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Senate Finance Committee chairman Max Baucus, D-Mont., released a third set of proposals Thursday to overhaul America’s tax code, this one focusing on reforms to tax accounting and cost recovery rules.

“Complexity is the biggest challenge and the biggest opportunity” were the opening words of a keynote speech given by CPA2Biz president and chief executive Erik Asgeirsson here at the 2013 Digital CPA Conference, and helped define the theme of the overall event.

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.

Small business owners are returning to more guarded management techniques, as shown by a decline in the rate of new hires and an increase in those maintaining current compensation levels.

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.

Online payroll provider SurePayroll Inc. has found the government shutdown had a significant impact on businesses with 10 or less employees, causing them to rethink expectations for the future and question their leaders.

U.S. small business employment declined in October, as did compensation and hours worked for their hourly employees, according to figures from Intuit.

ACL has released upgrades to its cloud-based risk management, audit management, and compliance offering ACL GRC and its flagship data analytics software ACL Analytics.

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.