Isaac M. O'Bannon

June 2, 2014 

Thomson Reuters will be offering two new, full-day tax and accounting and auditing webinars presented by Bisk CPEasy in June, July, and August.

Isaac M. O'Bannon

May 29, 2014 

When a worker changes jobs, what do they do with their 401(k) or other employer-based retirement savings? That's a question of increasing interest and concern to policymakers and employers alike.

Isaac M. O'Bannon

May 29, 2014 

The ITC is not simply a deduction, explained Parker. It is a tax credit good for up to 30% of the cost of the project, and is often an incentive that can only be enjoyed by entities with substantial passive income and a large tax appetite. Passive losses can only be offset by passive income.

Isaac M. O'Bannon

May 28, 2014 

The Governmental Accounting Standards Board (GASB) has voted unanimously to approve two Exposure Drafts proposing significant improvements to financial reporting by state and local governments of other postemployment benefits (OPEB), such as retiree health insurance. The GASB also approved a third Exposure Draft that would establish requirements for pensions and pension plans that are outside…

Isaac M. O'Bannon

May 28, 2014 

The standard will improve the financial reporting of revenue and improve comparability of the top line in financial statements globally. Revenue is a vital metric for users of financial statements and is used to assess a company’s financial performance and prospects. However, the previous requirements of both IFRS and U.S. GAAP were different and often…

Isaac M. O'Bannon

May 27, 2014 

Sales tax compliance is one of the most volatile issues that many businesses have to deal with, with more than 8,000 taxing jurisdictions across the country. From the state and county-level, to cities and special purpose zones like metro transit authorities.

Isaac M. O'Bannon

May 27, 2014 

Cloud accounting software vendor Xero has been chosen by Forbes Magazine as the top company in it's list of the World's 100 Most Innovative Growth Companies.

Isaac M. O'Bannon

May 27, 2014 

Thomson Reuters kicked off a new blog series today that will show UltraTax CS users how to enhance client relationships and generate additional revenue by using data mining capabilities within the software.

Isaac M. O'Bannon

May 22, 2014 

As summer approaches, employees are busy planning long-awaited vacations. But a new Robert Half survey shows 39 percent of workers won't use all the paid vacation time they're given. The reasons: 38 percent are saving days in case they need them later, while 30 percent fear falling behind at work.

Isaac M. O'Bannon

May 21, 2014 

Organizations around the world lose an estimated five percent of their annual revenues to occupational fraud, according to a survey of Certified Fraud Examiners (CFEs) who investigated cases between January 2012 and December 2013. Applied to the estimated 2013 Gross World Product, this figure translates to a potential total fraud loss of more than $3.5…

Isaac M. O'Bannon

May 21, 2014 

The nation's largest professional association for accounting professionals, the American Institute of CPAs (AICPA), has come out opposed to the new voluntary tax return preparer regulation program that the Internal Revenue Service (IRS) is planning.

Isaac M. O'Bannon

May 20, 2014 

Scott London, former senior partner at KPMG, will be the guest in a CPE-eligible webcast on accounting ethics. The event, scheduled for June 25, will be hosted by former NASBA chair Gaylen Hansen.

Isaac M. O'Bannon