Latest Articles

 AccuFund Releases Version 3.09

January 20, 2010 

AccuFund Releases Version 3.09

Latest release features enhancements to many of the system’s core modules, adding General Ledger Allocations and email capabilities to the Financial and Standard Report Writers.

 Haiti Aid May be Deductible for 2009 Returns

January 18, 2010 

Haiti Aid May be Deductible for 2009 Returns

Bipartisan Push on Capitol Hill Would Allow Donations to Quake Relief to be Applied to 1040 Returns Currently Being Filed In a seemingly rare display of bipartisan effort by both chambers of Congress, Democratic and Republican leaders in the House and Senate are pushing to quickly pass legislation that will allow U.S. taxpayers to deduct...…

Isaac M. O'Bannon

 Congress Passes Haiti Aid Bill

January 18, 2010 

Congress Passes Haiti Aid Bill

Democratic and Republican leaders in the House and Senate joined an effort to quickly pass legislation that allows U.S. taxpayers to deduct their Haiti aid donations on their 2009 income tax returns.

 A Salute to the Ohio Society of CPAs

January 13, 2010 

A Salute to the Ohio Society of CPAs

The OSCPA is continuing their annual tradition of providing free tax return preparation for military families. To qualify, the filer (or one of the joint filers) must be a permanent resident of the state of Ohio and be currently deployed outside of the state. As a veteran who served overseas several times, I would like...…

Isaac M. O'Bannon

 Sage Brand Discussed at Thought-Leader Summit

January 11, 2010 

Sage Brand Discussed at Thought-Leader Summit

Last week, I was very fortunate to be one of about 20 professionals who were invited to part of a Thought-Leader Summit in Las Vegas. Most of us in the room provide information to the accounting marketplace through content, social media or consulting services. Sage sponsored the meeting because it wanted feedback and advice on...…

Scott Cytron

 Unlicensed Tax Preparers to Face Changes, Registration

January 11, 2010 

Unlicensed Tax Preparers to Face Changes, Registration

The IRS announced last week that, starting with next year’s filing season (TY 2010), all paid tax preparers who are not already recognized by the IRS will have to follow new guidelines. The proposal essentially creates a new category of professional preparer (acronym as yet unknown) who will be required to register, receive a preparer...…

Isaac M. O'Bannon

 IRS Proposes Registration, Testing, CPE for All Paid Tax Preparers

January 10, 2010 

IRS Proposes Registration, Testing, CPE for All Paid Tax Preparers

With tax and accounting professionals heading into the beginning of the TY 2009 income tax filing season, the IRS has announced significant new changes that it plans to implement starting in Jan. 2011, along with enhanced enforcement measures that will start this season. The changes are geared toward providing regulation of the thousands of unlicensed…

 Native American Owned Investment Firm Selected by U.S. Department of Treasury as Financial Agent for Emergency Economic Stabilization Act

December 29, 2009 

Native American Owned Investment Firm Selected by U.S. Department of Treasury as Financial Agent for Emergency Economic Stabilization Act

OKLAHOMA CITY (December 29, 2009) – The U.S. Department of the Treasury recently announced that Oklahoma-based Avondale Investments, LLC, is one of the selected six firms from more than 200 submissions nationwide to help manage its portfolio of assets in the wind-down phase of the Capital Purchase Program (CPP) and other programs under the Emergency...…

 Intuit Launches ProLine Tax Online Edition

December 23, 2009 

Intuit Launches ProLine Tax Online Edition

Intuit Inc. is releasing its latest time-saving innovation to its professional accounting and tax customers with a new Software-as-a-Service tax solution designed to help professionals quickly and easily prepare and file 1040 federal and state tax returns – anytime, anywhere.

 Small Business Tech Tips

December 15, 2009 

Small Business Tech Tips

We’ve got a great webcast tomorrow (Tuesday, 12/15 at 2pm ET). Darren Root and I will discuss several technology concepts and tips for small businesses – not just professional accountants, but their clients, too. Plus, 2-hours of free CPE! Register at http://www.cpata.com/webcast_tw. Intuit has also put out a Top 10 List of technology-focused small business...…

Isaac M. O'Bannon