Accounting
Avantax Sees $1.7 Billion in Newly Recruited Assets, Up 79%
Avantax also continued successfully recruiting accounting firms to its employee-based model with the new affiliation of three large accounting firms.
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
9 in 10 Accounting and Audit Firms Struggle to Find Talent
To tackle this challenge and boost client collaboration, accounting and auditing organizations are ramping up the adoption of advanced technologies such as ...
Accounting
Accounting Firm FORVIS Donates $500K to United Way for Hurricane Ian Relief in Florida
The firm’s donation also will help fund other unmet needs including construction costs for people repairing and rebuilding homes and labor costs for United Way staff assisting people through the recovery process.
Taxes
Avalara Launches Automated Property Tax Compliance Solution for Businesses and Accountants
For businesses, keeping up with property tax requirements like filing deadlines and payment processes can be a complex, manual, and error-prone process that leads to costly noncompliance.
Technology
AbacusNext Rebrands as CARET to Unify Technology and Automation Solutions for Legal and Accounting Professionals
CARET brands include OfficeTools, Abacus Payment Exchange (APX), HotDocs, AbacusLaw, Amicus Attorney, and Zola Suite, (now CARET Legal under the company’s new brand strategy).
Accounting
Accounting Thought Leaders Discuss Future of the Profession, Advisory Services, and Tax
Accounting thought leaders convened in New York City Feb. 20-22, 2023, for CPA Practice Advisor's 13th annual Accounting Thought Leader Symposium.
Accounting
72% of Middle Market Businesses Back to Pre-Pandemic Performance but Brace for Recession
When asked what the biggest workforce challenges are that they are facing, 36 percent of respondents said that retaining talent was their biggest hurdle.
Auditing
Thomson Reuters Introduces Checkpoint Engage Single Audit for U.S. Auditors
Checkpoint Engage Single Audit offers the flexibility to work from anywhere and allows multiple team members to collaborate on the same engagement simultaneously, with real-time updates.
Taxes
AICPA Wants Congress to Extend Sec. 174 R&E Expensing, Other Expired Tax Provisions
The AICPA supports the deferral of IRC Section 174 amortization requirement of the research and experimental expenditures and requests that Congress retroactively extend the effective date to ...
Sales Tax
VARC Solutions Helps Clients Outsource Sales Tax Compliance
Initially focusing on bookkeeping and payroll services, VARC Solutions has expanded to offer fully outsourced business management, payment processing, invoice management, consulting, implementation, and training.
Payroll
U.S. Companies Anticipate Increased Hiring in the First Half of 2023
58% of respondents anticipate adding new permanent roles during the first half of the year, up from 46% six months ago. Another 39% expect to hire for vacated positions.
Accounting
Retail Sales Increased in January
The U.S. Census Bureau reported that overall retail sales in January were up 3% from December and up 6.4% year over year. In December, sales were down 1.1% month over month but up 5.9% year over year.