeting season.

The onslaught of client requests related to COVID-19 overwhelmed many small firms, creating a new norm that didn't ease at the same pace as the pandemic.

The Internal Revenue Service today reminded the nearly 800,000 active tax return preparers that they can take the first step in their filing season readiness by renewing their Preparer Tax Identification Numbers (PTINs) now.

The Internal Revenue Service is trying to deal with a series of challenges that the billions in additional funding from the Inflation Reduction Act will help alleviate, but not completely address.

Despite widespread reports of declines in accounting students, Purdue University in West Lafayette, Indiana, is defying the trend and seeing accounting enrollments growing dramatically.

A new legislative panel began Monday the fraught task of identifying ways to eliminate the regressive and widely disparate motor vehicle property tax and replacing the revenue which Connecticut towns and cities rely on to run municipal governments.

Attorneys general in 32 states including Connecticut are suing Meta — the company that owns Instagram and Facebook — arguing the social media giant intentionally used harmful features designed to addict young people, Attorney General William Tong said Tuesday.

You're probably not as worried about cybersecurity as you should be. The threat to firms from cybercriminals is literally constant. There are three basic cybersecurity outcomes for firms in case of an attack. One is a disaster. Would your firm survive?

Connecticut saw a net increase of roughly 81,000 people moving into the state in 2022, according to newly released state migration data from the U.S. Census Bureau, again reversing a long-time trend of losing residents to other states before the onset of the COVID-19 pandemic.

CTCPA Past President Greg Lainas and his wife MaryAnn were mentioned as characters in the new fiction book Rumor of Evil: A Novel by Gary Braver. Maryann appears with her maiden name of Liczek. There will be a book signing at the Southington Public Library on Thursday, December 7 at 6:00 p.m.

Technology has much to offer the practice owner, but the human aspect is still essential, says Sacheen Yadav.

Budgets for employee salary increases have grown by an average of 4.4% in 2023, the highest increase in more than two decades, according to a long-running survey.

The IRS will continue its pursuit of money owed to the U.S. government by sending letters to about 150 U.S. subsidiaries of foreign corporations, reminding them of their tax obligations; initiating audits of 60 large corporations; and proceeding with its investigations of high-wealth individuals who do not pay their taxes, IRS Commissioner Danny Werfel said Thursday.