The Accounting Podcast

SponsorsDigits: https://www.cloudaccountingpodcast.promo/digitsScribe: https://cloudaccountingpodcast.promo/scribeNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes00:59 – Taxpayer advocate urges IRS to use scanners to cut backloghttps://www.accountingtoday.com/news/taxpayer-advocate-urges-irs-to-use-scanners-to-cut-backlog  IRS Says Paper Income Tax Returns are Major Cause of Logjamhttps://www.cpapracticeadvisor.com/tax-compliance/news/21262251/irs-says-paper-income-tax-returns-are-major-cause-of-logjam 14:07 – FTC says TurboTax free filing not as free as advertised, Intuit vows to fighthttps://www.accountingtoday.com/news/federal-trade-commission-complaint-says-turbotax-overstated-free-file-options-intuit-vows-to-fight-back FTC Sues Intuit Over Deceptive TurboTax “Free” Filing Campaignhttps://smallbiztrends.com/2022/03/ftc-sues-intuit-over-deceptive-turbotax-free-filing.html ‘False Claims and Buried Disclosures’: FTC Says TurboTax Tricks People Into Thinking They Can File for Freehttps://money.com/turbotax-free-file-ftc-complaint/  18:32 – Five insights gleaned from PCAOB audit committee chair reporthttps://www.complianceweek.com/accounting-and-auditing/five-insights-gleaned-from-pcaob-audit-committee-chair-report/31507.article  22:02 – House Bill Calls for Creation of Crypto-Less, Privacy-First Digital Dollarhttps://www.pymnts.com/cbdc/2022/house-bill-calls-for-creation-of-crypto-less-privacy-first-digital-dollar/  24:58 – Voicemail from Ryan Pearcy – Thank you! 27:02 – Hedge funds are betting against a cryptocurrency whose price shouldn’t move. Tether says the short sellers are part of a ‘clever scheme to raise capital from those less knowledgeable’https://www.wsj.com/articles/short-sellers-bet-tether-cryptos-central-bank-is-vulnerable-to-a-run-11648978202 29:14 – Hackers heist $600M in crypto from blockchain networkhttps://www.accountingtoday.com/news/hackers-steal-600-million-in-crypto-from-ronin-blockchain-network  Crypto Gaming's Biggest Success Story Scammed Out Of $600 Millionhttps://kotaku.com/crypto-axie-infinity-scam-exploit-blockchain-ethereum-n-1848721147 34:12 – Accounting software: MCA yet again defers mandatory audit trail norm by 1 more yearhttps://www.thehindubusinessline.com/economy/accounting-software-mca-yet-again-defers-mandatory-audit-trail-norm-by-1-more-year/article65282052.ece  35:49 – Ask These 3 Interview Questions to Hire the Best Accountant for Your Firmhttps://news.bloombergtax.com/daily-tax-report/ask-these-3-interview-questions-to-hire-the-best-accountant-for-your-firm  Former School of Medicine administrator pleads guilty to stealing $40 million from the University - Yale Daily Newshttps://yaledailynews.com/blog/2022/03/28/former-school-of-medicine-administrator-pleads-guilty-to-stealing-40-million-from-the-university%EF%BF%BC/  46:51 – Email from Tony – Thank you! 54:40 – Builder.ai Raises $100M Series C Funding Led by Global Software Investor Insight Partnershttps://www.prnewswire.com/news-releases/builderai-raises-100m-series-c-funding-led-by-global-software-investor-insight-partners-301513079.html  55:22 – Trullion tackles applying AI to accounting workflows | VentureBeathttps://venturebeat.com/2022/03/25/trullion-tackles-applying-ai-to-accounting-workflows/  56:43 – Finally, SMB Accounting Startup, Raises $95M | PYMNTS.comhttps://www.pymnts.com/news/investment-tracker/2022/finally-a-small-business-accounting-automation-startup-raises-95m/amp/  Finally, a Small Business Accounting Automation Startup, Raises $95Mhttps://www.pymnts.com/news/investment-tracker/2022/finally-a-small-business-accounting-automation-startup-raises-95m/Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show....

