Practice Management

Kabat, Schertzer, De La Torre, Taraboulos & Co. has plans to merge with Homestead, Fla.-based Conn & Sharp PA. The combination is expected to go into effect on December 1.

A pair of congressmen who are also physicians, Ami Bera, M.D., D-Calif., and Charles Boustany, M.D., R-La., introduced a bipartisan bill late last month to make health care more affordable for working families, small businesses and seniors.

With only weeks remaining in 2013, many Americans have finalized their financial planning for the year, thinking they’ve done all they can to maximize tax savings. But many do not know there are still a number of opportunities to do some last-minute finagling to save as much as possible.

Privately held retailers are growing sales at an annual rate of less than 1 percent so far in 2013, the lowest annual rate since 2009, according to data from the financial information company Sageworks, indicating a slow holiday season ahead for many retailers.

The Internal Revenue Service needs to improve its use of return on investment data in managing tax enforcement resources, according to a new government report.

The Internal Revenue Service Advisory Council has released its annual report featuring recommendations on a wide range of tax administration matters, including a suggestion that the IRS expand its voluntary correction programs to make it easier for taxpayers to self-report any prior year non-compliance.

The Bonadio Group and Stulmaker, Kohn & Richardson have finalized an arrangement to merge, and will operate under the Bonadio name beginning December 1.

Senate Finance Committee chairman Max Baucus, D-Mont., unveiled a series of proposals Wednesday to combat tax fraud and make the tax-filing process simpler and more efficient.

Long-time Sage North America partner RKL eSolutions has effectively expanded its Sage 500 ERP practice, primarily by taking on former consultants, executives and product customers from Portland, Ore.-based Sage partner ISM.

Some big-dollar tax deductions that affect businesses are set to expire in 2013, so now’s the time to make sure your company considers taking advantage of them for the current tax year. Doing so may allow you to buy more equipment, send less to the IRS, or both.