Accounting

Bringing your children or other family members into the family business can be a smart financial strategy. Besides...

Connecticut accounting firms are rapidly adopting artificial intelligence to handle routine tasks like data entry and financial analysis, with industry surveys showing 21% already using the technology and another 53% planning or considering adoption amid pressure to deliver faster insights.

The company said the funding will be used to expand its bookkeeping, bill payment and multi-entity accounting capabilities.

Shelton-based The Innovative CPA Group has merged with Cerrone, Graham & Shepherd PC.

A Woodbridge man has been sentenced to 32 months in federal prison for defrauding a COVID-19 pandemic relief program.

Stew Leonard Jr. plans to hand off CEO role within the next couple years after 34 years leading the Norwalk-based grocery chain. The next CEO will come from five family members, marking a third-generation transition.

Woodbury-based Rivet Tax has raised $5.1M in seed funding after launching in January 2024. The AI-powered tax prep firm now employs 44 people and serves 600 clients.

Sturm, Ruger & Co. says it has adopted a one-year shareholder rights plan after an Italian gunmaker disclosed that it had built nearly a 9% ownership stake in the company.

The Connecticut Society of Certified Public Accountants is relocating from Rocky Hill to a smaller office in Glastonbury as it adapts to members’ preferences for virtual learning.

A Norwalk-based online human resources management company has been bought by a United Kingdom provider of accounting...