SponsorsDark Horse: https://cloudaccountingpodcast.promo/darkhorseSynder: https://cloudaccountingpodcast.promo/synderRelay: https://cloudaccountingpodcast.promo/relayNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes03:29 – Mister Car Wash Finding Loyalty Among Increasing Customer Base            https://www.pymnts.com/news/retail/2022/mister-car-wash-finding-loyalty-among-increasing-customer-base/ 05:51 – Voicemail from Nikole – Thank you! 13:08 – Intuit Rate Survey: COVID-19’s impact on accounting professionals and their clients           https://www.firmofthefuture.com/content/intuit-rate-survey-covid-19s-impact-on-accounting-professionals-and-their-clients/ 18:00 – Half of Remote Professionals Say They Would Quit if Required to Go Back to Office            https://www.cpapracticeadvisor.com/payroll/news/21261548/half-of-remote-professionals-say-they-would-quit-if-required-to-go-back-to-office 20:27 – As more companies begin their return to the office, Facebook parent Meta Platforms is becoming more remote than ever before           https://www.wsj.com/articles/mark-zuckerberg-and-metas-leadership-take-remote-work-to-the-extreme-11648040580 24:30 – Rick Scott touts importance of 'bookkeeping' classes when asked about financial literacy bill          https://floridapolitics.com/archives/510781-bookkeeping-scott/ 26:24 – Who stands to make and lose money if the SEC climate rule becomes lawhttps://www.cnbc.com/2022/03/23/sec-climate-rule-winners-and-losers.html New SEC proposal would ramp up climate-change disclosureshttps://www.journalofaccountancy.com/news/2022/mar/new-sec-proposal-ramp-up-climate-change-disclosures.html 34:09 – Advisory Services Continue to Grow in Accounting Firms https://www.cpapracticeadvisor.com/firm-management/article/21261215/advisory-services-continue-to-grow-in-accounting-firms 35:54 – Madonna Becomes Latest Celeb Aboard Bored Ape          https://www.pymnts.com/nfts/2022/madonna-becomes-latest-celeb-aboard-bored-ape-yacht-club/ 39:32 – Six months in, El Salvador’s bitcoin gamble is crumbling - Rest of World   https://restofworld.org/2022/el-salvador-bitcoin/?utm_source=pocket-newtab 42:52 – Digits books $65M on a $565M valuation to bring a more dynamic, automated approach to legacy accounting tools – TechCrunch        https://techcrunch.com/2022/03/24/digits-books-65m-on-a-565m-valuation-to-bring-a-more-dynamic-automated-approach-to-legacy-accounting-tools/ 59:47 – Podcast 350: Wayne Chang of Digits - LendIt Fintech News            https://www.lendacademy.com/podcast-350-wayne-chang-of-digits/Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsRoyalwise: learn.royalwise.comFuture Firm: https://futurefirmaccelerate.com/GetW9: https://getw9.tax/ Oh My Fraud: A True Crime Podcast for Accountants: ohmyfraud.comWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

SponsorsKeeper: https://cloudaccountingpodcast.promo/keeperSynder: https://cloudaccountingpodcast.promo/synderScribe https://cloudaccountingpodcast.promo/scribeNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes01:02 – Talking Disney and Bars ...  15:37 – Commissioner to Congress: IRS will clear backlog by year’s end https://www.journalofaccountancy.com/news/2022/mar/commissioner-congress-irs-will-clear-backlog-years-end.html 16:18 – IRS plans to hire thousands likely to fall short      https://www.accountingtoday.com/news/irs-plans-to-hire-thousands-more-employees-likely-to-fall-short 19:50 – IRS Struggles Allow Secret Election Spending To Flourishhttps://campaignlegal.org/update/irs-struggles-allow-secret-election-spending-flourish 20:43 – IRS Starts Using Chatbots for Calls             https://www.cpapracticeadvisor.com/tax-compliance/news/21260152/irs-starts-using-chatbots-for-calls 21:46 – PCAOB confirms talks with China on audit firm accesshttps://www.accountingtoday.com/news/pcaob-confirms-talks-with-china-on-audit-firm-access 25:19 – The SEC is investigating the Big Four accounting firms for potential conflicts of interest that could influence their audits, people familiar sayhttps://www.wsj.com/articles/big-four-accounting-firms-come-under-regulators-scrutiny-11647364574 28:12 – Accounting Faces Reckoning After Years of Sluggish Pay Growth https://news.bloombergtax.com/daily-tax-report/accounting-faces-reckoning-after-years-of-sluggish-pay-growth Big Four Accounting Firms Reportedly Probed by SEC       https://www.businessinsider.com/big-four-accounting-firms-sec-probe-conflict-of-interest-report-2022-3 32:14 – Workers Care More About Flexible Hours Than Remote Work - WSJ           https://www.wsj.com/articles/workers-care-more-about-flexible-hours-than-remote-work-11643112004 33:20 – 58% of Consumers Check on Work While Not in Office, Outside Normal Working Hours    https://www.pymnts.com/connectedeconomy/2022/consumers-check-on-work-while-not-in-office-outside-working-hours/ 35:30 – Tucson woman accused of gambling away $5M in embezzled fundshttps://tucson.com/news/local/crime-and-courts/tucson-woman-accused-of-gambling-away-5m-in-embezzled-funds/article_b010f994-a70c-11ec-9940-7fa3aaccf602.html37:01 – Botkeeper Upgrades Bookkeeping Task Platform               https://www.accountingweb.com/technology/accounting-software-news/botkeeper-upgrades-bookkeeping-task-platform 39:09 – Stamped AI closes $2 million to simplify financial statement prep for SMBs            https://betakit.com/stamped-ai-closes-2-million-to-simplify-financial-statement-prep-for-smbs/ 40:19 – FISKL introduces modern API-driven accounting for small businesses        https://www.wfmz.com/news/pr_newswire/pr_newswire_technology/fiskl-introduces-modern-api-driven-accounting-for-small-businesses/article_9626addf-cd8b-5324-b3a0-3725c43ad8e8.html 42:06 – AuditBoard rolls out new automation and analytics features         https://www.accountingtoday.com/news/auditboard-releases-auditboard-automation-and-analytics-tool 46:35 – Coinbooks raises $3.2 million to build accounting software for DAOs         https://www.theblockcrypto.com/linked/138356/coinbooks-raises-3-2-million-to-build-accounting-software-for-daos  46:51 – Coinbooks Gathers $3.2 Million For Developing Accounting Software To Serve DAOs         https://www.thecoinrepublic.com/2022/03/19/coinbooks-gathers-3-2-million-for-developing-accounting-software-to-serve-daos/ 48:20 – Xerocon Sydney: Xerocon returns to Australia     https://www.xero.com/blog/2022/03/xerocon-returns-to-australia/ 49:17 – Xero’s position on Ukraine and Russia     https://www.xero.com/blog/2022/03/our-position-on-ukraine-and-russia/ 50:52 – The Ukraine crypto connection 52:00 – Bitcoin Price Surges on Biden’s Crypto Executive Orderhttps://www.wsj.com/articles/biden-to-order-study-of-cryptocurrency-risk-creation-of-u-s-digital-c...

