Isaac M. O'Bannon

November 4, 2021 

For single taxpayers covered by a workplace retirement plan, the phase-out range is increased to $68,000 to $78,000, up from $66,000 to $76,000.

Isaac M. O'Bannon

November 4, 2021 

Staffing challenges, compliance obligations, technology advances and world events are changing the way tax professionals work. The in-depth guide offers testimonials and coaching tips from Intuit Tax Council Members who have made the move towards ...

Isaac M. O'Bannon

November 3, 2021 

Under this provision, individual tax filers, including married individuals filing separate returns, can claim a deduction of up to $300 for cash contributions made to qualifying charities during 2021. The maximum deduction is increased to $600 for ...

Isaac M. O'Bannon

November 3, 2021 

The FAQs contain sample worksheets that certain passthrough entities and taxpayers may be required to use in reporting “carried interests,” partnership interests held in connection with the performance of services for tax returns, filed after Dec. 31...

Isaac M. O'Bannon

November 2, 2021 

The National Association of Tax Professionals (NATP) and Drake Software are hosting “Taxes Today,” a virtual roundtable discussion that is free and open to tax professionals of all levels of experience. The first discussion will focus heavily on the ...

Isaac M. O'Bannon

November 2, 2021 

The Audit Fee Study looks at various factors affecting financial reporting and the external audit. This includes public company preparer opportunities to reduce audit effort, COVID-19’s impact, value derived from external audits, auditor insights, and ...

Isaac M. O'Bannon

November 2, 2021 

The Internal Revenue Service recently sent approximately 430,000 additional tax refunds totaling more than $510 million to taxpayers who paid taxes on unemployment compensation excluded from income for tax year 2020.

Isaac M. O'Bannon

November 2, 2021 

The restricted web domain, administered by the American Institute of CPAs (AICPA) and its business and technology arm, CPA.com, officially launches in Canada this morning at 11 Eastern time. To be eligible, Canadian CPAs and CPA firms must be licensed.

Isaac M. O'Bannon

November 2, 2021 

BQE Software Inc., the top business management software for architecture, engineering, and other professional services firms, has named Victor Limongelli as its new Chief Executive Officer. Limongelli brings to BQE a wealth of leadership and growth ...

Isaac M. O'Bannon

November 1, 2021 

Intuit has closed the acquisition of Mailchimp for total consideration of approximately $5.7 billion in cash, 10.1 million shares of Intuit common stock with a fair value of approximately $6.3 billion (based on the October 29, 2021 closing stock price ...

Isaac M. O'Bannon

October 19, 2021 

The awards recognize 40 professionals who are under 40, and have emerged as future leaders in the profession, and 20 who are under 40 and leading the development of technology that serves the profession.

Isaac M. O'Bannon

October 11, 2021 

The survey uncovered five key trends respondents believe will have long-term impacts on internal audit teams, including: the continued increased use of technology to conduct audits, employing innovative means of gathering and analyzing evidence ...

Isaac M. O'Bannon