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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

Housing Market Challenges Remain for Buyers and Sellers

Buyers are finding a costly and competitive market, but one slightly calmer and easier to plan and budget for.

Accounting

ESG Backlash Presents Companies with Opportunity

A majority, 61%, of U.S. companies surveyed expect ESG backlash to continue or increase over the next two years, according to a report issued by The Conference Board.

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Accounting

AvidXchange Names New COO and CPO

Feldman will continue to oversee the transformation of the company’s service and fulfillment operations around standardization, sourcing and automation.

Accounting

BlackLine Offers 5-Day Implementation of Financial Close Management Platform

With BlackLine 5-Day Fast Track, new customers can ‘Go live in 5’ and be up and running on BlackLine’s financial close management platform.

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Payroll

Report Shows Stable Job Market

The South continues to lead employment growth for the 16th consecutive month, but the West was the only region to see small business jobs growth increase in July.

Accounting

AICPA Updates Digital Assets Practice Aid

This free, comprehensive practice aid is regularly updated to keep practitioners informed of the rapidly evolving digital assets landscape, enabling them to adapt to changes effectively.

Taxes

AICPA Pushes for Tougher Action on ERC Cheats

Among the warning signs businesses should be wary of are vendors that require large, upfront contingency fees and those who fail to sign the amended payroll tax returns.

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Taxes

TIGTA Says IRS Isn't Properly Controlling Sensitive Tax Information

The report found that required tracking documents, such as Forms 3210, Document Transmittal, are not included with these shipments and/or not prepared properly.

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Payroll

ADP Acquires Automation Tool Sora

Third-party integration of data and HR tools can be a very manual process that relies on technical teams to customize integrations.

Accounting

Melanie Lauridsen Named as New VP, Tax Policy & Advocacy for AICPA & CIMA

Lauridsen will represent the Association’s interests in legislative and regulatory based tax advocacy efforts, building on the foundation of her predecessor, Edward Karl.

Taxes

IRS Plans to Go Paperless by 2025 Tax Season

By the 2025 filing season, the IRS will digitally process 100 percent of tax and information returns that are submitted by paper, as well as half of all paper correspondence, non-tax forms, and notice responses.

Firm Management

Cetrom Introduces Cetrom Connect to Bridge IT Gap Created by New FTC Safeguards Rule

With the enforcement of the FTC Safeguards Rule on June 9, 2023, firms involved in tax preparation are now required to meet a whole new set of requirements to avoid penalties.