Cloud Accounting Podcast

David Leary & Blake Oliver, CPA

The Cloud Accounting Podcast is the #1 accounting and bookkeeping podcast in the world! Join Blake Oliver and David Leary at the intersection of accounting and technology for a weekly news roundup, plus interviews with industry leaders.

All Episodes

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindCenterCard:  https://cloudaccountingpodcast.promo/centerClient Hub: https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes3:57 – SPACs Headed for New Wave of Restatements for Accounting Errorshttps://news.bloombergtax.com/financial-accounting/spacs-headed-for-new-wave-of-restatements-for-accounting-errors 5:57 – Senators Question Commissioner About Company Offering Fee-Based Access to IRS Phone Lineshttps://procedurallytaxing.com/senators-question-company-offering-fee-based-access-to-irs-phone-lines/ 11:55 – Opinion | IRS reform will generate a lot more revenue than the CBO thinks - The Washington Posthttps://www.washingtonpost.com/opinions/2021/11/17/cbo-build-back-better-irs-revenue-too-low/ 14:17 – AICPA, NASBA publish revised CPA Evolution Model Curriculum - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/nov/aicpa-nasba-revised-cpa-evolution-model-curriculum.html                                17:20 – A closer look at the Model 20:55 – Practical v. Theoretical – which is better for accounting education? 22:14 – In the weeds – what’s missing from the revised CPA Evolution Model Curriculum? 26:21 – Can I get this in Excel? Faculty want the CPA Evolution Model Curriculum in Excel.  32:54 – The Sage Group plc (SGGEF) CEO Steve Hare on Q4 2021 Results - Earnings Call Transcripthttps://seekingalpha.com/article/4470238-sage-group-plc-sggef-ceo-steve-hare-on-q4-2021-results-earnings-call-transcript Sage posts 10% drop in operating profit after investing in cloudhttps://finance.yahoo.com/news/sage-posts-10-drop-operating-072946722.html Accelerating growth driven by continued strategic progress (PDF)https://www.sage.com/investors/investor-downloads/press-releases/2021/11/full-year-2021-results-17-november-2021/ 35:14 – Intuit inc (INTU) Q1 2022 Earnings Call Transcripthttps://www.fool.com/earnings/call-transcripts/2021/11/18/intuit-inc-intu-q1-2022-earnings-call-transcript/ 38:16 – Chimp Change – how QuickBooks Advanced is heading deeper into the midmark with MailChimpIntuit: Monetizing Its Vast Data Treasure Trove by Creating Better Outcomes For Customershttps://seekingalpha.com/article/4470721-intuit-intu-stock-monetizing-vast-data-better-outcomes-for-customers                 40:24 – What’s new in QuickBooks Online: November 2021 – QuickBookshttps://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-november-2021/ 44:53 – Practice Ignition raises $50M | Accounting Todayhttps://www.accountingtoday.com/news/practice-ignition-raises-50m Practice Ignition lands $50M to scale globallyhttps://techcrunch.com/2021/11/17/practice-ignition-lands-50m-to-scale-globally/ 46:29 – Formstack raises $425M for a no-code platform that helps businesses automate their customer and internal workflowshttps://techcrunch.com/2021/11/18/formstack-raises-425m-for-a-no-code-platform-that-helps-businesses-automate-their-customer-and-internal-workflows/ 47:22 – Paychex Adds Support for Vaccination Status Tracking to its COVID-19 Technology Solutionshttps://www.wibw.com/prnewswire/2021/10/19/paychex-adds-support-vaccination-status-tracking-its-covid-19-technology-solutions/ 47:52 – Pixie, the operating system for small accounting firms, pockets £2.25M to grow furtherhttps://www.uktech.news/news/pixie-uk-startup-funding-20211118 48:36 – Accounting tech start-up to double headcount following funding boosthttps://www.siliconrepublic.com/jobs-news/accounting-tech-start-up-double-headcount-funding-boost 49:24 – Scammers Clone Exec's Voice, Steal $35M From Bankhttps://www.newser.com/story/312228/scammers-clone-execs-voice-steal-35m-from-bank.html 52:40 – Listener Voicemail. Thank you!  54:44 – We’ve Got a Review! Thank you! 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 above to get more info!Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 26

1 hr 2 min

Meet Our GuestAaron Harris, Global CTO, Sagehttps://www.linkedin.com/in/aaron-harris-7407b2/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want 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!Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Nov 22

24 min 48 sec

SponsorsFyle: https://cloudaccountingpodcast.promo/fyleRewind: https://cloudaccountingpodcast.promo/rewindReach Reporting: https://cloudaccountingpodcast.promo/reachNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes2:43 – Our takeaways  from Sage Transform, and news on upcoming CAP bonus interviews from the conference!  5:32 – Intacct and ADP Partner to Streamline Back-office Processes for Midsized Companieshttps://www.sageintacct.com/press/intacct-and-adp-partner-streamline-back-office-processes-midsized-companies 8:02 – A little compare and contrast of NetSuite, and Sage Intacct 10:28 – Some thoughts on Sage’s global expansion, and their data mesh 12:17 – A few pros and cons on Sage, and Sage Transform — what’s wrong, what’s missing 18:38 – Sage highlights automation, mobile features | Accounting Todayhttps://www.accountingtoday.com/news/sage-highlights-automation-mobile-features 19:47 – We’ve got voicemail! Thanks, for the great feedback, Greg! 21:33 – We’re clarifying our point of view on crypto – its usefulness as a tool, and as an investment, and where the blockchain will take accounting in the future.  30:13 – Expensify Shares Pop 52% in Market Debut – CFOhttps://www.cfo.com/the-cloud/2021/11/expensify-shares-pop-52-in-market-debut/ 32:04 – Expensify’s $263 million IPO breaks Oregon tech’s 17-year droughthttps://www.oregonlive.com/silicon-forest/2021/11/expensifys-263-million-ipo-breaks-oregons-17-year-losing-streak.html 34:58 – Expensify IPO Could Make Nearly All 140 Employees Paper Millionaires, but There is a Catch, Insiders Sayhttps://www.businessinsider.com/expensify-ipo-employees-become-paper-millionaires-stock-grant-2021-11 We become a public company today [11/10/21]https://community.expensify.com/discussion/8596/we-become-a-public-company-today-11-10-21 39:50 – Xero Acquires Inventory Management Company LOCATE Inventoryhttps://www.cpapracticeadvisor.com/accounting-audit/news/21246049/xero-acquires-inventory-management-company-locate-inventory 41:11 – Xero’s half year 2022 financial results | Xero Bloghttps://www.xero.com/blog/2021/11/half-year-2022-financial-results/ How we’re enhancing inventory management in Xero | Xero Bloghttps://www.xero.com/blog/2021/11/enhancing-inventory-management/ 43: 51 – Sage adds Zapier to marketplace | Accounting Todayhttps://www.accountingtoday.com/news/sage-adds-zapier-to-marketplace 44:39 – Toast, Inc. (TOST) Q3 2021 Earnings Call Transcripthttps://www.fool.com/earnings/call-transcripts/2021/11/10/toast-inc-tost-q3-2021-earnings-call-transcript/ 45:37 – Bill.com Introduces New Product Features at Sage Transform, Continuing Innovation that Makes it Simple for Small and Midsize Companies and Accountants to Do Businesshttps://www.bill.com/about-us/press-release/billcom-introduces-new-product-features-sage-transforms 46:27 – Melio releases three new features 46:45 – Relay Financial releases a new set of features 47:56 – MyCase Announces Product Enhancements, Acquisitions to Enable Law Firm Successhttps://www.prnewswire.com/news-releases/mycase-announces-product-enhancements-acquisitions-to-enable-law-firm-success-301419371.html 48:38 – LegalZoom Acquires Leading Virtual Mailbox Provider, Earth Class Mailhttps://www.globenewswire.com/news-release/2021/11/10/2331550/0/en/LegalZoom-Acquires-Leading-Virtual-Mailbox-Provider-Earth-Class-Mail.html 50:44 – Payroll Software Startup Wrapbook Gets Unicorn Status After Latest Funding Round – Bloomberghttps://www.bloomberg.com/news/articles/2021-11-10/tiger-global-bets-on-wrapbook-vaulting-it-to-unicorn-status 51:58 – Zenwork raises $163M | Accounting Todayhttps://www.accountingtoday.com/news/zenwork-raises-163m 52:49 – Knowify secures $5.45M in Series A financing led by MassMutual Ventures and Companyon Ventureshttps://www.prnewswire.com/news-releases/knowify-secures-5-45m-in-series-a-financing-led-by-massmutual-ventures-and-companyon-ventures-301422267.htmlGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 19

56 min 19 sec

Meet Our GuestAnurag Pal, CEO @ Escalonhttps://www.linkedin.com/in/anurag-ap-pal/Learn More About Escalonhttps://escalon.services/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.

Nov 18

17 min 50 sec

Meet Our GuestsJoav Bally: https://www.linkedin.com/in/joavbally/Marc Holliday: https://www.linkedin.com/in/marc-holliday-42634558/ Learn More About NetSuite Data Warehousehttps://www.netsuite.com/portal/products/analytics/data-warehouse.shtmlNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesComing soon! 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 18

13 min 18 sec

Our GuestDave Damond, Sr VP/CFO at March of Dimeshttps://www.linkedin.com/in/dave-damond-73853bb/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 15

23 min 10 sec

SponsorsPractice Ignition: https://cloudaccountingpodcast.promo/piCenterCard:  https://cloudaccountingpodcast.promo/centerClient Hub: https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:06 – David reports back from the delightful 2021 QuickBooks Connect virtual conference 2:48 – What did Kristen Bell’s closing remark, “Remain Human” mean?    3:38 – We’re heading to Sage Transform 2021 4:32 – Blake has received the NASBA seal of approval for Earmark CPE!https://earmarkcpe.com/ 7:43 – Building a Best-in-Class A/P Tech Stack Without Breaking the Bankhttps://www.cpaacademy.org/webinars/a0D2S00000raCSPUA2 9:41 – Intuit to Discontinue QuickBooks Desktop in the UKhttps://www.accountingweb.com/technology/accounting-software-news/intuit-to-discontinue-quickbooks-desktop-in-the-uk UK QuickBooks Desktop will cease to be supported outside the UK & Irelandhttps://quickbooks.intuit.com/learn-support/en-uk/discontinued-offering/uk-quickbooks-desktop-is-no-longer-supported-outside-the-uk/00/654996 11:38 – Conversation with John Stokdyk from AccountingWEB on the QuickBooks news! 19:25 – Zillow’s Algorithm-Fueled Buying Spree Doomed Its Home-Flipping Experimenthttps://www.bloomberg.com/news/articles/2021-11-08/zillow-z-home-flipping-experiment-doomed-by-tech-algorithms 26:15 – Staffing Shortage Cripples Growth at 40% of Firmshttps://cpatrendlines.com/2021/10/27/staffing-shortage-goes-global/ 29:43 – Two in five accountants ‘too drained’ to workhttps://www.accountancydaily.co/two-five-accountants-too-drained-work 32:08 – Stop Derailing CAShttps://cpatrendlines.com/2021/10/31/stop-derailing-cas/ 34:29 – Trying to decide where to live now that your job is permanently remote? Maybe $2,000 worth of free coffee will help make up your mind.https://www.wsj.com/articles/remote-workers-can-live-anywhere-these-cities-and-small-towns-are-luring-them-with-perks-11633783904 38:26 – Remote-working jobs: Disaster looms as managers refuse to listenhttps://www.zdnet.com/article/remote-working-jobs-disaster-looms-as-managers-refuse-to-listen/ 39:37 – High Rock Accounting expands in Minnesotahttps://www.accountingtoday.com/news/high-rock-accounting-to-expand-in-minnesota 42:42 – Bank increases lending limit to CPA firms seeking mergershttps://www.accountingtoday.com/news/bank-increases-lending-limit-to-cpa-firms-seeking-mergers 43:25 – Botkeeper Raises $42M in Series C Funding from Paychex Founderhttps://www.prnewswire.com/news-releases/botkeeper-raises-42m-in-series-c-funding-from-paychex-founder-301416557.html 44:51 – Patriot Software Secures Series-A Funding Roundhttps://www.cpapracticeadvisor.com/payroll/news/21244354/patriot-software-secures-seriesa-funding-round 45:53 – Microsoft brings JavaScript to Excelhttps://techcrunch.com/2021/11/02/microsoft-brings-javascript-to-excel/ 48:18 – Microsoft Office—Transforming for the hybrid worldhttps://www.microsoft.com/en-us/microsoft-365/blog/2021/11/02/microsoft-office-transforming-for-the-hybrid-world/ 53:25 – A2X Is Growing, In More Ways Than One.https://www.a2xaccounting.com/blog/leadership-team-announncement/ 51:25 – Stay in the flow of work with new collaborative apps for Microsoft Teamshttps://www.microsoft.com/en-us/microsoft-365/blog/2021/11/02/stay-in-the-flow-of-work-with-new-collaborative-apps-for-microsoft-teams/ 55:01 – A new look for bank reconciliation in Xerohttps://www.xero.com/blog/2021/11/new-look-bank-reconciliation/ 58:23 – Square – Q3 2021 Shareholder Letterhttps://s27.q4cdn.com/311240100/files/doc_financials/2021/q3/SQ-3Q-2021-Shareholder-Letter.pdf 60:00 – Intuit announces revenue sharing program, new bookkeeping features at QB Connecthttps://www.accountingtoday.com/news/intuit-announces-revenue-sharing-program-new-bookkeeping-features-at-qb-connect 64:38 – AICPA opens .cpa web domain in Canadahttps://www.accountingtoday.com/news/aicpa-opens-cpa-web-domain-in-canadaGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 12

1 hr 8 min

GuestJohn Cappadona, Chief Financial Officer @ School of Rockhttps://www.linkedin.com/in/johncappadona/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 5

21 min 57 sec

SponsorsCenterCard:  https://cloudaccountingpodcast.promo/centerBaCo Tech: https://cloudaccountingpodcast.promo/bacoReach Reporting: https://cloudaccountingpodcast.promo/reachNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:25 – We’re back from Scaling New Heights! Teslas, double-decker booths, and vaccination tales, oh my!  8:25 – Wanna win a Tesla? Go here: https://use.expensify.com/teslagiveaway ExpensifyApproved! Accountants Can Win a Free Tesla from Expensify!https://www.businesswire.com/news/home/20211025005776/en/ExpensifyApproved%21-Accountants-Can-Win-a-Free-Tesla-from-Expensify 10:15 – Scaling New Heights 2022: Thrive https://www.woodard.com/2022-scaling-new-heights-registration 11:13 – Parker Conrad’s Rippling is now valued at $6.5 billion — more than Zenefits at its peakhttps://techcrunch.com/2021/10/21/parker-conrads-rippling-is-now-valued-at-6-5-billion-more-than-zenefits-at-its-peak/ 16:25 – Woodard Announces Partnership with Wolters Kluwerhttps://report.woodard.com/articles/woodard-announces-partnership-with-wolters-kluwer-fpwr 18:20 – Gusto acquires Remote Teamhttps://www.accountingtoday.com/news/gusto-acquires-remote-team 19:40 – FBI Raids Chinese Point-of-Sale Giant PAX Technologyhttps://krebsonsecurity.com/2021/10/fbi-raids-chinese-point-of-sale-giant-pax-technology/ 22:46 – What’s new in QuickBooks Online: October 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-october-2021/ 25:55 – Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companieshttps://techcrunch.com/2021/10/22/audit-sight-takes-on-new-capital-to-eliminate-all-of-the-back-and-forth-between-auditors-companies/ 27:54 – Xero serves US CrossFit community as preferred accounting platformhttps://www.xero.com/blog/2021/10/us-crossfit-community-preferred-accounting-platform/ 29:57 – Accountants’ favorite apps: 2021 editionhttps://www.accountingtoday.com/list/accountants-favorite-apps-2021-edition 36:10 – Blake is Relay's new Accounting Community Advocate    https://www.accountingtoday.com/list/on-the-move-sax-presents-annual-founders-award 38:59 – SURVEY: Office 365 Dominates Accounting Officeshttps://cpatrendlines.com/2021/10/14/survey-office-365-dominates-accounting-offices/ 43:50 – ProPublica is hiring an accountanthttps://www.linkedin.com/jobs/view/finance-associate-at-propublica-2781745917 46:31 – CEO Video Series: Putting Destination CPA Back on Accounting Students’ Radar https://vimeo.com/638007048 51:31 – A CPA Pipeline Report: Decoding the Declinehttps://www.icpas.org/information/professional-issues/decoding-the-decline 53:14 – Apple’s Most Back-Ordered New Product Is Not What You Expecthttps://www.nytimes.com/2021/10/29/technology/apple-polishing-cloth.html 57:03 — Listener Mail – Thanks, Ryan Pearcy! Check out his podcast, Digi-Tools in Accrual World! https://digitoolsinaccrual.world/ 58:49 – Man spent $57,789 in coronavirus relief aid on a Pokémon card, feds sayhttps://www.npr.org/2021/10/25/1049011060/coronavirus-relief-aid-pokemon-cardGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 3

1 hr 3 min

Our GuestEvan Goldberg: https://www.linkedin.com/in/evan-netsuite/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 29

29 min 34 sec

SponsorsRippling: https://cloudaccountingpodcast.promo/ripplingBaCo Tech: https://cloudaccountingpodcast.promo/baco Client Hub: https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:25 – The Scoop on  SuiteWorld 2021https://www.netsuitesuiteworld.com/ 3:17 – Sneak Peek at our talk with Evan Goldberg, founder of NetSuite. You can hear the whole interview here: https://www.cloudaccountingpodcast.com/bonus250 15:00 – NetSuite Announces SuiteBanking, the First Cloud ERP to Integrate Fintech into a Unified Suitehttps://www.netsuite.com/portal/company/newsroom/netsuite-announces-suitebanking,-the-first-cloud-erp-to-integrate-fintech-into-a-unified-suite.shtml 24:00 – We’re talking about Kevin O’Leary’s SuiteWorld keynote, and the three things CAP listeners need to hear — elevator pitch, proven track record, and know your numbers 27:53 – New rules taxing businesses using PayPal, Venmo in 2022https://www.pahomepage.com/top-stories/new-rules-taxing-businesses-using-paypal-venmo-in-2022/ 31:41 – Blake thinks it’s best to take a ‘wait and see’ approach in this so-called proposal, until it’s a real proposal 32:11 – Plaid Builds Partner Ecosystem to Simplify A2A Paymentshttps://www.pymnts.com/pymnts-post/news/partnerships-acquisitions/2021/plaid-builds-partner-ecosystem-simplify-a2a-payments/?c=mobile-wallets/page 33:58 – Clients prefer tech-savvy accountantshttps://www.accountingtoday.com/news/clients-prefer-tech-savvy-accountants 37:24 – Xero wants to help your employees run all their own processeshttps://www.techradar.com/news/xero-wants-to-help-your-employees-run-all-their-own-processes Xero Me – Non-U.S. apphttps://central.xero.com/s/article/Xero-Me-for-mobile 38:40 – The Guidance Gap: New Research Reveals Businesses Need Advice on People Operationshttps://gusto.com/company-news/the-guidance-gap-new-research-reveals-businesses-need-advice-on-people-operations 41:05 – Practice Ignition and Gusto Partner to Launch First-Ever Integration to Accelerate Adoption and Knowledge of People Advisoryhttps://www.practiceignition.com/news/practice-ignition-and-gusto-partner-to-launch-first-ever-integration-to-accelerate-people-advisory 41:43 – Blake talks an invitation for early access to Gusto’s mobile device management offering 42:55 – Expensify Launches Free Plan for Small Businesseshttps://www.businesswire.com/news/home/20211018005215/en/Expensify-Launches-Free-Plan-for-Small-Businesses 45:47 – Inside Expensify’s IPO filinghttps://techcrunch.com/2021/10/18/inside-expensifys-ipo-filing/ 46:37 – Fiserv to acquire BentoBoxhttps://www.finextra.com/pressarticle/89810/fiserv-to-acquire-bentobox 47:01 – Sovos to Acquire Istanbul-Based e-Transformation Compliance Company Digital Planethttps://www.prweb.com/releases/sovos_to_acquire_istanbul_based_e_transformation_compliance_company_digital_planet/prweb18274410.htm 47:29 – Avalara Acquires CrowdReason to Help Businesses Manage Property Tax Compliancehttps://www.cpapracticeadvisor.com/sales-tax-compliance/news/21242816/avalara-acquires-crowdreason-to-help-businesses-manage-property-tax-compliance 49:55 – Businesses spend heavily on sales tax compliancehttps://www.accountingtoday.com/news/businesses-spend-heavily-on-sales-tax-compliance 50:55 – Survey: Nobody Loves the Wayfair Decisionhttps://cpatrendlines.com/2021/10/18/nobody-loves-the-wayfair-decision/ 51:51 –Stripe will acquire Recko to help internet businesses automate payments reconciliationhttps://stripe.com/newsroom/news/recko 53:59 – Coinbase stock rises after Facebook taps it for help on new cryptocurrency projecthttps://www.cnbc.com/2021/10/19/facebook-taps-coinbase-for-digital-wallet-novi.html 54:19 – Intuit Introduces Money by QuickBooks, Mobile Banking Designed for Small Businesseshttps://investors.intuit.com/news/news-details/2021/Intuit-Introduces-Money-by-QuickBooks-Mobile-Banking-Designed-for-Small-Businesses/default.aspx 57:12 – PayPal is in late-stage talks to acquire Pinteresthttps://www.cnbc.com/2021/10/20/pinterest-shares-soar-following-report-paypal-may-buy-it.html 59:27 – IRS begins using videoconferencing to meet with big businesseshttps://www.accountingtoday.com/news/irs-begins-using-videoconferencing-to-meet-with-big-businesses 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 29

