Latest News and Updates

Marcum Tax Partner Michael Maksymiw Appears on WTNH Segment to Discuss Small Business Relief During the Coronavirus Pandemic
“The point of the program is to get the funds into the business owners’ hands so they can pay themselves and they can pay their employees so they can buy groceries and continue to live while we are in this isolation period,” Maksymiw said. “You...
Managing through ‘perspective-taking’ in the coronavirus era
Everyone is adjusting to life during the COVID-19 (coronavirus) pandemic. For many, working from home is the new normal and poses all sorts of new challenges. Anyone in a position of management has, overnight, lost many of the tangible aspects of...
A shipping industry leader explains how to keep supply chains moving amid a pandemic
As countries locked down to slow the spread of Covid-19, many people rushed to stock up on essentials. Food, toilet paper, medication, hand gel, and surgical masks temporarily disappeared from shelves in many countries. What makes it even harder...
Massachusetts Tax Filing and Payment Relief for Personal Income and Corporate Excise Taxpayers Affected by COVID-19
This TIR announces tax filing and payment relief for personal income tax and corporate excise filings and payments in response to the 2019 novel Coronavirus (“COVID-19”).
Auditing Standards Board to consider one-year deferral of effective dates
The effective dates for seven recently issued generally accepted auditing standards may be deferred by one year when the AICPA Auditing Standards Board (ASB) holds a special open meeting from 2 to 4 p.m. on April 20 to discuss relief due to the...
The GASB Continues to Address Practice Issues Arising from COVID-19 Pandemic
The Governmental Accounting Standards Board (GASB) continues to share concerns about the stakeholder impact of the coronavirus (COVID-19) pandemic. The GASB is actively addressing and responding to the evolving situation. We are committed to...
IRS issues warning about Coronavirus-related scams; watch out for schemes tied to economic impact payments
The Internal Revenue Service today urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the Coronavirus, or COVID-19. These contacts can lead to tax-related fraud and identity theft. "We urge people to...
Whittlesey featured in HBJ article 'Here's how 3 Greater Hartford CEOs have dealt with the coronavirus'
The coronavirus pandemic continues to bring unprecedented disruption to Connecticut businesses, but after nearly a month of upheaval, many companies have adapted to a new norm. There is still much uncertainty ahead, but Hartford Business...
AICPA-led coalition supports gross pay approach as calculation standard for PPP loans
An AICPA-led small business funding coalition, in conjunction with the National Payroll Reporting Consortium, issued a statement supporting the use of gross payroll based on 2019 data in calculations for Paycheck Protection Program (PPP) pandemic...
Central CT United Way's virtual annual meeting suffers ‘Zoombombing’
A cyberharassment trend that’s been exploding during the ongoing COVID-19 crisis has struck a Greater Hartford charity’s 95th annual meeting. At the United Way of Central and Northern Connecticut’s virtual meeting, held Thursday evening using...

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Resources from Governmental Agencies and Health Organizations

Stimulus package by the numbers

Economic impact payments: What you need to know

Guidance and Updates on Connecticut's Coronavirus Preparedness Efforts

Centers for Disease Control and Prevention: 
Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019

World Health Organization:
Coronavirus Disease (COVID-19) Outbreak Information

United States Department of Labor Information for Workers and Employers

AICPA Coronavirus Resource Hub