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
March 23, 2022
Return-to-office plans may lead to more resignations, separate research shows. In a survey of more than 1,000 professionals, half of respondents currently working from home (50%) would look for a new job that offers remote options if ...
March 15, 2022
NRF forecasts that 2022 retail sales will total between $4.86 trillion and $4.95 trillion. The numbers exclude automobile dealers, gasoline stations and restaurants. Non-store and online sales year-over-year, which are included in the total figure ...
March 3, 2022
"Have you captured a Russian tank or armored personnel carrier and are worried about how to declare it? Keep calm and continue to defend the Motherland! There is no need to declare the captured Russian tanks and other equipment, because the cost of ..."
March 3, 2022
Will the IRS find out if you don't report your income? This is the question everyone wants to ask, but tax professionals don't want to answer because of ethical or liability concerns.
February 25, 2022
Respondents said remote working has made it more difficult for 43 percent – and somewhat more difficult for 46 percent – to prevent fraud within their organization. With more than 70 percent of those surveyed sharing that the ...
February 22, 2022
The Internal Revenue Service kicked off the 2022 tax filing season on January 24 with an urgent reminder to taxpayers to take extra precautions this year to file an accurate tax return electronically to help speed refunds.
February 20, 2022
The latest phishing email uses the IRS logo and a variety of subject lines such as "Action Required: Your account has now been put on hold.” The IRS has observed similar bogus emails that claim to be from a “tax preparation application provider.”
February 10, 2022
This action by the IRS to move away from facial recognition comes after some discomfort by taxpayers at having a third-party technology provider managing the service.
February 10, 2022
These automatic notices have been temporarily stopped until the backlog is worked through. The IRS will continue to assess the inventory of prior year returns to determine the appropriate time to resume the notices.
February 7, 2022
The coolest markets out of the 50 largest U.S. metro areas are expected to be New York, Milwaukee, San Francisco, Chicago and San Jose. But in today's supercharged housing market, buyers shouldn't necessarily expect screaming deals in even these cooler...
January 28, 2022
That verification requirement will soon be required for all taxpayers to view other personal tax documents on the IRS website. Tax practitioners who use a secure service will still have access to IRS transcripts.
January 24, 2022
Promoters have been particularly active developing and marketing tax shelter schemes that purportedly enable taxpayers to avoid paying what they legally owe. These new hires will help the IRS manage the increasing caseload in its multi-year effort to ...
