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Isaac M. O'Bannon

Managing Editor

isaac.obannon@cpapracticeadvisor.com

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

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Accounting

AICPA Foundation Announces Scholarship Recipients for 2022-2023

The American Institute of CPAs (AICPA) Foundation awarded more than $1 million in scholarships, grants and fellowships to students for the 2022-2023 academic year.

Income Tax

IRS Says Wrongfully Forgiven PPP Loans are Taxable

When a taxpayer's loan is forgiven based upon misrepresentations or omissions, the taxpayer is not eligible to exclude the forgiveness from income and must include in ...

Income Tax

Puerto Rico Gets Tax Relief for Hurricane Fiona

The Internal Revenue Service has announced that Hurricane Fiona victims in all 78 Puerto Rican municipalities now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments.

Accounting

Survey Shows Most Professionals are Unprepared for Future of Accounting and Finance

The report also details the transformative effect the global COVID-19 pandemic has had on the finance and accounting function and how finance and accounting ...

Income Tax

Projected 2023 Income Tax Rates

Inflation adjusted amounts in the tax code will increase by roughly 7.1% from 2022, more than double last year’s increase of 3%, according to the 2023 Projected U.S. Tax Rates forecast.

Advisory

Grant Thornton Partners with Hyperproof for Risk Management and Compliance reporting

Hyperproof is a provider of software-as-a-service (SaaS) compliance operations for mid-sized to very large enterprises. Grant Thornton LLP is one of America’s largest audit, tax and advisory firms.

Advisory

Armanino Launches Digital Client Experience Application

The all-encompassing digitized experience will be available for select Armanino clients to test-drive and provide feedback on.

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Income Tax

Taxpayer Advocate Wants to Improve Taxpayer Experience at IRS

The NTA outlines the most time-sensitive priorities for the IRS in part one of her NTA Blog which focuses on eliminating the backlog of processing paper ...

Accounting

Ensuring Success 2022 - 2 Days of Free Online CPE - Earn Up to 14 Hours

Earn from 1 to 14 hours of free CPE during this online 2-day event. Pick only the sessions you want to attend, and finish up your CPE requirements before the end of the year.

Sales Tax

State and Local Sales Taxes at All-Time High

The Mid-Year Rates and Rules Report revealed that, although the implementation of taxes is beginning to level off, rates are higher.

Firm Management

Grant Thornton Names Fair Opportunity Project as a Purple Paladin

The word paladin means a champion of a cause. Grant Thornton and its professionals have donated more than $650,000 to Purple Paladin nonprofits.

Accounting

Ensuring Success 2022 - 2 Days of Free Online CPE - Register Now to Save Your Space

Earn from 1 to 14 hours of free CPE during this online 2-day event. Pick only the sessions you want to attend, and finish up your CPE requirements before the end of the year.