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Latest Articles

sales_tax

Small Business June 11, 2026 

States are Getting Creative as Tax Policy Shifts at Record Speed, Says Avalara Report

Lawmakers are increasingly expanding the sales tax base to encompass new categories of goods and services.

Isaac M. O'Bannon

Featured Articles

June 11, 2026  

IRS Intends to Issue Proposed Regulations for Executive Compensation at Tax-Exempt Groups

June 11, 2026  

How a Small CPA Firm Cut Client Onboarding Time in Half and Built a More Scalable Advisory Practice

June 11, 2026  

Judge Declines Action on ‘Anti-Weaponization’ Fund While Warning DOJ

June 11, 2026  

Amid Slew of Corporate Tax Ideas, Newsom Chose One Likely to Hit Californians’ Premiums

June 11, 2026  

Idaho Bookkeeper Receives Jail Time for Embezzling From Lewiston’s Travelland RV
COUNTERPOINT: IRS Should Not Be Trusted With Direct File

Taxes April 11, 2024 

COUNTERPOINT: IRS Should Not Be Trusted With Direct File

Despite its recent trendiness in certain circles, Direct File has little potential for good—and much for bad.

POINT: IRS Direct File Simplifies Doing Taxes, Saves Money

Taxes April 11, 2024 

POINT: IRS Direct File Simplifies Doing Taxes, Saves Money

The new IRS Direct File tool represents government at its best: saving families time and money.

college-graduation1

Payroll April 10, 2024 

New Grads to Face Active Hiring Market, Higher Starting Salaries

Average starting salaries for entry-level financial reporting accountants are $54k-67K. Internal auditor starting salaries average about $50-55K.

Isaac M. O'Bannon

PCAOB Proposal Would Require Audit Firms to Disclose a Variety of Metrics

Auditing April 10, 2024 

PCAOB Proposal Would Require Audit Firms to Disclose a Variety of Metrics

The proposal would direct firms to provide more information, like involvement of partners and auditor turnover, to investors.

Jason Bramwell

PCAOB Wallops KPMG Netherlands With Record $25M Fine For Exam Cheating

Auditing April 10, 2024 

PCAOB Wallops KPMG Netherlands With Record $25M Fine For Exam Cheating

Rampant cheating on internal training exams occurred from 2017 to 2022 and the firm lied about its knowledge of it, the PCAOB said.

Jason Bramwell

Webinar: Effortless Tax Prep and Workflow: Say Goodbye to Client Frustrations

Technology May 16, 2024 

Webinar: Effortless Tax Prep and Workflow: Say Goodbye to Client Frustrations

Erase client frustration with automated tax return delivery they will want to adopt.

Jason Staats Set to Face RightTool in 2024 ABC Tournament Final

Accounting April 10, 2024 

Jason Staats Set to Face RightTool in 2024 ABC Tournament Final

Voting for the championship match between CPA Jason Staats and QuickBooks automation tool RightTool ends April 12.

Jason Bramwell

 Ex-Trump Finance Chief Sentenced to Five Months in Jail For Perjury in Fraud Case

Accounting April 10, 2024 

Ex-Trump Finance Chief Sentenced to Five Months in Jail For Perjury in Fraud Case

Former Trump Organization CFO Allen Weisselberg pleaded guilty to two first-degree perjury counts in March.

venture_capital

Accounting April 10, 2024 

FloQast Secures $100 Million in Series E Funding, Achieving $1.6 Billion Valuation

With this latest investment, FloQast achieves a post-money valuation of $1.6 billion, underscoring its position as a leader in the accounting and finance technology sector.

Isaac M. O'Bannon

grocery-produce-IOBannon-05052022

Sales Tax April 10, 2024 

Oklahoma to Exempt Groceries from State Sales Tax

Come August 2024, the Sooner state will cut back by providing a partial sales tax exemption for food for home consumption.

Gail Cole

DataSnipper Launches AI Platforms for Audit and Finance

Accounting April 10, 2024 

DataSnipper Launches AI Platforms for Audit and Finance

With the aim of further developing the software and serving new markets, the scale-up recently raised an investment of $100 million at a valuation of $1 billion.

Isaac M. O'Bannon

AICPA Provides Recommendations to Simplify Procedures for Generation-Skipping Tax Exemption

Taxes April 10, 2024 

AICPA Provides Recommendations to Simplify Procedures for Generation-Skipping Tax Exemption

These recommendations will simplify filing for taxpayers and practitioners and will reduce the administrative burden on the IRS as well.

Isaac M. O'Bannon

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