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Isaac M. O'Bannon

Managing Editor

isaac.obannon@cpapracticeadvisor.com

Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies. Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy veteran. Email: isaac.obannon - @ - cpapracticeadvisor.com

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Accounting

U.S. Consumer Confidence Increased Slightly in March

While consumers feel a bit more confident about what’s ahead, they are slightly less optimistic about the current landscape.

Accounting

86% of Accountants Expect Technology to Drive their Firms' Growth in 2023

In 2023, accountants expect to spend an average of $15,800 on technology improvements and upgrades. Nearly half expect to invest in and adopt automation tools...

Accounting

UWorld Offers Scholarships for CPA Exam Review Course

The recipients will be selected based on merit, extracurricular achievement, and financial need. The Spring 2023 scholarship application deadline is April 28, 2023.

Taxes

AICPA Proposes Operational Plan for Resources Included in Inflation Reduction Act

The AICPA issues its position on the Internal Revenue Service’s (IRS) upcoming operational plan for the $80 billion appropriation provided to the IRS through the Inflation Reduction Act.

Taxes

AICPA Comments on Interim Guidance Regarding Corporate AMT

The American Institute of CPAs (AICPA) submitted comments and recommendations which identify and provide additional information regarding CAMT guidance.

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Taxes

Don't Take Tax Advice from Social Media

The IRS warns that trusting tax advice found on social media can lure otherwise honest taxpayers and tax professionals into compromising tax situations.

Firm Management

New England Firm Joins 10th Largest Global Accounting Network

Baker Newman Noyes has joined HLB International, of independent advisory and accounting firms with 40,831 professionals across 156 countries.

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Taxes

Internal Revenue Service Employee Charged with Theft of Government Vehicle

If convicted, the person could receive a maximum term of 10 years in prison and a fine not to exceed $10,000.

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Taxes

Is Massachusetts Losing High Income Residents?

The report points to the state’s tax policies that make Massachusetts an outlier.

Accounting

AICPA Leadership Academy Accepting 2023 Applications

The AICPA Leadership Academy is designed to strengthen and expand the leadership skills of promising young professionals.

Taxes

IRS Gives Some New York Taxpayers and Businesses Until May 15 to File and Pay Taxes

Taxpayers and businesses in Erie, Genesee, Niagara, St. Lawrence and Suffolk counties qualify for tax relief.

Payroll

Paychex Charitable Foundation to Donate $1 Million to Mental Health America

The grant focuses on improving access to mental health education and resources in the company’s key markets across the U.S.