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The Senate Finance Committee asked a series of corporate executives about whether they could accept the loss of some corporate tax breaks in exchange for lower tax rates. For the most part, they said yes.

Edward W. Monborne, CPA, has been named chief executive officer of Reinsel Kuntz Lesher LLP, succeeding J. Andrew Weidman, who has been named chairman of the board.

Web-based time billing software Bill4Time released its QuickBooks Connector application Thursday, allowing users to import data from their Bill4Time account to QuickBooks, Pro, Premier and Online products.

Congress held an oversight hearing Thursday to examine progress on the Internal Revenue Service’s new tax return preparer initiative.

The Internal Revenue Service needs to do a better job of safeguarding sensitive information about taxpayer bankruptcy petitions, even from its own employees, according to a new government report.

SaaS-based corporate performance management provider Host Analytics has released an updated version of its Decision Hub product, a central resource for finance professionals and CPAs that includes indicators and benchmarking data as well as currency exchange rates and spread codes.

Sage North America announced a new Sage Simply Accounting User Certification program to train Canadian accounting and bookkeeping students in its accounting software.

The National Association of State Boards of Accountancy and the American Institute of CPAs have launched a new Web site, CPAmobility.org, that provides up-to-date information on the status of CPA mobility laws across the country.

Small businesses may now face a new challenge with holding onto their employees as employee loyalty shows signs of eroding, according to a new survey.