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Crowe Chizek said it plans to combine practices with Carter, Belcourt & Atkinson, expanding the Oak Brook, Ill.-based accounting firm's footprint in Florida.

Fidelity Investments has begun offering a Web-based retirement-planning tool, Fidelity Retirement Income Evaluator, aimed at helping advisors create and manage retirement plans for clients.

Small businesses added 44,000 jobs in the United States in August, according to a new report, but large companies shed 6,000 jobs last month, bringing the total number of new jobs to 38,000.

xTuple introduced Version 2.2 of its OpenMFG enterprise resource planning software and said the free, open source version, PostBooks, has been downloaded more than 12,000 times since it was introduced a month ago.

The House Ways and Means Committee held hearings on proposals to raise taxes on managers of private equity firms and hedge funds, and to combat the expanding impact of the alternative minimum tax, as well as listening to testimony about the impact of the Bush tax cuts.

The International Accounting Standards Board issued a revised version of its standard for the presentation of financial statements aimed at improving users' ability to analyze and compare the information in them.

Thomson Corp. said it would acquire the Deloitte Tax LLP Property Tax Services business for an undisclosed sum.

KPMG's Canadian arm found itself on the receiving end of a class-action lawsuit, claiming that the firm did not properly compensate employees for their overtime work or denied them overtime compensation altogether.

The Virginia Society of CPAs debuted an "Ask a CPA" e-mail program that promises free answers to personal financial questions within three business days.

Accounting firm Grant Thornton has launched a Financial Services Group in the United Kingdom that combines its old Financial Markets Group with the financial services practice it acquired from its merger with RSM Robson Rhodes in the U.K.