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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

Illinois CPA Society Announces 2023 Young Professionals Leadership Award Recipient

This award recognizes a certified public accountant (CPA), under age 35, who has demonstrated outstanding leadership skills in their career, in public or community service, and through involvement in professional organizations.

Accounting

New AICPA Chair Looks to Foster Innovation and Support Next Generation of Accounting Professionals

Okorie L. Ramsey, CPA, CGMA, PMP, NACD, will also serve as chair of the Association of International Certified Professional Accountants.

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AICPA

AICPA Supports Strategy to Increase New Accounting Professionals

The governing body of the American Institute of CPAs has endorsed the creation of a national strategy to boost the number of accounting graduates who enter the profession, as well as those who go on to obtain a CPA license.

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Accounting

NetSuite for Government Helps State and Local Agencies Move to the Cloud for Better Efficiency

NetSuite for Government runs on a modern cloud infrastructure that offers robust security, consolidates and connects data on a common platform for fast analysis, and easily integrates with many existing government systems.

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Payroll

52% of Adults Say Money Has Negative Impact on Mental Health

Among those who say money has a negative impact on their mental health, 56% say this happens at least once a week (up from 52% last year), which includes 29% who say this happens daily.

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Taxes

Democrat and Republican Representatives Introduce Bill to Simplify Tax Extensions

The bill would allow taxpayers to automatically qualify for an extension without fear of penalty by paying a simple, easily-calculated amount of 125 percent of their prior year’s tax liability.

Accounting

CPA Pathways Discussion: Addressing the Objections

The Minnesota Society of CPAs (MNCPA) introduced legislation this session at the Minnesota Legislature to broaden the pathways to CPA licensure, leading to many conversations with multiple stakeholders.

gig economy

Payroll

Nearly 2 in 5 Have a Side Hustle; 44% Think They Will Always Need One

Side hustlers earn $810 per month, on average, with 27% earning more than $500 per month and 15% earning more than $1,000.

Accounting

AuditClub Announces New Quality Management Subscription

AuditClub Compass is a customized three-phase subscription journey built on a risk-based and scalable approach to quality.

Accounting

Accounting Professors Receive Honors from Illinois CPA Society

The Illinois CPA Society (ICPAS) has presented its Outstanding Educator Award to two Illinois accounting faculty as part of its 2023 awards program.

Accounting

Certum Solutions Awards $5,000 Grant for Environmental Sustainability to Cape Fear Botanical Garden

The grant was awarded based on an essay contest for Earth Day and continuous attention to the environment throughout the year.

MassCPAs

Accounting

Massachusetts Society of CPAs Announces New Board of Directors

MassCPAs Board of Directors is a group of elected members that sets policies, manages programs and oversees activities that benefit the 11,500-member organization and accounting profession in Massachusetts.