1 hr 3 min

SponsorsRippling: https://cloudaccountingpodcast.promo/ripplingClient Hub: https://cloudaccountingpodcast.promo/clienthubBaCo Tech: https://cloudaccountingpodcast.promo/bacoNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:17 – David updates us on his Cancun adventure and, of course, he ties it into subscription services!  6:00 – Fixed fee debate is over. The new frontier is the all-inclusive subscription package, or as Ron Baker calls it, “Pricing the relationship.”  10:39 – Taliesin West is Frank Lloyd Wright’s desert laboratory in Arizonahttps://franklloydwright.org/taliesin-west/ 15:33 – How do accounting firms learn from the Taliesin model?  18:50 – SuiteWorld, October 18 – 21, 2021https://www.netsuitesuiteworld.com/ 20:33 – Suspected Ransomware Payments Nearly Doubled This Year, Treasury Sayshttps://www.wsj.com/articles/suspected-ransomware-payments-for-first-half-of-2021-total-590-million-11634308503 26:04 – Jamie Dimon Calls Bitcoin 'Worthless'https://www.cnbc.com/2021/10/11/jpmorgan-chase-ceo-jamie-dimon-says-bitcoin-is-worthless.html 28:17 – Crypto could cause 2008-level meltdown, Bank of England official warnshttps://www.cnbc.com/2021/10/14/crypto-could-cause-2008-level-meltdown-bank-of-england-official-warns.html 30:40 – USPS Debuts Paycheck-Cashing Serviceshttps://www.pymnts.com/financial-inclusion-3/2021/usps-debuts-paycheck-cashing-services/ 34:31 – Listener email – Thank you, Sandy Lerner!  34:48 – The UPS Store – Small Business Accounting & Bookkeepinghttps://www.theupsstore.com/small-business-services/accounting-bookkeeping 36:10 – When Private Equity Blows Up the CPA Partnershiphttps://cpatrendlines.com/2021/09/28/how-private-equity-blows-up-the-cpa-partnership/ 36:43 – Competing for Talent in a Private-Equity Worldhttps://cpatrendlines.com/2021/10/17/competing-for-talent-in-a-private-equity-world/ 39:58 – CAS practices see 20% growth ratehttps://www.journalofaccountancy.com/news/2021/oct/cas-practices-20-percent-growth-rate.html 47:30 – This Startup Is Using All-In-One Software To Empower Small Business Owners.https://www.forbes.com/sites/garydrenik/2021/10/12/why-smbs-need-more-tailored-saas-platforms/?sh=44907e7e770f 50:14 – Microsoft to shut down LinkedIn in Chinahttps://www.cnbc.com/2021/10/14/microsoft-to-shut-down-linkedin-in-china.html 51:46 – Should private companies such as enQ be allowed?https://twitter.com/lorilynwilson/status/1447578663688413192?s=12 57:21 – Envestnet | Yodlee partners with Intuit QuickBookshttps://thepaypers.com/online-mobile-banking/envestnet-yodlee-partners-with-intuit-quickbooks--1252177 58:51 – Shopify Launches Global ERP Merchant Programhttps://www.pymnts.com/commerce-connected/2021/shopify-launches-global-erp-merchant-program/ 60:05 – Codat Announces Partnership with Intuit to Speed QuickBooks App Development And Catalyze New Wave of Open Financehttps://www.prnewswire.com/news-releases/codat-announces-partnership-with-intuit-to-speed-quickbooks-app-development-and-catalyze-new-wave-of-open-finance-301399821.htmlGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 22

1 hr 14 min

SponsorsRippling: https://cloudaccountingpodcast.promo/ripplingDark Horse: https://cloudaccountingpodcast.promo/darkhorseClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:27 – David is leaving the building ... On vacation!   1:52 – CAP Voicemail – Thank you, Jonathan Weiss!  Is it too hard to become a CPA? Practitioners speak outhttps://www.accountingtoday.com/news/is-it-too-hard-to-become-a-cpa-practitioners-speak-out 5:50 – CPA firms lay out top issues in 2021 and beyondhttps://www.accountingtoday.com/opinion/cpa-firms-lay-out-top-issues-in-2021-and-beyond 9:42 – Service levels hit new lows at swamped IRShttps://www.accountingtoday.com/news/service-levels-hit-new-lows-at-swamped-irs 11:28 – IRS didn’t spot $20.6M in bogus nonresident tax refundshttps://www.accountingtoday.com/news/irs-didnt-spot-20-6m-in-bogus-nonresident-tax-refunds 12:04 – Florida man filed 745 tax returns in 4 years, collecting $235K in bogus refunds — ‘I found a flaw in your system, and I took advantage of it’https://www.marketwatch.com/story/i-found-a-flaw-in-your-system-and-i-took-advantage-of-it-florida-man-filed-745-tax-returns-in-4-years-collecting-235k-in-bogus-refunds-11633540003 15:58 – Sage buys proposal software vendor GoProposalhttps://www.enterprisetimes.co.uk/2021/10/05/sage-buys-proposal-software-vendor-goproposal/ Sage buys U.K. proposal management software makerhttps://www.accountingtoday.com/news/sage-buys-uk-proposal-management-software-maker 19:32 – Latest product news – October 2021 | Xero Bloghttps://www.xero.com/blog/2021/10/product-news-oct-2021/ 23:05 – FreshBooks Acquires FastBill to Boost Growth in Canadahttps://www.pymnts.com/news/partnerships-acquisitions/2021/freshbooks-acquires-fastbill-to-boost-growth-in-canada/ 24:24 – Google Drive Is Getting Labels for Your Fileshttps://www.howtogeek.com/759458/google-drive-is-getting-labels-for-your-files/ 25:20 – Chargebee acquires RevLockhttps://www.accountingtoday.com/news/chargebee-acquires-revlock 26:17 – Pipe launches trading platform for recurring revenuehttps://www.accountingtoday.com/news/pipe-launches-trading-platform-for-recurring-revenue 30:05 – Hackers exploit MFA flaw to steal from 6,000 Coinbase customershttps://cointelegraph.com/news/hackers-exploit-mfa-flaw-to-steal-from-6-000-coinbase-customers-report 32:59 – Sage Intacct 2021 Release 3: What’s New?https://www.accttwo.com/blog/sage-intacct-2021-release-3-whats-new 39:03 – Elizabeth Warren Shocked to Learn Big Public Accounting Firms Do Shady Sh*thttps://www.goingconcern.com/elizabeth-warren-shocked-to-learn-big-public-accounting-firms-do-shady-sht/ 40:58 – The tax agency would like to look at your financial transactions above $600. What could go wrong?https://www.wsj.com/articles/internal-revenue-service-irs-rettig-yellen-brady-bank-account-tax-proposal-revenue-privacy-data-breach-11633287461 41:55 – Democrats eye narrowing Biden plan on bank reporting to IRShttps://www.accountingtoday.com/articles/democrats-eye-narrowing-biden-plan-on-bank-reporting-to-irs Banks enlist customers to kill Biden’s account data reporting planhttps://www.accountingtoday.com/articles/banks-enlist-customers-to-kill-bidens-account-data-reporting-plan 45:06 – Adios, David – Enjoy Cancun!  46:23 – Who Is John Zabel? Britney Spears' New Conservator Takes Over From Jamie Spearshttps://www.yourtango.com/news/who-is-john-zabel-britney-spears-new-conservator Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 12

51 min 19 sec

Listen to the full interview with IMA president Jeff Thomson on the Earmark Accounting Podcast: https://podcast.earmarkcpe.comWant to learn how you can get CPE for listening to podcasts? Subscribe to get early access to the Earmark CPE mobile app when it launches this fall: https://earmarkcpe.comSubscribe to Earmark Apple Podcasts Google Podcasts  Spotify Amazon Music Overcast Pocket Casts 

Oct 11

10 min 30 sec

SponsorsRippling: https://cloudaccountingpodcast.promo/ripplingDEXT: https://cloudaccountingpodcast.promo/dextDark Horse: https://cloudaccountingpodcast.promo/darkhorseShow Notes 5:29 – Blake talks about his visit to the Institute of Management Accountants in Texas, his interview with IMA President Jeff Thomson, and gives more detail on the upcoming Earmark CPA! 8:25 – State auditor steps down after failing accounting examshttps://www.newscentermaine.com/article/news/politics/state-auditor-steps-down-after-failing-accounting-exams/97-3073da7f-0106-4811-9f20-9db9fef24efd 13:04 – Ski Areas Are Struggling To Find Employees For The Upcoming Seasonhttps://www.npr.org/2021/09/29/1041411706/ski-areas-are-struggling-to-find-employees-for-the-upcoming-season 14:07 – Exclusive-PwC tells U.S. employees they need never return to the officehttps://finance.yahoo.com/news/exclusive-pwc-tells-u-employees-211505972.html 18:42 – Work-life balance improves audits, but not job satisfactionhttps://www.accountingtoday.com/news/work-life-balance-improves-audits-but-not-job-satisfaction 21:57 – In-person Zoom is the new norm for many workers returning to the officehttps://www.washingtonpost.com/technology/2021/09/27/return-to-work-in-person-hybrid/ 23:50 – The real stakes of Apple’s battle over remote workhttps://www.vox.com/recode/22690190/apple-remote-work-from-home-employee-cher-scarlett-janneke-parrish 24:57 – Remote work is making productivity and innovation harder, says Microsoft studyhttps://www.zdnet.com/article/remote-work-is-making-productivity-and-innovation-harder-says-microsoft-study/ 25:53 – Accounting Today calls for nominations for 2021 Top 100 Peoplehttps://www.accountingtoday.com/news/accounting-today-calls-for-nominations-for-2021-top-100-people 27:30 – Intuit Investor Day 2021https://investors.intuit.com/events-and-presentations/event-details/2021/Intuits-Investor-Day-2021/ 27:52 – Our strategy is to be an “AI-driven expert platform”https://www.intuit.com/strategy/ 28:46 – QuickBooks Online Advanced adding Excel integrationhttps://quickbooks.intuit.com/blog/whats-new/quickbooks-online-advanced-adding-excel-integration/ 33:47 – Listener mail – QuickBooks v. Quicken? Thanks, Stephen Smith!  39:20 – Avalara Acquires Track1099 to Help Businesses Manage IRS Form Filing Requirementshttps://www.avalara.com/us/en/about/press/category/2021/10/avalara-acquires-track1099-to-help-businesses-manage-irs-form-filing-requirements.html 42:49 – Xero System Status – Current and Past Incidentshttps://status.xero.com/ 45:50 – What’s new in QuickBooks Online: September 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-september-2021/ 51:01 – A Message from Sage CEO Steve Hare to Sage colleagueshttps://www.sage.com/en-gb/news/press-releases/2021/09/a-message-from-sage-ceo-steve-hare-to-sage-colleagues/ 52:05 – (LSPD) Alert: Did You Lose Money on Your Lightspeed Commerce Investment? Contact Johnson Fistel Regarding Investigationhttps://www.globenewswire.com/news-release/2021/09/29/2305700/0/en/LSPD-Alert-Did-You-Lose-Money-on-Your-Lightspeed-Commerce-Investment-Contact-Johnson-Fistel-Regarding-Investigation.html 52:24 – Lightspeed (TSX:LSPD) Stock: Is an Accounting Scandal Brewing?https://ca.finance.yahoo.com/news/lightspeed-tsx-lspd-stock-accounting-145454977.htmlNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 8

56 min 50 sec

SponsorsTaxDome: https://cloudaccountingpodcast.promo/taxdomeApprovalMax: https://cloudaccountingpodcast.promo/approvalmaxGusto: https://cloudaccountingpodcast.promo/gustonextShow Notes0:24 –Accountancy Problems – Studying Accounting at 3:00 a.m.https://twitter.com/AcctncyProblems/status/1441319313294561283 2:24 – AOC's 'Tax the Rich' dress could've used a different sloganhttps://www.accountingtoday.com/articles/aocs-tax-the-rich-dress-couldve-used-a-different-slogan 4:00 – As More Workers Go Solo, the Software Stack Is the New Firmhttps://future.a16z.com/solo-workers-software-stack/ 7:56 – Have you used the IRS Tax Pro Account Feature? Details from the AICPA’s Weekly Weigh-In survey question.  10:14 – How Accounting Giants Craft Favorable Tax Rules from Inside Governmenthttps://www.nytimes.com/2021/09/19/business/accounting-firms-tax-loopholes-government.html?referringSource=articleShare 14:00 – How Top Accounting Firms Help Their Clients Sidestep Taxeshttps://www.nytimes.com/2021/09/19/business/accounting-firms-tax-loopholes-government.html 15:10 – News Analysis: Getting Over Government's Revolving Doorhttp://www.taxhistory.org/thp/readings.nsf/ArtWeb/FA6ABE3DDF54E7EC852579C20073FD39?OpenDocument 16:12 – House tax bill would likely force Peter Thiel to pull $5 billion from his IRAhttps://www.cnbc.com/2021/09/17/house-tax-bill-would-likely-force-peter-thiel-to-pull-5-billion-from-his-ira.html 17:07 – California Governor Signs Bill Targeting Amazon Warehouse Quotashttps://www.wsj.com/articles/california-governor-signs-bill-targeting-amazon-warehouse-quotas-11632367503?mod=tech_lead_pos4 21:30 – KPMG urges boards to focus on climate riskshttps://www.accountingtoday.com/news/kpmg-urges-boards-to-focus-on-climate-risks 22:40 – Heroic Accountinghttps://ssir.org/articles/entry/heroic_accounting 25:54 – Listener Mail on the 150-hour education requirement – Thanks, Mike!  27:34 – Accountants reply: Is it too hard to become a CPA?https://www.accountingtoday.com/list/practitioners-speak-out-is-it-too-hard-to-become-a-cpa 29:36 – Listener Mail on CPA – Thanks T.C. Whittaker!  32:34 – NY Law Firm Slams Intuit Over QuickBooks Transaction Feeshttps://www.law360.com/articles/1424069/ny-law-firm-slams-intuit-over-quickbooks-transaction-fees 34:57 – Intuit launches venture arm to invest in startups with innovation for small businesses, consumershttps://techcrunch.com/2021/09/22/intuit-launches-venture-arm-to-invest-in-startups-with-innovation-for-small-businesses-consumers/ 37:25 – Coinbase adds direct deposit into crypto accountshttps://www.cnbc.com/2021/09/27/coinbase-adds-direct-deposit-into-crypto-accounts-.html 37:48 – China's top regulators ban crypto trading and mining, sending bitcoin tumblinghttps://www.reuters.com/world/china/china-central-bank-vows-crackdown-cryptocurrency-trading-2021-09-24/ 39:01 – SEC’s Gensler Doesn’t See Cryptocurrencies Lasting Longhttps://www.wsj.com/articles/secs-gensler-doesnt-see-cryptocurrencies-lasting-long-11632246355 43:07 – Longest Article Title Ever? Gilded Launches Compass: The Most Advanced QuickBooks Integration for Crypto Institutional adoption of cryptocurrency has intensified the demand for sophisticated crypto accounting functionality. Gilded Compass streamlines financial reporting for cryptocurrency in QuickBooks Online.https://financialpost.com/globe-newswire/gilded-launches-compass-the-most-advanced-quickbooks-integration-for-crypto-institutional-adoption-of-cryptocurrency-has-intensified-the-demand-for-sophisticated-crypto-accounting-functionality-gild 44:03 – Meet Compass: The Most Advanced QuickBooks Integration for Cryptohttps://blog.gilded.finance/gilded-compass-quickbooks/ 44:45 – Does your business use Gilded? Let us know!  45:22 – Expensify is Carbon Neutral in 2021https://www.businesswire.com/news/home/20210922005893/en/Expensify-is-Carbon-Neutral-in-2021 46:24 – SURVEY: Zoom Tops Microsoft Teams for Nowhttps://cpatrendlines.com/2021/09/19/survey-zoom-tops-microsoft-teams-for-now/ 47:50 – REPAY, Veem Collaborate on B2B Paymentshttps://www.pymnts.com/news/b2b-payments/2021/repay-veem-collaborate-on-b2b-payments/ 47:57 – American Express and Extend Partner to Enable Virtual Cards for U.S. Small and Mid-Sized Businesseshttps://www.businesswire.com/news/home/20210922005684/en/American-Express-and-Extend-Partner-to-Enable-Virtual-Cards-for-U.S.-Small-and-Mid-Sized-Businesses 48:14 – Melio Offers Small Businesses an Enhanced, More Secure Payment Management Experiencehttps://www.prnewswire.com/news-releases/melio-offers-small-businesses-an-enhanced-more-secure-payment-management-experience-301382699.html 48:52 – QuickBooks Desktop Will Be Subscription Onlyhttps://qbblog.ccrsoftware.info/2021/09/quickbooks-desktop-subscription/ 50:05 – The Soul of Enterprise: Episode #358: Subscription Economy Updatehttps://www.thesoulofenterprise.com/tsoe/subscription-economy-updates 52:43 – Patriot Partners With Client Hub to Streamline Payroll Workflowhttps://www.cpapracticeadvisor.com/payroll/news/21239187/patriot-partners-with-client-hub-to-streamline-payroll-workflow 54:02 – Stripe Launches Revenue Recognition Tool to Automate Financial Reportinghttps://www.pymnts.com/news/payments-innovation/2021/stripe-launches-revenue-recognition-tool-to-automate-financial-reporting/ 57:34 – Walmart does away with layaway, which didn't carry any fees, and announces buy now, pay later program that may charge customers interesthttps://www.businessinsider.com/walmart-layaway-canceled-affirm-finance-buy-now-pay-later-2021-9 58:03 – The surge in ‘buy now pay later’ – and why we should be worriedhttps://www.theguardian.com/business/2021/sep/18/the-surge-in-buy-now-pay-later-and-why-we-should-be-worried59:00 – The Journal: Why 'Buy Now, Pay Later' Is Popping Up Everywherehttps://www.wsj.com/podcasts/the-journal/why-buy-now-pay-later-is-popping-up-everywhere/baa2dae5-5bde-4f63-99bc-2760e70de1ffGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Sep 30

1 hr 4 min

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindApprovalMax: https://cloudaccountingpodcast.promo/approvalmaxClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:18 – Intuit Secures Clippers Arena Naming Rights for $500Mhttps://frontofficesports.com/intuit-secures-clippers-arena-naming-rights-for-500m/ 9:15 – Mailchimp employees are furious after the company's founders promised to never sell, withheld equity, and then sold it for $12 billionhttps://www.businessinsider.com/mailchimp-insiders-react-to-employees-getting-no-equity-2021-9 13:50 – Private equity firms take stakes in accounting firmshttps://www.accountingtoday.com/news/private-equity-firms-take-stakes-in-accounting-firms 19:46 – KPMG Australia fined $450K over training test cheatinghttps://www.complianceweek.com/regulatory-enforcement/kpmg-australia-fined-450k-over-training-test-cheating/30795.article 23:32 – Why Does All Work Take So Long?https://cpatrendlines.com/2021/09/13/why-does-all-work-take-so-long/ 27:30 – 'Love & Hip Hop: Atlanta' Star Gets 17 Years In Prison For PPP Loan Fraud Casehttps://www.blackenterprise.com/love-hip-hop-atlanta-star-gets-17-years-in-prison-for-ppp-loan-fraud-case/ More PPP Fraud News: Texas wedding planner sentenced after misusing more than $1.5M in PPP loan money, feds sayhttps://www.click2houston.com/news/local/2021/09/16/texas-wedding-planner-sentenced-after-misusing-more-than-15m-in-ppp-loan-money-feds-say/ 29:01 – The Holmes Trial gets into the Excel Nitty-Grittyhttps://www.theverge.com/2021/9/14/22674657/elizabeth-holmes-theranos-trial-wire-fraud-financial-witness 31:55 – Xerocon New Orleans 2022: Laissez les bon temps rouler; let the good times roll...soon!https://www.xero.com/blog/2021/09/xerocon-new-orleans-2022/ 33:06 – POS ResTech Firm Toast Eyes IPO up to $717Mhttps://www.pymnts.com/news/ipo/2021/pos-restech-firm-toast-eyes-ipo-up-to-717m/ 36:00 – Zoom Invests Additional $30 Million in Neat to Further Innovate the Modern Workspacehttps://blog.zoom.us/zoom-neat-investment-workspace-transformation/ 37:40 – Chewy to Launch Marketplace for Vets in Expansion of Health Offeringshttps://www.pymnts.com/news/retail/2021/chewy-to-launch-marketplace-for-vets-in-expansion-of-health-offerings/  38:35 – SaaS data backup and recovery platform Rewind raises $65Mhttps://venturebeat.com/2021/09/15/saas-data-backup-and-recovery-platform-rewind-raises-65m/ 41:10 – ADP improves RUN payroll system, adds vaccine trackinghttps://www.accountingtoday.com/news/adp-improves-run-payroll-system-adds-vaccine-tracking 42:49 – Barely anyone is using Apple Pay in stores anymorehttps://www.techradar.com/news/barely-anyone-is-using-apple-pay-in-stores-anymore 44:26 – Square Offers Sellers and Consumers a New Checkout Experience with Cash App Payhttps://squareup.com/us/en/press/cash-app-pay 45:29 – B2B Payments Platform Melio Raises $250M at $4B Valuationhttps://www.pymnts.com/news/b2b-payments/2021/b2b-payments-platform-melio-raises-250m-at-4b-valuation/ 46:35 – Listener Mail about mesh network issues  – Thanks, Dan Luthi! 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Sep 21

