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 26, 2014
The Court ruled that severance packages and payments that are given to involuntarily laid-off workers are taxable not only as individual income, but also with regard to FICA employment taxes. It was a unanimous 8-0 ruling, with Justice Elena Kagan recusing herself from the case. Oral arguments were heard by the court last October.
Accounting March 25, 2014
From March 2014 - In open hearings of the House Financial Services Committee, representatives are putting a renewed focus on the dangers of America's increasing debt.
March 24, 2014
As the business technology world is ever-changing, internal auditors are focused on better navigating social media risks, leveraging technology to improve the audit process, and collaborating more with business partners to address organizational risks.
March 23, 2014
There are strategies that these business owners can take to help alleviate many of these tax time woes, and a big one is by staying in more frequent contact with their accountant. That's according to a new nationwide survey of accounting professionals.
March 17, 2014
When you think of startups, New York City, Silicon Valley and San Francisco probably come to mind as great locations. But where do these two tech meccas rank on a list of the "best cities" for startups? Not even in the top five.
March 12, 2014
Chief Financial Officers in the U.S. are starting 2014 with increased optimism when it comes to the economy and their businesses, according to the results of a new survey conducted by Financial Executives International (FEI) and the Zicklin School of Business at Baruch College .
March 7, 2014
There has been a lot of activity in the online accounting market over the past few years and, according to some vendors, there is a big battle being waged for the minds (and wallets) of small businesses.
March 5, 2014
Before the Internet, small companies didn't stand a chance against the Goliaths, says Corrine Sandler, a globally recognized leader in business intelligence and market research.
March 3, 2014
A new report shows that the unusually cold winter across the United States may have had an effect on hiring at small businesses, as sales revenue in many parts of the country were down due to weather conditions.
March 3, 2014
The results show that more than half of small businesses surveyed still use manual processes, such as a spreadsheet or pen and paper, to track finances. In addition, almost 40 percent of these businesses are spending multiple days on tax preparation.
February 27, 2014
It’s never too late to begin. The sooner you start contributing to your employer-sponsored retirement plan or IRA, the better your chances for building a significant savings cushion.
February 27, 2014
Think taxes get a lot easier when you retire? Like everything else in life, it depends, especially since the tax aspects of Social Security, 401(k) withdrawals and IRAs can get pretty confusing.
