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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

Retail Sales Grew in September, But Core Year-Over-Year Gains Are Slowing

Retail sales continued to grow in September even as consumers faced continuing economic pressures, according to the National Retail Federation.

Firm Management

Right Networks Rebrands as Rightworks, Unveils Improved and Unified Experience for Accounting Firms

Right Networks has rebranded as Rightworks, and announced a platform launch to offer the only intelligent cloud purpose-built for accounting firms and professionals.

Small Business

Avalara Expands Partnership with Oracle NetSuite to Deliver Integrated E-Invoicing Solution

NetSuite Electronic Invoicing, which is powered by Avalara, will allow organizations to increase efficiency, reduce costs, and address compliance with global e-invoicing mandates.

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Income Tax

American Living in Monaco Pleads Guilty to $5.1 Million IRS Tax Evasion

Schechter never disclosed the income from the sale of the Monaco apartment or the securities bought from sale proceeds to his tax return preparer.

Payroll

U.S. Businesses are Improving on Pay Transparency

The survey found most U.S. organizations are communicating different components of their pay program information to employees.

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Taxes

Oct. 16, 2023, is Deadline for Taxpayers with an Extension

For 2023, however, many taxpayers who had received an extension to file, also later faced various forms of natural disasters for which the IRS has granted additional time to file.

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Taxes

Former IRS Contractor Pleads Guilty to Leak of Trump Taxes

Federal prosecutors charged Charles Littlejohn last month, and with his guilty plea, now faces up to five years in prison for the crime.

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Small Business

Higher Tariffs on Chinese Imports Would Cost Americans $31 Billion, Says Retail Group

NRF and other industry organizations are examining the potential effect this would have on businesses, consumers and the economy.

Accounting

Number of Accounting Grads Continues to Shrink

47,067 students earned a bachelor’s degree in accounting in the 2021-22 school year, down 7.8% from the previous year.

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Accounting

Avii Launches Avii E-Sign

Key benefits of Avii E-Sign include its user-friendly interface and deeply integrated automations.

Mergers and Acquisitions

CohnReznick Acquires Division from Exiger

The staff and contracts are being absorbed into CohnReznick’s rapidly expanding government advisory practice.