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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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Financial Reporting

At stockholder meeting, Intuit CEO hints at role in small business lending

With small business lending opportunities tight because of the reluctance of many financial institutions to qualify businesses for loans, Intuit is looking at ways it could work with small businesses and lenders to help provide better financial strength assessments, which could help with the qualification process.

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Accounting

Medical marijuana company hires accounting firm for audit

Medical Marijuana Inc., an OTC publicly-traded business (MJNA), announced on Wednesday that it has signed a letter of engagement with the San Diego based accounting firm of Anthony W. Imbimbo & Associates to perform an audit of its financial records.

Small Business

Winners of FedEx Small Business Grant Competition announced

FedEx has announced the winners of its first national Small Business Grant Competition. The winner: Darn Good Yarn, a small business based in Sebec, Maine. Its founder, Nicole Snow, will receive a $25,000 grant to invest in and further grow the business.

Accounting

Accounting firm helping investigate alleged cheating in Texas school district

The district's school board has sought the forensic audit capabilities of Weaver LLP's El Paso office. The public accounting firm is one of the largest in regioinal, independent firms in the Southwest.

Advisory

Deltek announces ERP system designed for accounting firms

New Deltek Maconomy Public Accounting Solution to be unveiled at Winning is Everything conference

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State and Local Taxes

California reports budget surplus

After more than a decade of financial strife, teacher cutbacks, employees paid with IOUs and the recall of one governor, California Governor Jerry Brown unveiled the state's latest finances. The surprise for many: A budget surplus of about $851 million.

IRS

Late start to tax season: IRS plans Jan. 30 opening day for 1040 returns, late Feb for more complex filers

Tax filing season to start Jan. 30, but late February for more complex returns

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Income Tax

Road Runner: U.S. goes over fiscal cliff, spins feet, goes back to solid ground

After failing to reach a fiscal agreement and "stepping over the cliff," lawmakers figuratively spun their feet in the air, then turned back and found solid ground by reaching agreement that will prevent the otherwise automatic tax increases that would have hit all Americans. Those taxes would have resulted from the automatic expiration of the "Bush Tax Cuts."

Happy New Years 2013!

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Technology

Gadget bonus ideas for the new year: New Years' Eve! Resolving to clean up a nasty habit.

Looking for post-holiday gift ideas? Isaac points out a few cool tech gadgets.

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Technology

Gadget bonus ideas for the new year: Dec. 30: An elegant, all-natural laptop case

Looking for post-holiday gift ideas? Isaac points out a few cool tech gadgets.

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Technology

Gadget bonus ideas for the new year: Dec. 29: A Golden Gift: Hit the tees at home

Looking for post-holiday gift ideas? Isaac points out a few more cool tech gadgets.