Connecticut news

Community News

Marien + Company, LLC Merges with O'Connor Davies Munns & Dobbins, LLP

Marien + Company, LLC, which has been servicing clients in eastern Connecticut for the last thirty-one years, is now practicing as O'Connor Davies, LLP. In addition to traditional accounting, tax, and consulting services, Marien + Company brings a significant government and nonprofit practice to O'Connor Davies.
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Community News

Community Announcements: Week of January 16, 2012

Following is the latest roundup of accounting community news for the week of January 16, 2012.
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A&A

AICPA Awards $233,300 to Seventy-Eight Minority Accounting Students

The AICPA Scholarship for Minority Accounting Students program began in 1969, with the aim of increasing ethnic diversity in the CPA profession. Since the program's inception, the AICPA Foundation has awarded more than $14.6 million in scholarships to approximately 8,000 accounting students.
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Tax

Sales Tax on Online Purchases Is On the Rise

This holiday season, online shoppers will find more states are looking to make sure gift givers also give their state its fair share – in terms of sales tax for online purchases.
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Election 2012

Tax talk leads off GOP debate in Florida

The latest Republican debate in Orlando kicked off with a clear focus on taxes and their effect on small businesses and overall economic growth.
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Tax

IRS extends additional tax relief to Hurricane Irene victims

In the aftermath of Hurricane Irene, the IRS has updated its Web site to provide filing and payment relief to more taxpayers in federal disaster areas declared in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Puerto Rico, and Vermont.
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Tax

Amazon, California reach agreement in sales tax battle

Lawmakers in California say they've reached a truce with Amazon in a contentious disagreement over whether the online bookseller should collect state sales tax.
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Education & Careers

PCAOB selects academic institutions to receive scholarships for 2011-2012 year

Accounting students from 52 undergraduate and graduate institutions will be the recipients of scholarships awarded by the Public Company Accounting Oversight Board (PCAOB).
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Education & Careers

A social life: When employees and applicants take to Facebook

Imagine one of your employees bashes your company or their coworkers on Facebook. You might think that you could fire that employee. But you would probably be wrong.
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Tax

Amazon ends California and Connecticut Associates Programs in response to sales tax legislation

Amazon.com has ended its associate affiliation programs with online retailers in Connecticut and California in response to restrictive sales tax legislation.
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A&A

The voice of Yale hockey: Mild-mannered accountant Mark Ryba

Whoever said accountants are stuffy has not met, or rather heard, Mark Ryba. He’s fairly unassuming. He talks numbers by day. But on weekend nights, his exceptional voice booms off the walls at Ingall’s Rink as the announcer for Yale’s hockey team.
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Community News

BlumShapiro announces merger with Needel, Welch and Stone

Connecticut-based BlumShapiro has announced its merger with the Rockland, MA-based accounting, tax and business consulting firm Needel, Welch & Stone, P.C. (NWS). The merger became official as of January 1, 2011.
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Education & Careers

CPAs might meet experience requirement by working in industry

Michigan became the latest state to accept industry experience for original CPA certification, leaving New Hampshire, Wyoming, and the U.S. Virgin Islands as jurisdictions that still do not accept industry experience.
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A&A

Panel works on final recommendation for separate standards board for private companies

The Blue Ribbon Panel continued its discussion on how to modify existing standards-setting process for private companies during its meeting last week.
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Tax

Tax Foundation releases state business tax index

South Dakota's tax system is most welcoming to economic activity while New York's tax code ranks 50th as the least hospitable, according to the Tax Foundation's most recent edition of the State Business Tax Climate Index, which ranks the tax systems of the 50 states.
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Community News

Citrin Cooperman acquires firms in New York, New Jersey; may acquire more in 2010

Citrin Cooperman this week announced that New York-based Wlodinguer, Erk & Chanzis and New Jersey-based Rose, Dratch & Gilbert have joined the regional accounting and business consulting firm.
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Community News

Former KPMG Chairman Hanson dies at 84

Walter E. Hanson, former chairman of KPMG, died last month after a long illness at his home in Newport Beach, California. He was 84.
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A&A

Russell Golden appointed to FASB, replacing Herz

The Board of Trustees of the Financial Accounting Foundation has announced the appointment of Russell G. Golden to the Financial Accounting Standards Board, effective October 1, 2010. Golden will fill the board member vacancy on the FASB resulting from the retirement of Robert H. Herz
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Tax

IRS can spell tax relief for disaster victims

"I'm from the government and I'm here to help you" may be regarded by some to be the most terrifying words in the English language, but not so when you are dealing with a disaster.
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Tax

Film tax credits: A hot topic for state budgets

You might have heard that many states use film tax credits as a way to attract production companies to make movies and TV shows within their borders, resulting in jobs for residents and publicity for the state. With budgets tightening, some states are suspending or reducing the incentives, while others are enhancing their existing programs and creating new ones.
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Pages

Voice of the Editor

Results from a recent AICPA survey disclosed the two top priorities for CPA firms as they plan for the future: bringing in new business and finding talent. Our goal at Sift Media is to help our readers deal with the issues most important to them. One way in which we are doing this is through the launch of our new recruitment/placement service, Going Concern Jobs. Check it out today for your talent needs.
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Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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