SponsorsOnPay https://cloudaccountingpodcast.promo/onpayFreshBooks https://cloudaccountingpodcast.promo/freshbooksScribe https://cloudaccountingpodcast.promo/scribeNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes01:37 – Top Firms 2022: What Great Resignation?             https://www.accountingtoday.com/news/top-firms-2022-what-great-resignation 03:19 – 2022 State of Accounting Firms Trends Reporthttps://insights.caseware.com/caseware-2022-state-of-accounting-firms-trends-report 05:58 – The fastest-growing firms in the U.S. — 2022        https://www.accountingtoday.com/list/the-fastest-growing-firms-in-the-u-s-2022 08:00 – YPTC Scores Second Place on Accounting Today’s 2021 List of Best Accounting Firms to Work Forhttps://www.yptc.com/yptc-scores-second-place-on-accounting-todays-2021-list-of-best-accounting-firms-to-work-for/ 12:20 – Cloud computing expected to skyrocket in accounting firmshttps://www.accountingtoday.com/news/caseware-survey-finds-two-thirds-plan-to-increase-use-of-cloud-computing-solutions 12:30 – Vast Majority of Accounting Firms Plan to Tap into Cloud Technology Due to Pandemic: Global Surveyhttps://www.cfodive.com/press-release/20220309-vast-majority-of-accounting-firms-plan-to-tap-into-cloud-technology-due-to/ 14:25 – Email from Tyler – Audit at a Big Four – Thank you!  21:33 – DoorDash Partners with Office Depot to Offer Business and Learning Essentials On Demandhttps://doordash.news/consumer/doordash-partners-with-office-depot-to-offer-business-and-office-essentials-on-demand/ 25:27 – A bit about surge pricing 27:24 – IRS budget increase slashed in latest spending bill              https://www.accountingtoday.com/news/irs-budget-increase-slashed-in-latest-spending-bill 28:23 – IRS proposes to raise fees for enrolled agentshttps://www.accountingtoday.com/news/irs-proposes-to-raise-fees-for-enrolled-agents 28:44 – IRS going on a hiring spreehttps://www.accountingtoday.com/news/irs-looking-to-hire-10-000-people-fast IRS to fast-track 10,000 hirings to address backloghttps://www.journalofaccountancy.com/news/2022/mar/irs-fast-track-10000-hirings-address-backlog.html IRS direct-hiring 5,000 in service centers https://www.journalofaccountancy.com/news/2022/mar/irs-direct-hiring-in-service-centers.html 29:25 – IRS audits poorest families five times as much as others  https://www.accountingtoday.com/news/irs-audits-poorest-families-five-times-as-much-as-others IRS audits the poor at 5 times the rate of everyone else, analysis findshttps://www.cbsnews.com/news/irs-audit-eitc-five-times-as-likely-to-get-audited/ 31:51 – Why underfunding the IRS hurts the accounting profession 37:18 – Practice Ignition becomes ‘Ignition’         https://www.accountingtoday.com/news/practice-ignition-becomes-ignition-enhances-platform 38:17 – Contabilizei Receives Investment of $60M Led by Softbankhttps://www.pymnts.com/smbs/2022/contabilizei-receives-investment-of-60m-led-by-softbank/ 40:30 – Patriot Software patents dual-ledger featurehttps://www.accountingtoday.com/news/patriot-software-successfully-patents-dual-ledger-accounting-solution-as-software-feature 44:35 – Chargebee acquires collections management platformhttps://www.accountingtoday.com/news/chargebee-adds-accounts-receivable-services-by-acquiring-collections-management-platform-numberz 45:14 – MarginEdge & Intuit Launch Unified Restaurant Solutionhttps://www.prnewswire.com/news-releases/marginedge--intuit-launch-unified-restaurant-solution-301485003.html 50:35 – Fieldguide raises $17M in new funding   https://www.accountingtoday.com/news/fieldguide-raises-20-million-in-series-a-funding-at-100-million-valuation 52:55 – Tax and audit software reaching the clouds?  56:01 – Exclusive: Found raises $60 million for self-employed business bankinghttps://www.axios.com/exclusive-found-raises-60-million-for-self-employed-business-banking-944d74ad-d2e6-4c4a-b953-1b0a34cd7301.html  Careers 

