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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

CPA Business Funding Portal Supports New SBA Program Rules

The CPA Business Funding Portal plays the role of facilitator, enabling clients, firms and lenders to collaborate seamlessly online to get loan applications approved.

Avantax

Accounting

Avantax to be Acquired by Cetera Holdings

Following the closing, Avantax will become a standalone business unit within the Cetera family with 3,078 Avantax financial professionals.

Taxes

Intuit Barred from Saying TurboTax is "Free," Says Federal Judge

A judge has ruled that Intuit Inc., the maker of the popular TurboTax tax filing software, “engaged in deceptive advertising in violation of Section 5 of the FTC Act” and deceived consumers when it ran ads for “free” tax products and services for which many consumers were ineligible.

Accounting

Divvy Renamed as BILL Spend & Expense

The newly-branded system will continue to offer an all-in-one spending and expense management solution with free software and corporate cards to provide real-time visibility and customizable control over business finances.

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Accounting

Esker Partners with Boost Payment Solutions to Revolutionize Virtual Card Processing

This first-of-its-kind partnership aims to transform virtual card processing for accounts receivable departments – eliminating tedious manual efforts and streamlining payment reconciliation.

Firm Management

Bennett Thrasher Continues Growth with Acquisition of Valuation Practice in Denver

Bennett Thrasher has acquired the tax reporting valuation practice from Intrinsic LLC, a Denver-based transaction advisory and valuation firm.

Small Business

Inflation is Impacting Cash Flow of Almost Half of Small Businesses

Together, higher inflation and rising interest rates have resulted in increased costs of raw materials, labor and energy, while reducing consumer purchasing power, which combined can pose cash flow challenges for small businesses.

Accounting

Reimagining Accounting Workflow: WorkflowCon 2023 Coming in October

This two-day conference promises to equip industry professionals with the knowledge and tools necessary for unprecedented success.

Accounting

ITA Announces New Board of Directors

Kim Austin, Director, Strategic Alliances at Avalara, and Todd Perlman, President of BT Partners, have been appointed as ITA Board of Directors Chair and Vice-Chair, respectively.

Accounting

Fintech Startup Tofu Launches New Invoicing, Tax, and Payment Management Platform

The platform focuses on streamlining billing processes by allowing users to swiftly send invoices and get paid.

Accounting

AI Systems Take Center Stage in 2023 Innovation Awards

The Innovation Awards are presented to honor new or recently enhanced technologies that benefit tax and accounting professionals and their clients through improved workflow and efficiencies, increased accessibility, enhanced collaboration, greater accuracy, or other means.

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Payroll

Many Professionals Think AI Will Have Positive Impact on Their Careers

Many companies see the upside of leveraging generative AI in the workplace, too. In a separate Robert Half survey, managers shared the top ways their teams are using the technology.