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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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Taxes

Utah Movie Producer Found Guilty of $1 Million in Tax Crimes

A federal jury convicted a Utah man on June 4, 2024, of tax evasion and forcibly retaking property that had been seized by the government to pay his outstanding tax debt.

Taxes

IRS Issues New Guidance for Energy Community Bonus Credit

It defines the information taxpayers may use to determine whether they meet certain requirements under the Statistical Area Category or the Coal Closure Category.

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Accounting

Boomer Consulting, Inc. Launches the Boomer Knowledge Network

The platform is designed to deliver valuable resources to accounting firms of all sizes, helping them achieve growth and profitability.

Taxes

Lettuce Financial Launches LettuceHead AI to Answer Solopreneur’s Tax Questions 24/7

LettuceHead AI, an AI-powered knowledge base and tax hub purpose-built to meet solopreneurs' needs.

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Small Business

Father's Day Retail Spending Forecast to Top $22 Billion

Half of consumers plan to purchase a gift for a father or stepfather, followed by those purchasing gifts for a husband (26%), son (10%), brother (8%), friend (8%) or grandfather (6%).

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Firm Management

Lead, Follow, or Get Out of the Way: Thought Leaders Share Actionable Insights on Firm Business Model Transformation

Thought leaders from tax, accounting, education and media convened virtually for an Accounting Meta Influencers roundtable focused on business model transformation, as firms are looking to expand and compete, do more for clients, and evolve into a new era.

Accounting

2024 Most Powerful Women in Accounting Awards Announced

The awards, presented by the AICPA and CPA Practice Advisor, recognize leaders for their significant contributions to the profession.

Accounting

Barry Melancon Opens AICPA ENGAGE with a Farewell Message

During his tenure, he oversaw and directed many of the major initiatives the AICPA has accomplished, including the digitization of the CPA Exam, and merging the AICPA and CIMA.

Accounting

2024 Accounting Thought Leader Think Tank Focused on Challenges Facing Profession

Dozens of firm leaders, educators, consultants and advisors to the profession are set to meet at the Accounting Leaders Think Tank Symposium.

Taxes

IRS Appoints Tamaki as Chief Taxpayer Experience Officer

In her new role, Fumino Tamaki will be responsible for setting the strategic direction for improving the agency’s taxpayer experience.

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Taxes

Massachusetts Flooding Victims Get Tax Relief

These taxpayers now have until July 31, 2024, to file various federal individual and business tax returns and make payments.

Accounting

ShareFile Unveils New Innovations to Transform Accounting Workflows

ShareFile has added new accounting functionalities designed to create efficiency, reduce complexity, and improve client satisfaction.