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Latest Articles

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

Accounting July 13, 2026 

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession. Deadline is Nov. 2, 2026.

Isaac M. O'Bannon

Featured Articles

July 27, 2026  

Chattanooga Church Pushes Republican Candidates, Possibly Violating Tax Law

July 27, 2026  

54% of Gen X Say Caregiving Fuels Workplace Burnout

July 27, 2026  

Mamdani Sparks Backlash, Debate with Social Media Post Celebrating Luxury 2nd-Home Tax

July 27, 2026  

New Washington ‘Millionaires Tax’ Lawsuit Challenges Ballot Language

July 27, 2026  

Toy Manufacturer Sues Trump Administration Again Over New Round of Tariffs
IRS Working on 1099 Guidance for Middle Class Tax Refund in California

Taxes February 6, 2023 

IRS Working on 1099 Guidance for Middle Class Tax Refund in California

The agency previously said it was working on guidance for 19 states that provided refunds of some form in 2022.

Suspicious White Powder Found at a Georgia IRS Office

Taxes February 6, 2023 

Suspicious White Powder Found at a Georgia IRS Office

A package containing the powder, which was found in the mailroom, was determined to be harmless.

Convenience Store 1 IsaacOBannon CPAPA

Small Business February 6, 2023 

Retailer Association Sees Growth in 2023, Says Recession Unlikely

The labor market is cooling as some major companies, particularly in technology, announce layoffs, but small businesses are continuing to hire and the December unemployment rate was at a 50-year low of 3.5%.

Isaac M. O'Bannon

GASB

Accounting February 6, 2023 

GASB Proposes New Guidance for Subscription-Based IT Services

If cleared as final implementation guidance, the question and answer in this supplemental Exposure Draft will be added to previously exposed questions and ...

Isaac M. O'Bannon

Marijuana cannabis store

Small Business February 6, 2023 

Recreational Marijuana Sales Start in Missouri

On Friday, [Feb. 5, 2023] the Missouri Department of Health and Senior Services issued licenses to 207 dispensaries across the state to legally sell cannabis to anyone over the age of 21.

IRS Looks to Start Tip Reporting Program for Service Industry

Taxes February 6, 2023 

IRS Looks to Start Tip Reporting Program for Service Industry

IRS seeks public comment on proposed Service Industry Tip Compliance Agreement (SITCA) program.

Treasury Shifts SUV Definition for EV Tax Credits After Carmakers Gripe

Taxes February 6, 2023 

Treasury Shifts SUV Definition for EV Tax Credits After Carmakers Gripe

The change made Friday is likely to be the difference between thousands of dollars in consumer discounts.

Small Business Owners Call on Congress to Fix Federal Program Deficiencies

Small Business February 6, 2023 

Small Business Owners Call on Congress to Fix Federal Program Deficiencies

Most small business owners polled urge lawmakers to modernize and improve the Small Business Administration.

economy1

Payroll February 4, 2023 

U.S. Adds 517,000 New Jobs in January, Unemployment Rate Lowest Since 1969

Hiring topped all estimates in a Bloomberg survey of economists, which called for a 188,000 gain in payrolls and for the unemployment rate to rise to 3.6%.

taxes21

Taxes February 3, 2023 

Changes to Tax Credits and Deductions Could Mean Smaller Refunds or Higher Taxes in 2023

Certain tax credits for children and dependents have been reduced, and the charitable deduction some taxpayers took advantage of during the pandemic years is no longer so easy to claim.

Miami Woman Accused of Buying Bentley with PPP Funds

Accounting February 3, 2023 

Miami Woman Accused of Buying Bentley with PPP Funds

According to the indictment, Rendon submitted fabricated loan applications to lenders in New Jersey and Idaho by falsifying her company’s revenue, payroll, employees ...

bigstockphoto-Research-55158401

Taxes February 3, 2023 

R&D Tax Credit Misconceptions and Guidelines

With all the benefits of the R&D Tax Credit, some are looking for clarification on the best the procedures for acquiring the credit and applying it.

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