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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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tax-scam

Taxes

IRS Warns of Scams Involving Offers in Compromise: "OIC Mills"

The Internal Revenue Service is alerting taxpayers to beware of promoters claiming their services are necessary to resolve unpaid taxes owed to the IRS while charging excessive fees, often with no results.

Accounting

LeaseCrunch to Hold Webinar on GASB 87 and GASB 96

The webinar will take place on September 26 at 1:00 p.m. CDT.

Small Business

Postal Mail Still Plays Critical Role in How America Communicates

From personal letters to essential business documents, consumers and companies alike are still mailing, driven by a desire for personal connection and reliable communication.

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Small Business

Small Businesses Bracing For Challenging Holiday Season, Study Shows

Small businesses stated that the biggest holiday mistake they made in 2023 was trying to do too many things at once with their marketing.

economy1

Federal Reserve Cuts Interest Rates by Half a Point

The rate is the amount it charges banks to borrow funds, which in turn affects the rates consumers and businesses see for loans, mortgages, credit cards and other ...

Data-Hacking1

Accounting Standards

Executives Expect More Deepfake Attacks on Accounting and Financial Data

More than half of C-suite and other executives (51.6%) expect an increase in the number and size of deepfake attacks targeting their organizations’ financial and accounting data.

Small Business

Intuit Launches AI-Enabled Intuit Enterprise Suite

Intuit has launched Intuit Enterprise Suite, a configurable suite of integrated financial products designed to seamlessly scale and enhance productivity and profitability for businesses as they grow.

Artificial Intelligence

AI Forecast to Contribute Nearly $20 Trillion to Global Economy in Next 6 Years

AI will affect jobs across every region of the world, impacting industries like contact center operations, translation, accounting, and machinery inspection.

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Payroll

Many Retirees Plan to Return to Workforce in 2025

Key reasons behind this decision include the increasing cost of living (69 percent), boredom (42 percent), rising housing costs (39 percent), and the need to pay off non-medical debt (34 percent).

gig economy

Payroll

Survey Says 43% of Workers with Side Jobs Make More in Fewer Hours

Younger generations are even more likely to report this surprising outcome, with 50% of Gen Z and 48% of millennial respondents saying they work side hustles for fewer hours while making more money, compared to 34% of Gen X and Boomers.

Xero to Acquire Analytics and Reporting Company Syft

Xero Limited is acquiring Syft Analytics, a global cloud-based reporting, insights and analytics platform for accountants, bookkeepers and small businesses.

Advisory

Riveron Partners with Effectus Group, Expanding West Coast Presence

Both firms are adept at supporting client organizations through transformation and growth—across the venture capital and private equity arenas, IPO readiness, and beyond.