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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

Vic.ai Launches Intelligent PO Matching, a Step Forward in Autonomous Finance

This release is the latest in Vic.ai’s end-to-end invoice processing solution, which uses AI to automate manually intensive AP tasks and elevate finance and accounting teams.

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Payroll

Most Americans Uncomfortable with Emergency Savings

Just 43% of Americans say they are comfortable with the level of emergency savings they currently have, including 28% who are somewhat comfortable and 15% who are very comfortable.

Accounting

Woodard Appoints Deborah Defer as Director of CAAS Consulting Services

Defer will lead Woodard’s efforts in providing comprehensive assessments, practice strategy/design, and implementation support to top 200 CPA firms in the United States.

Accounting

Tax, Accounting and Legal Pros are Cautiously Optimistic about Generative AI

Twenty percent of respondents said their firm or company has warned employees against the unauthorized use of generative AI at work.

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Accounting

Avalara Announces 51 Newly Certified Integrations into Business Applications

Avalara certified integration partners have met criteria developed by Avalara for performance and reliability.

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Advisory

Commercial Insurance Rates Increased by 5.6% in Q1 2023

The aggregate commercial price change reported by carriers was an increase of 5.6%, up from the rate of 4.8% in the previous quarter.

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Small Business

Most Small Business Owners Don't Want Their Kids to Inherit and Run Their Business

Among parents, nearly all (94%) want their children to forge their own path, rather than follow in their footsteps.

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Payroll

Paychex Charitable Foundation Donates $1 Million to National Urban League

The grant, which allocates $250,000 annually over four years, will support job training and workforce development programs in key markets where Paychex has a high concentration of employees.

Accounting

Grant Thornton Expands Private Equity Offerings

In these roles, McManus and Arata will provide Grant Thornton’s private equity clients and their portfolio companies with comprehensive solutions that help drive organic and inorganic strategic growth.

Accounting

Avalara Launches Sales Tax Calculator Plugin for ChatGPT

Avalara is the first tax compliance software provider to work with OpenAI to use its protocol to build an integrated plugin for ChatGPT.

Technology

MyLawCLE and Tax Rep Network Partnership Provides Insider Knowledge on Working with the IRS

In addition to training sessions for IRS representation, the partnership will enable attorneys and law firms to explore adding new revenue streams to their practices with tax resolution services.

Accounting

AICPA Announces the Winner of the George Krull/Grant Thornton EDGE in Teaching Award

The award recognizes successful leading-edge practices in the teaching of junior- or senior-level accounting courses that continue to enhance accounting majors’ interest in accounting.