51 min 23 sec

SponsorsCPA Charge: https://cloudaccountingpodcast.promo/cpachargeDEXT: https://cloudaccountingpodcast.promo/dextRewind: https://cloudaccountingpodcast.promo/rewindShow Notes2:58 – EisnerAmper Gets Private Equity Backinghttps://cpatrendlines.com/2021/09/11/big-deal-private-equity-takes-stake-in-eisneramper-cpas-2/ 9:46 – KPMG's UK arm among first to set targets for working class staffhttps://www.reuters.com/business/sustainable-business/kpmgs-uk-arm-among-first-set-targets-working-class-staff-2021-09-09/ 11:58 – Here’s What We Know Right Now About the New COVID Vax Requirements at KPMG UShttps://www.goingconcern.com/heres-what-we-know-right-now-about-the-new-covid-vax-requirements-at-kpmg-us/ 13:07 – Most U.S. Employers to Require COVID-19 Vaccinationhttps://www.cfo.com/covid-19/2021/09/most-u-s-employers-to-require-covid-vaccination/ 14:48 – If You Never Met Your Co-Workers in Person, Did You Even Work There?https://www.nytimes.com/2021/09/08/business/remote-office-co-workers-working-from-home.html 19:53 – Blake is taking his leave from Jirav. What’s next?  24:50 – JofA 2021 Tax Software Survey Results Are Inhttps://www.drakesoftware.com/blog/tags/2021%20tax%20software%20survey 37:35 – IRS regulation of tax preparers gains steamhttps://www.accountingtoday.com/news/irs-regulation-of-tax-return-preparers-gains-steam 43:45 – Facebook to buy $100 million worth of unpaid invoices from 30,000 small businesses owned by women and minoritieshttps://www.cnbc.com/2021/09/11/facebook-to-buy-100-million-of-invoices-from-diverse-owned-businesses.html 46:00 – Amazon Is Creating A POS System To Compete With Shopify And PayPal—And Other Small Business Tech Newshttps://www.forbes.com/sites/quickerbettertech/2021/09/12/amazon-is-creating-a-pos-system-to-compete-with-shopify-and-paypaland-other-small-business-tech-news/?sh=438fe52f5e28 49:59 – Quicken, one of the ‘first fintechs,’ is being sold againhttps://techcrunch.com/2021/09/09/quicken-one-of-the-first-fintechs-resold-to-another-private-equity-firm/ 55:42 – PayPal to Buy Japan’s Paidy for $2.7 Billionhttps://www.wsj.com/articles/paypal-to-buy-japans-paidy-for-2-7-billion-11631087698 56:30 –Clio snaps up document automation startup in latest acquisitionhttps://www.reuters.com/legal/transactional/clio-snaps-up-document-automation-startup-latest-acquisition-2021-09-08/ 57:51 – Notion acquires India’s Automate.io in push to accelerate product expansionhttps://techcrunch.com/2021/09/08/notion-acquires-indias-automate-io-in-push-to-accelerate-product-expansion/ 61:35 – Expensify Announces New Expensify Card Perk: Up to 2% Cash Back for All Cardholdershttps://www.businesswire.com/news/home/20210908005475/en/Expensify-Announces-New-Expensify-Card-Perk-Up-to-2-Cash-Back-for-All-CardholdersGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Sep 16

1 hr 8 min

SponsorsDEXT: https://cloudaccountingpodcast.promo/dextClient Hub: https://cloudaccountingpodcast.promo/clienthubApprovalMax: https://cloudaccountingpodcast.promo/approvalmaxShow Notes5:59 – Here’s why small-business kingpin Intuit is buying Mailchimp for $12Bhttps://www.fastcompany.com/90675994/intuit-mailchimp-acquisition 6:11 – Intuit in talks to buy Mailchimp for more than $10Bhttps://www.accountingtoday.com/articles/intuit-in-talks-to-buy-mailchimp-for-more-than-10b 13:35 – Xero Tax: Personal tax is now livehttps://www.xero.com/blog/2021/08/personal-tax-live/ 16:10 – Xero iOS app update – You can reconcile spend and receive transactions at the same time when doing find and match – WOOT!  Xero Blog – Latest product news – September 2021https://www.xero.com/blog/2021/09/product-news-sept-2021/ 19:30 – Apple announces first states signed up to adopt driver’s licenses and state IDs in Apple Wallethttps://www.apple.com/newsroom/2021/09/apple-announces-first-states-to-adopt-drivers-licenses-and-state-ids-in-wallet/ 21:10 – Neat introduces NeatBooks and NeatInvoiceshttps://www.accountingtoday.com/news/neat-introduces-neatbooks-and-neatinvoices 27:16 – New & Improved in FreshBooks: Team Cost Rates, Project Profitability, and Morehttps://www.freshbooks.com/blog/product-updates-august-2021 28:03 – Square to launch a new paid subscription, Invoices Plushttps://techcrunch.com/2021/08/30/square-to-launch-a-new-paid-subscription-invoices-plus/ 30:00 – Vic.ai, an AI-powered accounting automation platform, raises $50Mhttps://venturebeat.com/2021/09/01/vic-ai-an-ai-powered-accounting-automation-platform-raises-50m/ 35:08 – Watch Google’s Super-powered AI Turn Pixelated Photos into Hi-reshttps://www.inputmag.com/tech/googles-ai-photo-upscaling-tool-borders-on-science-fiction Google’s New AI Photo Upscaling Tech is Jaw-Droppinghttps://petapixel.com/2021/08/30/googles-new-ai-photo-upscaling-tech-is-jaw-dropping/ 37:25 – Canopy integrates with QuickBooks Onlinehttps://www.accountingtoday.com/news/canopy-integrates-with-quickbooks-online 38:40 – Baker Tilly to acquire accounting tech services companyhttps://www.accountingtoday.com/news/baker-tilly-to-acquire-accounting-tech-services-company-accttwo 40:48 – Another Exodus of NCR Employees and NCR Reportedly Kills Aloha Nextgen POShttps://reformingretail.com/index.php/2021/08/31/another-exodus-of-ncr-employees-and-ncr-reportedly-kills-aloha-nextgen-pos/ 42:24 – IRS adds address change capability to Child Tax Credit portalhttps://www.accountingtoday.com/news/irs-adds-change-of-address-capability-to-child-tax-credit-portal 43:11 – Plaid CTO: Banks, FinTechs Must Turn ‘Transaction Data Mosaic’ Into Cohesive Service Offeringhttps://www.pymnts.com/digital-first-banking/2021/plaid-cto-banks-fintechs-must-turn-transaction-data-mosaic-into-cohesive-service-offering/ 46:20 – Even a Marvel Superhero Knows How Horrible Working at a Big 4 Firm Can Behttps://www.goingconcern.com/even-a-marvel-superhero-knows-how-horrible-working-at-a-big-4-firm-can-be/ 50:07 – The Accountant 2 Is a Done Deal, Ben Affleck & Jon Bernthal Will Both Returnhttps://www.imdb.com/news/ni63411978 52:00 – Feedback from you, our excellent listeners! Thank you! 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Sep 8

56 min 24 sec

Sponsors Fyle: https://cloudaccountingpodcast.promo/fyleCPA Charge: https://cloudaccountingpodcast.promo/cpacharge Dark Horse: https://cloudaccountingpodcast.promo/darkhorseShow Notes6:25 – Is it too hard to become a CPA? https://www.accountingtoday.com/opinion/is-it-too-hard-to-become-a-cpa 8:50 – Accounting profession having trouble with recruitmenthttps://www.accountingtoday.com/news/accounting-profession-having-trouble-with-recruitment 11:00 – Most Companies Struggling to Hire Workershttps://www.cfo.com/hiring/2021/08/most-companies-struggling-to-hire-workers/ 12:20 – Which College Programs Give Students the Best Bang for Their Buck?https://www.thirdway.org/report/which-college-programs-give-students-the-best-bang-for-their-buck 23:27 – “Entry-level” Jobs Require 3+ Years of Experience https://public.tableau.com/app/profile/nikastar/viz/2021W34Entry-leveljobsrequire3yearsofexperience_16297364426090/Dashboard1 29:19 – QuickBooks Live Bookkeeper Infohttps://www.intuit.com/careers/quickbooks-live-experts/ 31:58 – Intuit Bookkeeping Professional Certificatehttps://www.coursera.org/professional-certificates/intuit-bookkeeping 33:40 – How a Video Résumé Can Get You Hired in the Covid-19 Job Markethttps://www.wsj.com/articles/how-a-video-resume-can-get-you-hired-in-the-covid-19-job-market-11629457200 37:22 – Intuit Quarterly Results https://investors.intuit.com/financials/quarterly-results/default.aspx What’s new in QuickBooks Online: August 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-august-2021/ 45:44 – Why we’ve updated the bank reconciliation designhttps://www.xero.com/blog/2021/08/why-weve-updated-the-bank-reconciliation-design/ 50:32 – Incoming Updates! Start Using Focus Mode, Limit Screen Sharing, and Seamlessly Transfer Meetingshttps://blog.zoom.us/focus-mode-limit-screen-sharing-seamless-meeting-transfer/ 52:43 – Pry Financials raises $4.2M to make startup accounting more approachablehttps://techcrunch.com/2021/08/23/pry-financials-raises-4-2m-to-make-startup-accounting-more-approachable/ 53:43 – Ramp raises $300M at a $3.9B valuation, makes its first acquisitionhttps://techcrunch.com/2021/08/24/ramp-raises-300m-at-a-3-9b-valuation-makes-its-first-acquisition/ 54:48 – Balance raises $25M in a Ribbit Capital-led Series A to grow its ‘consumer-like B2B checkout platformhttps://techcrunch.com/2021/08/25/balance-raises-25m-in-a-ribbit-capital-led-series-a-to-grow-its-consumer-like-b2b-checkout-platform/ 55:17 – Zeal Raises $13 Million Series A to Scale API Infrastructure Allowing Companies to Build Custom Payroll Productshttps://www.businesswire.com/news/home/20210827005003/en/Zeal-Raises-13-Million-Series-A-to-Scale-API-Infrastructure-Allowing-Companies-to-Build-Custom-Payroll-Products 55:46 – Brex Launches $150 Million Venture Debt Businesshttps://www.theinformation.com/articles/brex-launches-150-million-venture-debt-business 56:40 – Finexio Raises $8M To Build Out AP Software Suitehttps://www.pymnts.com/accounts-payable/2021/finexio-accounts-payable/ 56:50 – Accounting platform Synder raises $2Mhttps://startupworld.tech/accounting-platform-synder-raises-2m/ 57:26 – Sensibill and FreeAgent Partner to Offer Digital Receipt and Expense Management Solutions to Small Businesseshttps://www.businesswire.com/news/home/20210826005115/en/Sensibill-and-FreeAgent-Partner-to-Offer-Digital-Receipt-and-Expense-Management-Solutions-to-Small-Businesses 58:46 – Pry Versus Quickbookshttps://pry.co/bookkeeping 60:34 – Short and Sweet – we got a review! Thanks, Vanessa! 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Sep 2

1 hr 4 min

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:40 – We’ve hit the big time! We’re 2,034 out of all podcasts in the universe!  2:05 – An Exclusive Guide to America's Top Private Companieshttps://www.inc.com/inc5000 4:00 – TikToker Shares How She Spent Millions of Dollars for Alabama Sorority at 19https://www.insider.com/how-woman-handled-finances-for-alabama-sorority-as-teen-tiktok-2021-8 10:45 – Why this New York designer loves doing her own bookkeepinghttps://businessofhome.com/articles/why-this-new-york-designer-loves-doing-her-own-bookkeeping 14:36 – These People Who Work From Home Have a Secret: They Have Two Jobshttps://www.wsj.com/articles/these-people-who-work-from-home-have-a-secret-they-have-two-jobs-11628866529 16:50 – The Remote Trend Of Working Two Jobs At The Same Time Without Both Companies Knowinghttps://www.forbes.com/sites/jackkelly/2021/08/15/the-remote-trend-of-working-two-jobs-at-the-same-time-without-both-companies-knowing/ 25:44 – PwC delays return to offices amid Delta spreadhttps://www.accountingtoday.com/news/pwc-delays-return-to-offices-amid-delta-spread 27:00 – EY launches Career Path Accelerator Programhttps://www.accountingtoday.com/news/ey-launches-career-path-accelerator-program 33:15 – Better yet, why not get rid of the 150 hour requirement? Twitter thread: https://twitter.com/BlakeTOliver/status/1428364571954192393 CPA Exam Makeover Risks Raising Hurdles for Black Accountantshttps://news.bloombergtax.com/financial-accounting/cpa-exam-makeover-risks-raising-hurdles-for-black-accountants 34:09 – Art of Accounting: Buying a new suithttps://www.accountingtoday.com/opinion/art-of-accounting-buying-a-new-suit 37:40 – PPP Loan Fraud: Fintechs Found to Be Much More Likely to OK Suspicious Loans https://www.bloomberg.com/news/articles/2021-08-17/fintechs-found-to-be-much-more-likely-to-ok-suspicious-ppp-loans 15% of Paycheck Protection Program Loans Could Be Fraudulent, Study Showshttps://www.nytimes.com/2021/08/17/business/ppp-fraud-covid.html 42:48 – Afghanistan: What has the conflict cost the US and its allies? - BBC Newshttps://www.bbc.com/news/world-47391821 45:30 – Accountants must play key role in application of AI | Accountancy Dailyhttps://www.accountancydaily.co/accountants-must-play-key-role-application-ai 49:36 – QuickFee Integrates With Accounting Firm Xerohttps://www.pymnts.com/news/b2b-payments/2021/quickfee-integration-accounting-firm-xero/ 51:53 – Blue J Raises $9M in Series B Funding, Adds Key Personnel, Announces New Tax Diagramming Solution https://www.businesswire.com/news/home/20210810005199/en/Blue-J-Raises-9M-in-Series-B-Funding-Adds-Key-Personnel-Announces-New-Tax-Diagramming-Solution 55:16 – Credit Karma integrates Money software with QuickBooks Online Payroll https://www.accountingtoday.com/news/credit-karma-integrates-money-software-with-quickbooks-online-payroll 59:13 – We’ve got VOICEMAIL! Thank you, Ryan!  62:00 – New Reviews! Thank you, Joe Gamatoria, and Colaangel! 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Ambitious Bookkeeper: http://bkworkshops.online/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Aug 26

1 hr 7 min

SponsorsFyle: https://cloudaccountingpodcast.promo/fyleAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afo Rewind: https://cloudaccountingpodcast.promo/rewindShow Notes01:30 – Blake and David talk smart homes, Zoom, and router recommendations, Mnuchin and movies. 7:55 – Updates of PPP Forgiveness10:02 – Survey: COVID relief, changing laws were last tax season’s headacheshttps://www.accountingtoday.com/news/natp-survey-covid-relief-changing-laws-were-last-tax-seasons-headaches 12:20 – IRS Funding Surge Punted From Bipartisan Infrastructure Packagehttps://www.govexec.com/workforce/2021/07/irs-funding-surge-punted-bipartisan-infrastructure-package/183873/ 13:26 – Cryptocurrency brawl bogs down infrastructure bill, as Yellen and White House fight changeshttps://www.washingtonpost.com/politics/2021/08/06/crypto-bitcoin-infrastructure-senate/ 18:00 – Closing date set for new Shuttered Venue Operator Grant applicationshttps://www.journalofaccountancy.com/news/2021/aug/shuttered-venue-operator-grant-svog-application-closing-date.html 21:04 – Former Dixon comptroller Rita Crundwell released from prison earlyhttps://www.wifr.com/2021/08/05/former-dixon-comptroller-rita-crundwell-released-prison-early/?utm_source=pocket_mylist 22:25 – All the Queen’s Horses Documentary on YouTube – Freehttps://www.youtube.com/watch?v=dpr2A3S3CNk 24:05 – Hundreds of AI tools have been built to catch covid. None of them helped.https://www.technologyreview.com/2021/07/30/1030329/machine-learning-ai-failed-covid-hospital-diagnosis-pandemic/ 31:06 – Reflecting on the evolution of bank reconciliation at Xerohttps://www.xero.com/blog/2021/08/bank-reconciliation-evolution-at-xero/ 33:36 – Taking business banking to the next level with Revoluthttps://www.xero.com/blog/2021/08/revolut-next-level-business-banking/ More Reading on Xero: Xero Upgrades Bank Reconciliation Featurehttps://www.accountingweb.com/technology/accounting-software-news/xero-upgrades-bank-reconciliation-feature Xero revamps bank recs, injects AIhttps://www.accountingtoday.com/news/xero-revamps-bank-recs-injects-ai 36:43 – HR software company Gusto raises $175 millionhttps://www.axios.com/gusto-fundraising-175-million-f2bb33ba-fced-4343-8a7b-0aa6a5d6dbbe.html Gusto Raises $175M in Series E Fundinghttps://www.finsmes.com/2021/08/gusto-raises-175m-in-series-e-funding.html 38:20 – Accounting firm FreshBooks hits unicorn status, plans global growth after raising US$130-millionhttps://financialpost.com/news/fp-street/accounting-firm-freshbooks-hits-unicorn-status-plans-global-growth-after-raising-us130-million 43:56 – 'Connected accounting' startup closes $13M funding roundhttps://www.accountingtoday.com/news/connected-accounting-startup-lockstep-closes-13m-series-a-funding-round Lockstep Websitehttps://lockstep.io/ 46:36 – New IRS tax collection notices offer QR code contact optionhttps://www.dontmesswithtaxes.com/2021/08/redesigned-irs-tax-collection-notices-now-offer-qr-code-contact-option.html 47:36 – ZenBusiness Democratizes Small Business Finance With New All-Inclusive Payments App ZenBusiness Moneyhttps://www.businesswire.com/news/home/20210810005143/en/ZenBusiness-Democratizes-Small-Business-Finance-With-New-All-Inclusive-Payments-App-ZenBusiness-Money 50:29 – US Bank to Buy Bento Technologieshttps://www.pymnts.com/news/partnerships-acquisitions/2021/us-bank-to-buy-biz-expense-management-platform-bento-technologies/ 53:13 – Announcing Check + Quickbooks Online – Checkhttps://www.checkhq.com/post/announcing-check-quickbooks-online?utm_source=pocket_mylist 53:44 – The news from you! We’ve got reviews! Thank you, Cbordeaux, Amanda from NOLA, Rachael, and Eddie Valls! 55:35 – As if reviews weren’t enough, we got voicemail! Thank you, Scott Scarano! 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Ambitious Bookkeeper: http://bkworkshops.online/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Aug 19

59 min 41 sec

SponsorsCPA Charge: https://cloudaccountingpodcast.promo/cpachargeAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes3:00 – Risk Assessment and COVID  10:30 – Square to Buy Installment Lender Afterpay for $29Bhttps://www.cfo.com/ma/2021/08/square-to-buy-installment-lender-afterpay-for-29b/ 19:21 – Rootworks Acquires CPA Practice Advisorhttps://finance.yahoo.com/news/rootworks-acquires-cpa-practice-advisor-131500586.html 19:36 – Right Networks Acquires Rootworkshttps://www.rightnetworks.com/blog/right-networks-acquires-rootworks/ 20:57 – Windows 365 costs how much!?https://www.computerworld.com/article/3628169/windows-365-costs-how-much.html More Microsoft News:  Microsoft's new collaboration tool wants to replace Google Workspace for goodhttps://www.techradar.com/news/microsofts-new-collaboration-tool-wants-to-replace-google-workspace-for-good 4 Must-Know Features of Project Moca (a.k.a. Outlook Spaces)https://www.avepoint.com/blog/manage/outlook-spaces-project-moca/ 28:17 – Greenback is becoming Dext Commercehttps://www.greenback.com/blog/greenback-and-dext/447 Dext debuts rebranded e-commerce solutionhttps://www.accountingtoday.com/news/dext-debuts-rebranded-e-commerce-solution-following-acquisition 31:43 – Earth Class Mail: Mailbox Scanhttps://play.google.com/store/apps/details?id=io.delivered.ecm&hl=en&gl=US 33:37 – Introducing the new Xero App Storehttps://www.xero.com/blog/2021/08/introducing-new-xero-app-store/ 37:14  – Latest product news – August 2021https://www.xero.com/blog/2021/08/latest-product-news-august-2021/ 38:20 – Zeni receives $34M in funding for AI bookkeepinghttps://www.accountingtoday.com/news/zeni-receives-34m-in-funding-for-ai-bookkeeping-and-accounting 48:30 –Meetings aren't killing productivity; data entry ishttps://zapier.com/blog/report-how-office-workers-spend-time 52:13 – 1 in 4 Former Employees Still Has Access to Files at Old Jobhttps://smallbiztrends.com/2021/08/employees-access-files-former-employer.html 57:20 – Final Report - Advisory Committee on Open Bankinghttps://www.canada.ca/en/department-finance/programs/consultations/2021/final-report-advisory-committee-open-banking.htmlGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Ambitious Bookkeeper: http://bkworkshops.online/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Aug 11

