News
Shadow AI use booms, finds new Deloitte survey
September 18, 2026
One in three U.K. workers are using generative AI for work of their own accord, according to a Deloitte survey of 25,000 workers.
Unclear instructions, limited awareness plagued CP53E rollout, TIGTA says
September 18, 2026
A government watchdog has confirmed what many CPAs and their clients experienced during the 2026 filing season: The IRS’s CP53E notices created confusion among taxpayers as the agency pushed them toward electronic refunds and away from paper ones under an executive order.
AI interviews are driving candidates away
September 17, 2026
AI in hiring is becoming more common, but a lack of transparency around employers’ use of AI to evaluate candidates is eroding trust, a global report shows.
Lamont pledges to extend state employee retirement benefits
September 17, 2026
Gov. Ned Lamont put down a marker with more than 40,000 unionized state employees this week, reaching an “understanding” to extend valuable retirement benefits for at least one year in the next gubernatorial term.
New Laws Go Into Effect Oct. 1 Regulating AI Chatbots, Protecting Whistleblowers
September 17, 2026
With a pair of new laws intended to protect residents’ privacy and information from the use of artificial intelligence, Attorney General William Tong addressed the major provisions of two related bills going into effect Oct. 1.
Government says Kwong court misread COVID tax relief law
September 16, 2026
In its opening brief in a case that could affect millions of taxpayers and billions of dollars in potential refund claims, the federal government argued that a lower court misread a COVID-era tax relief law, turning a 60-day extension into a postponement period lasting more than three years.
Has recruitment lost its human touch?
September 16, 2026
As electronic forms and AI screening take over hiring, Philip Fisher asks if the profession is losing the judgment recruitment depends on.
Most Gen Z professionals see job hopping as a path to higher pay, according to Robert Half
September 16, 2026
Gen Z professionals may be considering a job change to improve their earning potential, according to research from talent solutions and business consulting firm Robert Half. In a recent survey, more than half (55%) say they plan to look for a new job before the end of the year, up from 32% one year ago.
Driving efficiency or driving workers toward burnout? How AI is being used
September 15, 2026
Many businesses appear more focused on building an efficient workforce than an empowered one, and artificial intelligence is being used in ways that are overwhelming many employees.
Congress returns before midterms sprint, but no action expected on AI
September 14, 2026
Both chambers of Congress return to Capitol Hill this week for a brief session before heading back to the campaign trail until mid-November.
CT launches $5M tax credit to help small businesses offer health insurance
September 14, 2026
The state is offering small businesses a new tax incentive worth up to $1,000 per employee annually to encourage more employers to provide health coverage as insurance costs continue to rise.
Only 35% of AI usage time is productive, workers say
September 14, 2026
Executives spend almost twice as much time working with artificial intelligence tools as other employees.
CT enjoys robust pension investment returns
September 11, 2026
The returns mark the fourth consecutive year pension investments have eclipsed the state’s 6.9% target.
D.C. Circuit blocks IRS from sharing taxpayer data with ICE
September 11, 2026
A federal appeals court has affirmed a preliminary injunction blocking an IRS policy that disclosed thousands of taxpayers’ addresses to immigration authorities, agreeing the agency’s automated process likely violated the strict confidentiality protections Congress built into the Tax Code.
FASB Issues Standard to Improve Investment Company Fair Value Reporting
September 09, 2026
The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that improves how investment companies such as mutual funds measure the fair value of an equity security that is subject to a contractual sale restriction.
PCAOB Adopts Amendments to Its Quality Control Standard
September 09, 2026
The Public Company Accounting Oversight Board (PCAOB) today adopted amendments(PDF) to certain provisions of QC 1000, A Firm’s System of Quality Control, and related amendments to PCAOB forms and the QC reporting rule.
PCAOB finalizes simplified quality control amendments
September 09, 2026
The PCAOB on Wednesday adopted previously proposed amendments to QC 1000, A Firm’s System of Quality Control, setting the stage for the board that oversees audits of public companies to consider a quality control-focused approach to future inspections.
Republicans Float $2B Cuts In Taxes, Costs
September 09, 2026
Legislative Republicans made their plea for voters to elect more members of their party in November, offering reductions or outright elimination of about a half-dozen taxes or fees in return.
FASB Seeks Public Comment on Proposed Codification Improvements
September 08, 2026
The Financial Accounting Standards Board (FASB) today published a proposed Accounting Standards Update (ASU) focused on targeted improvements to the FASB Accounting Standards Codification®. Stakeholders are encouraged to review and provide input on the proposed ASU by November 19, 2026.
The culture that makes change possible
September 08, 2026
A firm can have the right plan for change, but it still needs people to make it work. Culture is what helps turn that plan into something that lasts.