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Leaders from both parties optimistic bipartisan deal could be reached within a week

The PCAOB has moved two standard-setting projects to the front burner.

Bloomfield has made a name for itself in Connecticut for its political drama, proximity to Hartford and once, for being "the nicest town in Connecticut," but researchers from Stanford and the London School of Economics have given it a new claim to fame.

The Connecticut Society of Certified Public Accountants (CTCPA) honored Bradley D. Kronstat, CPA of Guilford with the 2023 Jack Brooks Leadership Award recently at the CTCPA Annual Meeting.

The Connecticut Society of Certified Public Accountants (CTCPA) has elected and installed its Board of Directors for the 2023-2024 activity year.

Pew analysis shows debt in state retiree health care program is among worst in U.S.

Connecticut jumped into the fast-changing world of artificial intelligence Thursday with the Senate’s unanimous passage of a bill that would place the state among the first to begin setting standards for the use of AI tools.

The IRS, which spent the pandemic years mired in backlogs of mail, said this week that it has processed all paper and electronic individual returns received before January of this year.

At the request of his mother, Dennis Thomas went to a doctor just to make sure everything was fine.

CFOs who want to retain Gen Z employees — a group that will make up more than a quarter of the workforce by 2025 — should embrace technology.

A corporate leader felt strongly about addressing mental health in the workplace, so she wrote a book about it. Creating “a sense of belonging” is one first step for organisations.

Brian Desmond Faynor, CPA, a Supervisor at Burzenski & Company, earned the status of Certified Valuation Analyst on April 21, 2023 from the National Association of Certified Valuators and Analysts (NACVA) ®

Pitches budget with $750 million per year in relief, relies on big savings from freezing vacant state jobs

Our profession has in front of us the greatest opportunity for increased relevance and abundance that I have seen in 40 years. Demand for our services, skill sets, and leadership have never been higher. We can simply look at the growth percentages from the latest 2022 large firm reports and see that firms are growing at much faster rates due to this increased demand.

Senate Republicans weighed in on ongoing state budget negotiations Wednesday with a two-year, $50.4 billion tax and spending plan that prioritizes income and property tax relief while making cuts to state agencies.

Connecticut Gov. Ned Lamont sought to build support for his budget proposal Tuesday, focusing on the fact that his spending plan includes deeper tax cuts than the Appropriations Committee’s proposal.

Each year, Accounting Today selects accounting firms who are embracing and utilizing technology to move forward. A number of those firms have a Connecticut presence.

Already running high amid the profession's digital transformation, interest in artificial intelligence has exploded this year, with large numbers of firms weighing its applications. Accountants who are experimenting with these AI systems are already seeing results. Some report using it for generating marketing copy or internal staff memos. Others are exploring it as a research reference. One is even planning to use it to develop training videos to speed up employee development and onboarding.

Black CPAs were not surprised at the results of a study showing that the IRS is up to 4.7 times more likely to audit Black taxpayers than non-Black ones. They already knew that from their work with clients.

Potential abuses of generative AI technology ChatGPT are causing concern as the phenomenon is likened to cryptocurrency scams.