1 hr 2 min

SponsorsFyle: https://cloudaccountingpodcast.promo/fyleRewind: https://cloudaccountingpodcast.promo/rewindAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoShow Notes2:00 – A rundown of our visit to AICPA Engage in Vegas, plus news on some other upcoming events. You can find out more about the latest, greatest accounting conferences here: https://accountingconferences.com 12:00 – SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portalhttps://www.sba.gov/article/2021/jul/28/sba-announces-opening-paycheck-protection-program-direct-forgiveness-portal 12:17 – Small Business Administration to Revamp PPP Forgiveness in Bid to End Historic Programhttps://www.politico.com/news/2021/07/27/paycheck-protection-program-ending-501046 13:49 – Nearly 500 taxpayers had over $150M in their IRAshttps://www.accountingtoday.com/news/nearly-500-taxpayers-had-over-150m-in-their-iras 16:53 – New IRA product allows for tax-free Bitcoin mininghttps://www.accountingtoday.com/articles/new-ira-product-allows-for-tax-free-bitcoin-mining 21:02 – Fed's Brainard: Can't wrap head around not having U.S. central bank digital currencyhttps://reut.rs/3ygDh7S 23:10 – Tether Executives Said to Face Criminal Probe into Bank Fraudhttps://www.bloomberg.com/news/articles/2021-07-26/tether-executives-said-to-face-criminal-probe-into-bank-fraud 24:40 – 74% of Consumers Prefer Texting with Businesses if a Real Person is Texting Backhttps://smallbiztrends.com/2021/07/customers-prefer-texting-business-real-people.html 27:16 – Small businesses face bookkeeping challenges, overdue invoices during pandemichttps://www.accountingtoday.com/news/small-businesses-face-bookkeeping-challenges-overdue-invoices-during-pandemic 32:17 – It doesn’t fucking matterhttps://medium.com/@thedannorris/it-doesnt-fucking-matter-391a399c7caa 40:11 – Homebase raises $71M for a team management platform aimed at SMBs and their hourly workers – TechCrunchhttps://techcrunch.com/2021/07/29/homebase-raises-71m-for-a-team-management-platform-aimed-at-smbs-and-their-hourly-workers/ 43:40 – Xero says accounting software users were locked out by login glitch, not nefarious deedshttps://www.theregister.com/2021/07/28/xero_login_glitch_resolved/ 45:42 – New & Improved in FreshBooks: Advanced Client Search, KeyPay Payroll, and Morehttps://www.freshbooks.com/blog/product-updates-july-2021 46:40 – Sage Q3 2021 Resultshttps://www.sage.com/investors/financial-information/results/ 47:41 – Introducing Zoom Apps: Use the Apps You Love, Right in Zoomhttps://blog.zoom.us/start-using-zoom-apps/ 48:47 – PandaDoc for Zoomhttps://marketplace.zoom.us/apps/hHK3qVpjTCycz2xXS249gA 50:22 – Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuationhttps://techcrunch.com/2021/07/29/summit-invests-215m-into-odoo-an-open-source-business-management-software-developer-at-a-2-3b-valuation/ 51:12 – We’ve Got Reviews! Thanks, Smackramen, and Brianqzo! 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Ambitious Bookkeeper: http://bkworkshops.online/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.comCover Art Image License - Author: Moody College of Communication Source: Matthew McConaughey and Scott Rice conversation with film director and screenwriter Jeff Nichols. Date: 1 October 2019, 09:30 Url:https://commons.wikimedia.org/wiki/File:Matthew_McConaughey_and_Scott_Rice_host_conversation_with_film_director_and_screenwriter_Jeff_Nichols._(48829043471).jpg

Aug 7

56 min 39 sec

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindOdoo: https://cloudaccountingpodcast.promo/odooDark Horse: https://cloudaccountingpodcast.promo/darkhorseShow Notes11: 51 – AICPA is now targeting high school counselors to build up the accounting profession 13:22 – ‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Offhttps://www.wsj.com/articles/financially-hobbled-for-life-the-elite-masters-degrees-that-dont-pay-off-11625752773 17:47 – Graduates should expect to work 12-hour days and 6 days a week to really master their jobs, says JPMorgan exechttps://www.businessinsider.com/jpmorgan-exec-graduates-should-work-12-hour-days-6-day-weeks-2021-7 23:17 – AICPA Town Hall Series – July 22, 2021http://townhall.aicpa.libsynpro.com/aicpa-town-hall-series-july-22-2021 25:38 – The Sad State of Accounting Standardshttps://www.accountingtoday.com/opinion/the-sad-state-of-accounting-standards 34:15 – Video Gaming the Systemhttps://www.npr.org/2021/07/21/1018915121/video-gaming-the-system 37:30 – The SBA's PPP Loan Forgiveness Portal Is Cominghttps://www.inc.com/brit-morse/ppp-loan-forgiveness-portal-small-business-administration-paycheck-protection-program.html 38: 51 – Bill.com to acquire Invoice2go in $625M dealhttps://www.accountingtoday.com/news/bill-com-to-acquire-invoice2go-in-625m-deal 43:44 – Square launches checking and savings accounts for small businesseshttps://www.theverge.com/2021/7/20/22585365/square-banking-checking-savings-business-accounts 44:16 – FloQast scores $110M in latest funding roundhttps://www.accountingtoday.com/news/floqast-scores-110m-in-latest-funding-round 45:15 – Finance Chiefs Are Still Trying to Replace Excel With New Toolshttps://www.wsj.com/articles/finance-chiefs-are-still-trying-to-replace-excel-with-new-tools-11626859801 48:52 – Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M dealhttps://techcrunch.com/2021/07/22/visa-acquires-currencycloud-which-makes-apis-for-remittances-and-currency-transfers-in-a-963m-deal/ 49:50 – Anduin earmarks $14M seed round for intelligent practice managementhttps://www.accountingtoday.com/news/anduin-earmarks-14m-seed-round-for-intelligent-practice-management 50:38 – What’s new in QuickBooks Online: July 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-july-2021/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Aug 2

57 min 58 sec

Follow Ben Richmondhttps://www.linkedin.com/in/ben-richmond-ca-b8794220/https://twitter.com/benrichmond1Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 25

39 min 33 sec

SponsorsPractice Ignition: https://cloudaccountingpodcast.promo/piAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoOdoo: https://cloudaccountingpodcast.promo/odooShow NotesLive from NOLA – The Cloud Accounting Podcast is on the road again!  5:25 – Banks Are Reversing Course on PPP Loans to Small Business Ownershttps://theintercept.com/2021/07/12/covid-banks-sba-ppp-loans/ 6:47 – We’ve got Voicemail! Thank you, Ray!  7:32 – This Way to CPA https://www.thiswaytocpa.com/ 9:15 – TurboTax-Maker Intuit Will Leave Free Tax Filing Partnership With IRShttps://www.propublica.org/article/turbotax-maker-intuit-will-leave-free-tax-filing-partnership-with-irs 13:20 – Accelerating Technology Innovation to Better Help Consumers Solve Their Most Pressing Financial Problems https://www.intuit.com/blog/news-social/accelerating-technology-innovation-to-better-help-consumers-solve-their-most-pressing-financial-problems/ 18:12 – Ivix receives $13M in funding to help fight tax evasionhttps://www.accountingtoday.com/news/ivix-receives-13m-in-seed-funding-to-help-authorities-combat-tax-evasion 20:32 – IRS offers online tools for managing Child Tax Credit paymentshttps://www.accountingtoday.com/news/irs-offers-online-tools-for-managing-child-tax-credit-payments 23:08 – Pulling B2B Bartering From Underground And Into A Cash-Management Strategyhttps://www.pymnts.com/news/b2b-payments/2021/barterpay-bartering-commerce-cash-flow/ 25:21 – Introducing Relay Prohttps://relayfi.com/blog/Introducing-Relay-Pro 27:09 – Gusto Cashout – Another Easy Employee Benefithttps://bizhippo.com/blog/gusto-cashout-employee-benefit/ Cashout employee overviewhttps://support.gusto.com/benefits/gusto-wallet/cashout/1532856101/Cashout-employee-overview.htm 31:54 – Real estate accounting tech company Proper raises $9M in fundinghttps://www.accountingtoday.com/news/real-estate-accounting-tech-company-proper-raises-9m-in-funding 34:45 – Check out the Proper website here: https://proper.ai/ 38:05 – Remote raises $150M on a $1B+ valuation to manage payroll and more for organizations’ global workforces – TechCrunchhttps://techcrunch.com/2021/07/13/remote-raises-150m-on-a-1b-valuation-to-manage-payroll-and-more-for-organizations-global-workforces/ 40:12 – Xero introduces AI-powered analytics toolhttps://www.accountingtoday.com/news/xero-introduces-ai-powered-analytics-tool 43:07 – A new way to get paid: Introducing the QuickBooks Card Reader for mobile and contactless paymentshttps://quickbooks.intuit.com/blog/whats-new/a-new-way-to-get-paid-introducing-the-quickbooks-card-reader-for-mobile-and-contactless-payments/ 45:08 – Apple Working on ‘Buy Now, Pay Later’ Planhttps://www.cfo.com/credit/2021/07/apple-working-on-buy-now-pay-later-plan/ 48:16 – Revolut confirms a fresh $800M in funding at a $33B valuation to supercharge its financial services superapphttps://techcrunch.com/2021/07/15/revolut-confirms-a-fresh-800m-in-funding-at-a-33b-valuation-to-supercharge-its-financial-services-superapp/amp/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 25

52 min 55 sec

SponsorsSynder: https://cloudaccountingpodcast.promo/synderOdoo: https://cloudaccountingpodcast.promo/odooDark Horse: https://cloudaccountingpodcast.promo/darkhorseShow Notes 4:48 – Trump Organization Is Charged With Running 15-Year Employee Tax Schemehttps://www.pymnts.com/news/investment-tracker/2021/bolt-seeking-300m-in-next-fundraising-round/ 13:35 – June Job Report? Employers added 850K jobs in June, including 2.8K in accountinghttps://www.accountingtoday.com/news/employers-added-850k-jobs-in-june-including-2-8k-in-accounting 13:50– U.S. Job Openings Hit Record 9.2M in Mayhttps://www.newsbreak.com/news/2303009196462/u-s-job-openings-hit-record-9-2m-in-may 16:37 – SBA to Drop Its Review of PPP Loans of $2 Million and Abovehttps://www.inc.com/diana-ransom/small-business-administration-ppp-loan-necessity-questionnaire.html 19:45 – Biden Plan’s Higher Taxation of Businesses Would Boost Collections to Highest in 40-Plus Yearshttps://taxfoundation.org/biden-business-tax-collections/ 23:09 – Art of Accounting: Qualities that make someone a partnerhttps://www.accountingtoday.com/opinion/art-of-accounting-qualities-that-make-someone-a-partner 25:48 – When Money Is No Objecthttps://www.wsj.com/articles/when-money-is-no-object-11625839202 29:48 – SURVEY: CPA Firms Reject Staff Vaccine Mandateshttps://cpatrendlines.com/2021/07/07/survey-hybrid-of-remote-and-on-site-work-is-here-to-stay/ 31:30 – EisnerAmper adds tech firmhttps://www.accountingtoday.com/news/eisneramper-adds-tech-firm-zentek-data-systems 33:35 – Sage X3 software vulnerability found, addressedhttps://www.accountingtoday.com/news/sage-x3-software-vulnerability-found-addressed 35:29 – Paycom Launches Beti, an Industry-First Employee-Driven Payroll Solutionhttps://www.businesswire.com/news/home/20210706005447/en/Paycom-Launches-Beti-an-Industry-First-Employee-Driven-Payroll-Solution 38:59 – Welcoming Symmetry to Gustohttps://gusto.com/company-news/welcoming-symmetry-to-gusto 44:38 – New & Improved in FreshBooks: Recurring Revenue Widget, Reply-To Emails, and Morehttps://www.freshbooks.com/blog/product-updates-june-2021 45:36 – Liberty Tax acquired by NextPoint https://www.accountingtoday.com/news/liberty-tax-acquired-by-nextpoint 47:45 – PSA: Chime Banking App Is Closing Accounts and Withholding Peoples’ Moneyhttps://www.reviewgeek.com/91482/psa-chime-banking-app-is-closing-accounts-and-withholding-peoples-money/ A Banking App Has Been Suddenly Closing Accounts, Sometimes Not Returning Customers’ Money — ProPublicahttps://www.propublica.org/article/chime 51:52 – Fired by Bot at Amazon: ‘It’s You Against the Machine’https://www.bloomberg.com/news/features/2021-06-28/fired-by-bot-amazon-turns-to-machine-managers-and-workers-are-losing-out 53:40 – Quote: “All your automated processes should start with a human interaction and end with a human interaction” 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 17

57 min 20 sec

Follow Ted Callahanhttps://www.linkedin.com/in/tedcallahan/https://twitter.com/_tedcallahanSunset TradeGeckohttps://www.tradegecko.com/sunsetGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 14

46 min 38 sec

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooDark Horse: https://cloudaccountingpodcast.promo/darkhorse AFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoShow Notes2:49 – Blake and David talk high-tech dining 10:00 – A listener voicemail about the CPA get/not get issue! Thanks, Byron!  16:54 – Proposed bill to regulate tax preparers has AICPA support - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/jun/proposed-bill-to-regulate-tax-preparers-has-aicpa-support.html 19:41 – Taxpayer Advocate prods IRS to improve service, reduce backloghttps://www.accountingtoday.com/news/taxpayer-advocate-prods-irs-to-improve-service-reduce-backlog 21:43 ­– Why call the IRS when you call us and tell us your CPA and IRS troubles? We guarantee you’ll have a better chance of us hearing you than if you called the IRS! (202) 695-1040 22:18 – Gusto is now offering pieces of its service to other companies via API – TechCrunchhttps://techcrunch.com/2021/06/30/2171608/ 22:55 – Gusto Embedded Payrollhttps://gusto.com/embedded-payroll/ 26:13 – Intuit to Share Payroll Data from 1.4M Small Businesses With Equifaxhttps://krebsonsecurity.com/2021/07/intuit-to-share-payroll-data-from-1-4m-small-businesses-with-equifax/ 31:20 – Latest product news – July 2021https://www.xero.com/blog/2021/07/latest-product-news-july-2021/ 33:05 – ServiceTitan acquires Aspire to move into landscaping, raises $200M at a $9.5B valuation – TechCrunchhttps://techcrunch.com/2021/06/30/servicetitan-acquires-aspire-to-move-into-landscaping-raises-200m-at-a-9-5b-valuation/ 35:58 – Slice Launches Pizzeria Payment Platformhttps://www.pymnts.com/restaurant-innovation/2021/fintech-goes-niche-with-slice-pizzeria-payment-platform/ 36:48 – Slice Is Giving 50 Winners $500 & Free Pizza for a Yearhttps://www.thrillist.com/news/nation/slice-app-giving-free-pizza-for-a-year 37:35 – LegalZoom shares jump 35% in market debut; CEO sees further opportunity in online legal serviceshttps://www.cnbc.com/2021/06/30/legalzoom-debuted-up-30percent-ceo-sells-further-push-into-digital-market.html 38:22 – Canopy scores $11M in funding for tax practice management softwarehttps://www.accountingtoday.com/news/canopy-scores-11m-in-funding-for-tax-practice-management-software 42:07 – How Two Start-ups Made a Fortune in Fees on P.P.P. Loans - The New York Timeshttps://www.nytimes.com/2021/06/27/business/ppp-relief-loans-blueacorn-womply.html 45:07 – Robinhood to Pay $70M to Settle FINRA Probehttps://www.cfo.com/regulation/2021/06/robinhood-to-pay-70m-to-settle-finra-probe/ 46:48 – Squarespace Survey Reveals Gen Z Find Digital Life More Important And Memorable Than In-Person Lifehttps://newsroom.squarespace.com/blog/squarespace-survey-reveals-genz 48:34 – Accountants more likely to return to offices than others: Studyhttps://www.accountingtoday.com/list/accountants-more-likely-to-return-to-offices-than-other-businesses-study 49:30 – Do Chance Meetings at the Office Boost Innovation? There’s No Evidence of It.https://www.nytimes.com/2021/06/23/upshot/remote-work-innovation-office.html 51:03 – 56% of Employees Believe Too Many Meetings Affecting Job Performancehttps://smallbiztrends.com/2021/07/meetings-affecting-job-performance.html 55:14 – Melio Selects Colorado to Power its Explosive U.S. Growth | Colorado Office of Economic Development and International Tradehttps://oedit.colorado.gov/press-release/melio-selects-colorado-to-power-its-explosive-us-growth 55:32 – Many Companies Want Remote Workers—Except From Coloradohttps://www.wsj.com/articles/many-companies-want-remote-workersexcept-from-colorado-11623937649Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 8

1 hr 4 min

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindUncat: https://cloudaccountingpodcast.promo/uncatOdoo: https://cloudaccountingpodcast.promo/odooShow Notes1:20 – David is LIVE (well, recorded) from the brand-new Accounting Podcast Network recording studio! Check out our Instagram for a pictorial view -@cloudacctpod 2:20 – Welcome to all our new listeners from the BKX conference!   5:45 – SuiteWorld will be back in Las Vegas - insightfulaccountant.comhttps://www.intuitiveaccountant.com/accounting-tech/vendor-news/suiteworld-will-be-back-in-las-vegas/ 6:15 – Find all the latest, greatest accounting conference news here: AccountingConferences.com 8:10 – How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank — ProPublicahttps://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank 10:25 – ProPublica Tells Only Half the Story on Taxeshttps://www.wsj.com/articles/propublica-tells-only-half-the-story-on-taxes-11624464637 11:38 – Antivirus software pioneer John McAfee dies in prisonhttps://www.accountingtoday.com/articles/john-mcafee-antivirus-software-pioneer-found-dead-in-prison 26:00 - Bobby Bonilla Dayhttps://www.npr.org/2021/06/25/1010404697/bobby-bonilla-dayBobby Bonilla Day: 10 other athletes who are getting big checks from deferred payments https://www.cbssports.com/mlb/news/bobby-bonilla-day-10-other-athletes-who-are-getting-big-checks-from-deferred-payments 28:47 – Listener Voicemails – Why I didn’t get a CPA. Thank you, Mr. Three Cents, and Carla (sp?) from Lewisville, TX!  35:04 – The Accounting Profession Is Running Low on CPAs, But There’s an Obvious (and Completely Ignored) Fix For Thathttps://www.goingconcern.com/accounting-talent-shortage-and-cpa-exam-expectations/  41:13 – Visa Buys Swedish Fintech Tink for More Than $2 Billionhttps://www.wsj.com/articles/visa-buys-swedish-fintech-tink-for-more-than-2-billion-11624528687 Visa Acquiring Swedish Open Banking Platform Tinkhttps://www.pymnts.com/news/partnerships-acquisitions/2021/visa-acquiring-swedish-open-banking-platform-tink-for-2-1b/ 42:31 – What’s new in QuickBooks Online: June 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-june-2021/ 45:20 – H&R Block’s Wave unit plans new AR abilitieshttps://www.accountingtoday.com/news/h-r-blocks-wave-unit-plans-new-ar-abilities 47:58 – Announcing the first payroll products built on Check - Checkhttps://www.checkhq.com/post/announcing-the-first-payroll-products-built-on-check 50:14 – Tech news: FloQast releases request management tool for monthly close, and morehttps://www.accountingtoday.com/list/floqast-releases-request-management-tool-for-monthly-close 51:40 – Venmo Is About to Get More Expensive for Millions to Usehttps://money.com/venmo-fee-changes-email/ 56:40 – This Bachelor Fan Figured Out Who Won Colton Underwood’s Season With Venmohttps://www.cosmopolitan.com/entertainment/celebs/a30350953/bachelor-venmo-winner-colton-underwood/ 57:33 – PwC Restructures for Future of Bots, Post-Covid Advisory Boomhttps://news.bloombergtax.com/financial-accounting/pwc-restructures-for-future-of-bots-post-covid-advisory-boom 58:29 – Deloitte tells its 20,000 UK employees they can work from home foreverhttps://www.independent.co.uk/life-style/deloitte-work-from-home-employees-b1868977.htmlGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 1