SponsorsONCE Accounting: https://cloudaccountingpodcast.promo/oncea2X: https://cloudaccountingpodcast.promo/A2XLiveFlow: https://cloudaccountingpodcast.promo/liveflowNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes02:33 – David’s QBO Troll             https://twitter.com/davidleary/status/1499514128435531800 08:26 – Are the big firms falling apart?  09:59 – The Big Firm Biz Model 13:03 – Is this model sustainable?  14:29 – Why Blake moved to tech 17:06 – Remote work changed everything 18:21 – Can accounting jobs be more meaningful?  20:27 – Accounting standards haven’t changed in 100 years  22:52 – Companies and investors don't care about the financial numbers like they used to. The metrics are changing.  26:39 – People want a meaningful job 28:45 – Lifestyle spending accounts - what are they? 31:45 – Schools aren't teaching accounting students about other opportunities 35:18 – ‘I spent 5 hours on the phone’: Woman exposes TurboTax for taking thousands of her tax return in viral TikTokhttps://www.dailydot.com/debug/tiktok-tax-return-turbotax/ 36:38 – TPG refund         https://ttlc.intuit.com/community/after-you-file/discussion/tpg-refund/00/2511328 39:56 – DIY vs. tax pro: How taxpayers choosehttps://www.accountingtoday.com/news/study-finds-tax-software-users-prioritize-cost-and-paid-preparer-users-prioritize-accuracy 41:53 – Working with tax organizers needs to be easier - bad customer experience 44:11 – Companies need to raise their prices and focus on customer experience instead of speed 46:29 – AICPA & CIMA stand with the people of Ukrainehttps://www.fm-magazine.com/news/2022/mar/aicpa-cima-ukraine-statement.html 49:11 – Ex-Big 4 Partner On Why the Big 4 Firms Should Pull Out of Russia: 'It's the Right Thing to Do and You Know It'https://www.goingconcern.com/ex-big-4-partner-why-big-4-firms-should-leave-russia/ 50:31 – Visa and Mastercard Suspend Russian Operations             https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-03-04/card/visa-and-mastercard-suspend-russian-operations-LAhp94TyXAXrNzaILwz5 51:05 – Spoils of War? Ukraine Says No Taxes Due on Captured Russian Tankshttps://www.cpapracticeadvisor.com/tax-compliance/news/21259037/spoils-of-war-ukraine-says-no-taxes-due-on-captured-russian-tanks 52:51 – KPMG set to drop some clients over Russian sanctionshttps://www.accountingtoday.com/articles/kpmg-set-to-drop-some-clients-over-russian-sanctions 53:05 – Grant Thornton Drops Its Russian Affiliate Over Conflict In Ukrainehttps://www.goingconcern.com/grant-thornton-drops-its-russian-affiliate-over-conflict-in-ukraine/ Big 4 Firms Condemn Russia's Invasion of Ukraine, But Will They Sever Relationships With Any Russian Clients? (UPDATE)https://www.goingconcern.com/big-4-firms-condemn-russias-invasion-of-ukraine-but-will-they-sever-relationships-with-any-russian-clients/ 54:09 – Voicemail from Jack Thiel – Talking startups, etc. in accounting 57:06 – Voicemail from Joe Cangelosi – Leaving accounting ‎01:02:05 – Jacob I. Oberlander, CPA on Twitter: "@BlakeTOliver We're not charging by the hour and not billing by the hour. But we're still tracking time.https://twitter.com/JacobOberlander/status/1498320967331983361 01:04:01 - Technology has changed the way time is measurable for work successGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyStitcher:

Sponsorsa2X: https://cloudaccountingpodcast.promo/A2XCanopy: https://cloudaccountingpodcast.promo/canopySynder: https://cloudaccountingpodcast.promo/synderNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes00:24 – We make snow-shoveling fun! Thanks, Jonathan!  02:20 – Countries consider suspending Russia from the world’s main payment infrastructurehttps://twitter.com/i/events/1497079584633745408?s=12 03:50 – What is SWIFT?  06:10 – Will Russia just flip to crypto?  07:23 – Lightspeed Leads Deal for Brex Rival Payhawk at $1 Billion Valuation https://www.theinformation.com/articles/lightspeed-leads-deal-for-brex-rival-payhawk-at-1-billion-valuation 07:37 – Brex Debuts Mobile Cash Flow Management Tools https://www.pymnts.com/mobile-applications/2022/brex-debuts-mobile-cash-flow-management-tools/  10:18 – Amex, Airbase Team on Accounting Automation https://www.pymnts.com/partnerships/2022/amex-airbase-team-on-automation-of-accounting-approvals-for-virtual-cards/  12:48 – Intuit beta tests revenue sharing program with accountants https://www.accountingtoday.com/news/intuit-beta-tests-revenue-sharing-program-with-pro-advisor-accountants  16:00 – Intuit Revenue Share - Are You Eligible?  