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
August 25, 2014
Hey truckers, "got your ears on?" The Internal Revenue Service is reminding truckers and other owners of heavy highway vehicles that in most cases, their next federal highway use tax return is due on Tuesday, Sept. 2, 2014.
August 22, 2014
For the 10th year in a row, Wolters Kluwer, CCH has been selected by the Internal Revenue Service (IRS) for its comprehensive sales tax rate and taxability tables to help millions of taxpayers across the country prepare their tax returns. With access to updated information from thousands of tax jurisdictions provided by Wolters Kluwer, CCH,…
August 22, 2014
Personal and business finance software maker Intuit has released the latest version of Quicken 2015 for Mac, which offers a new, clean and simple interface designed specifically for Mac users, as well as new investment management capabilities. The program also syncs with a free mobile companion app providing the ability to photograph and track receipts…
August 21, 2014
Business taxes account for 44.9% of all state and local taxes.
August 20, 2014
An accounting standard for state and local governments that addresses the impairment of capital assets and insurance recoveries provides important information to users of financial statements and resolves some but not all of the issues underlying its purpose.
August 20, 2014
As part of its simplification initiative, the Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update intended to simplify the accounting for a customer’s fees paid in a cloud computing arrangement.
August 20, 2014
The American Institute of CPAs has opened the enrollment period for the 2014 Accounting Competition, with a total of $40,000 in awards at stake. The fifth annual competition challenges teams of undergraduates to play the role of management accountants and combine their accounting and financial expertise with strategic insight to help guide business decisions.
August 20, 2014
UltraTax CS, the professional tax compliance system from Thomson Reuters, recently received a NASS Medallion Award from Kansas Secretary of State Kris Kobach. The award was presented in honor of a new state-of-the-art innovation in electronic tax preparation for business customers. It was presented on August 18 during a press conference in Leawood, Kansas.
August 20, 2014
FreshBooks has introduced its new Freshbooks Accountant Center, which is free for accountants with clients using Freshbooks.
August 20, 2014
The Internal Revenue Service (IRS) needs to improve its strategy to ensure accurate reporting and payment of the Medical Device Excise Tax, according to a new report publicly released today by the Treasury Inspector General for Tax Administration (TIGTA).
August 20, 2014
As campaign season officially swings into high gear, here are the top five issues of importance to the country’s small business owners this election year.
August 19, 2014
LibraTax is designed to help balance the Bitcoin books by optimizing capital gains/loss reporting on virtual currency transactions.