1 hr 3 min

SponsorsPractice Ignition: https://cloudaccountingpodcast.promo/piOdoo: https://cloudaccountingpodcast.promo/odooClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes 1:56 – David talks specifics on Bookkeepers.com 5:54 – The IMA Is Beefing With the AICPA and NASBA Over the Future of Accounting Educationhttps://www.goingconcern.com/the-ima-is-beefing-with-the-aicpa-and-nasba-over-the-future-of-accounting-education/ 6:22 – AICPA, NASBA launch CPA Evolution Model Curriculum - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/jun/aicpa-nasba-launch-cpa-evolution-model-curriculum.html IMA pushes back on CPA Evolutionhttps://www.accountingtoday.com/news/ima-pushes-back-on-cpa-evolution 13:20 – Time commitment, relevance push people away from CPA Examhttps://www.accountingtoday.com/news/time-commitment-career-relevance-push-young-people-away-from-cpa-exam 13:40 – A CPA Pipeline Report: Decoding the Declinehttps://www.icpas.org/information/professional-issues/decoding-the-decline 17:58 – Let us know your take on the CPA – if you have it, if you don’t, if you’re thinking about it …Tell us why you love it, hate it, or feel nothing about it! Call us at 202.695.1040!  18:40 – We’ve got voicemail! Thank you Chris, from Guam!  21:54 – SPAC Deals Slow Dramatically After Move by SEC | Los Angeles Business Journalhttps://labusinessjournal.com/news/2021/jun/21/spac-deals-slow-dramatically-sec-changes/ 22:20 – SPAC IPO Market Slowly Resurfaces With Play-it-Safe Accountinghttps://news.bloombergtax.com/financial-accounting/spac-ipo-market-slowly-resurfaces-with-play-it-safe-accounting 23:10 – The Lordstown Motors Mirage: Fake Orders, Undisclosed Production Hurdles, And A Prototype Infernohttps://hindenburgresearch.com/lordstown/ 23: 51 – Top Lordstown Motors executives out as SPAC-backed startup teetershttps://www.freightwaves.com/news/top-lordstown-motors-executives-out-as-spac-backed-startup-teeters 26:35 [Expensify] WhatsApp + Splitwise = Expensify.cash (now open for early access)https://community.expensify.com/discussion/8302/whatsapp-splitwise-expensify-cash-now-open-for-early-access33:06 – The Expensify Discussion on Blake’s Twitter: https://twitter.com/BlakeTOliver/status/140574544838036684837:15 – AmEx opens first business banking accounts https://www.finextra.com/newsarticle/38256/amex-opens-first-business-banking-accounts 39:10 – Novo, a neobank for SMBs, banks $41Mhttps://techcrunch.com/2021/06/16/novo-a-neobank-for-smbs-banks-41m/ 40:20 – Unit Raises $51M To Expand Products, Integrationshttps://www.pymnts.com/news/investment-tracker/2021/unit-raises-51-million-dollars-expand-finserv-products-integrations/ 43:28 – Gusto makes first acquisition, buying Ardius to expand into R&D tax credits – TechCrunchhttps://techcrunch.com/2021/06/17/gusto-makes-first-acquisition-buying-ardius-to-expand-into-rd-tax-credits/46:00 – Sunsetting of the QuickBooks Commerce standalone product (formerly TradeGecko)https://commerce.intuit.com/register 50:18 – Fastly: The Right Way to Apologize for an Outage | SaaStrhttps://www.saastr.com/fastly-the-right-way-to-apologize-for-an-outage/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 24

56 min 11 sec

SponsorsCPA Charge: https://cloudaccountingpodcast.promo/cpachargeOdoo: https://cloudaccountingpodcast.promo/odooRewind: https://cloudaccountingpodcast.promo/rewindShow Notes4:25 – Bill would make accounting part of STEM educationhttps://www.accountingtoday.com/news/lawmakers-introduce-bill-to-make-accounting-part-of-stem-education 5:47 – Accounting in schools down for the counthttps://www.newsroom.co.nz/accounting-in-schools-on-the-chopping-block 10:24 – The best cities for accountants in 2021https://www.accountingtoday.com/list/the-best-cities-for-accountants-in-2021 12:46 – The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Taxhttps://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax 18:11 – Let us know what you think about the secret IRS files, and whatever else we talk about! We’d love to hear from you! (202) 695-1040.  18:30 – Speaking of your thoughts, we got a voicemail! Thank you, Harry Gottlieb!  24:07 – Microsoft Excel Esports Tournament Is Real And Actually Happeninghttps://www.gamespot.com/articles/microsoft-excel-esports-tournament-is-real-and-actually-happening/1100-6492464/  28:15 – Osome raises $16M to automate repetitive accounting tasks https://venturebeat.com/2021/06/10/osome-raises-16m-to-automate-repetitive-accounting-tasks/ 29:35 – Corporate services “superapp” Osome lands $16M Series Ahttps://techcrunch.com/2021/06/10/corporate-services-super-app-osome-lands-16m-series-a/ Super app for SMEs Osome raises $16 million https://www.finextra.com/pressarticle/88040/super-app-for-smes-osome-raises-16-million 31:00 – Pennylane raises $18.3 million for its accounting service – TechCrunchhttps://techcrunch.com/2021/06/09/pennylane-raises-18-3-million-for-its-accounting-service/https://www.pennylane.tech/33:06 – Mark Cuban-Backed Personal Finance App Dave to Go Public in $4 Billion SPAC Dealhttps://www.wsj.com/articles/mark-cuban-backed-personal-finance-app-dave-to-go-public-in-4-billion-spac-deal-11623085304 34:22 – Stripe Launches Global Tax Compliance Service https://www.pymnts.com/taxes/2021/stripe-launches-global-tax-compliance-service/36:00 – SEC warnings on SPACs dampen deals, boost accounting serviceshttps://www.accountingtoday.com/news/sec-warnings-on-spacs-dampen-deals-and-accounting-services 38:42 – SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interesthttps://www.cnbc.com/2021/04/21/spac-transactions-come-to-a-halt-amid-sec-crackdown-cooling-retail-investor-interest.html 40:22 – SPAC IPO Audits Dominated by Niche Firms as Big Four Stand Asidehttps://news.bloombergtax.com/financial-accounting/spac-ipo-audits-dominated-by-niche-firms-as-big-four-stand-aside 42:30 – SPAC Pullback Pressures Creators to Find Quality Mergershttps://www.wsj.com/articles/spac-pullback-pressures-creators-to-find-quality-mergers-11622494564 SPAC Selloff Bruises Individual Investorshttps://www.wsj.com/articles/spac-selloff-bruises-individual-investors-11621396808 44:12 – Amanda Aguillard named COO of Padgett https://www.accountingtoday.com/news/amanda-aguillard-named-coo-of-padgett45:43 – Accountants in Industry Expect Economic Boomhttps://cpatrendlines.com/2021/06/03/accountants-in-industry-brace-for-economic-boom/ 45:56 – Technology Fills the Gap as Jobs Lag GDPhttps://www.wsj.com/articles/technology-fills-the-gap-as-jobs-lag-gdp-11623250495Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 18

54 min 43 sec

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooClient Hub: https://cloudaccountingpodcast.promo/clienthubRewind: https://cloudaccountingpodcast.promo/rewindMeet LizLinkedIn: https://www.linkedin.com/in/masonliz/Twitter: https://twitter.com/lizzynormaWebsite: https://highrock.co/Show Notes1:12 – Meet our guest, Liz Mason, CEO and Founder of High Rock Accounting 2:46 – Is the Maricopa County election audit truly an audit? Here's what professional auditors have to say … https://www.azcentral.com/story/news/politics/elections/2021/06/01/professional-auditors-take-a-look-at-arizona-senate-audit-of-maricopa-county-2020-election/5212065001/ 6:08 – Liz gives us the scoop on her excited, and busy world!  8:17 – Gensler Ousts PCAOB Chair; Other Board Members to Followhttps://www.cfo.com/auditing/2021/06/gensler-ousts-pcaob-chair-other-board-members-to-follow/ Duhnke removed as PCAOB chair as transition to new board begins - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/jun/new-pcaob-transition-duhnke-removed-as-chair.html 10:00 – Intuit Answers Questions About ProAdvisor Pricinghttps://report.woodard.com/articles/intuit-answers-questions-about-proadvisor-pricing-fpwr 10:05 – Upcoming changes: Accountant discounts and QuickBooks Online pricing - Firm of the Futurehttps://www.firmofthefuture.com/content/papp-faqs/ 10:52 – QuickBooks Online Price Changes - insightfulaccountant.comhttps://www.intuitiveaccountant.com/accounting-tech/general-ledger/quickbooks-online-price-changes/ 19:35 – Bench Raises $60 Million USD Series C and Expands Beyond Accounting with Launch of Bench Bankinghttps://www.businesswire.com/news/home/20210603005032/en/Bench-Raises-60-Million-USD-Series-C-and-Expands-Beyond-Accounting-with-Launch-of-Bench-Banking 21:43 – Shopify adds to list of strategic deals with investment in Vancouver’s Bench Accountinghttps://www.theglobeandmail.com/business/article-shopify-invests-in-vancouvers-bench-accounting/ 29:26 – Clio Legal Softwarehttps://www.clio.com/ 30:18 – The Job Ahead: Small businesses and the global economic recoveryhttps://www.xero.com/content/dam/xero/images/xsbi/the-job-ahead-may-2021.pdf 33:05 – Nearly half of firms say COVID-19 spurred innovation, growth: Studyhttps://www.accountingtoday.com/news/nearly-half-of-firms-say-covid-19-spurred-innovation-growth-study 42:50 – Liz zeroes in on Rebel Rock, the cannabis-focused spinoff of High Rockhttps://rebelrock.co/ 46:30 – Sage 2021 Close the Books Survey reveals businesses can shorten close process times by 36 percent by switching from spreadsheets to cloud financial managementhttps://www.globenewswire.com/news-release/2021/06/02/2240469/0/en/Sage-2021-Close-the-Books-Survey-reveals-businesses-can-shorten-close-process-times-by-36-percent-by-switching-from-spreadsheets-to-cloud-financial-management.html 48:19 – Thanks to Joe in Los Angeles for calling in!   Latest product news – June 2021https://www.xero.com/blog/2021/06/latest-product-news-june-2021/ 55:01 – David discusses the Greenback app integrationshttps://www.greenback.com/ 56:03 – We got a review!  Thank you, App Ninha! 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 11

1 hr

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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 6

36 min 36 sec

SponsorsRewind: https://cloudaccountingpodcast.promo/rewind Uncat: https://cloudaccountingpodcast.promo/uncatOdoo: https://cloudaccountingpodcast.promo/odooShow Notes5:41 – Warren, Sanders Urge SEC to Immediately Remove and Replace Members of the Public Company Accounting Oversight Board – YubaNethttps://yubanet.com/usa/warren-sanders-urge-sec-to-immediately-remove-and-replace-members-of-the-public-company-accounting-oversight-board/ 7:11 – KPMG launches relaxed work policies to combat remote work fatiguehttps://www.accountingtoday.com/news/kpmg-launches-relaxed-work-policies-to-combat-remote-work-fatigue 12:47 – Congress Investigates PPP Fraud at Fintech Lenders BlueVine and Kabbagehttps://www.businessinsider.com/congress-investigates-ppp-fraud-at-fintech-lenders-bluevine-and-kabbage-2021-5 18:39 – IRS is trying to catch stimulus payment fraud, but billions may have been paidhttps://www.accountingtoday.com/news/irs-is-trying-to-catch-stimulus-payment-fraud-but-billions-may-have-been-paid 20:34 – Digital Dollar Project to launch five U.S. central bank digital currency pilotshttps://www.reuters.com/business/finance/digital-dollar-project-launch-five-us-central-bank-digital-currency-pilots-2021-05-03/ 24:03 – China bans financial, payment institutions from cryptocurrency businesshttps://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/ 26:24 – Opinion | Ban Cryptocurrency to Fight Ransomwarehttps://www.wsj.com/articles/ban-cryptocurrency-to-fight-ransomware-11621962831 28:33 – Is Bitcoin a Buy?https://www.cfo.com/cash-management/2021/05/is-bitcoin-a-buy/ 29:24 – Treasury calls for crypto transfers over $10K to be reportedhttps://www.accountingtoday.com/articles/treasury-calls-for-crypto-transfers-over-10-000-to-be-reported-to-irs 30:24 – 2021 Reader's Choice Awards: The Tech Getting Us Through the Pandemichttps://www.cpapracticeadvisor.com/accounting-audit/article/21215751/2021-readers-choice-awards-the-tech-getting-us-through-the-pandemic 34:19 – Step in the time machine and visit PCSAI.com – See for yourself! http://pcsai.com/ 43:08 – IRS tests secure transcript technology for tax proshttps://www.accountingtoday.com/news/irs-tests-secure-transcript-technology-for-tax-pros45:09 – Square may soon offer small-business checking and savings accounts, app code showshttps://www.bankingdive.com/news/square-small-business-checking-savings-accounts/600734/ 46:05 – Avalara for Accountants is livehttps://www.accountingtoday.com/news/avalara-for-accountants-is-live 47:45 – Revolut adds invoicing for SMBs as it builds out ‘financial super app’https://www.emarketer.com/content/revolut-adds-invoicing-smbs-builds-financial-super-app 49:55 – Bookkeep.com™ Secures $3.3 Million in Venture Financing led by Lerer Hippeauhttps://bookkeep.com/bookkeep-secures-3-3-million-in-venture-financing/ 51:16 – Bookkeeper360 Announces Integration with QuickBooks Online and Pay-as-you-go Accountinghttps://www.prnewswire.com/news-releases/bookkeeper360-announces-integration-with-quickbooks-online-and-pay-as-you-go-accounting-301300723.html 52:59 – What's New in Sage Intacct's Release 2 2021https://www.accttwo.com/blog/whats-new-in-sage-intaccts-release-2-2021 54:28 – Sage launches its first Sage Intacct data centre in Canada Channel Daily Newshttps://channeldailynews.com/news/sage-launches-its-first-sage-intacct-data-centre-in-canada/74091 54:59 – Got Tech Neck? Check this out! Tech Neck Prevention Tipshttps://smallbiztrends.com/2021/05/tech-neck-prevention.htmlGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 4

58 min 34 sec

SponsorsClient Hub: https://cloudaccountingpodcast.promo/clienthubOdoo: https://cloudaccountingpodcast.promo/odooShow Notes1:12 – Welcome Kristen Keats, founder of Breakaway Bookkeeping & Advising, and practice owner at Sherwood Tax & Accounting12:17 – David’s Rant of the Week – Virtual conferences suck16:45 – REVIEW!  Thank you, Jolen.opyc! 18:06 – KPMG Canada launches cloud accounting solution for SMEshttps://www.consulting.ca/news/2273/kpmg-canada-launches-cloud-accounting-solution-for-smes24:06 – Burnout Is Real, On the Rise, and Retractablehttps://www-psychologytoday-com.cdn.ampproject.org/c/s/www.psychologytoday.com/us/blog/mental-health-in-the-workplace/202008/burnout-is-real-the-rise-and-retractable?amp  28:50 – Restaurant Revitalization Fund to stop accepting applications Monday - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/may/sba-loan-restaurant-revitalization-fund-to-stop-accepting-applications.html 29:11 – SBA will close Restaurant Revitalization Fund on Monday — just 3 weeks after openinghttps://www.restaurantdive.com/news/sba-will-close-restaurant-revitalization-fund-on-monday-just-3-weeks-afte/600476/ Restaurant Revitalization Fund faces huge funding shortfallhttps://www.journalofaccountancy.com/news/2021/may/sba-restaurant-revitalization-fund-faces-huge-funding-shortfall.html NYC Introduces Restaurant Aggregator Data Billhttps://www.pymnts.com/news/delivery/2021/nyc-introduces-bill-to-require-restaurant-aggregators-to-share-customer-data/ 30:08 – Child Tax Credit Expansion Kicks In July 15 With Monthly Payments to Familieshttps://www.wsj.com/articles/monthly-child-tax-credit-payments-set-to-start-july-15-11621249203 31:28 – Under Armour shareholders can sue over sales disclosureshttps://reut.rs/3uYY3XZ 32:37 – Taxpayers deserve pandemic penalty relief, AICPA says - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/may/taxpayers-deserve-pandemic-tax-penalty-relief-aicpa-says.html 36:22 – Will Biden’s IRS be coming after your clients?https://www.accountingtoday.com/articles/will-bidens-irs-be-coming-after-your-clients 41:37 – Elizabeth Warren’s take on the tax-preparer industry 44:39 – Innovations in audit: KPMG deploys smart glasseshttps://www.accountingtoday.com/news/innovations-in-audit-kpmg-deploys-smart-glasses 47:00 – Auditors leverage technology lessons from pandemichttps://www.accountingtoday.com/news/auditors-leverage-technology-lessons-from-pandemic 49:14 – We Found Joe Biden’s Secret Venmo. Here’s Why That’s A Privacy Nightmare For Everyone.https://www.buzzfeednews.com/article/ryanmac/we-found-joe-bidens-secret-venmo 50:25 – Popularity of Venmo, Other Apps Prompt Questions for Lawyer Usehttps://news.bloomberglaw.com/us-law-week/popularity-of-venmo-other-apps-prompt-questions-for-lawyer-use 52:50 – April sees resurgence in ransomware attacks - IT-Online https://it-online.co.za/2021/05/14/april-sees-resurgence-in-ransomware-attacks/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

May 27

57 min 59 sec

SponsorsSynder: https://cloudaccountingpodcast.promo/synderOdoo: https://cloudaccountingpodcast.promo/odooRelay Financial: https://cloudaccountingpodcast.promo/relayShow Notes02:15 – $58,508: The Average Starting Salary for New Accounting Gradshttps://www.goingconcern.com/58508-average-starting-salary-new-accounting-grads-2021/ 3:44 – Fintech Startup Offers $500 for Payroll Passwords https://krebsonsecurity.com/2021/05/fintech-startup-offers-500-for-payroll-passwords/ 6:07 – Railz Raises $12 Million Toward API Developmenthttps://www.pymnts.com/news/investment-tracker/2021/railz-raises-12m-toward-api-development/ 8:04 – Kabbage, FinTechs Under PPP Distribution Scrutinyhttps://www.pymnts.com/loans/2021/report-kabbage-fintechs-under-justice-department-scrutiny-for-ppp-loan-distribution/ DOJ reportedly investigating Kabbage, fintech lenders, over PPP loanshttps://www.bankingdive.com/news/doj-reportedly-investigating-kabbage-fintech-lenders-over-ppp-loans/599888/ 11:37 – Collective, a back-office platform for the self-employed, raises $20M from Ashton Kutcher’s VChttps://techcrunch.com/2021/05/12/collective-a-back-office-for-the-self-employed-raises-20m-from-ashton-kutchers-vc/ 14:37 – Announcing Collective $20M Series A to Support the Rise of Businesses-of-One — Collective Bloghttps://www.collective.com/blog/news/collective-20-million-series-a/15: 51 – Blake’s discussion on Collective with CAP listener, Michael Eckstein 17:29 – The Collective Disclaimerhttps://www.collective.com/ 20:45 – Banking App Lili Raises $55 Million To Help Freelancers Tackle Expenses, Access Credithttps://www.forbes.com/sites/ninawolpow/2021/05/11/banking-app-lili-raises-55-million-to-help-freelancers-tackle-expenses-access-credit/ 25:56 – Xero FY21 revenues rise 18% to £432m | Newshttps://www.accountancytoday.co.uk/2021/05/13/xero-fy21-revenues-spike-18/ 26:03 – Xero scores subscriber surge despite slowed revenuehttps://www.accountantsdaily.com.au/business/15693-xero-scores-subscriber-surge-despite-slowed-revenue Xero’s FY21 through the eyes of our customers and people | Xero Bloghttps://www.xero.com/blog/2021/05/fy21-through-their-eyes/ Xero’s full year 2021 financial resultshttps://www.xero.com/blog/2021/05/full-year-2021-financial-results/ 32:25 – Digital bank Relay raises $19.4 million to automate financial management for small businesshttps://www.prweb.com/releases/digital_bank_relay_raises_19_4_million_to_automate_financial_management_for_small_business/prweb17934174.htm 37:55 – Sage's profits fall 30%, but accounting software boosts organic revenues | This is Moneyhttps://www.thisismoney.co.uk/money/markets/article-9578771/Sages-profits-fall-30-accounting-software-boosts-organic-revenues.html 39:50 – Introducing the Subscription Economy Income Statementhttps://www.subscribed.com/read/subscription-strategy/introducing-the-subscription-economy-income-statement?fbclid=IwAR2WHUUr4bE9pe0EUtHze0PuCBP3SpQdogHC3Z78YnvZvJhHOOMr1iywzSo 42:52 – WeWork CEO Says Least Engaged Employees Enjoy Working from Homehttps://www.accountingtoday.com/articles/irs-needs-more-than-audits-to-find-tax-cheats-former-chief-says 45:07 – Driving Engagement in a Remote Work Worldhttps://www.cfo.com/workplace-issues/2021/04/driving-engagement-in-a-remote-work-world/ 46:53 – The hybrid workplace probably won’t last - The Boston Globehttps://www.bostonglobe.com/2021/05/09/opinion/hybrid-workplace-probably-wont-last/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsXero: A Comprehensive Guide for Accountants and BookkeepersBKX Conference: https://bkx.com/tickets/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

