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CT Mirror: Malloy criticizes budget outline; Fasano calls him ‘irrelevant’
Two days after House and Senate leaders announced an agreement in principle, questions abound about the depth and breadth of spending cuts, the distribution of municipal aid, the source of new revenues, and the extent to which collective...
CT Mirror: Legislators announce tentative, bipartisan budget deal
State legislative leaders declared Wednesday they had crafted the framework of a bipartisan deal to end Connecticut’s 110-day budget impasse, while conceding some key details, including distribution of town aid, remained to be resolved.
CPA Firm Novak Francella Merges Buckley Frame Boudreau & Company
Certified Public Accounting firm Novak Francella LLC announced that Buckley Frame Boudreau & Company is joining its firm. Novak Francella has an established track record of providing accounting and advisory services to the labor and multiemployer...
DRS: State Standards for Commercial Tax Preparers Begin
On October 1st, new state standards for commercial tax preparers went into effect. The new state law will protect taxpayers from unfair business practices and assure that income tax preparers are qualified.  Said Department of Revenue Services...
Update Your Wireless Devices: The 'Secure' WiFi Standard Has a Huge, Dangerous Flaw (Wired)
Keep your eye on Connecticut's local elections: CT News Junkie Voter Guide
Hartford Business Journal: Another day of negotiations yields optimism, but no budget deal
The state's long-running budget drama took a new twist Tuesday as some legislative leaders hinted they were closer than ever before to a bipartisan deal, absent any input from the Democratic administration of Gov. Dannel P. Malloy.
State Retirement Plan Mandate Delayed
Many employers were concerned with the compliance requirements for Connecticut's employee retirement plan mandate that was to take effect January 1, 2018. The good news is that, despite claims from certain payroll providers trying to get your...
AICPA Study Identifies Three Factors Driving Audit Quality
A new study by the Peer Review Program revealed a set of factors that had a strong correlation with quality in single audits . In the study, the Peer Review team randomly selected a sample of 87 single audits from its Enhanced Oversight Program....
Extension Filers: Deadline is Monday, Oct. 16; Prior-Year Adjusted Gross Income Amount May Be Needed to File Electronically
The Internal Revenue Service has an important reminder for taxpayers who filed for an extension and face an Oct. 16 filing deadline: The adjusted gross income (AGI) amount from their 2015 return may be needed to electronically file their 2016 tax...