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
October 5, 2011
800-230-2322 www.taxworks.com 2011 Overall Rating 4 Best Fit Firms using TaxWorks who want to expand into tax planning as a client service offering, or want a simple add-on tool for performing quick projections. Strengths Easy to use Adjustable inflation projection Inexpensive Integration with TaxWorks Potential Limitations Generally basic planning capabilities Limited report customization...…
October 5, 2011
800-230-2322 www.DrakeSoftware.com While most other tax software developers offer tax planning for an additional annual fee, Drake Software has gone with an all-inclusive approach to its entire professional tax compliance suite. The suite provides 1040, 1040NR, 1041, 1065, 1120, 1120S, 706, 709, 990 and 990PF preparation, support for all states with income taxes, and unlimited...…
October 3, 2011
I’m not exactly sure how this will directly affect professionals in the near-term, but Japanese scientists have developed a digital key system that works similarly to the Nintendo Wii and Xbox. The technology, which they say is less than two years from commercial distribution, would allow people to make simple hand gestures, which the system would...…
October 1, 2011
The iPad has been on the market for less than two years (delivery of the iPad1 started in March 2010), but ever since Apple essentially invented the market for tablet devices, competitors have been trying to edge their way into the market. The most notable true competitors have been the Samsung Galaxy, HP TouchPad, Motorola...…
September 27, 2011
800-507-1992 www.realtaxtools.com W2 Mate, which is offered by Real Business Solutions, is a multi-employer year-end form preparation and filing system with support for forms W-2s, and most common forms 1099 and 1098, as well as transmittal forms W-3 and 1096. The program, which can be installed on workstations or networked servers, can be used either...…
September 16, 2011
I was surprised recently by the findings of a study that looked at how today’s college students are using the internet for research (http://tinyurl.com/3hhvv2u). Perhaps “misusing,” would be a better term. It seems that this current generation, for whom the internet has existed for all of their lives, don’t really know much about it....…
September 14, 2011
800-375-9542 www.ATXinc.com www.TaxWise.com 2011 Overall Rating 4.5 Best Fit Small and mid-sized tax and accounting practices seeking to broaden their client services by offering year-end compliance, particularly those using solutions from CCH Small Firm Services for tax preparation and write-up. Strengths Integration with professional tax package. Strong federal & state support, including e-filing. Library...…
September 12, 2011
361-884-1500 www.wagefiling.com Small businesses are often the ones least prepared for the challenges of tax season, especially when they find out that it actually starts in January with preparation of last year’s W-2s and 1099s. With good financial management and advice from a great accountant, they can be better prepared. But if they only have...…
September 12, 2011
7 Things to Consider for Year-End Reporting
September 12, 2011
800-264-3155 www.W21099.com 2011 Overall Rating 4.75 Best Fit Professional practices with large client rosters for whom they provide year-end reporting. Strengths Excellent multi-client management functionality. Comprehensive state, federal & local form support. Multiple batch filing & printing options. Good integration capabilities. Barcoding of W-2s & SSN masking. Automated, free web-based data backup. Potential Limitations...…
September 12, 2011
800-888-5803 www.tenenz 2011 Overall Rating 4.25 Best Fit Small practices managing year-end compliance processes for multiple small businesses. Strengths Easy interface & data entry. Free e-filing. Good forms support. Inexpensive. Potential Limitations Limited import options & does not export. No built-in invoicing functionality. Minimal online support, but live support is free. Summary &...…
September 9, 2011
800-536-1099 www.1099-etc.com 2011 Overall Rating 4.5 Best Fit Accounting practices performing after-the-fact payroll, quarterly and year-end information reporting for multiple clients. Strengths Excellent interface, client management screens. Extensive federal, state & local forms library along with e-filing. Option for outsourcing printing & mailing of all recipient copies. Imports from outside accounting & other programs...…
