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Articles

How to Adopt a Retirement Distribution Mindset
Switching from a savings mentality during your working years to a spending one in retirement takes a good plan. Here are some strategies for positioning your savings to safely and comfortably support your retirement lifestyle.
Why some healthcare companies are betting big on blockchain
Quick -- what’s the first thing you think of when you hear the word blockchain? If you said bitcoin or some other type of cryptocurrency, you’re not alone. Most people associate blockchain with cryptocurrencies, trading, and remittance...
IRS announces multi-year plan to update, modernize IT systems; Effort focused on improved taxpayer services, expanded cybersecurity and taxpayer data protections
The Internal Revenue Service released today a six-year plan to modernize the agency’s Information Technology systems and improve a variety of taxpayer services critical to the nation’s tax system. The plan outlines a bold strategy to enable...
Minimizing federal income tax on trusts under the TCJA
Having recently closed out another individual and trust tax return season (extensions excepted, of course), CPAs, attorneys, trustees, and financial advisers are noticing that the disparate tax treatment between trusts and individuals, which has...
5 Areas CPA Firms Can Improve With a Peer Network
In many firms, this tax season was the hardest in recent memory and in times like these we need to look outside of our own organizations for new ideas and best practices. Joining a peer community can push you beyond your existing limits and...
Class Of 2019: Chances Of Getting Hired Look Promising
Follow your passion. Find your dream job. Receive your first paycheck. For the graduating class of 2019, global staffing firm Robert Half's research suggests the chances of being hired are good. According to a survey of employers across the...
Governor Lamont Launches Statewide Performance and Results Agenda
Governor Ned Lamont today convened the first cabinet meeting of his administration, where he announced his vision to implement a data-driven state government that is user-friendly, cost-effective, data-informed, and results-driven. The effort...
Department of Labor Employees Lobby To Keep Paid FMLA In-House
On their own time, Department of Labor employees delivered a petition to Gov. Ned Lamont’s office Monday asking him not to privatize any part of any Paid Family and Medical Leave program that’s approved by the General Assembly.
Is CT stepping off its fiscal rollercoaster? Income tax receipts appear stable.
After watching Connecticut income tax receipts fluctuate by hundreds of millions of dollars over the past two years, state officials appear to be getting off the fiscal rollercoaster this spring. What it means, if early trends continue for...
Bloomberg: Connecticut Has 4th Most Innovative Economy in Nation
Bloomberg has found Connecticut to have the nation’s fourth most innovative economy in its new U.S. State Innovation Index. They based their rankings on six equally-weighted metrics: research and development intensity, productivity, clusters of...