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AICPA’s House Testimony Highlights Members’ Concerns about Publication of PTIN Registration Information
The American Institute of CPAs (AICPA) highlighted its members’ concerns about online publication by the Internal Revenue Service (IRS) of Preparer Tax Identification Numbers (PTINs) registration information in its testimony for the record...
IRS Raises Health Savings Account Limits for 2018
The annual limit on deductible contributions to a health savings account (HSA)  go up by $50 in calendar year 2018 for individuals with self-only coverage, according to the IRS.  The IRS issued Revenue Procedure 2017-37 on May 4, which provides...
Gov. Malloy Releases Updated Budget Proposal
On May 15, Governor Dannel P. Malloy released an updated Fiscal Year 2018-2019 biennial budget proposal. With April tax receipts underperforming expectations, this proposal cuts General Fund expenditures an additional $241 million and other...
Dues invoices went out via email. Didn't receive yours? Please update your email address!
It’s dues renewal time! The world is changing. Lead the change with us. Didn’t receive your emailed invoice or need to update your email address? Please login to your member account to update your information or contact CTCPA...
Burning Questions Facing the Class Of 2017
Source: www.roberthalffinance.com May 9, 2017 MENLO PARK, CA - With graduation season upon us, members of the Class of 2017 are planning their entry into professional careers. Many resources exist to help new grads craft a resume or prepare for...
Office of Fiscal Analysis Releases April State Budget Projections
As of May 5, the Office of Fiscal Analysis is projecting a deficit of $380 million. This new projection reflects the negative impact of income tax collections in April and various other updates included in the consensus revenue...
U.S. House Passes Its Version of a Healthcare Bill Aimed at Repealing and Replacing Affordable Care Act (CT Mirror)
The House bill passed on May 5 by a 217-213 vote. Every Democrat, including all five Connecticut members of the House, voted against the bill. Next, the Senate will draft its own version of a healthcare bill.
Survey Reveals Who Gives the Worst Career Advice: Friends and Parents Top the List
Think twice before taking career advice from your BFF. In a recent survey from staffing firm Accountemps, two-thirds (66 percent) of workers said they've received bad career advice, and friends (35 percent) were the most likely to give them a bum...
Gov. Malloy Selects Michelle Seagull to Serve as Commissioner of the Department of Consumer Protection
Governor Dannel Malloy announced today that he is appointing  Michelle Seagull  of Glastonbury to serve as Commissioner of the Department of Consumer Protection.   Seagull, who has served as Deputy Commissioner of the agency since 2011, has been...