Isaac M. O'Bannon

Managing Editor

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

Accounting Standards

FASB Issues Standard That Enhances Income Tax Disclosures

The ASU improves the transparency of income tax disclosures by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and...

Dec. 14, 2023

Accounting

AICPA Comments to Treasury on Amount B of OECD Pillar One

These comments, which are focused on Amount B of OECD Pillar One, complement Association’s prior comments on OECD documents.

Dec. 13, 2023

Taxes

Stanford Tax Adds AI to Automate Client Organizers for More Efficient Tax Workflows

The software connects with tax platforms including Pro System FX, Pro Series, Ultra Tax, CCH Axcess, CCH Prosytem fx, UltraTax, Lacerte, ProSeries, Drake, and ATX.

Dec. 13, 2023

Small Business

Bill Enhances Visibility and Controls in Spend & Expense

The latest capabilities, complete with a budgets interface redesign, include additional ways to customize spend target limits, consolidate controls to manage spend easier, and group budgets to streamline management of multiple budgets.

Dec. 13, 2023

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Taxes

AICPA Submits Recommendations More Streamlined Process for Disaster Extension Requests

Slower approvals, emotional trauma and shortage of building materials, skilled labor, utilities and the other services for rebuilding add to the difficulty some taxpayers experience.

Dec. 13, 2023

Accounting Standards

FASB Issues Standard to Improve the Accounting for and Disclosure of Certain Crypto Assets

The new standard responds to feedback from stakeholders of all backgrounds who indicated that improving the accounting for and disclosure of crypto assets should be a top priority for the board.

Dec. 13, 2023

Accounting

LeaseCrunch Offers “ASC 842 Lease Management: Navigating Beyond Compliance” Webinar

The implementation of ASC 842 by the Financial Accounting Standards Board brought about significant changes to lease accounting, impacting businesses across various industries.

Dec. 12, 2023

Accounting

CPAmerica Unveils New Brand Strategy and Website

CPAmerica’s new brand strategy is rooted in the advantages of sharing and is captured in the brand promise, "Where collaboration means business."

Dec. 11, 2023

Accounting

Business Executives’ Mixed View on Economy Reflects Continued Uncertainty, AICPA & CIMA Survey Finds

Business executives don’t have a strong sense of where the economy is headed, and their mixed-bag outlook reflects that, according to the fourth-quarter AICPA & CIMA Economic Outlook Survey.

Dec. 11, 2023

Accounting

NJCPA Delivers More Than 2,300 pounds of Food and Supplies to Community FoodBank of New Jersey

The Community FoodBank of New Jersey has been delivering food and food supplies to needy families in 15 counties in the state for nearly 50 years.

Dec. 11, 2023

Taxes

On Event of 250th Anniversary of Boston Tea Party, U.S. Tea Merchants and Small Businesses Find Taxes too Complex

Eight in 10 tea merchants (82%) feel anxiety related to staying on top of their tax obligations. In the U.S., there are more than 900 sales tax rules on tea products.

Dec. 11, 2023

Accounting

AICPA & CIMA Registers First 100 Apprentices and Signs 17 Employers to Apprenticeship Program in First Year

The AICPA & CIMA has registered over 100 apprentices in its Registered Apprenticeship for Finance Business Partners program within the inaugural year of the program.

Dec. 11, 2023

Read more

FASB Issues Standard That Enhances Income Tax Disclosures

AICPA Comments to Treasury on Amount B of OECD Pillar One

Stanford Tax Adds AI to Automate Client Organizers for More Efficient Tax Workflows

Bill Enhances Visibility and Controls in Spend & Expense

AICPA Submits Recommendations More Streamlined Process for Disaster Extension Requests

FASB Issues Standard to Improve the Accounting for and Disclosure of Certain Crypto Assets

LeaseCrunch Offers “ASC 842 Lease Management: Navigating Beyond Compliance” Webinar

CPAmerica Unveils New Brand Strategy and Website

Business Executives’ Mixed View on Economy Reflects Continued Uncertainty, AICPA & CIMA Survey Finds

NJCPA Delivers More Than 2,300 pounds of Food and Supplies to Community FoodBank of New Jersey

On Event of 250th Anniversary of Boston Tea Party, U.S. Tea Merchants and Small Businesses Find Taxes too Complex

AICPA & CIMA Registers First 100 Apprentices and Signs 17 Employers to Apprenticeship Program in First Year