May 20

56 min 15 sec

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooRelay Financial: https://cloudaccountingpodcast.promo/relayMarginDriver: https://cloudaccountingpodcast.promo/margindriverShow Notes5:22 – SBA stops accepting new PPP applications from most lenders as general funds run outhttps://www.journalofaccountancy.com/news/2021/may/sba-stops-accepting-most-new-ppp-applications-funds-run-out.html Paycheck Protection Program Closes to Most Applicants - The New York Timeshttps://www.nytimes.com/live/2021/05/04/business/stock-market-today 6:11 – SBA unveils initial Restaurant Revitalization Fund resultshttps://www.journalofaccountancy.com/news/2021/may/sba-restaurant-revitalization-fund-initial-results.html 8:09 – IRS employees say ‘out of ink’ printers are delaying tax returnshttps://money.yahoo.com/irs-employees-say-out-of-ink-printers-are-delaying-tax-returns-171522801.html9:48 – Biden plan would give IRS authority to regulate tax preparershttps://www.accountingtoday.com/news/biden-plan-would-give-irs-authority-to-regulate-tax-preparers 13:03 – The Best Firms for Technology for 2021https://www.accountingtoday.com/list/the-best-firms-for-technology-for-2021 19:25 – Knowledge workers' most dreaded taskshttps://zapier.com/blog/most-dreaded-tasks 23:34 – Bill.com Adds Divvy to Back-Office Solutionshttps://www.cfo.com/applications/2021/05/bill-com-adds-divvy-to-back-office-solutions/ 24:17 – Bill.com to Acquire Divvy, a Leader in Spend Management for SMBshttps://www.businesswire.com/news/home/20210506006169/en/Bill.com-to-Acquire-Divvy-a-Leader-in-Spend-Management-for-SMBs 25:39 – David elaborates on the core value of Bill.com  29:13 – Divvy Joining forces with Bill.com https://getdivvy.com/blog/joining-forces-with-bill-com/ 37:48 – Metric of the Month: T&E Expense Reimbursements - CFOhttps://www.cfo.com/expense-management/2021/05/metric-of-the-month-total-cost-to-process-te-reimbursements/ 42:53 – Accountant view: Move from Intuit Online Payroll to QuickBooks Online Payroll https://quickbooks.intuit.com/learn-support/en-us/accounting/accountant-view-move-from-intuit-online-payroll-to-quickbooks/00/863888 46:52 – Veryfi Raises $12 Million To Use AI to Tackle The Unstructured Data Entry Markethttps://www.forbes.com/sites/rebeccaszkutak/2021/04/26/veryfi-raises-12-million-to-use-ai-to-tackle-the-unstructured-data-entry-market/50:17 – Chime Stops Using Word 'Bank' After Pushbackhttps://www.pymnts.com/legal/2021/chime-stops-using-word-bank-after-regulator-pushback/ 53:12 – FloQast releases accounting coloring book ahead of Tax Dayhttps://www.accountingtoday.com/news/floqast-releases-accounting-coloring-book-and-guided-meditation-ahead-of-tax-dayGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsXero: A Comprehensive Guide for Accountants and BookkeepersBKX Conference: https://bkx.com/tickets/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

May 12

1 hr 1 min

SponsorsSage Advice: https://cloudaccountingpodcast.promo/sageadvice Client Hub: https://cloudaccountingpodcast.promo/clienthubRelay Financial: https://cloudaccountingpodcast.promo/relayShow Notes4:24 – Biden to propose tax hikes, $80B for audits of richhttps://www.accountingtoday.com/articles/biden-to-propose-tax-hikes-80b-for-audits-of-rich  7:36 – U.S. companies went right back to heavy use of nonstandard accounting metrics during the pandemichttps://www.marketwatch.com/story/u-s-companies-went-right-back-to-heavy-use-of-non-standard-accounting-metrics-during-the-pandemic-11619550987 11:30 – Under Armour Paying $9 Million to Resolve SEC Accounting Probehttps://www.wsj.com/articles/under-armour-paying-9-million-to-resolve-sec-accounting-probe-11620079991 13:21 – QuickBooks Payroll sufferers outage on Friday morning … many employees never got their direct deposithttps://www.theverge.com/2021/4/30/22412349/quickbooks-issue-missed-direct-deposit-paychecks 16:25 – Financial impact of COVID-19 revealed in QuickBooks analysis of 1 million small businesseshttps://quickbooks.intuit.com/r/coronavirus/small-business-recovery/ 22:18 – Expensify Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offeringhttps://www.businesswire.com/news/home/20210503005265/en/Expensify-Announces-Confidential-Submission-of-Draft-Registration-Statement-for-Proposed-Initial-Public-Offering 23:11 – Stripe buys TaxJarhttps://techcrunch.com/2021/04/27/stripe-acquires-taxjar-to-add-cloud-based-automated-sales-tax-tools-into-its-payments-platform/amp/?__twitter_impression=true  More about TaxJarhttps://stripe.com/partners/taxjar TaxJar will be joining Stripe to help build the world’s tax compliance infrastructurehttps://blog.taxjar.com/taxjar-will-be-joining-stripe-to-help-build-the-worlds-tax-compliance-infrastructure/ 24:34 – Brex raises $425M at a $7.4B valuation, as the corporate spend war rages onhttps://techcrunch.com/2021/04/26/brex-raises-425m-at-a-7-4b-valuation-as-the-corporate-spend-war-rages-on/ Brex massive raise …https://www.businessinsider.com/brex-raises-mega-round-doubles-down-on-finance-management-2021-4 24:49 – Brex Unveils All-In-One Financial Solution For Businesseshttps://www.businesswire.com/news/home/20210426005625/en/Brex-Unveils-All-In-One-Financial-Solution-For-Businesses#.YIcUHNRGTfg.whatsapp 25:18 – Brex Premium, our Series D, and the future of Brex as all-in-one financehttps://medium.com/building-brex/brex-premium-our-series-d-and-the-future-of-brex-as-all-in-one-finance-1ad40690edde 29:35 – OnDeck Markets First ABS Since Purchase by Subprime Lender Enovahttps://www.washingtonpost.com/business/on-small-business/ondeck-markets-first-abs-since-purchase-by-subprime-lender-enova/2021/04/26/80919a32-a6a6-11eb-a8a7-5f45ddcdf364_story.html  31:14 – Latest product news – May 2021https://www.xero.com/blog/2021/05/latest-product-news-may-2021/ 34:06 – ACH payments on Invoices via Squarehttps://www.pymnts.com/news/payment-methods/2021/businesses-can-accept-ach-payments-via-square-invoices/ 36:20 – The robots are coming UiPath is Europe’s most successful tech export since Spotifyhttps://www.economist.com/business/2021/04/22/uipath-is-europes-most-successful-tech-export-since-spotify 37:20 – How UiPath Turned Into A $37 Billion Powerhousehttps://www.forbes.com/sites/tomtaulli/2021/05/01/how-uipath-turned-into-a-37-billion-powerhouse/?sh=6e1e53d62e40 37:40 – Heirlume raises 1.38 millionhttps://techcrunch.com/2021/04/30/heirlume-raises-1-38m-to-remove-the-barriers-of-trademark-registration-for-small-businesses/ 40:39 – New & Improved in FreshBooks: Income Importer, Dashboard Widgets, and Morehttps://www.freshbooks.com/blog/product-updates-april-2021Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsXero: A Comprehensive Guide for Accountants and BookkeepersBKX Conference: https://bkx.com/tickets/Future Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

May 6

46 min 40 sec

SponsorsUncat: https://cloudaccountingpodcast.promo/uncatMarginDriver: https://cloudaccountingpodcast.promo/margindriverOdoo: https://cloudaccountingpodcast.promo/odooShow Notes2:22 – SBA to reopen Shuttered Venue Operators Grant portal Saturdayhttps://www.journalofaccountancy.com/news/2021/apr/sba-reopen-shuttered-venue-operators-grant-portal-april-24.html Shuttered Venue Operators Grant portal begins accepting applications - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/apr/sba-reopen-shuttered-venue-operators-grant-portal-april-24.html SBA offers targeted advances to small businesseshttps://www.accountingtoday.com/news/sba-offers-targeted-advances-to-small-businesses-and-tries-again-on-shuttered-venue-program 5:23 – Lawmakers push PPP revamp as funding lapse loomshttps://www.politico.com/news/2021/04/20/congress-ppp-funding-483803 7:06 – IRS is holding over 29 million tax returns, delaying refunds for many poorer Americanshttps://money.yahoo.com/irs-holds-over-29-million-tax-returns-delaying-refunds-192532885.html 10:33 – Biden’s Big Agenda Relies on a Shrunken, Strained Agency: The IRShttps://www.wsj.com/articles/biden-agenda-relies-on-shrunken-strained-irs-11618928830 13:20 – IRS sees delays in tax refunds and quarterly paymentshttps://www.accountingtoday.com/news/irs-sees-delays-in-tax-refunds-and-quarterly-payments 15:18 – Federal Stimulus Bill Has Huge Tax Change For Gig Workershttps://www.forbes.com/sites/lizfarmer/2021/03/12/federal-stimulus-bill-has-huge-tax-change-for-gig-workers/ 17:35 – Controversy Erupts as Florida Follows Forty-Three States in Adopting Uncontroversial Tax Provisionhttps://taxfoundation.org/florida-online-sales-tax/ 19:22 – We’ve got reviews!  Thank you, De (via Podchaser), JGBC, and Jedda88 (via Apple Podcasts)!  21:34 – Netflix funds accounting program through CNM, NM Film Office » Albuquerque Journalhttps://www.abqjournal.com/2383393/netflix-funds-accounting-program-through-cnm-nm-film-office-2.html 25:27 – House OKs Bill to Make Weed Banking Legalhttps://www.cfo.com/regulation/2021/04/house-oks-bill-to-make-weed-banking-legal/ 28:30 – Why we ditched our accounting software for a bookkeeperhttps://zapier.com/blog/why-hire-a-bookkeeper 34:38 – Lumanu Talks Influencers' AR Challengeshttps://www.pymnts.com/news/b2b-payments/2021/lumanu-content-creators-influencers-accounts-receivable/ 36:23 – This is your brain on Zoom – TechCrunchhttps://techcrunch.com/2021/04/21/this-is-your-brain-on-zoom/ 38:21 – New Data Shows How American Workday is Getting Longerhttps://smallbiztrends.com/2021/04/american-workday-getting-longer.html 43:13 – Our Workplace of the Future Strategy – Intuit®: Official Bloghttps://www.intuit.com/blog/intuitlife/our-workplace-of-the-future-strategy/ 46:45 – Bill.com Announces Integrations with Microsoft Dynamics 365https://www.cpapracticeadvisor.com/small-business/news/21219374/billcom-announces-integrations-with-microsoft-dynamics-365 47:22 – Paymogy Invests In Invoice Stream For P2P Serviceshttps://www.pymnts.com/news/b2b-payments/2021/paymogy-invests-in-invoice-stream-for-p2p-services/ 48:20 – Pleo Debuts ‘Bills’ To Digitize SMB Invoicing https://www.pymnts.com/news/b2b-payments/2021/pleo-debuts-bills-to-digitize-smb-invoicing/ 48:39 – Bank of America’s Complete AP Helps Transform A Company’s Accounts Payablehttps://newsroom.bankofamerica.com/content/newsroom/press-releases/2021/04/bank-of-america-s-complete-ap-helps-transform-a-company-s-accoun.html 50:00 – Deluxe Acquires First American Payments For $960Mhttps://www.pymnts.com/news/partnerships-acquisitions/2021/deluxe-signs-960-million-acquisition-deal-for-first-american-payments/ 51:17 – Xero and Bookkeeper360 collaborate to help US small businesses navigate financial complexitieshttps://www.xero.com/blog/2021/04/xero-and-bookkeeper360-support-us-small-business/ 54:30 – Square Announces New Inventory Management Features for Retailershttps://finance.yahoo.com/news/square-announces-inventory-management-features-160000767.html 55:40 – Avalara Buys DAVO To Boost Sales Tax Automationhttps://www.pymnts.com/news/partnerships-acquisitions/2021/avalara-buys-davo-boost-sales-tax-automation-services/ 56:37 – Deel Raises $156M For Remote Payroll Solutionhttps://www.pymnts.com/news/investment-tracker/2021/deel-raises-156m-for-remote-payroll-solution/ 58:05 – Affirm To Buy Returnly For About $300 Millionhttps://www.pymnts.com/news/partnerships-acquisitions/2021/bnpl-firm-affirm-to-buy-returnly-for-about-300-million-in-cash-equity/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsXero: A Comprehensive Guide for Accountants and BookkeepersRealize Accountant Community: https://rlz.ioBKX Conference: https://bkx.com/tickets/Future Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Apr 29

1 hr 3 min

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindOdoo: https://cloudaccountingpodcast.promo/odoo Client Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:45 – The Interview with AICPA’s Ed Karl https://www.cloudaccountingpodcast.com/bonus222 Reviews – Thank you all!  4:41 – Nels Larsen CPA via Podchaser5:02 – The Finance Wizard via Apple Podcasts 5:26 – Scott Scarano via Apple Podcasts5:50 – Lolololoic via Apple Podcasts 6:12 – ItsmeBeek via Apple Podcasts 7:15 – Anonymous Listener email about Episode 222  11:56 – Legislative threat to CPA licensure stalls in West Virginia https://www.journalofaccountancy.com/news/2021/apr/legislative-threat-to-cpa-licensure-stalls-in-west-virginia.html 20:18 – IRS Chief Says $1 Trillion in Taxes May Go Uncollected Each Yearhttps://www.wsj.com/articles/irs-chief-says-1-trillion-in-taxes-may-go-uncollectedeach-year-11618337765 21:41 – U.S. sues Trump ally Roger Stone, alleging he owes about $2 million in unpaid taxeshttps://www.reuters.com/world/us/us-sues-trump-ally-roger-stone-alleged-nonpayment-federal-income-taxes-2021-04-16/ 23:00 – Listener voicemail! Thank you, Ian Crook! 26:40 – ACH Network Hits 2.7 Billion Monthly Paymentshttps://www.pymnts.com/news/payment-methods/2021/ach-network-has-record-setting-quarter/ 28:05 – IRS to roll out expanded Child Tax Credit on July 1https://www.accountingtoday.com/news/irs-on-track-to-roll-out-expanded-child-tax-credit-on-july-1 29:50 – Biden Seeks 10% IRS Funding Hike to Spur More Audits of Wealthyhttps://news.bloombergtax.com/daily-tax-report/biden-seeks-10-irs-funding-hike-to-spur-more-audits-of-wealthy 31:37 – More Listener Mail! Thank you, Amir Banihashemi!  32:08 – Get your value-pricing refresher here! https://www.cloudaccountingpodcast.com/221 37:47 – This accounting firm will let staff choose start times — and clock off early in the summerhttps://www.marketwatch.com/story/pwc-lets-u-k-based-staff-choose-start-times-and-clock-off-early-in-the-summer-11617275290 38:14 – Grant Thornton says almost 90% of staff want to work from homehttps://www.fnlondon.com/articles/grant-thornton-says-almost-90-of-staff-want-to-work-from-home-20210407 38:53 – CPAs are humans, too: Workplace relationships matter https://blog.aicpa.org/2021/03/cpas-are-humans-too-workplace-relationships-matter-1.html 40:34 – Fully Remote Work Will Make You Less Happy https://www.theatlantic.com/family/archive/2021/04/zoom-remote-work-loneliness-happiness/618473/ 44:39 – The Latest Workplace Perk: Cash Bonuses for Taking Vacationshttps://www.wsj.com/articles/the-latest-workplace-perk-cash-bonuses-for-taking-vacations-11617960601 46:58 – NetSuite Helps Organizations Capitalize on New Growth Opportunitieshttps://www.prnewswire.com/news-releases/netsuite-helps-organizations-capitalize-on-new-growth-opportunities-301267202.html  48:44 – NetSuite Expands Commitment to Accounting Communityhttps://www.netsuite.com/portal/company/newsroom/netsuite-expands-commitment-to-accounting-community.shtml 49:55 – Google migrates from Oracle financial software to SAP https://www.zdnet.com/article/google-migrates-from-oracle-financial-software-to-sap/ 51:08 – Grant Thornton releases controls testing apphttps://www.accountingtoday.com/news/grant-thornton-releases-controls-testing-app 51:38 – Announcing TruckersBooksOnline: A Mobile Bookkeeping Management Services App for Owner/Operator Truckers https://www.einnews.com/pr_news/538425423/announcing-truckersbooksonline-a-mobile-bookkeeping-management-services-app-for-owner-operator-truckers 52:45 – New Investors Discover Tax Pitfalls of Robinhood and Other Trading Appshttps://www.wsj.com/articles/new-investors-discover-tax-pitfalls-of-robinhood-and-other-trading-apps-11618565406 56:02 – David wants to hear your thoughts! 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. 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Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Apr 21

