Technology
Vertex Joins Oracle ISV Accelerator Program
The Vertex Accelerator offering has been steadily delivering a “near push-button” experience for more than 175 global customers looking to integrate Vertex tax solutions.
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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Sales Tax
Sovos Fortifies U.S.- Based DBNAlliance to Enhance Seamless Global Business Networks
Processing more than 11 billion transactions each year, Sovos’ membership is a substantial show of support for the DBNAlliance's mission to rapidly deploy a framework of standards and
Taxes
TIGTA Finds $3.5 Billion Tax Fraud Scheme
TIGTA investigators identified a scheme where individuals obtained Employer Identification Numbers, a unique nine-digit identifier required for tax purposes, and then used them to file business tax returns that improperly claimed...
Small Business
New Federal Rule Requires Airlines to Provide Cash Refunds for Canceled Flights
Prior to this rule, airlines were permitted to set their own standards for what kind of flight changes warranted a refund. As a result, refund policies differed from airline to airline, which made it difficult for passengers to know or assert their refund rights.
Accounting
AuditBoard Adds AI Capabilities
The application of AI represents a significant opportunity for teams managing risk to better connect data across functions, craft content, and proactively surface issues, risks, and insights.
Accounting
AICPA Launches Registered Apprenticeship for Finance Business Partners Program in Florida
The program’s growth into Florida continues the rapid advancement of the Registered Apprenticeship for Finance Business Partners.
Firm Management
FTC Rule Bans Non-Compete Agreements
In response, the global tax firm Ryan filed a lawsuit in a Texas federal court the same day, challenging the rule on the basis that it, "... imposes an extraordinary burden on businesses seeking to protect their intellectual property (IP) and retain top talent ...
Payroll
U.S. Labor Dept. Expands Overtime Rules to 4 Million More Salaried Workers
The salary threshold will increase from its current $35,500 per year to $43,888 on July 1, 2024, then to $58,656 on Jan. 1, 2025.
Small Business
75% of Mid-Market Companies Say They Will Invest in AI Over Next 5 Years
The majority of mid-market businesses are planning to invest in machine intelligence to improve efficiency.
Firm Management
Minnesota Accounting Firm Joins CLA Global
Christianson PLLP joined has joined CLA Global Limited (CLA Global), an organization comprised of independent accounting and advisory firms.
Financial Reporting
Survey Shows Divide Among Finance Pros When it Comes to the Future of Finance
60% of accounting and finance professionals surveyed say they identify as finance business partners, and 84% of those are extremely optimistic about the future of the profession.
Accounting
Illinois CPA Society Announces 2024 Outstanding Leadership Award Recipients
ICPAS will formally present awards to the honorees at the Leadership Recognition & Awards Dinner in Chicago on June 13, 2024.