https://report.woodard.com/articles/intuit-revenue-share-are-you-eligible-ocawr ProAdvisor Revenue Share Program https://quickbooks.intuit.com/accountants/products-solutions/pricing-promotions/papp/revenue-share/  20:35 – What’s new in QuickBooks Online: January 2022 – QuickBookshttps://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-january-2022/ 24:15 – Intuit Inc. (INTU) Second Quarter Earnings Show QuickBooks, MailChimp Revenue Growth - InvestorsObserver https://www.investorsobserver.com/news/stock-update/intuit-inc-intu-second-quarter-earnings-show-quickbooks-mailchimp-revenue-growth  28:00 – The Future of QuickBooks with Hector Garcia – Earmark Accounting Podcasthttps://share.transistor.fm/s/60ebf866 32:45 – Blake’s interview with Ben Taylor of SoftLedger https://share.transistor.fm/s/3edead94 Intuit cuts sales forecast on ‘slower forming’ tax season | Accounting Todayhttps://www.accountingtoday.com/articles/intuit-cuts-sales-forecast-on-slower-forming-tax-season Intuit Reports Second Quarter Results and Reiterates Full Year Guidance; Organic Online Ecosystem Revenue Grew 37 Percent https://www.businesswire.com/news/home/20220224005433/en/Intuit-Reports-Second-Quarter-Results-and-Reiterates-Full-Year-Guidance-Organic-Online-Ecosystem-Revenue-Grew-37-Percent  Intuit Corp (INTU) Q2 2021 Earnings Call Transcript @themotleyfool #stocks $INTU https://www.fool.com/earnings/call-transcripts/2021/02/23/intuit-corp-intu-q2-2021-earnings-call-transcript/  35:30 – Xero’s new App Launcher: Bringing apps closer to Xero small businesses and their advisors | Xero Bloghttps://www.xero.com/blog/2022/02/xero-app-launcher/ New Xero App Launcher helps get more apps to small businesses https://itbrief.com.au/story/new-xero-app-launcher-helps-get-more-apps-to-small-businesses Introducing the new Xero App Launcher | by Xero Developer | Feb, 2022 | Xero Developer https://devblog.xero.com/introducing-the-new-xero-app-launcher-ab6a21a650be  38:50 –Introducing Xero Product Ideas | Xero Blog            https://www.xero.com/blog/2022/02/introducing-xero-product-ideas/ 42:50 – Dallas Accounting Platform Rebrands as Once, Then Gets Selected by Industry Accelerator Program » Dallas Innovates https://dallasinnovates.com/dallas-accounting-platform-rebrands-as-once-then-gets-selected-by-aicpa-accelerator-program/  43:43 – Bench strength: Shopify hires accounting software entrepreneur Ian Crosby to oversee banking products | Ottawa Business Journal    https://www.obj.ca/article/techopia/bench-strength-shopify-hires-accounting-software-entrepreneur-ian-crosby-oversee 48:00 – Feedback on our compilations discussion – Thank you, Chris!  48:45 – Now Trump Says His Accounting Firm Was 'Broken' By 'Radical Leftist' Racists https://www.huffpost.com/entry/trump-radical-leftist-racists-mazars-usa_n_6212e537e4b08ee35ee43b3c  50:28 – Email from Eric Fraint, President, and Founder of YPTC weighs in on timesheets. Thank you, Eric!  56:58 – Ford Baker, creator...

SponsorsSynder: https://cloudaccountingpodcast.promo/synderCanopy: https://cloudaccountingpodcast.promo/canopya2X: https://cloudaccountingpodcast.promo/A2XNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes04:55 – Another listener weighs in on the timesheet issue 08:42 – Logan L. George, CPA on LinkedIn: #ditchhourly #nomoretimesheetshttps://www.linkedin.com/posts/logan-l-george-cpa-09166a112_ditchhourly-nomoretimesheets-activity-6897759335934492672-xJLY 12:05 – Years after calling Bitcoin ‘rat poison,’ Warren Buffett just invested $1 billion in a crypto-friendly bankhttps://finance.yahoo.com/news/warren-buffett-just-invested-1-163230481.html 16:05 - Colorado’s Plans To Accept Tax Payments in Crypto Could Be Rocky for Investors - Blockworks https://blockworks.co/colorados-plans-to-accept-tax-payments-in-crypto-could-be-rocky-for-investors/ 18:14 – Celebrities and NFTs: why your favourite stars are trying to sell you cryptocurrency https://www.thenationalnews.com/arts-culture/2022/02/13/celebrities-and-nfts-why-your-favourite-stars-are-trying-to-sell-you-cryptocurrency/ 20:40 – Accountant Shortage, Resignations Fuel Financial Reporting Risks https://news.bloombergtax.com/financial-accounting/accountant-shortage-resignations-fuel-financial-reporting-risks  21:30 – 'Limited pipeline' biggest challenge in advancing DE&I, survey finds | Accounting Todayhttps://www.accountingtoday.com/news/limited-pipeline-biggest-challenge-in-advancing-de-i-survey-finds 25:15 – Public accountants are deducting themselves from their jobshttps://www.theverge.com/2022/1/31/22903016/public-accountants-big-quit-memes-reddit 25:40 – r/Accounting - News story featuring r/Accountinghttps://www.reddit.com/r/Accounting/comments/sh35dk/news_story_featuring_raccounting/ 26:38 – Forwarded from Will Hill (linkedin.com/in/wghill)             Accountant Shortage, Resignations Fuel Financial Reporting