Isaac M. O'Bannon

Taxes February 21, 2025 

This article includes an easy reference chart that taxpayers can use to estimate how soon they may get their income tax refund.

Isaac M. O'Bannon

Firm Management February 20, 2025 

The report reveals that mid-sized (21-50 employees) and large firms (over 200 employees) are leading AI adoption.

Isaac M. O'Bannon

Taxes February 20, 2025 

To avoid mistakes and potential processing delays, taxpayers should refrain from filing until they have received all necessary tax documents. Taxpayers should always carefully review documents for inaccuracies or missing information.

Isaac M. O'Bannon

Accounting February 19, 2025 

The Big Four accounting firm has informed its staff that it is ending its diversity, equity and inclusion programs, a move that comes as the new Trump administration is taking a stand against these initiatives.

Isaac M. O'Bannon

Accounting February 19, 2025 

Hosted by CPA Practice Advisor, attendees included top firm leaders, tech experts, practice consultants, and AICPA President and CEO Mark Koziel.

Isaac M. O'Bannon

Accounting February 17, 2025 

Virginia passes state law to offer alternative to 150-hour rule for CPA credential. Candidates can now earn the credential with a 4-year degree, plus 2 hours of experience, and passing the CPA Exam.

Isaac M. O'Bannon

Accounting February 17, 2025 

Voting in the 2025 Readers’ Choice Awards is now open. Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.

Isaac M. O'Bannon

Taxes February 16, 2025 

Updated Feb. 16, 2025. Tax season has just begun, but it may be about to get more difficult for taxpayers and tax preparers such as CPAs and accountants. The move could also delay income tax refunds. The IRS started accepting income tax returns on January 27, 2025, which means tax filing season is officially upon...…

Isaac M. O'Bannon

Taxes February 16, 2025 

According to ABC News and the Associated Press, up to 15,000 workers at the Internal Revenue Service could be laid off from their positions in the next week.

Isaac M. O'Bannon

Taxes February 15, 2025 

The CPA Practice Advisor Weekly Tax News Roundup is a weekly recap of tax-related news from the past week. From IRS news and tax court cases, to state, SALT, legislation and other related areas, the roundup can help you catch-up on recent changes. === Let us know if you like this new feature using the...…

Isaac M. O'Bannon

AICPA February 14, 2025 

As taxpayers navigate the challenges of tax season, the American Institute of CPAs (AICPA) is identifying areas individual filers to be aware of for this filing season.

Isaac M. O'Bannon

Taxes February 14, 2025 

Section 199A generally allows owners of pass-through entities to deduct 20 percent of the owner’s QBI earned in a qualified trade or business.

Isaac M. O'Bannon