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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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Accounting

Certum Solutions Awards $5,000 Grant for Environmental Sustainability to Cape Fear Botanical Garden

The grant was awarded based on an essay contest for Earth Day and continuous attention to the environment throughout the year.

MassCPAs

Accounting

Massachusetts Society of CPAs Announces New Board of Directors

MassCPAs Board of Directors is a group of elected members that sets policies, manages programs and oversees activities that benefit the 11,500-member organization and accounting profession in Massachusetts.

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Small Business

Existing-Home Sales Faded 3.4% in April

Year-over-year, sales slumped 23.2% (down from 5.57 million in April 2022).

Payroll

CEO Pay Increased by 2.7 Percent in 2022

Additionally, the percentage of CEOs who received a reduction in total pay doubled from 21% in 2021 to 42% in 2022.

IRS

AICPA Endorses Legislation to Simplify Tax Filing Extension Process

The American Institute of CPAs (AICPA) has endorsed bipartisan legislation introduced by Representatives Judy Chu (D-CA) and Mike Carey (R-OH) to simplify the tax filing extension process.

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Payroll

Online Labor Demand Increased in April

The Conference Board-Lightcast Help Wanted OnLine Index measures the change in advertised online job vacancies over time, reflecting monthly trends in employment opportunities across the U.S.

Accounting

Minnesota CPAs Introduce Legislation to Protect Profession

The demographics impacting the profession are temporary and will change, leading to too many CPAs.

Accounting

Nomination Period Open for 2023 Innovation Awards

Now in their 20th year, the Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.

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Taxes

AICPA Submits Suggestions for the 2023-2024 Guidance Priority List

As the IRS plans to prioritize providing additional guidance as stated in the IRS Strategic Operating Plan, the AICPA encourages the IRS to issue guidance on recommended areas.

Accounting

Audit Partners Pessimistic on U.S. Economic Outlook

The survey found that organizations are prioritizing cost management and financial performance over other areas like talent and labor.

Accounting

LeaseCrunch Experts to Speak at Upcoming Accounting Conferences

At AICPA ENGAGE, the company will have an exhibition booth, providing attendees with valuable insights and solutions in lease accounting.

Accounting

Ramp Launches Broad Set of AI-Powered Capabilities for Business Financial Management

Ramp is now applying AI's power of historical pattern analysis to over $10 billion in aggregated spend data.