News
CT Senator Backs Legislation Restricting AI Chatbot Companions
November 18, 2025
They say politics makes strange bedfellows, but what would it take to bring together Sen. Richard Blumenthal of Connecticut and Senate Republican Josh Hawley of Missouri? AI chatbots, it seems.
Erin Stewart kicks off campaign for CT governor
November 18, 2025
Erin Stewart is kicking off her campaign for governor of Connecticut with an on-brand, slightly cheeky video emphasizing her blue-collar roots, her success as a Republican mayor of a Democratic city and an intention to run a “different” campaign.
Governor Lamont Announces $12 Million in State Grants To Improve Transportation Infrastructure in 17 Towns and Cities
November 18, 2025
Governor Ned Lamont and Connecticut Transportation Commissioner Garrett Eucalitto today announced the State of Connecticut is awarding nearly $12 million in grants to 17 towns and cities for projects that will improve transportation safety and mobility.
CTCPA Members Gene Turley, Marie Kulesza Inspire Future Accountants at Manchester High School
November 17, 2025
Gene Turley, CPA, MS, of CPA Consulting Services in Manchester, joined Marie Kulesza, Professor and Accounting Department Chair at Central Connecticut State University, and Tara Vakil, Assistant Professor of Accounting at the University of Connecticut, for a career exploration panel at Manchester High School.
What to know about the CT housing bill passes in special session
November 17, 2025
The House and Senate approved a wide-ranging housing bill last week to replace a similar bill that Gov. Ned Lamont vetoed after the regular session.
Lamont: ‘I Look Forward To Signing’ New CT Housing Bill Into Law
November 14, 2025
The state Senate didn’t match the state House’s marathon 7-hour debate on a revised housing bill Thursday, but it came pretty close.
Lamont Launches Bid For Third Term As CT Governor
November 14, 2025
Gov. Ned Lamont says he’s not done. In officially announcing his bid for a third term (he confirmed his intention to do so last week) Lamont said Connecticut had made remarkable progress, but there was more to do to make sure everyone was sharing in it.
Year-End Tax and Financial Planning Tips from CPAs
November 14, 2025
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.
401(k) limit increases to $24,500 for 2026, IRA limit increases to $7,500
November 13, 2025
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.
AICPA Holiday Spending Survey Reveals Budgeting, Debt and a Bit of Regret
November 13, 2025
A quarter of holiday shoppers/travelers usually make a budget for holiday spending but admit they probably won’t stick to it.
CT could still see some fallout from government shutdown
November 13, 2025
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.
CT Senate gives final approval to emergency human services fund
November 13, 2025
Lawmakers pass bill to empower UConn Health to purchase Waterbury Hospital.
CT Senate Passes $500M Reserve Against Federal Program Cuts
November 13, 2025
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.
Interest rates remain the same for the first quarter of 2026
November 13, 2025
The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2026.
4 lessons CFOs must embrace to grow without losing control
November 12, 2025
These practical insights will help finance executives scale rapidly without sacrificing financial discipline or cultural fabric.
CT special session to open with vote on controversial housing bill
November 12, 2025
If all goes as planned, the legislature will put four bills on the desk of Gov. Ned Lamont by Friday.
FASB Improves Guidance on Purchased Loans
November 12, 2025
The Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) that improves the accounting for purchased loans.
Lamont Declares Extraordinary Circumstances, Creates Emergency State Reserve
November 12, 2025
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.
Revised CT Housing Bill Clears House After 7-Hour Debate
November 12, 2025
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.
Connecticut Sets Aside $500 Million Safety Net As Shutdown Threatens Food, Heat, and Health Programs
November 11, 2025
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.