1 hr

Show NotesHow to Collect $1.4 Trillion in Unpaid Taxeshttps://www.nytimes.com/2021/03/20/opinion/sunday/unpaid-tax-evasion-IRS.htmlGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.TranscriptBlake Oliver: Welcome to The Cloud Accounting Podcast. I'm Blake Oliver. There's no way to say it other than the last 12 months have been a bit of a dumpster fire. It's been a challenge for everyone during this pandemic, but in particular, tax preparers have had to deal with changing deadlines, changing guidance, unclear guidance, changing laws. All of that, of course, coming out of all the changes with the tax cuts, and JOBS Act in the years leading up to this pandemic.  It's been a challenging time to be a tax preparer, and that's why I'm very pleased to be joined today by Ed Karl, CPA and Vice President of Taxation at the AICPA to dig into some of these challenges that we're having as a profession, talk about the issues at the IRS, and think long term about how we can fix this because it seems to be a problem that's been going on since, I don't know — 2010, we started to have issues. I've seen posts that you have written in 2014–2015 talking about issues at the IRS. Thank you for joining me and welcome to the show. Ed Karl: Thank you very much. I appreciate you having me.  Blake Oliver: How would you describe the last — how would you describe the pandemic for the tax profession? Ed Karl: Unbelievable challenges for the accounting profession. I've never in my lifetime seen the far-reaching personal ramifications that we all have addressed. Not only the challenges — just as an example, IRS had to shut down last year because of health concerns, social-distancing concerns. All of their physical locations were shut down. Yet because of security, and confidentiality reasons, a lot of their employees were not set up to work remotely. Whereas it may have been an easier transition for CPAs. For me, I haven’t been in the office since March 11, 2020; not once. I haven’t been in the office, but we’ve had a seamless transition for AICPA and an ability to function.  IRS didn’t have the same capacity because of security of data, confidentiality concerns. There are criminal sanctions for disclosing confidential taxpayer information, so they have broad concerns and have always taken it very seriously, so for them to transition where they possibly could to a remote processing, remote functioning was a lot more difficult. Then, a lot of their functions were not capable of transitioning to that. We're all familiar with the backlog of the mail, where it got up to something like 20 million pieces of mail at one point, or in excess of that. You can't do that at home. You can't process the mail at home. It's just incredible.  Not only have CPAs had to deal with the professional ramifications — this what I was getting to about the personal ramifications of having to work at home — making sure you have the capability of doing that, but then having kids at home. Plenty of people told me, “When I'm taking a conference call in the one extra office we have at home, my spouse is taking a call at the same time in the bathroom with kids running around the house.” It’s just really been an unprecedented time. Blake Oliver: You mentioned the IRS mail backlog, and there has been some dispute about this, it seems. Commissioner Rettig has said that the mail has been opened, and they are caught up on the mail. Maybe that only means that they have opened the mail, not necessarily that they have processed all of the returns, or forms. I see CPAs talking about how their stuff from 2019 hasn't been processed yet, and that is spilling over into 2020, and causing issues with penalties that have already been paid, but for some reason, the IRS hasn't cashed the check. Where are we with this, and when are we going to get caught up? Ed Karl: I think that's one of the reasons that they were a little bit adverse to changing the due dates this year because they had such a challenge handling the changes last year, and a lot of the ramifications that it caused for them. They weren't able to change their notice cycles. It's something we're still talking to them about with the notice cycles. We've asked them to consider putting a hold on that notice cycle for at least 90 days until after they catch up with everything, so that's a good question.  The commissioner did say at the end of last year that they've caught up with the mail, so I will say this, number one — being caught up with the mail doesn't mean that they don't have a backlog. That's number one. I think they have normal amounts of work that they do. They had boosted up to unprecedented levels, and I think they've gotten down to what might be a normal backlog for them. They're not going to have a day where they don't have unopened mail. The question is how much do they have, and when do they expect to get through it?  I think you alluded to the other piece of it — what they've done with that unopened mail. There's a lot of processing that goes into the cycles that they have beyond just opening the mail. I've been in many service centers. I've seen them open the mail. Opening the mail means that they run on an envelope through basically a sander. They sand off the bottom of an envelope because they don't want to cut it for fear of cutting what's in the envelope. They basically have a fine sander, where they take off the bottom edge. Then, it goes through a whole process of triaging what's in the envelope. They try to do some of it through post office boxes, but not all of that — Blake Oliver: I just want to make sure I'm clear on this. Opening the mail, according to the IRS, literally is just cutting a slit in the envelope. Ed Karl: I don't know the full picture of what the commissioner was alluding to. Blake Oliver: But we can assume that it hasn't gone all the way through processing, or we wouldn’t be having these issues — Ed Karl: I think that's fair to say because I'm hearing from too many CPAs saying, “My client made a payment — filed a return, made a payment last year, and we're still getting notices about it, and I don't understand why.” I think what you're saying seems to add up that they may have opened a certain level of mail, but they haven't continued, or finished processing, and updating the master files for all that data.  I've even heard of a number of people now who’ve e-filed returns. The e-filed returns don't go directly into the master file either for security reasons. You don't want to give a third party access to the master file, so the e-filing of returns goes into a separate database, and then that later gets merged into the master file for security purposes. I don't even know if all of that has been updated because I'm still hearing from CPAs who said they e-filed 2019 returns and are still getting notices that would indicate to them that the master file hasn't been updated. Blake Oliver: We’ve also got the issue of the phones. In that blog post I alluded to that you wrote back in 2015, I think it was, you had a chart in there that showed that the IRS used to answer something like 80 percent of the phone calls it received, and it had gone down to 40 percent. I believe, now, we're at an even lower percentage. Is that right? Ed Karl: I couldn't quote you a current percent. I frankly thought that percent would have gone up at this point, but I honestly haven't looked at the numbers. There was an unprecedented situation back — the one you’re referring to — where there were some significant cuts in IRS resources, and their service levels had really plummeted. I believe that the service levels since — I’ll guess at the time frame — around ’17, ’18, ’19, it started increasing.  Frankly, we had started following service levels by doing an annual survey of our members’ attitudes about IRS service levels. We do that right after filing season. This year, we're going to do this survey right after May 17 to understand — we do ask service levels. The last three, or four years, the numbers were upticking, the service levels were upticking, until last year, which not surprisingly, there was a problem again last year with those service levels, but before the 2020 pandemic year, they started increasing and improving from the years that you're referring to. Blake Oliver: They’ve started increasing — how do you measure that? What are they at right now? What is the AICPA member rating of IRS service levels? Ed Karl: I’m just talking relative improvement, and our members’ rating of service levels, so I don't have authoritative data on what the levels of service are. What I was trying to indicate was that our members, in the survey, and the statistically valid opinions of AICPA membership were indicating an improvement, not necessarily appropriateness, or appropriate levels, but improvement  Blake Oliver: Improvement from terrible, or to good? What is the objective scale of this? If we're just talking atrociously bad to somewhat less atrociously bad, that's not exactly a great thing. Ed Karl: Right. I wish I had that survey in front of me right now because I would pull it out and maybe we can do a follow up to talk about the survey data. You're asking a fair question — Blake Oliver: Maybe you could just tell me anecdotally. I understand — I don't expect you have the numbers right in front of you, but I'm just curious — what do you think? Is the IRS service level — Ed Karl: No. Clearly, the service levels are not acceptable where they are. I would say our members would back that up, in general, that the service levels are not acceptable. We took on a significant initiative because of the precipitous drops that we were seeing around 2015, and ’16. We've always gotten some level of complaint. The IRS deals in millions, and millions of taxpayer contacts, practitioner contacts every year, and many of them were going well, but a lot of them were not.  There were always complaints, particularly about notice cycles. That's always been an issue, even back then, and it's not fixed now. Notice cycles meaning my client got a notice. It's not correct. The CPA wrote a letter explaining why it was incorrect, and before the IRS opened it, and processed the response, they issued another notice to the taxpayer. That's always been somewhat of an issue, and that's gotten worse. Blake Oliver: It’s like making a payment on your credit card. The credit card company doesn't open the mail and receive your payment, and then they send you a late fee, right?  Ed Karl: Exactly.  Blake Oliver: And they say you haven't paid your bill. It just seems completely ridiculous that this would be the situation. I guess it wouldn't be ridiculous if this was only caused by the pandemic. We could understand that the IRS is still paper-based and that not being able to be in the office caused serious issues in that regard. Although, we could say, “Why weren't you paperless already when so many other tax authorities around the world have done so?” Setting that aside, this wasn't an issue that started in 2020. This was an issue that's been going on since the early 2000s. Ed Karl: 100-percent correct. You’re 100-percent correct. In some sense, the pandemic has shone a light on it, or — and made things even worse, right now, but we've been of the opinion for several years and have spoken about this in the past that there has to be some kind of alignment between Congress, and the Administration about the Internal Revenue Service, and that means a broad view. Some people speak about service. Some people speak about the audit process, and the audit rates, and the compliance process.  I would say the third leg of that stool has to do with technology. We think that there has to be an alignment between Congress and the Administration about what would be appropriate levels of service and compliance for the Internal Revenue Service, and then fund those levels.  You were asking me the exact right question — if your members are saying, over the last several years, that there was a positive uptick in the service levels, does that mean it went from horrendous to bad? We’ve seen additional funding go to the service, the last year, or two, but the question is what level of answering the phones does Congress believe is appropriate? Blake Oliver: It’s not just answering the phones though, right? It’s also this — Ed Karl: You're right. I’m just using that as an example — Blake Oliver: I apologize. I didn’t mean to cut you off there, but the reason I want to interject is that there have been a number of stories recently in the press about how audits of millionaires, and billionaires have declined precipitously. Very few corporations are being audited, or pass-through entities, I should say, are being audited in the single digits, or less than that.  In particular, The New York Times analyzed an IRS report that found what they claim is a $1.4 trillion tax gap that because the IRS does not have the means to audit, and its mostly corporations, and that we don't have a way of getting information about the revenue of corporations, other than through a voluntary self-reporting regime, in many cases, that unpaid federal income taxes may amount to more than $600 billion this year, and more than $7.5 trillion dollars over the next decade.  The question I have is — is the IRS underfunded, and is it not just a little bit underfunded, but dramatically underfunded? I was curious about the AICPA’s stance on this. In preparation for this interview, I found a page on the website IRS Taxpayer Services, where it discusses the AICPA meeting with congressional offices, and the IRS to increase funding $290 million for taxpayer services. I'm not sure how recent that is because there's not a date here.  I wanted to put that money in context because it seems like a lot of money, but the IRS budget is something like, what, $12 billion, so $290 million for taxpayer services, that’s 2.5 percent of the current budget. Then, I was shocked to learn that since 2010, the IRS budget has actually declined in today's dollars. It has gone from over $14.5 billion down to less than $12 billion in 2019. The number of full time-equivalents of IRS personnel has declined. It went from close to 85,000 down to less than 75,000.  How much of this problem is caused by the pandemic or, like you said, is exposed by it, but how much of it is just that we haven't funded the IRS. Then my question is wouldn't we, as a profession, be interested, and give more than a 2.5-percent bump for resources for them? Ed Karl: That comment by us, and it is quite a few years old, but it was the first instance in a number of years — you explained it correctly that there had been a drop in the IRS budget for a number of years. They had gone down from their high watermark. That was the first time Congress had started to increase, so we were recognizing that trend. We were in no way saying what an appropriate level was.  That's what I was saying a few minutes ago is that there has to be some kind of alignment between Congress, and the Administration about what service, compliance, technology needs are, and then fund those levels. For example, if you talk about the audit rate of high-net-worth individuals, and it's dropped — it dropped from, I don't know what percent it was, but let's just say it was a couple of percent. It wasn't 100 percent, and no one is saying it should be 100 percent.  What should that percentage be, and what's left on the table, and is that number accurately determined? What should that number be? There has to be an alignment between Congress, and the Administration about all of that, and then fund the organization, fund the agency to meet what you believe are the appropriate levels. If you believe below one percent audit rate for individuals is incorrect, what rate do you want? What rate do you want?  Blake Oliver: I'm not so much concerned about the rate of audits, although it is a bit embarrassing that it's much easier to be audited, as a low-income individual, than as a high-income individual. That seems backwards to me, but I'm not so much worried about the actual rate. I'm worried about the fact that there is very clear evidence that because we don't have enough IRS personnel that there's a tax gap, and that, like I said, we're losing something like $600 billion a year. That's a lot of money. Over 10 years, that could pay for three infrastructure packages.  Bringing this back to the current situation in Washington, we have the Biden administration that wants to pass a $2 trillion infrastructure bill. The way they want to pay for it is by increasing corporate taxes, taxes on domestic income, and also capturing foreign corporate income — profits that have been exported overseas — by instituting a minimum global corporate tax regime.  This would increase the burden on corporations significantly. They are often our clients. We probably do not want this on their behalf. They do not want it, but nobody's talking about how just by collecting the money that we are already due, we could pay for this entire infrastructure bill. $600 billion a year over a few years equals $2 trillion. Ed Karl: Right. That's an estimate, and again, when you say, “when it's due,” I don't know — I don't think that's assessed tax that the IRS has not collected. When you talk about the tax gap, it's the perception of how much — the correct amount of assessed tax versus what was voluntarily reported. Then, the question is — is that an accurate number? Again, I'll say this, if you audited [crosstalk 23:52] Blake Oliver: Just on that point, this is from an IRS report in 2019, as reported in The New York Times — I haven't dug into the report itself — I’ll read this. It says, “The IRS estimated that Americans report on their taxes less than half of all income that is not subject to some form of third-party verification, like a W-2.” We're talking about income — all income is taxed in this country, unless specifically excluded. We're saying that they are not reporting it. That's tax evasion. Ed Karl: There was a problem. I'm not trying to argue that there isn't a problem. There is a problem. There is a problem in the voluntary compliance system. Reasonable increases in third-party reporting have always shown that there is an improvement in voluntary compliance when that happens. The question is, number one, what's a reasonable third-party reporting? If you take someone that pays their plumber in cash, you're not going to necessarily ask an individual to file a 1099 [crosstalk 25:18]  Blake Oliver: We're not going to get all of it obviously, yes, but we could recapture some of it, certainly, right? Ed Karl: You could recapture some of it, and you could increase the audit rate. I've heard seven, eight times the amount of money you put into an audit, you'll recapture in additional taxes. There's a lot of money there, you're right. The question that I was raising is how much of that do you want to capture? You’re saying if you got all of it — what would you have to do to capture all of it? I don't think that [crosstalk 26:05] Blake Oliver: We might have an answer here. Charles Rossotti, who led the IRS from 1997–2002, he says that by investing $100 billion in the IRS over the next decade, the agency could collect $1.4 trillion in lawful tax revenue that otherwise would go uncollected — $1.4 trillion. Remember, we're talking about a $2 trillion infrastructure package right now, so this seems to me like a way to basically pay for most of it. Ed Karl: I'm not arguing against that. I'm actually agreeing. What I've been saying is that Congress, and the Administration should agree on what it is they want to capture — what level of compliance. You can do a study. I’m not an economist. Blake Oliver: Wouldn’t we want to theoretically collect all the tax that is due?  Ed Karl: 100 percent. AICPA — in fact, it's something that I've been involved with for years are tax ethical standards. We believe CPAs are very ethical. We believe that there should be a high degree of ethics in the tax system for everybody, and that taxpayers should pay the correct amount of tax, but then you get questions as to what the correct amount of taxes are. There’s just [crosstalk 27:39]  Blake Oliver: This doesn’t even go into tax policy. We're not talking about increasing tax rates. We're just talking about collecting unpaid tax — tax that is already due — Ed Karl: I’m agreeing with you. Right — Blake Oliver: Is that the position of the AICPA? You say that Congress, and the administration need to agree, but isn't it up to us to tell them what to do, to guide them, to lobby them? Ed Karl: Yes, and we’ve done that.  Blake Oliver: How much — it looks like to me — we're talking a $12 billion budget for the IRS, and we're talking about investing $100 billion to raise more than a trillion. That's a lot of money. Is that the actual position of the AICPA that we should dramatically increase the IRS budget? Do we have a number? Do we have a target?  Ed Karl: No, we don't have a target because we're not economists. We don't do studies like that. We deal mainly in tax administration. That's not our wheelhouse to determine what the correct level of the tax gap is. We haven't done that. We've talked about it in the past. We've talked about it from a tax policy perspective. We've talked about it from an ethics perspective. We've talked about it for years. Blake Oliver: It would certainly help improve the service levels at the IRS and catch them up on their backlog and all of that. Don't we need to do something? We can't just complain about the IRS service levels if we don't have a solution — we could offer a solution. We could say, “Do this — invest $100 billion in the IRS.” It seems like a no-brainer to me. Why don’t we advocate that?  Ed Karl: We’ve been advocating for a long time. We've been advocating for resources, as have other organizations. We've been advocating for an alignment of Congress, and the Administration to decide what appropriate levels of funding would be. You could say, “Collect all the unreported income, and you have a lot of money to pay for other services.” That's fine — Blake Oliver: We don't have to raise taxes, and that's in the interest of our clients. Ed Karl: That’s fine if that's what Congress wants to do and agree with the IRS to do it. That's fine. We've said that, but what I'm saying is it's not just about the money. We've also advocated for changes in tax administration. We issued a report several years ago about a broader — it's not just about resources. It's about congressional oversight, or governance objectives, or the way they function with human resources. We’ve made numbers, measuring taxpayer satisfaction as a way to improve service levels.  We've talked about something called the practitioner services division, which would utilize represented taxpayers. Just as an example, all the taxpayers that CPAs represent, and have the IRS better function with represented taxpayers so that the IRS could better function with unrepresented taxpayers and leverage those people who are already getting some level of service. We've made broad numbers of recommendations over the years, including a change in the approach to resources.  It's not just about resources. In some sense, there is an easy answer — you're going to collect all this money — but you have to have the right compliance initiatives. You have to have the right approach. There are different ways to capture that money. You have to have different approaches to the compliance initiatives that work. You have to have appropriate appeals services because taxpayers should be afforded their rights.  You can put money into compliance, but it doesn't mean that all the compliance initiatives work appropriately. There are a lot of other initiatives that we've been involved with over the years to improve the tax administration system. Money is not the only thing. Money is an important consideration — I'm not saying you shouldn’t focus on that — but there are a lot of other issues to focus on. Blake Oliver: Do you have a number that you would like to see the IRS budget be at?  Ed Karl: No. Again, we're not economists. We haven't done a study on what appropriate levels would be. Again, you mentioned, what, $14 billion? What if you doubled that? Is that the appropriate number? I couldn't answer that. Blake Oliver: This former commissioner is saying not just double it; he’s saying add $100 billion to it, so eight, nine times? I'm seeing what is being proposed out there, in the press, and dramatic steps. I’m searching around trying to figure out what is the AICPA position on this, and I can't figure out what it is. It seems to be very vague. Ed Karl: Again, we don't have a position on what an appropriate funding level is for the IRS. We don't say that it should be $10 billion, $12 billion, $100 billion. What we say is that there should be a balance — this is just about resources because we have positions on many other things regarding taxing administration, but with regard to resources, there are arguments about what that appropriate level is. You're asking the same question now — what is the appropriate level? I don't know what the appropriate level is, but to be fair to the agency, and to be fair to the American public, that is a determination that Congress should make through its budgeting process in consultation with the IRS to determine what that appropriate level is. Now, again, if you say, “What's the appropriate funding level?” you have to back that. What does that mean about how many phone calls are answered and how quickly? Blake Oliver: Right, service levels. Can we at least say what an appropriate service level is? Ed Karl: I don't — Blake Oliver: What should they be aiming for? We should be advocating for the IRS to do X to fix the problems for our practitioners, right? Should we say that we want every CPA, when they call on behalf of a client, to be able to get through to somebody at the IRS 90 percent of the time, or more, maybe?  Ed Karl: When you say to get through 90 percent of the time, what does that mean? [crosstalk 35:23] the phone is answered the first time it rings? Blake Oliver: I think the problem right now is that something like 70 percent of phone calls are going unanswered, period. People give up because it takes so long. I hear about tax preparers who are on the phone for half a day to try and get somebody, and then they are disconnected.  If we're not going to give a number for the budget, or advocate in that regard, shouldn't we at least advocate for some sort of minimum standard of service? It seems like money would help. It seems crazy to me that we are saying, “IRS, you are doing a bad job at serving our members, but we're not going to advocate that Congress give you any more money.” Ed Karl: Again, that's not what I'm saying. With regard to service levels on a phone call, for example, we have spoken up very vociferously for years that the ability to get through on the phone is not appropriate. The question is what is an appropriate level? They had something called “courtesy disconnects” — that's crazy — where CPAs would be on hold for two hours, and then the courtesy is to say, “We're hanging up on you,” and then, you get hung up on, rather than just being disconnected without knowing that you're being disconnected. That's a courtesy disconnect.  We think that's inappropriate, and we told them so. Waiting for two hours on the lines to get through, from a CPA's perspective, is a waste of time, and it's not appropriate. Now the question is what is appropriate? We've spoken to them about talking to a credit card, or banks, or other service-industry call centers, and what they're doing. What is inappropriate? You may call an airline and have to wait 20 minutes? Is that appropriate? Is that the appropriate level? Blake Oliver: Shouldn’t we have an opinion on that? What do you think? I think if I call the IRS, as a practitioner, shouldn’t — I would love if they would pick up the phone within 20 minutes. I'd be happy, but I’d like sooner. That would be great, too. Ed Karl: Right. So, what's the answer? Is it [crosstalk 38:02]? Blake Oliver: Our members would tell us. Ed Karl: Our members would love to — it rings once, and someone picks up, and they get an appropriate answer. Blake Oliver: Maybe we ask for that, and then, if we don't get it, we get something less than that, but at least we asked. Ed Karl: Yes, but that may not be even within service industry standards, so to recommend something — Again, I don't know. That's not my wheelhouse. We do deal with tax administration, but we don't deal with phone levels of service and what's appropriate. What is there today is not appropriate. What is an appropriate level — again, what we say —   Blake Oliver: Our position, the AICPA position, is that what is there is not appropriate. It needs to improve. How much, we don’t know. How much money they need, we don't know? Ed Karl: What we've said is that Congress, and the IRS should develop what they both agree to are appropriate levels of service, and the Congress should fund to that, and there should be measurements of how IRS performs to those levels that are expected. That is the minimum of what we expect. Blake Oliver: We’ve been saying that for years now, right?  Ed Karl: We've been saying that for several years, yes.  Blake Oliver: And they haven't done it.  Ed Karl: They haven't done it. We've also asked for them to increase — before that, we asked them to increase funding levels. They haven't done it; so have other organizations asked for funding. Government has limited resources, and they haven't done it. We've advocated different approaches.  We've advocated different types of improvements in tax administration, some of which they adopt. For example, this practitioner services division that I mentioned, there was an act, July of 2019, called the Taxpayer First Act. We recommended a practitioner services division, which would leverage limited resources to improve service, and it seems like they’re considering something like that. They put a report out at the end of last year, and it looks like maybe they're considering something like that.  We're following those types of things and trying to promote different ideas of improving tax administration, improving customer service, improving compliance levels, improving approaches to examinations, but again, I don't have the expertise to tell you what the audit rate should be. Should it be below one percent that it's at now? Should it be 1.5 percent? Should it be five percent? It'll never be 100 percent, so the question is where, between what it is today, and 100 percent, is the appropriate level? Part of it is the [crosstalk 41:19] factor — Blake Oliver: How is Congress going to know that without somebody telling them? They're not accountants. We could guide them in that. We could tell them, “Here's what we think is appropriate for each ...” [crosstalk 41:30] Ed Karl: What I’m saying is that isn’t our expertise. We do talk to them about a lot of things — tax administration issues — that are in our area of expertise. Levels of phone service are not in our expertise; speaking out where we hear complaints, and concerns, and passing those on, and recommending changes to try to improve, we do. We do that all the time. I can't say that the phone should be answered the first time it rings. I can't say that's what it should be. To be on hold for two, or three hours, and then hung up on? We can say that it's not, and it has to improve, and we've done that, but — Blake Oliver: How do they improve it without the funding to do it? How do they — do you think they're underfunded? Ed Karl: Again, it's not an issue of underfunding. It's a question of finally measuring, and you're saying the same thing. You’re saying improve their funding. You’re saying [crosstalk 42:52] should tell them what the appropriate levels are. I'm agreeing that someone should tell them, who has the technological, and other experience to tell them what those levels should be. I wish we did, but we don't have that expertise. Blake Oliver: Can we go get it? I'm just trying to think, who else is better suited to do this? We're the ones who deal with the IRS all the time, more than anyone else. We have the closest relationship with them on behalf of all the taxpayers in this country. Why can't we have an opinion on it? Why aren't we experts on this? I know a lot of accountants who have opinions on this. I surveyed Twitter — most of my Twitter followers are accountants. I asked, “Do you think the IRS is underfunded?” 77 percent said very underfunded; 15 percent said somewhat underfunded. Ed Karl: Right. Let's just say they're underfunded. What is the appropriate funding level? Blake Oliver: If we can spend a dollar, and get $7–$10 revenue, it seems to me that the level of funding should basically be equivalent to whatever we can spend to get the revenue that's not being collected right now. The IRS is not collecting all of the legally due income tax in this country.  Ed Karl: That's money going into compliance. That's not money — they need money to devote into the technology infrastructure.  Blake Oliver: Right, all of it.  Ed Karl: They need money in service. That money may not directly bring in a multiplier of taxes. I would say, in some levels, by improving service, you improve taxpayers’ interest in wanting to voluntarily comply. Not everybody [crosstalk 44:56] but it’ll help.  Blake Oliver: I guess the reason I'm thinking of this right now is that there's this humongous infrastructure proposal. We're talking about spending trillions of dollars. There's a lot of money flying around right now. It seems like somebody could be standing out there talking to the press, and we could be saying, “Hey, everyone, look over here! We don't have to increase corporate tax rates in order to pay for this bill.” That's our expertise. We know corporate tax. That's our thing — Ed Karl: Actually not. Let me clarify — we've never advocated on tax rates. Blake Oliver: This is not a tax-rate thing, though. This is just collecting the rate that already is there. It's collecting all of that. There's a gap, and that's because the IRS is underfunded that they cannot collect all of this money. That, to me, seems like a pretty reasonable, logical chain.  If they had more money, if we funded the IRS dramatically more — and we're only talking $100 billion out of $2 trillion. It's a tiny little fraction — we could basically reduce the price of the stimulus bill. We could cover that cash with more revenue for the government that is already due.  I used to manage accounts receivable for businesses, and it would be like if I just was letting half of my accounts receivable go because I just I didn't have enough — I wasn't investing in enough AR clerks to collect it all, and I was just allowing customers not to pay their bills. It seems nuts. Ed Karl: Yes, but evenbusinesses don't go after every dollar that it’s owed. At some point, they'll say there's a diminishing return, from a business decision perspective — Blake Oliver: Right, but would any business allow half of their revenue to go? Ed Karl: Probably not. I don't know that what's outstanding is half. I don't think it's close to half, but it's a significant amount. I'm not trying to argue that there's not a lot. I'm not saying there shouldn't be more done to improve that. Again, CPAs are not economists. Our wheelhouse is administrability. We focus heavily on helping IRS improve the administrability of the system. When I talked about tax rates, you don't need to increase the corporate rate, or the individual rate if you just collected everything that was legally owed, and that may be — Blake Oliver: Not even everything. We’re like a third; a third of what's currently going missing. Half of all income that is not reported on a W-2 is not reported to the IRS. That is according to their own report. That's their estimate. Obviously, it's an estimate, but it's a lot of money. We can assume that even if the estimate is off by a significant amount, it's still a lot of money, and it's worth capturing. It would pay for a lot of these additional programs.  I'm not in support, or against the additional spending that is happening on Capitol Hill right now, but if we can reduce the pain to our clients, our corporate clients, who are going to be faced with higher tax bills with a solution, we could advocate for that. We should be shouting from the rooftops that here's a solution that will not increase corporate tax rates. Ed Karl: Again, that's not where we advocate, right? You're talking about let's advocate for something that won't increase the corporate rate, or the rate on high-net-worth individuals. The question is what is the appropriate tax rate for corporations? It's a lot. It’s not just a [crosstalk 49:02] Blake Oliver: We don't even have to ask that question. We don't even have to face that. That's a political question. I understand that we should not have an opinion on the specific rate, necessarily, but we can — nobody likes higher taxes. I don't think anybody wants to pay higher taxes for no reason.  If we can achieve the same objectives without raising taxes, isn't that something we could advocate for? The ancillary benefit is that we also could improve service levels at the same time because if the IRS suddenly had a lot more money, they could hire the people with the experience do all this stuff — Ed Karl: Just remember that that money doesn't necessarily go to service. Again, how much of the money are they going to put in — you're talking if you gave them a lot more money, they would collect all the unreported income —  Blake Oliver: You give a dollar to the IRS; they bring in another seven or eight bucks. You said that. Maybe we give them a dollar for compliance, and then we all — Ed Karl: A dollar for compliance, right, a dollar [crosstalk 50:18]  Blake Oliver: We could also say, if they're getting — this is the thing: if the IRS is bringing in more money, then there may be more interest in improving taxpayer services, and resources. There's a lot of ways that we can make things better. It seems like there’s a really high ROI. If I'm looking at this as a business decision, and I have a project, and I could invest a dollar, and make eight, I would absolutely do it. Ed Karl: Again, we've advocated for improvements in resource levels for a number of years. We've shifted to talk about coming to an agreement because that wasn't being picked up on. We weren't the only organization to do that. We focused on having Congress talk to IRS about appropriate compliance, appropriate service, appropriate technology levels of funding to improve the agency to set measures, and performance goals so that there would be improvement. We've talked about the tax gap for a number of years. We've talked about ethical gaps for years. We've talked about transparency of reporting, and supported transparency of reporting.  We provide, every year, numerous tax-administration improvements. Again, the one thing that we don't focus on — we don't have that expertise to determine — maybe there are companies that do that type of analysis that could work with IRS to do that. That isn't something that we have the expertise to do to determine what that level is and collect an appropriate level of the tax gap. Again, whatever that tax gap is, collect it, but we've been advocating for these things for years, all of these things. It isn't just one thing. There's an allocation of those resources, as well. Again, putting a certain amount of money into compliance and collecting that, you would hope that some of those funds would find their way back to IRS to improve other areas. The money that they collect goes to the Treasury Department. It doesn't go to the agency for its use. Blake Oliver: How do we change the situation? We've been advocating for these things without specifics because that's not our area of expertise, for years, and it hasn't gotten any better. How do we get out of this slump? Ed Karl: We've been trying to promote the idea that this conversation has to happen like you’re talking about it. Blake Oliver: We need more of this conversation in the public.  Ed Karl: I've been trying to do — we’ve been trying to generate more press interviews about the funding process. It's starting to pick up, and I've had more interviews over the last several months about these types of things and talking about the same thing about changes at the organization. I mentioned the Taxpayer First Act. IRS is saying that there are certain funding needs that they have to implement the Taxpayer First Act. We’re trying to promote the changes that would be brought about by the Taxpayer First Act, and the report that IRS issued.  We try to promote this when we have meetings in Capitol Hill. We talk about funding; we talk about services; we talk about compliance levels. We do it in press interviews. It's why I wanted to speak about it now, but again, we are lobbying on behalf of the CPA profession, and in areas of us expertise, which is tax administration, administrability of provisions, how to improve that, how to make that work better.  We try to shine light on when there are problems. Honestly, when you say, “What is an appropriate telephone service level?” I couldn't answer that. There are measures of that that I wouldn't even begin to understand. How many people do you need in one shift? How many taxpayers might call in one hour, or how many CPAs, or other practitioners might call in one hour and have different needs of service than — a taxpayer, and a CPA don't need the same people to speak to [crosstalk 55:48] Blake Oliver: I'll help you out. I have an idea. I will survey my listeners and ask them what they think an appropriate service level is for phone calls. What else should we do? How quickly the IRS should open the mail? We could at least do the phone calls. Then, let’s see what people would be happy with. Ed Karl: I don't know how to respond to that one. We do something similar. We ask our members about their attitudes about service levels, and that helps infuse our interactions with IRS, with the oversight subcommittees, and passing on concerns, and trying to shine the light on where there are problems and trying to get improvements. I think what you're talking about would do something similar, but it wouldn't measure what the appropriate level of service would be; it would tell you what users think the appropriate level should be, without understanding the cost to get there. Blake Oliver: It would be the opinion of our members, right?  Ed Karl: Right, and I think that's important. I'm saying we do something similar. I would encourage you to do that, but then, you have to think through how you ask the question — what the responses would be; are there follow-ups to that? We do some similar things. They are data points that we use — important data points. Again, if there are trends up or down, those are important for us to know, and to pass on. The answers that you're going to get, again, ultimately, it's Congress that funds the Administration.  Today, there was a budget request out; there was information already starting to come out about what the Biden Administration is requesting, in terms of its budget. Those budget requests go to Congress. Congress has to appropriate that money, so it's Congress's constitutional responsibility to appropriate funds to run the Administration. It's the President — the executive branch's responsibility to allocate those or use those funds with all the different agencies.  Blake Oliver: It's our role to lobby them on behalf of our members.  Ed Karl: Correct, and we do. Blake Oliver: I guess I would just say — this is my personal opinion — let’s give them harder numbers. I think congresspeople have trouble understanding anything that isn't black, or white. When we say vaguely increase funding levels — I would love to see something dramatic, I guess. I don't know, but I understand where you're coming from. It is not something that the AICPA has advocated for in the past, and it gets into that political thorny issue. Ed Karl: It's not just a politically thorny issue. It's an issue of where we have expertise, and what — I hear what you're saying: to be more visible, to be more specific in what funding levels are. Ultimately, it becomes the responsibility of Congress, and the Administration to agree on what those funding levels will be. What we're saying is that it's not fair to hold an agency accountable without having levels agreed upon.  I don't think you'll ever see a Congress just give unlimited levels of funding to any agency, including the IRS. We've tried to say that there is a multiplier. We've said that, that that should be taken into account. The political reality is that seven, or eight times the money that comes in doesn't come in the same budget year. It doesn't come in even in the same congressional cycle.  Ultimately, when you say, “If you've been pushing for these different things, and they're not successful, then change them,” we have changed our approaches. We're trying to change them in a way that we think would be more realistic, but I think even us deciding on certain service levels — and I'll give you an example. We've done this in the past, where we've paid an economist to do a study on funding for a certain thing — certain types of legislation — and Congress chooses not to agree with it. We spent lots of money in the past trying.  That’s one of the reasons — again, it's not our area of expertise. It costs a lot of money to do, and then it's not listened to, or not agreed to. We've paid outside parties to do some economic studies, and then not a drop of it was listened to. They'll say, for example, “The assumptions made in the economic analysis, we don't agree to.” That's what happens.  You're pushing for laudable goals; you're pushing for more specifics; you're pushing for narrowing the tax gap, which would have a revenue multiplier effect, which could be used for other government services. If Congress decided not to raise taxes, that could be considered also. Again, that's a political-economic decision. These are all laudable goals, many of which are not within our wheelhouse; many of which — some of which we've tried in the past have also not been successful.  We've been focusing on areas of tax administrability, where we have had a lot of success, and a lot of changes, and a lot of improvement, which makes the system work better. That's the area that we've tended to focus on, where we’ve had a big uptick, and a big take up in the ideas. The ones that are more economically focused are expensive, and we've not had a Congress agree, or others agree to say, “Those analyses are what we want to believe.” Blake Oliver: Ed, it's been a pleasure speaking with you. Thank you for all of your time today. I have been speaking with Ed Karl, CPA, Vice President of Taxation at the AICPA. Ed, if people want to learn more about what you do, in terms of tax advocacy, and the AICPA, where is the best place for them to go online? Ed Karl: We do have a website — AICPA — If you google, or search for AICPA tax advocacy, you'll get to our home page. We have information about what we do. There's information — all of the comment letters, and position papers that we take are found there, as well, so it will give you a lot of information about our tax policy, and advocacy mission. Blake Oliver: Thank you so much. Great talking with you. Ed Karl: Thank you very much. I really appreciate it. 

