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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.

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.

A quarter of holiday shoppers/travelers usually make a budget for holiday spending but admit they probably won’t stick to it.

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.

Lawmakers pass bill to empower UConn Health to purchase Waterbury Hospital.

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.

The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2026.

These practical insights will help finance executives scale rapidly without sacrificing financial discipline or cultural fabric.

If all goes as planned, the legislature will put four bills on the desk of Gov. Ned Lamont by Friday.

The Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) that improves the accounting for purchased loans.

Although it looks like the federal government shutdown will soon be at an end, Gov. Ned Lamont said he has signed a declaration enabling the Connecticut General Assembly to adopt legislation appropriating the funding necessary to create an emergency state response reserve. The reserve will facilitate the state response to millions of dollars in federal cuts toward health and human services that are being made by President Donald Trump and Congressional Republicans, Lamont said.

A reworked housing bill encountered spirited resistance from House Republicans Wednesday, although nothing changed in the seven hours of debate, and the bill passed 90-56, mostly along party lines. Five members did not cast a vote.

As the nation endures its longest federal government shutdown on record, Connecticut leaders are moving to shield the state’s most vulnerable residents from the fallout.

The National Association of State Boards of Accountancy (NASBA) has released a white paper developed by its Private Equity Task Force (PE Task Force) titled “Alternative Practice Structures & Private Equity: Considerations and Questions for Boards of Accountancy."

The IRS sent layoff notices to almost 1,400 employees, adding to the losses at the agency where 25% of staff had left as of May, according to a court document filed earlier this week in a lawsuit brought by unions against the federal government.

With the average rent in Connecticut near $1,975, a new poll from the Regional Plan Association found that nine in ten residents believe Connecticut is “not doing enough” to expand affordable housing. Nearly as many blame outdated zoning rules and infrastructure limits for the problem.

The longest shutdown in U.S. history is starting to wind down after a bloc of Senate Democrats joined Republicans on a deal to reopen the federal government, but Connecticut’s senators opposed the agreement because it made no guarantee to extend the policy at the heart of the shutdown fight: expiring health care subsidies.

Organisations using AI to redesign workflows at an enterprise level achieve higher customer satisfaction and profitability than companies fixed on efficiency.

Aside from housing, state lawmakers will take up legislation on immigration, food assistance, health care and more when they meet Nov. 12-13.

The Connecticut Society of CPAs (CTCPA) will host its fifth annual Day of Giving on Tuesday, December 2 (#GivingTuesday) from 8:30 to 10:30 a.m. at ADNET Technologies, 400 Capital Boulevard, Rocky Hill. Drive around to the back of the building to donate.