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Cloud-based document storage and sharing service provider SmartVault has released an Apple iPad app that allows users to browse, search, view, and share documents on the go from their tablet.

Deltek Inc., a developer of software for enterprises, professional services firms and government contractors, will be sold to private equity firm Thoma Bravo for $1.1 billion, effectively making it a private company.

Regional accounting firm Eide Bailly plans to merge in Utah-based Schmitt, Griffiths, Smith & Co. on Nov. 1.

Republican presidential candidate Mitt Romney and his wife, Ann, have used sophisticated estate- planning techniques for more than a decade to minimize taxes and amass at least $100 million for their family outside of their estate.

Barry L. Sunshine has joined Janover LLC as a tax partner.

Edward D. Warren has joined Smith Elliott Kearns & Co. LLC as director of marketing.

Bonny Rock has joined CBIZ MHM LLC as a managing director in the National Property Tax Practice.

To reach their full potential, individuals who have been promoted to new leadership roles in their firms, whether they are partners, shareholders or principals, must master both technical and soft skills.

JPMorgan Chase & Co.’s board of directors assigned former KPMG International Chairman Timothy Flynn to its risk committee after an internal probe blamed lax controls for a $5.8 billion trading loss in London.

Cindy Fornelli, executive director of the Center for Audit Quality, sees the demands increasing for auditors to do a better job of demonstrating independence, objectivity and professional skepticism, especially in the wake of recent financial scandals.

The Securities and Exchange Commission has adopted a rule mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act requiring companies to publicly disclose their use of conflict minerals that originated in the Democratic Republic of the Congo or an adjoining country, and independently audit the reports.

A former Internal Revenue Service employee has been sentenced to two years in prison for identity theft and filing fraudulent income tax returns.

The Newark Field Office of the Internal Revenue Service’s Criminal Investigation division has stepped up its efforts this year to investigate tax fraud and other financial crimes.

Our 2012 Wealth Magnets are talking to their financial planning clients more than ever.

The focus of most taxpayers on their income taxes, small business taxes and potential estate taxes, with a gripe now and then about local sales taxes, misses a big chunk of the portion they pay every year: property taxes.

Three Republicans from the House Committee on Oversight and Government have written a letter to IRS Commissioner Doug Shulman demanding he explain a recent rule that would extend tax credits to individuals who buy health insurance from an exchange set up by the federal government when their state has failed to set up such an exchange.

The Tax & Accounting business of Thomson Reuters has added support for the new medical device excise tax from the health care reform law to its tax compliance software.

Daniel Rezin will join the fee-only wealth management firm’s executive management team

Armanino Consulting, the technology arm of regional accounting firm Armanino McKenna, has purchased Naperville, Ill.-based Intacct partner and cloud consultancy AccessTek, effectively expanding Armanino’s Intacct practice in addition to its overall cloud accounting and financial product sales and consulting practice.

Recent promotions, new hires and more