Skip to main content

News

How to Build a Successful Niche Firm

February 25, 2022

For many CPAs and accounting professionals, carving out a niche in the industry allows them to do work they enjoy. That's the case for Sherrell T. Martin, founder of Nitram Financial Solutions. Here, she discusses the power of niche accounting and how to attract and retain clients by doing what you love.

  • practice management

How to Support Prospective CPAs at Your Firm

February 25, 2022

The accounting industry needs more licensed professionals, and firms can play their part by supporting a new generation of accountants who are studying for the CPA licensure exam. In this article, Will Baker of BaCo Tech discusses how his firm is helping one prospective CPA by offering financial support, flexible working hours and a lot of encouragement.

  • practice management

OFA Releases February 2022 Projections

February 25, 2022

The state continues to thrive fiscally.

  • advocacy - state

Transition Policy Announced for the 2024 CPA Exam Under the CPA Evolution Initiative

February 25, 2022

If you will still be working your way through the CPA Exam in January 2024 and beyond, then the information about the CPA Evolution-aligned CPA Exam (the 2024 CPA Exam) and transition policy are most important to understand.

  • career resources
  • practice management

IRS updates FAQs for the Premium Tax Credit

February 24, 2022

The Internal Revenue Service today updated its frequently asked questions (FAQs) on the Premium Tax Credit.

  • federal tax

Tax Time Guide: Use the Where’s My Refund? tool or IRS2Go app to conveniently check tax refund status

February 24, 2022

The Internal Revenue Service reminds taxpayers today that the fastest and easiest way to check on tax refunds is by using the Where's My Refund? tool on IRS.gov or through the IRS2Go mobile app.

  • federal tax

Interest rates increase for the second quarter of 2022

February 23, 2022

The Internal Revenue Service today announced that interest rates will increase for the calendar quarter beginning April 1, 2022.

  • federal tax

Proposed regulations update RMDs for SECURE Act changes

February 23, 2022

The IRS and Treasury released proposed regulations Wednesday (REG-105954-20) that would update existing rules for required minimum distributions (RMDs) from qualified retirement plans and annuity contracts and related matters, largely to conform with a number of statutory changes.

  • personal financial planning

Remote Teams Thrive on Trust and Connections

February 23, 2022

Leverage the lessons from global teams to make an at-home workforce a competitive advantage.

  • business and industry
  • coronavirus
  • practice management
  • technology and cybersecurity

Why Women are Critical for Your DEI Initiative

February 22, 2022

It has been over 120 years since Christine Ross broke barriers and became the first female CPA in the country. Times have dramatically changed for women in the workforce since Ross’s 1899 CPA certification, and women are continuing to make moves in the accounting and financial sector.

  • diversity

How to Make This Your Last Miserable Tax Season

February 22, 2022

Face it, tax pros are used to the exhaustion of long hours thanks to workload compression, staff shortages, frequent changes in tax law, and automation challenges. But Covid made “tax season” a multi-year blur of exhaustion. Geni Whitehouse, CPA, CITP doesn't believe it needs to be this way any longer, today's technology has the answer.

  • coronavirus
  • practice management
  • state tax
  • federal tax

The Fed vs. Inflation: Playing Catch-Up

February 22, 2022

However many times the Fed raises interest rates in 2022, the impact won't be immediate.

  • business and industry
  • personal financial planning

New features put in place for IRS Online Account registration; process strengthened to ensure privacy and security

February 21, 2022

The IRS announced today that a new option in the agency’s authentication system is now available for taxpayers to sign up for IRS online accounts without the use of any biometric data, including facial recognition.

  • technology and cybersecurity
  • federal tax

Tax Filing Deadline Approaching; CT CPAs Provide Top-10 To-Do List

February 20, 2022

The tax filing deadline for 2021 is less than two months away – and the Connecticut Society of CPAs is suggesting that there’s no time like the present to get everything needed to file your tax return gathered and ready.

  • member news
  • state tax
  • federal tax
  • press room

Major Hartford employers eye March/April return to office

February 18, 2022

Hartford’s largest employers are eyeing a return to the office over the next few months.

  • business and industry
  • coronavirus
  • practice management

PPP, ERC can lead to sustained business for CPA firms

February 17, 2022

Compliance and consulting work related to COVID-19 relief created new business opportunities for CPA firms, which now can continue to grow by building on those opportunities, Inovautus Consulting LLC President and Founder Sarah Dobek said Thursday.

  • coronavirus
  • practice management
  • advocacy - federal

Senate Democrats Try Again For Data Privacy Legislation

February 17, 2022

Democrats in the Senate will take another swing at passing legislation giving consumers more flexibility to opt out of online data tracking, picking up an effort which fell apart late in the session last year.

  • technology and cybersecurity
  • advocacy - state

Tax pros are subject of ‘spearphishing’ attacks

February 17, 2022

Identity thieves are targeting tax professionals with "spearphishing" emails masquerading as coming from the IRS or tax return preparation software providers, the Service advised in a news release Wednesday.

  • technology and cybersecurity
  • federal tax

4 In 10 Employers Report A Rise In Candidate Ghosting, Robert Half Research Shows

February 16, 2022

Candidate ghosting is taking an increasing toll on employers, new research from talent solutions and business consulting firm Robert Half suggests. In a survey of more than 2,300 senior managers in the U.S., nearly 4 in 10 respondents (39%) said it's more common for job candidates to cut off communication now than two years ago.

  • business and industry
  • career resources
  • practice management

Help Employees Find Purpose Again

February 16, 2022

For a more productive and connected workforce, leaders need to build a collective sense of purpose in the remote work environment.

  • business and industry
  • career resources
  • practice management