Riskshttps://news.bloombergtax.com/financial-accounting/accountant-shortage-resignations-fuel-financial-reporting-risks 32:00 – The decreasing value of accounting 33:40 – Digging into the Trump Dump - Trump's Long-Time Accounting Firm Cuts Ties Over Financial Statementshttps://www.nytimes.com/2022/02/14/nyregion/mazars-trump-organization-financial-statements.html 36:20 – Letter from Mazars on Donald Trump’s 2011-2020 financial statements - The Washington Posthttps://www.washingtonpost.com/context/letter-from-mazars-on-donald-trump-s-2011-2020-financial-statements/05c11ff2-b2e2-4d95-bcf4-cdffee6454bf/ 41:50 – Trump’s accountants, Mazars, just quit. What took so long? | Accounting Todayhttps://www.accountingtoday.com/articles/trumps-accountants-just-quit-what-took-so-long 44:21 – Why Mazars accounting firm ditched Trump - The Washington Post https://www.washingtonpost.com/politics/2022/02/15/why-trumps-accounting-firm-ditched-him/ 49:30 – Does Any Blame Lie With Mazars USA In Trump Organization Financial Statement Mess?https://www.goingconcern.com/does-any-blame-lie-with-mazars-usa-in-trump-organization-financial-statement-mess/ 50:46 – Why It’s No Surprise Trump’s Accounting Firm Is Saying His Financial Statements Are Unreliable https://www.forbes.com/sites/chasewithorn/2022/02/16/why-its-no-surprise-trumps-accounting-firm-is-saying-his-financial-statements-are-unreliable/ 56:43 – Why Blake thinks compilations are garbage 59:50 – Trump Makes New Claims About His Wealth After Accountants Drop Himhttps://www.nytimes.com/2022/02/16/business/trump-wealth-mazars.html SEC accounting and auditing enforcement plunged in 2021, but PCAOB enforcement increased https://www.accountingtoday.com/news/sec-accounting-and-auditing-enforcement-plunged-in-2021-but-pcaob-enforcement-increased Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DI...

SponsorsOnPay: https://cloudaccountingpodcast.promo/onpaySynder: https://cloudaccountingpodcast.promo/synderFreshBooks: https://cloudaccountingpodcast.promo/freshbooksNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes ... We've also got updates on the IRS "facelift" that fell flat, some big raises, some app news, and much more! 02:44 – IRS backs away from facial recognitionhttps://www.journalofaccountancy.com/news/2022/feb/irs-backs-away-from-facial-recognition.html 04:26 – IRS To Ditch Biometric Requirement for Online Accesshttps://krebsonsecurity.com/2022/02/irs-to-ditch-biometric-requirement-for-online-access/ 06:33 – A Guide to Completing Your Organizer This Tax Seasonhttps://news.bloombergtax.com/tax-insights-and-commentary/a-guide-to-completing-your-organizer-this-tax-season 11:00 –  Listener Mail – A Tale of Two Timesheet Stories  14:20 – The first Rule of Timesheet Club ...  17:42 – Listener Mail – Big 4 Timesheet Racket   20:11 – Listener Mail - Letters from Outside Alcatraz 23:49 – Deloitte audit chief sees profession evolving amid pandemic | Accounting Todayhttps://www.accountingtoday.com/news/deloitte-audit-chief-sees-profession-evolving-amid-pandemic 27:35 – The Real Reason America Doesn’t Have Enough Truck Drivershttps://www.nytimes.com/2022/02/09/business/truck-driver-shortage.html 34:09 – Payroll Employee Quits on the Spot After Finding Potential Wage Theft, Exposes Company with Viral TikToks, Sparks Controversyhttps://amp.cheezburger.com/473351/payroll-employee-quits-on-the-spot-after-finding-potential-wage-theft-exposes-company-with-viral 38:34 – The Timesheet Lies Coffee Table Book Needs You!  39:59 – The Crypto Bowl is the beginning of a blockchain advertising bonanzahttps://www.protocol.com/fintech/super-bowl-crypto-bowl 41:59 – Crypto paychecks have more appeal outside the U.S. | Accounting Todayhttps://www.accountingtoday.com/articles/crypto-paychecks-have-more-appeal-outside-the-u-s 44:53 – Accounting Standards Are Key to Getting Digital Assets on Corporate Balance Sheetshttps://www.coindesk.com/layer2/2022/02/07/accounting-standards-are-key-to-getting-digital-assets-on-corporate-balance-sheets/ 46:54 – Uber CEO: Crypto Payments Are Coming…Somedayhttps://www.pymnts.com/cryptocurrency/2022/uber-ceo-crypto-payments-are-coming-someday/ 47:37 – ­­KPMG Canada Latest Firm to Add Bitcoin, Ether to Balance Sheet – Blockworkshttps://blockworks.co/kpmg-canada-adds-bitcoin-ether-to-balance-sheet/ Accounting Giant KPMG Invests in Bitcoin and Ethereumhttps://www.investopedia.com/kpmg-invests-in-bitcoin-and-ethereum-5218436 