Whether you're a sole practitioner or run a large tax firm, the AICPA's "Tax Practitioner's Marketing Toolkit" is filled with client letters and surveys, presentations, brochures, and more! Show your clients that you're a tax pro - download your resources today. (Note: You must be an AICPA member to download the toolkit.
 
Workers Love AirPods Because Employers Stole Their Walls
Once upon a time, offices had walls inside them. They weren’t glass, like the conference rooms of 2019, but were made of drywall, and were usually painted a neutral color, like many of the walls you know and love. Over time, office walls gave way...
Needy CT employers offer receptive job market to 2019 college grads
Alex Argueta earned his bachelor’s degree from UConn this month, but he nailed down a full-time human resources job with Aetna in downtown Hartford back in November.
How Real Firms are Using AI for Audit
Audit professionals are using artificial intelligence in ways that are both expected and surprising, categorizing risk across entire ledgers and feeder systems without requiring a person to pore through vast amounts of data. Beyond the sheer...
House Sends Minimum Wage Hike To Senate After Marathon Debate
At 10 p.m. Wednesday the House began debate on a bill that would increase Connecticut’s minimum wage to $15 an hour and raise the wages of 332,000 workers in the state. The bill passed 85 to 59 after noon Thursday and is headed to the...
Why you can't wait to prepare for disaster
For a business or CPA firm, a disaster can take the form of a catastrophic weather event, a cyberattack, or even a sudden regulatory decision that may put the future of the organization in jeopardy. It may be impossible to prevent such a...
Want to work for L'Oreal? Get ready to chat with an AI bot
The internet has revolutionized the workplace over the past three decades. Artificial Intelligence is now poised to do the same, and businesses that don't capitalize on the technology risk being left behind. Global tech giants like Amazon...
Summer Benefits Workers Want
What do workers want from their employers this summer? In a recent survey from staffing firm Accountemps, employees said the best summer perks their companies could provide to them are flexible schedules (52 percent) and early departure on...
2019’s Best & Worst States for Working Moms
Women make up nearly half of the U.S. workforce, and more than 70 percent of moms with young children are working. Yet women earned only 85 percent of what men made in 2018 and have far less upward mobility, as evidenced by the fact that only 4.8...
Confronting the risks of artificial intelligence
With great power comes great responsibility. Organizations can mitigate the risks of applying artificial intelligence and advanced analytics by embracing three principles.
New requirement applies to any business seeking a tax ID number; IRS offers data security tips during National Small Business Week
During National Small Business Week, the Internal Revenue Service wants small business taxpayers and the self-employed to know that, starting May 13, an important change will affect the way it issues employer identification numbers, or...

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    Connecticut CPA magazine feature
Women in CPA Firm Leadership

By Joseph A. Tarasco, Chief Executive Officer and Nancy A. Damato, President, Accountants Advisory Group, LLC 

Today, women represent more than 50 percent of accounting graduates and female leaders in public accounting are much more prevalent than 20 years ago, but women still only represent approximately 20 percent of partners in the nation.

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Pre-Merger Employee Integration and Retention

By Paul N. Iannone, JD, CPA, MST, Founder, Tax Career Advisor LLC and author, “Extraordinary Tax Career.”

A merger of firms can be fraught with employee disruption and anxiety. The business of employee retention and integration should really begin during the merger talks. Dealing with this important issue only during the post-merger period ignores the reality that firm culture comprises both “leadership culture” and “employee culture.” Anticipating the employee’s vision and perceived alignment of values and mission of the combined firms is a critical ingredient that should play a significant role in merger negotiations.  

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    Connecticut CPA magazine feature
Is Your Organization NextGen-friendly?
What you need to know to engage tomorrow’s leaders today

By Brianna Johnson

It’s an employees’ market and young CPAs have options. Whether they wish to work in public accounting, industry, government, educational institutions, or start their own firms, opportunities abound. Because young CPAs are in high demand, firm and organization leaders must identify areas where their strategy, processes, and culture are not “NextGen-friendly,” and take steps to make their organizations more attractive to young CPAs.

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Defending Against a Succession Planning Crisis

By Joe Tarasco, Accountants Advisory Group, LLC

A succession crisis is occurring at public accounting firms across the country, driven by the vast numbers of Baby Boomer partners who will be retiring in droves over the next 10 years. Many CPA firms wish to remain independent, but few of them have completed and implemented formal plans to ensure their legacy.

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    How the Baby Boomer Retirement Wave is Creating Opportunities and Challenges for Everyone in the Accounting World

By Carl R. Johnson, CPA, President, CRJ Consulting

This aging of the baby boomers is creating a unique period of time for CPA firms in the United States, New England, and right here in Connecticut. For the next decade or so, there will be excellent opportunities for future employees, present employees, and firm owners – but those opportunities also come with major challenges for those same three groups.

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