Accounting
Chicago Accounting Firms Porte Brown and RVG Partners to Merge
The newly-combined firm will operate under the Porte Brown brand, and staff from RVG will continue to serve clients from their Oak Brook location.
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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Firm Management
FORVIS Marks 1-Year Anniversary
The top 10 accounting and advisory firm formed on June 1, 2022, via the merger of equals of legacy firms BKD and DHG—the largest such move in the accounting industry in more than two decades.
Payroll
Jobs Report Shows Pay Increased by 6.5% Over Last Year
Gains in private employment were fragmented last month, with leisure and hospitality, natural resources, and construction taking the lead.
Accounting
Accounting Thought Leaders to Meet During AICPA ENGAGE Conference
The event will be the first time the 40 Under 40 honorees and participants of the annual Thought Leader Symposium will come together, engaging on issues critical to the profession.
Payroll
California Construction Company Owner Guilty of Employment Tax Crimes
He was found guilty of not timely filing employment tax returns and did not pay withholdings to the IRS for 2014 and the last three quarters of 2015.
Accounting
CPAs from Several States Visited Washington D.C. to Promote Accounting and Tax Issues
The CPAs asked members of Congress to support the Freedom to Invest in Tomorrow’s Workforce Act, a bill that would expand eligible uses of 529 savings plans.
Accounting
Illinois CPA Society Announces 2023 Young Professionals Leadership Award Recipient
This award recognizes a certified public accountant (CPA), under age 35, who has demonstrated outstanding leadership skills in their career, in public or community service, and through involvement in professional organizations.
Accounting
New AICPA Chair Looks to Foster Innovation and Support Next Generation of Accounting Professionals
Okorie L. Ramsey, CPA, CGMA, PMP, NACD, will also serve as chair of the Association of International Certified Professional Accountants.
AICPA
AICPA Supports Strategy to Increase New Accounting Professionals
The governing body of the American Institute of CPAs has endorsed the creation of a national strategy to boost the number of accounting graduates who enter the profession, as well as those who go on to obtain a CPA license.
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Accounting
NetSuite for Government Helps State and Local Agencies Move to the Cloud for Better Efficiency
NetSuite for Government runs on a modern cloud infrastructure that offers robust security, consolidates and connects data on a common platform for fast analysis, and easily integrates with many existing government systems.
Payroll
52% of Adults Say Money Has Negative Impact on Mental Health
Among those who say money has a negative impact on their mental health, 56% say this happens at least once a week (up from 52% last year), which includes 29% who say this happens daily.
Taxes
Democrat and Republican Representatives Introduce Bill to Simplify Tax Extensions
The bill would allow taxpayers to automatically qualify for an extension without fear of penalty by paying a simple, easily-calculated amount of 125 percent of their prior year’s tax liability.