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“The world has dramatically changed,” said Jon Baron, Thomson Reuters’ managing director of professional tax and accounting, during his keynote kicking off the 32nd annual Thomson Reuters SYNERGY Users’ Conference for Professional Tax & Accounting Firms in Grapevine, Texas.

Cincinnati accounting firm Barnes Dennig has set up a recovery fund for senior staff accountant Nancy Blaut, who was involved an accident Sept. 30 with family members Dan and Chris that took her husband’s life and left her fighting for her own.

Corporate enterprise tax software provider Vertex Inc. has released Vertex Tax Accounting, a product designed to improve global provisioning as well as provide a source for modeling tax planning strategies.

Ellie Baker, co-founder of Baker Newman Noyes, has been selected as the firm's new managing principal.

CCH has introduced the new weekly electronic publication, Global Tax Weekly – A Closer Look, which promises to provide up-to-date analysis and insights into international tax developments.

Even with the elections finally out of the way, the expiration of the current tax rates at the end of the year, along with the threat of the “fiscal cliff,” still need to be resolved.

More than three years after the official end to the recession considered the worst since the Great Depression, U.S. businesses are recovering but not recovered.

The election results, while no surprise, have pretty much left us where we were in terms of tax policy, according to Roger Harris, president of Padgett Business Services.

In one of his last appearances before his departure on November 9, IRS Commissioner Doug Shulman touched on a number of issues confronting the service and the accounting profession in general.

In the aftermath of the elections, the payroll tax cut appears to be one of the likely casualties of the scramble to resolve questions over expiring tax cuts and the looming fiscal cliff during the lame-duck session of Congress.