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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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Advisory

Small Business Speed Dating Program Heads to Chicago

In addition to making a variety of beers, Samuel Adams is also active in small business mentoring, and its Brewing the American Dream program offers micro-lending and coaching for small business owners working in food, beverage, craft brewing and hospitality

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Small Business

Ranking the Nation's Largest Black-Owned Businesses

Business, investing and wealth-building resource Black Enterprise has published its "42nd annual listing of America's largest black companies" with the publication of the BLACK ENTERPRISE 100s.

Firm Management

Thomson Reuters Predicts the Top 10 Innovations for 2025

Study analyzes patent data and scientific literature for clues to the next decade's biggest breakthroughs

Accounting

AICPA Offers New Education Website

The American Institute of CPAs has launched a new website designed to spark a profession-wide reevaluation of how CPAs engage in lifelong learning and measure competency in a fast-changing world.

Cloud Technology

QuickBooks Online Users Can Now Accept Bitcoin Payments

With news that Intuit's QuickBooks Online can now accept Bitcoin transactions, the virtual currency may finally be ready to go more mainstream.

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Automation

Virginia Society of CPAs Partners with Avalara

Avalara and the Virginia Society of Certified Public Accountants have reached an agreement where VSCPA members will have unlimited access to up-to-date sales and use tax rules, rates, forms, and related reference resources, to better assist their clients, and/or their employers, in complying with a rapidly changing and complex regulatory environment.

Accounting

Exact Partners with Logicbroker for Enhanced Supply Chain Management

Small business management software maker Exact has is partnering with Logicbroker to give customers greater visibility into their extended supply chain through integrated storefront e-commerce, shipping, and electronic data interchange (EDI).

Income Tax

IRS Announces New Program for Uncredentialed Tax Return Preparers

The IRS has started a new voluntary program that it says is intended to encourage education and filing season readiness for paid tax return preparers who are not credentialed. The program will be in place to help taxpayers during the 2015 filing season.

Firm Management

Intuit Signs with SmartVault to Provide Document Management for ProSeries and Lacerte

Small business accounting and tax company Intuit has partnered with cloud document storage and sharing firm SmartVault, which will provide integrated cloud-based document management for Intuit's two professional tax systems, Lacerte and ProSeries. The combination of these professional programs is intended to further automate tax preparation workflow, from receiving source files securely from clients to printing and sharing final tax returns with a built-in custom branded client portal.

Benefits

Massachusetts Increases Minimum Wage to $11, Decreases Unemployment Insurance

Governor Deval Patrick signed legislation to increase the minimum wage in increments to $11 per hour by 2017. The law also lowers unemployment insurance costs.

Security

Report Shows 18% of Small Businesses Still Using Windows XP

According to a new report, almost one in five small and medium businesses worldwide are exposed to major security risks as they are still using Windows XP after Microsoft ended support for the operating system.

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Accounting

Finance Teams Expand Duties in Response to Business Complexity

The role of finance teams is expanding beyond the traditional areas of accounting and financial reporting, according to a new survey by the AICPA and the Chartered Institute of Management Accountants.