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Finance professionals expect to scale agentic AI within the next three years, but few employees in a new global survey are open to being managed by AI agents.

Kask & Company LLC, Certified Public Accountants and Business Advisors, announces its new office location at 12 National Drive in Glastonbury, Connecticut. Kask & Company CPAs, previously known as Borgida & Company CPAs, is led by managing partner and industry veteran James Kask, CPA, CGMA. Kask’s previous leadership roles include Senior Partner at CPA firms Haggett Longobardi and CohnReznick.

A federal appeals court has ruled unconstitutional a provision of a Maryland digital advertising tax law that prevents companies from displaying the tax charge on a bill.

Security incidents involving shadow AI accounted for 20% of data breaches globally and were more expensive for companies to resolve.

Employers enforcing return-to-office mandates could lose talent and are less likely to retain top performers.

Accounting — the language of business — is facing a talent crisis. Across the country, fewer students are choosing to major in accounting, and CPA exam participation has dropped sharply. This shrinking pipeline comes at a time when the profession faces a wave of retirements and an increasingly complex business environment. If this trend is not reversed, firms will face critical staffing shortages, investors and creditors will struggle to access timely and reliable information, and regulators will find it more difficult to detect fraud.

SRC Certified Public Accountants, PC, located in Glastonbury , CT, a trusted provider of accounting, tax, and advisory services, is proud to announce its 50th anniversary, marking half a century of dedication to helping clients achieve their financial goals.

Critics say tax holiday offers little relief, doesn’t boost economy.

U.S. tariff revenue reached a fresh monthly record in July, though the increase wasn't enough to prevent a widening in the monthly budget deficit — pointing to the federal government's continuing fiscal challenges.

A new study from the Tax Foundation estimates that the One Big Beautiful Bill Act will reduce federal taxes on average for individual taxpayers in every state, but the impact will differ in various states.

Future retirees often daydream about golden years that never end. In reality, too many golden years could be a nightmare.

Firms that haven’t started establishing their quality management system can get it done by the Dec. 15 deadline by following these steps.

The clock is ticking. Accounting firms must establish systems of quality management (QM) by the Dec. 15, 2025, effective date of the new QM standards governing accounting and auditing (A&A) practices.

The AICPA’s Statements on Quality Management Standards’ (“SQMS”) December 15, 2025, effective date is fast approaching, and few firms are prepared.

The Financial Accounting Standards Board (FASB) today announced it will host a public roundtable on the FASB’s Post-Implementation Review (PIR) of Topic 842, Leases. The roundtable will take place on Friday, September 12, 2025, from 10:00 a.m. to 3:00 p.m. Eastern Daylight Time, at the FASB offices located at 801 Main Avenue, in Norwalk, Connecticut.

In the fourth installment of a special summer series, the Security Summit partners today remind tax professionals and taxpayers about the IRS Identity Protection PIN and the IRS Online Accounts that can help protect against tax-related identity theft. The IRS and Security Summit also remind tax professionals that using multi-factor authentication is a best practice and a federal requirement to protect clients’ sensitive information.

Billy Long ended his brief tenure as IRS commissioner Friday, posting on X that President Donald Trump will nominate him to be ambassador to Iceland.

There’s a new IRS Senior Stakeholder Liaison in town! (Well, new to CTCPA members, anyway.) Yolanda Durant has actually been with the Internal Revenue Service since 2012, with a resume that runs the gamut of responsibilities: Senior Individual Taxpayer Advisory Specialist, Tax Compliance Officer, Intake Advocate for the Taxpayer Advocate Department, Customer Service, and Collection Representative.

Paul N. Iannone, JD, CPA, MST and Danny A. Pannese, MST, CPA/ABV/CFF, CVA, CSEP, both Associate Professors in the Jack Welch College of Business & Technology at Sacred Heart University, published “When the Audit Goes Beyond the Audit: An Interview with James Mastracchio, Esq.” for the March/April 2025 issue of the Journal of Taxation.

The One Big Beautiful Bill Act is sparking questions from employees and payroll departments about how to handle the various tax breaks, including on overtime pay.