Effective January 1, 2025, Connecticut’s paid sick leave law will undergo significant changes designed to expand access and provide broader coverage for employees across the READ MORE

The IRS recently announced a new multistage regulatory initiative to close what it calls a “major tax loophole exploited by large, complex partnerships.” This move READ MORE

As we move through the summer months, now is an opportune time to assess your small business’s financial health and explore strategies to reduce your READ MORE

As audit season begins for calendar-year entities, it’s important to review issues that may arise during fieldwork. One common issue is materiality. This concept is READ MORE

The top line of an income statement for a for-profit business is revenue (or sales). Reporting this line item correctly is critical to producing accurate READ MORE

When it comes to selling assets, understanding the difference between capital and ordinary gains and losses isn’t just tax savvy—it’s financial wisdom. In this article, READ MORE