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Plan to save families $2,000-plus hinges on fiscal good fortune, healthcare cuts

Wire transfer fraud is a risk to any business. Here are 10 actions to take to help prevent your firm from falling victim to a wire fraud scam. Wire transfer fraud, typically perpetrated via business email compromise, is a known risk to all types of businesses, including CPA firms. When a CPA firm handles client money, additional risk ensues.

For the second consecutive year, a watchdog has labeled the IRS’s cybersecurity program so ineffective that taxpayer data could be at risk if the agency fails to address security weaknesses.

HarperWhitfield, P.C. proudly announces that Gregg Lionetti, CPA, CVA of Wallingford has been named Partner, effective July 2026. Gregg began his career with HarperWhitfield in 2009 as a student co-op while attending Central Connecticut State University. What began as an early introduction to the profession ultimately became a career distinguished by technical excellence, trusted client service, and leadership.

Republican gubernatorial candidate Sen. Ryan Fazio, R-Greenwich, and Democratic Gov. Ned Lamont laid out their competing priorities for improving affordability and opportunity in Connecticut, if elected.

One in three U.K. workers are using generative AI for work of their own accord, according to a Deloitte survey of 25,000 workers.

A government watchdog has confirmed what many CPAs and their clients experienced during the 2026 filing season: The IRS’s CP53E notices created confusion among taxpayers as the agency pushed them toward electronic refunds and away from paper ones under an executive order.

AI in hiring is becoming more common, but a lack of transparency around employers’ use of AI to evaluate candidates is eroding trust, a global report shows.

Gov. Ned Lamont put down a marker with more than 40,000 unionized state employees this week, reaching an “understanding” to extend valuable retirement benefits for at least one year in the next gubernatorial term.

With a pair of new laws intended to protect residents’ privacy and information from the use of artificial intelligence, Attorney General William Tong addressed the major provisions of two related bills going into effect Oct. 1.

In its opening brief in a case that could affect millions of taxpayers and billions of dollars in potential refund claims, the federal government argued that a lower court misread a COVID-era tax relief law, turning a 60-day extension into a postponement period lasting more than three years.

As electronic forms and AI screening take over hiring, Philip Fisher asks if the profession is losing the judgment recruitment depends on.

Gen Z professionals may be considering a job change to improve their earning potential, according to research from talent solutions and business consulting firm Robert Half. In a recent survey, more than half (55%) say they plan to look for a new job before the end of the year, up from 32% one year ago.

Many businesses appear more focused on building an efficient workforce than an empowered one, and artificial intelligence is being used in ways that are overwhelming many employees.

Both chambers of Congress return to Capitol Hill this week for a brief session before heading back to the campaign trail until mid-November.

The state is offering small businesses a new tax incentive worth up to $1,000 per employee annually to encourage more employers to provide health coverage as insurance costs continue to rise.

Executives spend almost twice as much time working with artificial intelligence tools as other employees.

The returns mark the fourth consecutive year pension investments have eclipsed the state’s 6.9% target.

A federal appeals court has affirmed a preliminary injunction blocking an IRS policy that disclosed thousands of taxpayers’ addresses to immigration authorities, agreeing the agency’s automated process likely violated the strict confidentiality protections Congress built into the Tax Code.

The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that improves how investment companies such as mutual funds measure the fair value of an equity security that is subject to a contractual sale restriction.