News
65% of CFOs are under pressure to accelerate ROI from tech investments
September 12, 2024
Leadership’s patience around getting returns on technology investments is thinning, according to new data from IBM.
Drew Andrews of Whittlesey, Michael Tedone of Connecticut Wealth Management Named to HBJ's 'Lifetime Achievement & C-Suite Honorees' List
September 12, 2024
Two CTCPA members were named to the Hartford Business Journal's "2024 Lifetime Achievement & C-Suite Honorees": Drew Andrews of Whittlesey and Michael Tedone of Connecticut Wealth Management. Drew was one of two awardees recognized in the "CEO, Medium Company, 76-199 Employees" category, while Michael was one of two awardees in the "Chief Financial Officer, Small Company, Less Than 75 Employees" category.
IRS issues proposed regulations for Corporate Alternative Minimum Tax
September 12, 2024
The Internal Revenue Service today issued proposed regulations to provide guidance on the Corporate Alternative Minimum Tax (CAMT).
Increasing appetite for M&A, AI driving growth, survey finds
September 11, 2024
Mergers and acquisitions (M&A) and growth opportunities are on the rise, according to a survey of leaders at private companies and private-companies-turned-public.
IRS provides relief to victims of severe storms and flooding in Connecticut and New York; various deadlines postponed to Feb. 3, 2025
September 10, 2024
The Internal Revenue Service announced today tax relief for individuals and businesses in Connecticut and New York affected by severe storms and flooding from torrential rainfalls that began on Aug. 18, 2024. Some communities in western Connecticut also experienced landslides and mudslides from these storms.
SEC approves PCAOB system of quality control
September 10, 2024
The SEC approved a PCAOB standard that establishes a risk-based quality control system for public accounting firms.
Accountancy in schools could revitalise profession
September 04, 2024
Will we ever see accounting being taught in schools? Early-stage CFO Bradley Channer – a driving force behind the movement – is optimistic it’ll happen.
Melody Mann Fox, CPA Recognized for 40 Years with Burzenski & Co.
September 04, 2024
At the firm's annual state-of-the-firm and company picnic on August 29, Burzenski & Co. recognized the 40th employee anniversary of Partner Melody Mann Fox, CPA.
Innovative CPA Group Recognizes Scott Mitchell, Sal Chieffalo for Their Community Involvement
September 03, 2024
The Innovative CPA Group (ICG) is honored to share the ongoing community involvement of our partner, Scott Mitchell, CPA and Sal Chieffalo, CPA. As dedicated members of the Immaculate High School Alumni Association, Scott and Sal are currently serving as golf co-chairs for the organization’s 35th annual golf tournament. This year marks their fourth year leading this esteemed event, which serves as a major fundraiser for the school, providing crucial tuition assistance for future students at Immaculate High School.
Jenna Allegretto, Zach Hunter Among New Partners at Marcum LLP
September 03, 2024
CTCPA members Jenna Allegretto and Zachary Hunter were recently named partners at Marcum LLP. Jenna is a Partner in the Assurance Services Group of Marcum’s New Haven office, while Zach is Zachary Hunter is a Tax and Business Services Partner in the firm’s Hartford office.
Whittlesey Earns a Spot on INSIDE Public Accounting’s 2024 Best of the Best Firms List Three Years in a Row
August 31, 2024
Whittlesey, a leading accounting, advisory, and technology firm, is pleased to announce that we have been named a 2024 Best of the Best Firm by INSIDE Public Accounting (IPA) for the third consecutive year, a respected publication within the public accounting industry. This year, Whittlesey proudly remains the only New England firm to earn this prestigious recognition.
CTCPA members named to 2024 HBJ "40 Under 40"
August 30, 2024
Several CTCPA members were named to the 2024 Hartford Business Journal's "40 Under Forty" list.
Former longtime CBIA economist Gioia has died
August 30, 2024
Pete Gioia, the former longtime economist of the Connecticut Business & Industry Association, has died, according to CBIA President and CEO Chris DiPentima.
IRS reminder: Employer educational assistance programs can still be used to help pay off workers’ student loans through Dec. 31, 2025
August 28, 2024
The Internal Revenue Service today issued a reminder that employers who offer educational assistance programs can also use them to help pay for their employees’ student loan obligations through Dec. 31, 2025.
The role of managing age diversity in the workplace
August 28, 2024
Organisations should consider addressing management practices and age-inclusion policies to retain talent across generations.
5 things I wish I knew as a CFO before starting a digital transformation
August 23, 2024
Brian May, CFO of food service company Nicholas and Company, offers a unique CFO perspective on the lessons he learned during a major digital overhaul.
CFO opportunities on the rise: Key trends for aspiring leaders
August 22, 2024
Increased turnover, driven by a trend toward shorter tenures, is creating more opportunities for aspiring leaders to step into CFO roles at public companies, and women are filling those roles at an elevated level.
Connecticut Expands Paid Sick Leave Law in 2025 but Limits Employers’ Control over How it is Used
August 22, 2024
On May 28, 2024, Governor Ned Lamont signed legislation expanding Connecticut’s 2011 Sick Leave Law. The new legislation is effective on January 1st, 2025. The law covers more employees, expands the reasons under which employees may use paid sick leave, and reduces the required hours to accrue paid sick leave.
To prepare to teach financial literacy, CT educators go back to school
August 22, 2024
Next Gen Personal Finance, CT Financial Scholars provide professional development to help schools meet new requirements.
President Joseph R. Biden, Jr. Approves Emergency Declaration for Connecticut
August 21, 2024
FEMA announced today that federal disaster assistance is available to the state of Connecticut to supplement response efforts due to emergency conditions resulting from severe storms, flooding, landslides and mudslides beginning on Aug. 18, 2024, and continuing.