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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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Advisory

KPMG Named Best Company for Asian-Pacific Workers

Big 4 accounting and consulting firm KPMG LLP has been named the "Best Company for Asian Pacific Americans to Develop Workforce Skills" by the Asia Society for the second consecutive year.

Benefits

How Employers and Accounting Firms Can Navigate Obamacare Penalties

Thomson Reuters has released a special report for employers, accounting firms, and other professionals who advise business clients, Get Ready to Play or Pay: Employer Shared Responsibility Under Health Care Reform. The report highlights key provisions employers must understand to avoid tax penalties related to the Affordable Care Act.

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Accounting

Tips for Businesses to Avoid Committing Fraud

The School of Graduate and Professional Studies at New England College has but together an infographic that offers an easy go-to guide for businesses on what’s legal and what’s illegal when it comes to managing their business through the year and when preparing for their taxes.

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Firm Management

Accounting Firm Kennedy and Coe to Merge with Matson and Isom

Two prominent accounting firms announced on Wednesday that they are planning to merge. Kennedy and Coe, LLC will merge with Matson and Isom effective January 1, 2015, pending final approvals of negotiations.

Cloud Technology

Xero Introduces New Practice Manager System for Accounting Firms

Cloud accounting provider Xero is rolling out a new practice management solution that offers job costing, time tracking and invoice management functions. Xero Practice Manager is designed for accountants and bookkeepers who provide services to a variety of business and individual clients.

Accounting

Employment Report Shows Florida and Texas Leading in Job Growth

Private sector employment in the U.S. increased in all nine Census Bureau Divisions during May, according to the monthly ADP Regional Employment Report, which is produced by ADP, a provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics, Inc. The ADP Regional Employment Report measures monthly changes in regional non-farm private employment on a seasonally adjusted basis.

Accounting

Center for Audit Quality Supports PCAOB Efforts

Improved audit quality is a goal being pursued by the Public Company Accounting Oversight Board (PCAOB), and a non-partisan audit advocacy group is supporting its recent efforts.

Accounting

Intacct Launches Performance Cards, New Dashboard Visualization Feature

Cloud accounting and business management developer Intacct has announced the launch of Performance Cards, new dashboard visualizations that provide users with at-a-glance views into critical performance trends. Built directly into the Intacct financial management system, Performance Cards are easy to create, require no custom code development or additional software, and leverage Intacct’s dimensional general ledger to provide a broad range of financial and operational insights for improved decision making.

Income Tax

IRS Adopts Taxpayer Bill of Rights

The Internal Revenue Service has created a "Taxpayer Bill of Rights" that will become a cornerstone document to provide the nation's taxpayers with a better understanding of their rights.

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Accounting

New Tax Research System Features Multi-Jurisdictional Content, Enhanced Search

Thomson Reuters has launched its next generation online tax research system, Checkpoint Catalyst, which features multi-jurisdictional content, embedded tools and an enhanced search engine. Catalyst is built on the Checkpoint platform, and is designed to help tax professionals more quickly find research results.

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Accounting

Small Business Optimism Improves to Highest Level Since 2007

Small businesses are feeling slightly more confident in the economy, but one of the nation's largest organizations representing them says that there is "no sign of a surge."

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Accounting

Sage Introduces New Exchange Payment Management System

Sage North America has introduced its new Sage Exchange Payment Management System, which is designed to help small and midsized businesses (SMBs) by consolidating all of their payment activity onto one platform. SMBs can also use Sage Exchange to easily monitor and manage the payments from all their sales environments: on the web, over the phone, through mobile devices, or at their storefront.