Payroll
There's a Gender Gap in Home Buying, Too
In 2016, 19.4% of young single women owned a home, compared with 29.6% of young single men — a gap of 10.1 percentage points.
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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Small Business
Small Business Jobs and Wages Saw Modest Increase in March
The March report also showed average hourly earnings increased slightly from the previous month to 4.64 percent.
Payroll
Americans Forecast to Spend $24 Billion on Easter in 2023
Eighty-one percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.
Accounting
AuditDashboard Successfully Completes 7th SOC 2 Type 2 Audit
The independent attestation affirms AuditDashboard’s information security practices, policies, procedures, and operations meet the rigorous System and Organization Controls (SOC) standards ...
Taxes
Arkansas and Mississippi Storm Victims Get Tax Deadline Extension to July 31
This means eligible taxpayers will have until July 31 to file and pay tax returns, as well as to make 2022 contributions to their IRAs and health savings accounts.
Small Business
2023 Retail Sales Forecast to Grow 4% to 6%
The National Retail Federation has issued its annual forecast, anticipating that retail sales will grow between 4% and 6% in 2023.
Accounting
Illinois CPA Society Announces 2023-2024 Board of Directors
The Illinois CPA Society has formally announced its new board of directors for the April 1, 2023, to March 31, 2024, fiscal year.
Accounting
U.S. Consumer Confidence Increased Slightly in March
While consumers feel a bit more confident about what’s ahead, they are slightly less optimistic about the current landscape.
Accounting
86% of Accountants Expect Technology to Drive their Firms' Growth in 2023
In 2023, accountants expect to spend an average of $15,800 on technology improvements and upgrades. Nearly half expect to invest in and adopt automation tools...
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Accounting
UWorld Offers Scholarships for CPA Exam Review Course
The recipients will be selected based on merit, extracurricular achievement, and financial need. The Spring 2023 scholarship application deadline is April 28, 2023.
Taxes
AICPA Proposes Operational Plan for Resources Included in Inflation Reduction Act
The AICPA issues its position on the Internal Revenue Service’s (IRS) upcoming operational plan for the $80 billion appropriation provided to the IRS through the Inflation Reduction Act.
Taxes
AICPA Comments on Interim Guidance Regarding Corporate AMT
The American Institute of CPAs (AICPA) submitted comments and recommendations which identify and provide additional information regarding CAMT guidance.