48:40 – More Listener Mail – Modern Treasury 50:21 – $66 million to give accounting firms the practice management solution they deserve | Karbon resourceshttps://karbonhq.com/resources/66million-to-give-accounting-firms-the-practice-management-solution-they-deserve/ Next Xero? Aussie accounting tech firm worth $402m after $93m raisehttps://www.afr.com/technology/next-xero-aussie-accounting-tech-firm-worth-402m-after-93m-raise-20220204-p59tv0 50:59 – GoCardless Valued at $2.1B After Series Ghttps://www.pymnts.com/news/investment-tracker/2022/gocardless-valued-at-2-1b-after-series-g/ 51:15 – Neat Inks Deal With Document Scanner Maker Ravenhttps://www.accountingweb.com/technology/accounting-software-news/neat-inks-deal-with-document-scanner-maker-raven 51:42 – Taxfyle raises $20M Series B round, plans to grow its team by 100+https://www-refreshmiami-com.cdn.ampproject.org/c/s/www.refreshmiami.com/taxfyle-raises-20m-series-b-round-plans-to-grow-its-team-by-100/ 53:08 – One More Listener Mail – Gaming the Accounting System54:15 - Accounting Games - They're a Thing? https://www.youtube.com/watch?v=dBXV1feuKSsGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Insta...

SponsorsFreshBooks: https://cloudaccountingpodcast.promo/freshbooksCanopy: https://cloudaccountingpodcast.promo/canopyRelay: https://cloudaccountingpodcast.promo/relayNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes... We'll also get into some app news, conference updates, and talk more tax, as we wander through the land of IRS troubles. 02:10 – Listener Mail: On the Sovietness of Timesheeting  06:34 – Listener Message: Squarely Tax – Cash App gets in the tax game Taxes Helphttps://taxeshelp.cash.app/s/article/What-forms-and-situations-does-Cash-App-Taxes-support 07:16 – TurboTax and Coinbase Team Up to Help You Invest Your Refund in Cryptocurrencyhttps://blog.turbotax.intuit.com/turbotax-news/turbotax-and-coinbase-team-up-to-help-you-invest-your-refund-in-cryptocurrency-50791/ TurboTax: Deposit your tax refund into your Coinbase account       https://rb.gy/azugh5 09:24 – New bill would change tax rules for cryptocurrency purchaseshttps://www.accountingtoday.com/news/lawmakers-introduce-virtual-currency-tax-fairness-act 10:01 – Intuit CEO warns of tax bill shock for Bitcoin, NFT traders   https://www.accountingtoday.com/articles/intuit-ceo-warns-of-tax-bill-shock-for-bitcoin-nft-traders 13:38 – Why Is Matt Damon Shilling for Crypto?       https://www.nytimes.com/2022/02/02/magazine/matt-damon-crypto.html?referringSource=articleShare 15:59 – Listener Voicemail: Anti-Crypto Boo!  18:58 – Blake responds ...  23:38 – ACH Network up to 29.1B Payments Valued at $72.6T in 2021https://www-pymnts-com.cdn.ampproject.org/c/s/www.pymnts.com/news/faster-payments/2022/ach-network-up-to-29-1b-payments-valued-at-72-6t-in-2021/amp/ 24:06 - Crypto, NFTs are rife with ‘mountains’ of fraud, IRS says      https://www.accountingtoday.com/articles/crypto-nfts-are-rife-with-mountains-of-fraud-irs-says 26:24 – Deluxe Reports 6% YoY Growth in Checks Segmenthttps://www.pymnts.com/news/b2b-payments/2022/deluxe-reports-6-percent-yearly-growth-checks-segment/ 26:59 – Deluxe Corporation (DLX) CEO Barry McCarthy On Q4 2021 Results - Earnings Call Transcripthttps://seekingalpha.com/article/4483948-deluxe-corporation-dlx-ceo-barry-mccarthy-on-q4-2021-results-earnings-call-transcript 27:24 – More Listener Mail: Splitting Bad Haircuts 29:41 – When you log in to your IRS account this tax season you'll likely have to use ID.me to verify your identity. The service scoops up a huge pool of personal data that police and other authorities could tap into.https://www.businessinsider.com/irs-partner-idme-logs-inferred-citizenship-all-users-data-privacy-2022-2?utm_source=pocket_mylist 31:00 – GOP lawmakers move to stop IRS facial recognition technologyhttps://www.accountingtoday.com/news/gop-lawmakers-move-to-stop-irs-facial-recognition-technology 32:25 – IRS to add 1,200 employees as agency confronts delays, backlog   https://www.accountingtoday.com/articles/irs-to-add-1-200-employees-as-agency-confronts-delays-backlog 33:10 – What’s the IRS Hiding?          