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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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Payroll

The Business Impact of Promotions and Measuring Employee Motivation and Commitment

ADPRI shows how promotions, under certain conditions, can impact businesses, a finding that underscores the importance of having a thoughtful retention plan and a strategy to support these career milestones.

Accounting

AICPA Advisory Group Seeks Inclusivity on National Strategy to Address Accounting Talent Shortage

Progress is being made on the creation of a national strategic plan to address the profession’s talent shortage, attendees of the American Institute of CPAs’ (AICPA) fall governing Council meeting were told.

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Mergers and Acquisitions

Modern Wealth Management Acquires Martin James Investment & Tax Management

Through this acquisition, Modern Wealth now gains a highly capable tax strategy and preparation team, with the added benefit of financial planning and investment management expertise.

Accounting

Versapay Named First NetSuite Partner for Automated Payment Processing

Offered within NetSuite, NetSuite Pay powered by Versapay extends NetSuite’s enterprise resource planning (ERP), customer relationship management (CRM), and SuiteCommerce solutions to help businesses further simplify payment processing.

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Payroll

ADP Adds HCM Solution for Construction Industry

ADP Workforce Now for Construction includes features for job costing, payroll, HR, worker development, managing government compliance and reporting, worker recruiting and retention, union management, and multi-job site management.

Income Tax

Bloomberg Tax AI Lab Enables AI Functions for Bloomberg Tax Research

The new Bloomberg Tax AI Lab offers customers the option of testing new AI-driven tools, beginning with an enhanced search experience using AI functionality.

Accounting

AICPA Honors Financial Reporting Leader with Gold Medal

As a leader on the forefront of financial reporting during a challenging period for the accounting and finance profession, Herz has demonstrated exemplary leadership and held key positions that have shaped the accounting landscape.

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Small Business

Retail Sales Grew in September, But Core Year-Over-Year Gains Are Slowing

Retail sales continued to grow in September even as consumers faced continuing economic pressures, according to the National Retail Federation.

Firm Management

Right Networks Rebrands as Rightworks, Unveils Improved and Unified Experience for Accounting Firms

Right Networks has rebranded as Rightworks, and announced a platform launch to offer the only intelligent cloud purpose-built for accounting firms and professionals.

Small Business

Avalara Expands Partnership with Oracle NetSuite to Deliver Integrated E-Invoicing Solution

NetSuite Electronic Invoicing, which is powered by Avalara, will allow organizations to increase efficiency, reduce costs, and address compliance with global e-invoicing mandates.

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Income Tax

American Living in Monaco Pleads Guilty to $5.1 Million IRS Tax Evasion

Schechter never disclosed the income from the sale of the Monaco apartment or the securities bought from sale proceeds to his tax return preparer.

Payroll

U.S. Businesses are Improving on Pay Transparency

The survey found most U.S. organizations are communicating different components of their pay program information to employees.