Small Business
Most Small Business Owners Don't Want Their Kids to Inherit and Run Their Business
Among parents, nearly all (94%) want their children to forge their own path, rather than follow in their footsteps.
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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Payroll
Paychex Charitable Foundation Donates $1 Million to National Urban League
The grant, which allocates $250,000 annually over four years, will support job training and workforce development programs in key markets where Paychex has a high concentration of employees.
Accounting
Grant Thornton Expands Private Equity Offerings
In these roles, McManus and Arata will provide Grant Thornton’s private equity clients and their portfolio companies with comprehensive solutions that help drive organic and inorganic strategic growth.
Accounting
Avalara Launches Sales Tax Calculator Plugin for ChatGPT
Avalara is the first tax compliance software provider to work with OpenAI to use its protocol to build an integrated plugin for ChatGPT.
Technology
MyLawCLE and Tax Rep Network Partnership Provides Insider Knowledge on Working with the IRS
In addition to training sessions for IRS representation, the partnership will enable attorneys and law firms to explore adding new revenue streams to their practices with tax resolution services.
Accounting
AICPA Announces the Winner of the George Krull/Grant Thornton EDGE in Teaching Award
The award recognizes successful leading-edge practices in the teaching of junior- or senior-level accounting courses that continue to enhance accounting majors’ interest in accounting.
Accounting
AICPA Honors Accounting Professor with Distinguished Achievement in Accounting Education Award
Weirich’s impact extends beyond the classroom, as he has co-authored several influential textbooks, including the widely used Accounting & Auditing Research: Tools and Strategies.
Payroll
Younger Workers Say Transparency is Key to Business Ethics
Transparency and accountability are the strongest indicators of ethical behavior by businesses, according to a new international survey.
Small Business
Imports for First Half of 2023 Drop 22% Over Previous Year
Import cargo volume at the nation’s major container ports is expected to be 22% lower during the first half of 2023 than the same time last year despite increased consumer. spending
Accounting
LeaseCrunch to Offer Webinar on GASB 96
This webinar taking place will offer an implementation road map to help participants navigate the complexities of GASB 96.
Taxes
AICPA Supports Changing Requirements to Form 1099-K Reporting Threshold
For many months, the American Institute of CPAs (AICPA) has expressed its concerns regarding the lowered Form 1099-K reporting threshold
Sales Tax
Survey Finds 2018 Wayfair Decision Adds Costs for Consumers
Nearly half of U.S. and U.K. businesses surveyed have increased prices for customers due to online sales tax complexity resulting from the Wayfair decision five years ago.