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CT finance panel keeps Lamont tax rebate plan in play

March 31, 2026

But also asks fiscally moderate governor to boost taxes on wealthy households

  • advocacy - state

Legislature’s $29B spending plan sets up negotiations with Lamont

March 31, 2026

Appropriations Committee plan relies on accounting maneuver to stay under spending cap

  • accounting and auditing

PCAOB Requests Public Comment on Strategic Priorities

March 31, 2026

At an open meeting held today, the Public Company Accounting Oversight Board (PCAOB) issued a request for public comment(PDF) seeking input regarding the PCAOB’s strategic priorities.

  • accounting and auditing
  • advocacy - federal

Poll: Increasing Number Of Americans Use AI, But They Don’t Trust It

March 31, 2026

More Americans than ever are using artificial intelligence for research, data analysis, medical advice and even companionship. But that doesn’t mean they trust it or even view it positively.

  • technology and cybersecurity

CT House Republicans say a one-time tax rebate is not enough

March 30, 2026

The Republican minority in the Connecticut House of Representatives took a step toward compromise Monday with Gov. Ned Lamont, pitching a middle-class income tax cut worth up to $350 per filer and a new option to pay for it without jeopardizing other state programs.

  • advocacy - state

Finance panel endorses nearly $900M in tax-cutting options

March 30, 2026

Connecticut appeared headed for an unusual showdown over tax cuts late Monday after a key legislative panel endorsed nearly $900 million in new relief options, including new relief for renters and expanded breaks for shoppers and seniors.

  • advocacy - state

Legislative Republicans Pitch Increased Property Tax Credits

March 30, 2026

Homeowners could be in line for a but of income tax relief under a plan legislative Republicans unveiled Monday morning at a media briefing in Hartford.

  • advocacy - state

Oh, the Places You Can Go… CPA Edition

March 30, 2026

Grit, dedication and a strong commitment of time are essential to passing the CPA Exam, reflecting a level of perseverance that lays the foundation for long-term professional success. Earning a CPA license carries significant weight in the accounting field. Beyond signaling expertise and credibility, it distinguishes you from your peers and opens the door to a wide array of career opportunities across public accounting, corporate finance, government and beyond.

  • accounting and auditing
  • career resources

Cost cutting is losing favor this year as companies ramp up AI spending

March 26, 2026

Counter to headlines about tech-driven layoffs, companies are backing away from human capital budget reductions due to the growing need for AI skills.

  • business and industry
  • technology and cybersecurity

How listening is shaping ‘incredible’ year for AICPA Chair Lexy Kessler

March 26, 2026

Lexy Kessler admits to feelings of self-doubt when she took center stage at AICPA Council last May to be officially introduced as AICPA chair.

  • business and industry
  • practice management
  • advocacy - federal

Why smaller firms could be winning the AI long game

March 26, 2026

Far from lagging behind their larger peers, our special editorial report in association with Sage, State of the nation: AI in accountancy and bookkeeping, shows that small firms are agile enough to make the most of the AI revolution.

  • practice management
  • technology and cybersecurity

IRS watchdog cites resource limits, duplication in partnership audits

March 25, 2026

Limited resources and a duplicative review process contributed to IRS problems with auditing large partnerships, a government watchdog said in a review issued earlier this month.

  • federal tax

Audit report card: More internal audit teams suffered cuts in 2025

March 24, 2026

Internal audit leaders in an annual survey reported staff and budget cuts in 2025 that rivaled levels observed during the 2008–2009 financial crisis, but they also shared a potential key to organizational support of the audit function.

  • accounting and auditing

IRS faces AI skills gaps after pushing tech talent out, watchdog finds

March 24, 2026

The IRS wants to deploy artificial intelligence, but workforce reductions that hit tech teams mean the agency has capacity gaps that could impact its ability to do so, according to a new report from Congress’ watchdog, the Government Accountability Office.

  • technology and cybersecurity
  • advocacy - federal
  • federal tax

AICPA seeks clarity on revamped paid family leave credit rules

March 20, 2026

The federal tax law passed in 2025 made the paid family and medical leave credit in Sec. 45S permanent and made substantive changes to enhance the credit and expand its availability. In a letter to Treasury and the IRS, the AICPA requested guidance and offered recommendations to update the existing guidance on matters emerging from revisions to Sec. 45S.

  • advocacy - federal

Massachusetts Loses Billions in Income After Millionaire Tax

March 20, 2026

Residents exiting Massachusetts took a net of $4.2 billion in adjusted gross income with them in 2023, one of the largest totals in the country, after a tax on millionaires took effect.

  • advocacy - state
  • advocacy - federal
  • federal tax

Robert Half survey: 67% of HR leaders report AI-generated applications are slowing hiring

March 20, 2026

As artificial intelligence (AI) reshapes hiring, organizations are finding it more difficult — and time-consuming — to identify skilled talent. A survey from talent solutions and business consulting firm Robert Half found that 67% of U.S. HR leaders say reviewing AI-generated applications has slowed the hiring process, with 20% reporting delays of more than 2 weeks.

  • business and industry
  • career resources
  • practice management
  • technology and cybersecurity

Time is running out to claim $1.2 billion in refunds for tax year 2022; taxpayers face April 15 deadline

March 20, 2026

The Internal Revenue Service today announced that over 1.3 million people across the nation have unclaimed refunds for tax year 2022 and face an April 15 deadline to submit their tax returns.

  • federal tax

There’s more than one way to scale

March 19, 2026

Private equity can open doors, but it’s not the only way to scale. Paul Randall, managing partner at RPGCC, shares his view on investment readiness, deal pressure and why independence still works for some firms.

  • practice management

SEC Accepts 2026 FASB Taxonomies

March 17, 2026

The Financial Accounting Standards Board (FASB) today announced that the U.S. Securities and Exchange Commission (SEC) has accepted the 2026 GAAP Financial Reporting Taxonomy (GRT) (including the 2026 GAAP Employee Benefit Plan Taxonomy (EBPT)) and the 2026 SEC Reporting Taxonomy (SRT). The FASB also finalized the 2026 DQC Rules Taxonomy (DQCRT) and the 2026 GAAP Meta Model Relationships Taxonomy (MMT), which together with the GRT, the SRT, and the EBPT are collectively referred to as the “FASB Taxonomies.”

  • accounting and auditing