Small Business
Retail Sales and Wages Grew in March
This is the sixth month that the Retail Monitor, which was launched in November, has provided data on monthly retail sales.
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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Firm Management
Crowe Adds Southern California Accounting Firm KMJ Corbin & Company
KMJ’s audit and tax capabilities and industry sector specialization will offer an unrivalled client experience and augment Crowe’s ability to serve the ever-expanding needs of its client base in California.
Firm Management
CohnReznick Launches Digital Advisory Practice, Aligns with Top Solutions Providers
The digital practice empowers businesses to unlock their full potential through innovative enterprise applications, advanced data analytics, and transformative AI strategies.
Taxes
Feds Cracking Down on Unlawful Tax Return Preparers
Unscrupulous preparers who include errors or false information on a tax return could leave a taxpayer open to liability for unpaid taxes, penalties and interest.
Payroll
New Grads to Face Active Hiring Market, Higher Starting Salaries
Average starting salaries for entry-level financial reporting accountants are $54k-67K. Internal auditor starting salaries average about $50-55K.
Accounting
FloQast Secures $100 Million in Series E Funding, Achieving $1.6 Billion Valuation
With this latest investment, FloQast achieves a post-money valuation of $1.6 billion, underscoring its position as a leader in the accounting and finance technology sector.
Accounting
DataSnipper Launches AI Platforms for Audit and Finance
With the aim of further developing the software and serving new markets, the scale-up recently raised an investment of $100 million at a valuation of $1 billion.
Taxes
AICPA Provides Recommendations to Simplify Procedures for Generation-Skipping Tax Exemption
These recommendations will simplify filing for taxpayers and practitioners and will reduce the administrative burden on the IRS as well.
Accounting
insightsoftware Introduces Power ON Budget Planner to Transform Budgeting and Planning for Microsoft Power BI Users
Budget Planner consolidates the entire budgeting process into a single, centralized hub, eliminating the need for scattered spreadsheets and fragmented communication.
Accounting
Valid8 Adds New CMO and EVP
Christina Mautz joins as executive vice president for marketing, and Brett Suchor takes on an expanded role as executive vice president for strategic partnerships.
Payroll
The Hidden Costs of Payroll Advance Apps
Consumers who take out small loans using cash advance apps may pay triple-digit annual interest rates.
Taxes
Bloomberg Tax & Accounting Unveils Next Generation Suite of Integrated Solutions, Revolutionizing the Corporate Tax Process
These connected applications solve tax professionals’ day-to-day workflow issues, transforming disjointed, manual processes into a seamless workflow and providing intelligence exactly where users need it.