Small Business
Existing-Home Sales Faded 3.4% in April
Year-over-year, sales slumped 23.2% (down from 5.57 million in April 2022).
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
CEO Pay Increased by 2.7 Percent in 2022
Additionally, the percentage of CEOs who received a reduction in total pay doubled from 21% in 2021 to 42% in 2022.
IRS
AICPA Endorses Legislation to Simplify Tax Filing Extension Process
The American Institute of CPAs (AICPA) has endorsed bipartisan legislation introduced by Representatives Judy Chu (D-CA) and Mike Carey (R-OH) to simplify the tax filing extension process.
Payroll
Online Labor Demand Increased in April
The Conference Board-Lightcast Help Wanted OnLine Index measures the change in advertised online job vacancies over time, reflecting monthly trends in employment opportunities across the U.S.
Accounting
Minnesota CPAs Introduce Legislation to Protect Profession
The demographics impacting the profession are temporary and will change, leading to too many CPAs.
Accounting
Nomination Period Open for 2023 Innovation Awards
Now in their 20th year, the Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Taxes
AICPA Submits Suggestions for the 2023-2024 Guidance Priority List
As the IRS plans to prioritize providing additional guidance as stated in the IRS Strategic Operating Plan, the AICPA encourages the IRS to issue guidance on recommended areas.
Accounting
Audit Partners Pessimistic on U.S. Economic Outlook
The survey found that organizations are prioritizing cost management and financial performance over other areas like talent and labor.
Accounting
LeaseCrunch Experts to Speak at Upcoming Accounting Conferences
At AICPA ENGAGE, the company will have an exhibition booth, providing attendees with valuable insights and solutions in lease accounting.
Accounting
Ramp Launches Broad Set of AI-Powered Capabilities for Business Financial Management
Ramp is now applying AI's power of historical pattern analysis to over $10 billion in aggregated spend data.
Accounting
FORVIS Names Jennifer Wold as Managing Partner for Virginia Market
Wold is a member of the firm’s Commercial Products Practice and comes into the market from Wichita, Kansas with nearly 30 years of experience.
Payroll
Startup Secures $10 Million to Reimagine Payroll
Over the past two years, Salsa has been building payroll infrastructure that’s designed for the future of work and made to be easier for developers to incorporate into their own products.