News

Big Four firm PwC announced that its U.S. and U.K. firms have signed a deal with OpenAI to become its first reseller for ChatGPT Enterprise and the largest user of the product. This means that, beyond just helping clients leverage ChatGPT Enterprise, the generative AI bot will be implemented across PwC's entire workforce in order to further scale its AI capacities.

If you're an employer debating whether to offer workplace flexibility to boost talent acquisition efforts or an employee seeking a role that offers flexibility, understanding the trends in your region can be a valuable tool.

Several CTCPA members and Executive Director and CEO Bonnie Stewart were featured in this article on the change in demographics at Connecticut accounting firms.

Amber Tucker of Fiondella, Milone, and LaSaracina recently penned the Hartford Business Journal article 'Long-term , sustainable giving is key to arts and culture funding.'

The AICPA has made recommendations to the IRS on its 2024–2025 Priority Guidance Plan, including on the corporate alternative minimum tax (AMT) and group exemption letters.

Gov. Ned Lamont has signed several of the legislature’s flagship bills into law this week, including the controversial expansion of the state’s paid sick days program and the Senate’s priority healthcare legislation.

A new quiet term, reverse mentoring, and shadow policies add to the list.

Financial advisors and tax professionals wondering how artificial intelligence can help them may consider the concept of a quality chess player who uses technology to beat a grandmaster.

On the last day of the session, the Senate surprised many members of the House by introducing an amendment to the car tax bill.

New data shows that many companies are promoting talent internally through CFO succession plans.

The Internal Revenue Service announced today an extension of the current Free File program through 2029 following an agreement that will continue to make the free private-sector tax software available to taxpayers.

The diversification of finance roles includes greater collaboration and increased responsibilities outside the traditional tasks of the function.

Could the new wave of artificial intelligence remove layers of associates and juniors as firms automate more ‘menial’ tasks in search of efficiencies? And what effect could this have on the accounting landscape as we know it today?

The Southern Connecticut State University School of Business recently presented CTCPA Honorary Member Mark Zampino with its “Outstanding Career Service Recognition Award.”

The intergenerational transfer of wealth is happening and there will be a significant number of SMBs looking to exit in the near future as a result. With this, there will be opportunities for CPAs to connect to the next generation of entrepreneurs and wealth holders. These opportunities come with a generational caveat — there are fewer CPA graduates, meaning more work with less time.

The Connecticut Society of Certified Public Accountants (CTCPA) has elected and installed its Board of Directors for the 2024-2025 activity year at its Annual Meeting held at the Aqua Turf Club in Plantsville.

The Connecticut Society of Certified Public Accountants (CTCPA) honored Avon resident Drew G. Andrews, CPA of Whittlesey with the 2024 Jack Brooks Leadership Award at the CTCPA Annual Meeting on May 16. The Jack Brooks Leadership Award is presented annually to a CTCPA member whose personal efforts have advanced the accounting profession and strengthened the organization. It is named in memory of former CTCPA Executive Director Jack Brooks, a loyal champion of Connecticut CPAs.

The Internal Revenue Service is currently drafting proposed regulations on digital asset reporting requirements, but their final direction remains uncertain.

Connecticut State Senator James Maroney issued a statement Friday decrying the government’s failure to come up with regulations for artificial intelligence as misuse of the technology continues in the open market.

The agency outlined a list of eight “AI Principles for Developers and Employers” on Thursday, following up on a 2023 directive from the White House.