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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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Small Business

Vertex Releases AI-Powered Copilot and Honors Partners at Exchange 2024 Conference

Vertex unveiled its generative AI-powered Copilot, a next-gen capability on the cloud platform to streamline access to insights and elevate the efficiency of the tax process.

Accounting Standards

FASB Proposal Aims to Clarify Guidance on Accounting Acquirer in Business Combinations

The determination of the accounting acquirer can significantly affect the carrying amounts of the combined entity’s assets and liabilities, which can affect the combined entity’s post-transaction net income.

Accounting

Sage and Artis Partner for Document Automation and Efficiency

This collaboration marks the first time Sage is delivering AI services to a partner’s platform, highlighting its strategy to extend the reach of its proven AI capabilities beyond its own product ecosystem.

Accounting

Financial Cents Launches Free Community-Driven Template Library to Help Accounting Professionals Streamline and Standardize Workflows

In this collaborative space, accounting professionals can share, discover, and adopt workflow templates designed to increase efficiency and simplify firm operations.

Job Search

Payroll

56 Percent of Workers Say They Are Job Hunting in 2025, Says Survey

Confidence remains high among job seekers, with 8 in 10 expressing optimism about finding a better position.

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Taxes

Aprio Releases 2024 End-of-Year Tax Update

The guide hones in on the planned sunset of provisions made to the 2017 Tax Cuts and Jobs Act (TCJA). The majority of the changes made by the TCJA are scheduled to expire, or “sunset,” on December 31, 2025, unless Congress acts to extend them.

Small Business

Xero Announces U.S. Winners of Its Beautiful Business Fund

The winners for this fund represent a diverse group of organizations committed to driving meaningful change and redefining what's possible in the field they operate in.

Mergers and Acquisitions

CPA Advisory Firm Cover & Rossiter to Join The Bonadio Group

The merger is expected to close on December 1, 2024, when all employees of the Delaware-based CPA firm will join The Bonadio Group and C&R will begin to operate under The Bonadio Group brand.

Small Business

Intuit Shows Off New Tech and Features at Intuit Connect Conference

Intuit Connect event attendees were the first to get a close look at the company’s latest innovations for advancing accounting automation, payroll and workforce solutions for mid-market customers.

Accounting

Accounting MOVE Project Announces The 2024 Best Accounting Firms for Women

The Accounting and Financial Women’s Alliance and Accounting MOVE Project released its two lists of exemplary CPA firms based on the Accounting MOVE Project results: the 2024 Best Firms for Women and the 2024 Best Firms for Equity Leadership.

Accounting

FinQuery Launches Prepaid and Accrual Accounting, Helping Accountants Eliminate Errors and Accelerate Close

This solution empowers businesses to automate accounting for prepaid and accrued expenses stemming from contracts such as software, services, utilities, insurance and short-term leases.

Technology

Propense.ai Secures Investment from Thomson Reuters Ventures to Accelerate AI Adoption and Innovation in Professional Services Sector

The investment enables Propense to continue advancing its proprietary cross-selling technology by developing innovative, human-centered AI solutions designed to help firms predict client needs and use the full breadth of their offerings to serve clients and maximize value.