The Latest

Connecticut accounting firm Guilmartin, DiPiro & Sokolowski has merged in the practice of Rick Morin & Associates, adding a new partner and expanding the firm’s tax capabilities in the Middletown, Conn., market.

Accounting & Consulting Group has acquired the Roswell, N.M.-based accounting firm Andrews Smith Lowery & Co. for an undisclosed sum, expanding its agricultural client base.

CCH Small Firm Services released ATX 2012, the latest version of the company’s tax software, designed to offer improved efficiency, expanded client customization options and a new user interface.

The Internal Revenue Service has stepped up its efforts to investigate possible misconduct in the municipal bond sector, more than doubling the number of examinations it conducts per year.

The Securities and Exchange Commission’s recently issued rule requiring companies to disclose their use of minerals from the war-torn Democratic Republic of the Congo could be an early indication of a future direction of regulators, prodding companies into providing more disclosures of environmental, social, humanitarian and labor issues.

Intuit has released several updates to QuickBooks Online, including improved online banking features, income transaction tracking, and an Intuit App Center for third-party applications that integrate with QuickBooks Online.

The best time to leave public accounting is after the three- to six-year mark, recommends a new report that relies on advice from alumni of the Big Four firms and Minneapolis-area CFOs.

Almost half of parents have no financial plan in place, and nearly 20 percent of parents created a plan only after having children, according to a new poll.

The Senate Finance Committee has released the legislative text of the tax extenders bill, spelling out the reasons for extending certain tax breaks or for letting them expire, along with dissenting views from a trio of senators.

James N. Kinney, partner at audit, accounting and advisory firm WeiserMazars, has been elected to Literacy Nassau’s board of directors to support the service in its mission to help functionally literate adults and their families reach personal success.