Taxes
Tax Tips for the 2024 Filing Season from the AICPA
As taxpayers navigate the challenges of tax season, the AICPA wants individual filers to be aware of what’s new for this filing season.
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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Human Resources
Anxiety is Top Issue for American Workers Seeking Mental Health Assistance
Anxiety now tops depression, stress, partner or relationship issues, family issues, addiction, and grief, among other subjects that people seek help coping with.
Financial Reporting
FloQast Adds Advanced Reconciliation Management Automation Capabilities
Companies can now avoid the month-end rush and achieve greater reconciliation accuracy by minimizing manual matching and data gathering.
Accounting
Cast Your Vote for 2024 Readers' Choice Awards!
The CPA Practice Advisor Readers’ Choice Awards give readers the opportunity to spotlight the technologies they most rely on and trust to manage their firms.
Small Business
Existing Home Sales Jumped 9.5 Percent in February
Among the four major U.S. regions, sales jumped in the West, South and Midwest, and were unchanged in the Northeast.
Accounting
Node40 and SoftLedger Partner for Digital Asset Analysis and Accounting
SoftLedger is now using NODE40’s newest API based offering that seamlessly integrates NODE40 processed digital asset data into accounting solutions already used by SoftLedger’s clientele.
Accounting
Fieldguide Raises $30 Million in Series B Funding
Since its founding, Fieldguide’s mission has been to address the CPA and advisory industry’s talent shortage with AI solutions that enable practitioners of all levels to tackle manual tasks with speed and high quality.
Taxes
FORVIS Launches TaxCred PRO for Clean Energy
TaxCred PRO for Clean Energy walks users through IRA discovery with a user-friendly questionnaire, collecting details about their clean energy initiatives and investments.
Payroll
Florida Man Gets Prison for Not Paying $900K in Employment Taxes
A Florida man has been sentenced to 30 months in prison for failing to pay over taxes that he withheld from his employees’ paychecks.
Accounting
Corporate Finance Leaders Still Concerned About Bank Failure, Survey Shows
A high level of anxiety still lingers following 2023's bank failures. Over half (55%) of respondents expressed concerns about the future when it comes to bank safety and soundness.
Taxes
Corvee Adds Home Office Deduction Tax Position to Instead for Tax Planning
Corvee, a software and solutions company serving small and medium-size businesses as well as tax and accounting firms, has added home office deduction filing guidelines to Instead and Instead Pro.
Accounting
Data Shows Finance and Insurance Sector Has Had 70 Percent Increase in R&D
Companies in the US finance and insurance sector have increased their R&D investment by 70.4% compared to the previous year, according to the latest annual data. The second highest increase of all sectors in the US.