https://cpatrendlines.com/2022/02/01/whats-the-irs-hiding/ 35:22 – Even More Listener Mail: The Prometric Remote-Testing Faux Pas 36:41 – You guessed it – Listener Message: Another Disgruntled CPA looking for Work-Study Credit 37:45 – Weeks after a ransomware attack, some workers still worry about paycheckshttps://www.nbcnews.com/tech/security/weeks-ransomware-attack-workers-still-worry-paychecks-rcna14186 38:53 – Intuit warns of phishing emails threatening to delete accountshttps://www.bleepingcomputer.com/news/security/intuit-warns-of-phishing-emails-threatening-to-delete-accounts/ 41:15 – Important update - Xerocon date change - Xero Blog          https://www.xero.com/blog/2022/02/xerocon-new-orleans-date-change/ 43:15 – Keri Gohman new CEO @ Abacus Next         https://twitter.com/kerigohman/status/1488242061811744768?s=12 45:48 – Pennylane wants to overhaul the accounting tech stack in France  https://techcrunch.com/2022/01/30/pennylane-wants-to-overhaul-the-accounting-tech-stack-in-france/ 48:39 – Lendio’s Sunrise Financial Platform Delivers Small Businesses Premier Tools Built To Save Time and Money

SponsorsRelay: https://cloudaccountingpodcast.promo/relaySynder: https://cloudaccountingpodcast.promo/syndera2X: https://cloudaccountingpodcast.promo/A2XNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes... We're also covering assorted listener mail around our Tether talk from Episode 263, why it may be wise to avoid that Prometric remote testing, and how bosses can also be less than honest when it comes to timesheets. We've got app news, fintech news, and so much more. Enjoy! 03:35 - You know that portal you are sending clients to...https://twitter.com/davidleary/status/1486426809054887939?s=12 07:39 – The logic of Typeform 12:56 – Saying goodbye to TurboTax  16:44 - USDC audited     https://twitter.com/jacobbschroeder/status/1487470168246784009?s=12 18:13 - Tether's New Accounting Firm Is the Old One, With Baggagehttps://www.coindesk.com/markets/2022/01/26/tethers-new-accounting-firm-is-the-old-one-with-baggage/ 19:16 – The Case of the Missing Billable Hours  21:30 - Avoid Prometric Remote Tests!  23:13 - NFL star's massive tax bill highlights problems with BTC salarieshttps://cointelegraph.com/news/nfl-star-s-massive-tax-bill-highlights-problems-with-btc-salaries/amp 26:15 - IRS kicks off challenging tax seasonhttps://www.accountingtoday.com/news/irs-kicks-off-challenging-tax-season 27:22 - IRS Child Tax Credit letters may have wrong informationhttps://www.accountingtoday.com/news/irs-child-tax-credit-letters-may-have-wrong-information 29:05 - AICPA notes IRS announcement on notices, asks Service to do more - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2022/jan/aicpa-notes-irs-announcement-on-notices-asks-more.html 31:47 - Announcing Plaid Portal: An ongoing commitment to data privacyhttps://plaid.com/blog/data-privacy-week-2022/ Plaid Debuts Data Privacy Tool Plaid Portalhttps://www.pymnts.com/digital-payments/2022/plaid-debuts-data-privacy-tool-plaid-portal/ 35:52 - The IRS is reportedly looking for ID.me alternatives amid privacy concernshttps://www.theverge.com/2022/1/29/22907853/irs-idme-facial-recognition-alternatives-privacy-concerns 38:43 - PPP and IRS Disappointmenthttps://www.nber.org/papers/w29669 40:20 - Here’s where billions in PPP cash meant for workers actually ended up goinghttps://www.dallasnews.com/business/banking/2022/01/21/heres-where-billions-in-ppp-cash-meant-for-workers-actually-ended-up-going/ 46:35 - Apple (AAPL) to Let iPhones Accept Credit Cards in Threat to Square – Bloomberghttps://www.bloomberg.com/news/articles/2022-01-27/apple-to-let-iphones-accept-credit-cards-without-extra-hardware Apple Makes New Moves to Turn iPhones into Payment Terminalshttps://www.pymnts.com/apple/2022/apple-iphones-will-soon-serve-as-payment-terminals-in-jolt-to-square/ 48:59 - Expensify Releases First-Ever Corporate Card for CPAs and Accounting Firmshttps://www.businesswire.com/news/home/20220124005167/en/Expensify-Releases-First-Ever-Corporate-Card-for-CPAs-and-Accounting-Firms 55:29 - Walmart’s FinTech Hazel Acquires Even and One to Build Finance Super Apphttps://www.pymnts.com/acquisitions/2022/walmarts-fintech-hazel-acquires-even-and-one-to-build-finance-super-app Walmart-Backed Fintech Startup Is Acquiring Two Firms and a New Namehttps://www.wsj.com/articles/walmart-backed-fintech-startup-is-acquiring-two-firms-and-a-new-name-11643199601 55:54 - QuickBooks Launches 2 New SMB Toolshttps://www.pymnts.com/smbs/2022/quickbooks-launches-2-new-smb-tools/ 57:09 - Play Wordle in Google Sheets | Zapier     https://zapier.com/blog/wordle-in-google-sheets/Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accountin...