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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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Technology

New AI Options in Fyle Let Accountants Collect Receipts and Expenses Via Text

Fyle's AI creates and matches expenses to the correct transactions, prompting users via text to provide essential details like Projects, Cost Centers, and Categories, ensuring precise AI-based coding.

Small Business

Seller Ledger Offers New Ecommerce Accounting Option

Seller Ledger's software connects directly with sales channels like eBay and Amazon to import sales information and transaction fees by the platform.

Accounting

SAP Concur Enhances Travel and Expense Management

The new booking experience in Concur Travel launched last August, featuring a consumer-grade user experience with a streamlined booking and checkout process.

Small Business

Retail Industry is Largest Private Employer Segment in U.S.

The retail industry’s total labor income contribution was approximately $3 trillion, or 20% of total national labor income in 2022.

Small Business

U.S. Retail Sales Forecast to Hit $5.23 Trillion in 2024

The 2024 sales forecast compares with 3.6% annual sales growth of $5.1 trillion in 2023. The 2024 forecast is in line with the 10-year pre-pandemic average annual sales growth of 3.6%.

Taxes

7 Signs an ERC Claim May be Incorrect

The Internal Revenue Service is urging businesses to review seven suspicious signs of a bad claim and see if the agency’s special programs can help them avoid future compliance issues.

CPAmerica

Accounting

Marketing by Numbers Joins Forces with CPAmerica for Accounting Marketing

Marketing by Numbers joins over 65 CPAmerica preferred providers and is committed to assisting member firms in bridging their writing, marketing and client communication gaps.

ESG

ESG Goals Often Tied to Share-Based Employee Compensation

Of companies that reported that they apply ESG targets, 84% said that they apply them to the management board. These targets set the strategic direction of the company for its board members.

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Payroll

Labor Union Strike Activity Increased 280% in 2023

More than 458,000 workers were involved in major strikes in 2023, according to an EPI analysis of data released by the Bureau of Labor Statistics

Accounting

AICPA Accounting Scholars Leadership Workshop to Focus on Talent Pipeline

The goal of the workshop is to help balance representation in the accounting profession by inspiring, motivating and supporting future generations of talent from ethnically diverse backgrounds.

Accounting

Quadient Partner Program Extends to CCM and Financial Automation Solutions

he new program brings more value to partners while expanding the reach of Quadient’s cloud solutions’ rich features and functions to more customers.

Taxes

Bloomberg Tax Launches Tax Workpapers to Automate Process

Bloomberg Tax & Accounting has launched Bloomberg Tax Workpapers, which streamlines the tax workpapers process with a combination of data prep, spreadsheets, integrated tax guidance, and controls