Apr 14

1 hr 4 min

Sponsors Dext: https://cloudaccountingpodcast.promo/dext Rewind: https://cloudaccountingpodcast.promo/rewind Odoo: https://cloudaccountingpodcast.promo/odooShow Notes1:47 – Blake’s Discussion with Ed Karl, Vice President of Taxation at the AICPAhttps://www.cloudaccountingpodcast.com/bonus222 6:37 – Shutter Venue Operators Grant Snafu 7:45 – SBA SVOG Tweethttps://twitter.com/SBAgov 8:35 – Why Can’t Stimulus Checks Arrive Faster?https://www.wsj.com/articles/why-cant-stimulus-payments-arrive-faster-1161763120910:40 – Billions waiting in 2017 federal refundshttps://www.accountingtoday.com/news/billions-waiting-in-2017-federal-tax-refunds 11:38 – China Creates Its Own Digital Currency, a First for Major Economyhttps://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118 17:27 – Facebook: 25 Pct Of SMBs Closed Around Worldhttps://www.pymnts.com/economy/2021/facebook-25-pct-of-smbs-closed-around-the-world/ 18:29 – Pickup in CFO Optimism Continues in Q1https://www.cfo.com/the-economy/2021/04/pickup-in-cfo-optimism-continues-in-q1/ 25:06 – Global minimum tax gains momentumhttps://www.accountingtoday.com/articles/global-minimum-tax-momentum-gains-with-g-20-seeing-mid-year-deal 25:37 – IRS Program Summary by Budget Activityhttps://home.treasury.gov/system/files/266/19.-IRS-FY-2021-BIB.pdf 27:47 – How to Collect $1.4 Trillion in Unpaid Taxeshttps://www.nytimes.com/2021/03/20/opinion/sunday/unpaid-tax-evasion-IRS.html 30:15 – Blake’s Discussion with Ed Karl, Vice President of Taxation, AICPAhttps://www.cloudaccountingpodcast.com/bonus222 38:44 – Wealthiest Taxpayers Cheat IRS Out of $400 Billion a Yearhttps://cpatrendlines.com/2021/04/09/wealthiest-taxpayers-cheat-irs-out-of-400-billion-a-year/ More IRS Reading:  173% Increase in IRS Correspondence Backloghttps://cpatrendlines.com/2021/04/08/irs-lags-on-compliance-correspondence/ The IRS’s $3-Billion Problemhttps://cpatrendlines.com/2021/03/22/92-of-paper-returns-stuck-in-backlog/ IRS Commissioner Chuck Rettig Response https://www.c-span.org/video/?509965-1/irs-commissioner-rettig-testifies-tax-filing-season 41:00 – An update about Xerocon 2021 | Xero Bloghttps://www.xero.com/blog/2021/04/xerocon-2021-update/ 41:20 – Sage Transformhttps://www.sageintacct.com/transform 43:10 – Check out AccountingConferences.com for all the latest on ’21 conferences!https://accountingconferences.com/ 44:00 – Dallas firm buys provider of property tax data softwarehttps://www.accountingtoday.com/news/dallas-firm-buys-atlanta-provider-of-property-tax-data-software 44:40 – Ramp Reaches Record-Setting $1.6B Valuationhttps://www.pymnts.com/startups/2021/ramp-reaches-record-setting-valuation/ 46:48 – Blue Dot's AI Helps You Manage, Comply With Tax Accounting and Codes: Company Raises $31 Million— How It Workshttps://www.techtimes.com/articles/258835/20210407/blue-dots-ai-helps-you-manage-comply-with-tax-accounting-and-codes-company-raises-31-million—-how-it-works.htm 47:12 – Blue Dot raises $32M for AI that helps companies comply with tax codeshttps://venturebeat.com/2021/04/07/blue-dot-raises-32m-for-ai-that-helps-companies-comply-with-tax-codes/ 48:50 – How Per Diem Payments Can Simplify Your Accounting and Taxeshttps://finance.yahoo.com/news/per-diem-payments-simplify-accounting-134500596.htmlGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsXero: A Comprehensive Guide for Accountants and BookkeepersRealize Accountant Community:  https://rlz.ioAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Apr 14

58 min 18 sec

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:44 – Talking #StopAsianHate and ties to the accounting world  6:06 – We’ve got reviews!  Thank you, Smeanser, AggieCPA,  and Larisa Lopez  7:59 – Do some good! Leave us a review on Podchaser, during #Reviews4Good 2021!  9:42 – Listener mail from Danny Burns  – pricing methodology 20:34 – Listener mail from Stephen Brown – ACH issues 25:54 – Jeff Bezos’ investment fund is backing a startup hoping to be the AWS for SMB accounting – TechCrunchhttps://techcrunch.com/2021/03/27/jeff-bezos-investment-fund-is-backing-a-startup-hoping-to-be-the-aws-for-smb-accounting/ 26:33 – Pilot's $100m Funding Round: What it Means for the Accounting Profestransactionshttps://www.botkeeper.com/blog/pilots-100m-funding-round-what-it-means-for-the-accounting-profession 29:22 – SMB accounting platform Pilot doubles valuation with mega-roundhttps://www.emarketer.com/content/smb-accounting-platform-pilot-doubles-valuation-with-mega-round 34:47 – Auditoria raises $15.5M to expand AI platform automating repetitive accounting taskshttps://venturebeat.com/2021/03/31/auditoria-raises-15-5m-to-automate-repetitive-accounting-tasks/ 38:26 – Intuit updates QBO Accountanthttps://www.accountingtoday.com/news/intuit-updates-qbo-accountant-and-is-recruiting-for-the-accountant-council 38:59 - QuickBooks Online new features and improvements – March 2021https://quickbooks.intuit.com/blog/whats-new/quickbooks-online-new-features-and-improvements-march-2021/  40:13 – Accelerating API-Based Automation Offerings With Cloud Elements | UiPathhttps://www.uipath.com/blog/uipath-accelerates-api-based-automation-offerings-with-cloud-elements  41:15 – Latest product news – April 2021https://www.xero.com/blog/2021/04/latest-product-news-april-2021/ 41:39 – Wolters Kluwer adds crypto tax capabilities to CCH productshttps://www.accountingtoday.com/news/wolters-kluwer-adds-crypto-tax-capabilities-to-cch-products 42:35 – New & Improved in FreshBooks: Profitability Details Report, Invoice PDFs, and Morehttps://www.freshbooks.com/blog/product-updates-march-2021  43:02 – Sage debuts data and analytics platformhttps://www.accountingtoday.com/news/sage-debuts-data-and-analytics-platform 44:36 – California firm creates accelerator program for entrepreneurial CPAshttps://www.accountingtoday.com/news/california-firm-creates-accelerator-program-for-entrepreneurial-cpas 46:44 – Blake pontificates on off-balance-sheet financing and new tech startups  51:17 – Roblox Loses an Accounting Fight With the SEChttps://www.barrons.com/articles/the-sec-told-roblox-to-change-its-accounting-heres-what-it-means-for-the-stock-51617217979Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsRealize Accountant Community:  https://rlz.ioAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Apr 7

56 min 15 sec

Show Notes (1:50) Paycheck Protection Program (8:18) Employee Retention Credit (18:18) Shuttered Venues Operators Grant (25:29) Restaurant Revitalization Fund 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Apr 1

33 min 31 sec

SponsorsOnPay: https://cloudaccountingpodcast.promo/onpayRewind: https://cloudaccountingpodcast.promo/rewindOdoo: https://cloudaccountingpodcast.promo/odooShow Notes2:07 - The pandemic made us all coworkers — whether we like it or nothttps://www.msnbc.com/opinion/slack-s-new-dm-feature-proves-we-re-all-office-n1261983 3:00 - Slack’s walkback of its new DM feature is a sign of user powerhttps://www.marketplace.org/2021/03/25/slacks-walkback-of-its-new-dm-feature-is-a-sign-of-user-power/ 3:38 - Zoom Wants You to Zoom Even When Using Other Companies’ Appshttps://www.wsj.com/articles/zoom-wants-you-to-zoom-even-when-using-other-companies-apps-11616419800 4:45 - SURVEY: Phone, Email Tied for Client Communicationhttps://cpatrendlines.com/2021/03/21/survey-phone-email-tied-for-client-communication/ 9:05 - HR Tech Startup Ease Raises $41 Million To Help Small Businesses Better Support Their Employeeshttps://www.forbes.com/sites/kristinstoller/2021/03/25/hr-tech-startup-ease-raises-41-million-to-help-small-businesses-better-support-their-employees/ 9:23 - Jeff Bezos-backed accounting start-up hits $1.2 billion valuation after new funding roundhttps://www.cnbc.com/2021/03/26/jeff-bezos-backed-start-up-pilot-hits-1point2-billion-valuation-.html 19:52 - It’s time to end re-authenticating every 90 days: Have your say | Xero Bloghttps://www.xero.com/blog/2021/03/end-re-authenticating-every-90-days/ 23:05 - Xero to acquire Tickstar to drive adoption of e-invoicing globallyhttps://www.xero.com/blog/2021/03/xero-driving-e-invoicing-adoption-globally/ Xero buys Swedish-based company Tickstar after Planbuy acquisitionhttps://www.theceomagazine.com/business/innovation-technology/xero/ 25:45 - Mandatory audit trail of companies' accounts to curb backdate entrieshttps://www.businesstoday.in/current/economy-politics/mandatory-audit-trail-of-companies-accounts-to-curb-backdate-entries/story/434847.html 28:52 - Opinion | How to Collect $1.4 Trillion in Unpaid Taxeshttps://www.nytimes.com/2021/03/20/opinion/sunday/unpaid-tax-evasion-IRS.html 31:20 - Richest 1% hide a fifth of their income from the IRShttps://www.accountingtoday.com/articles/richest-1-of-americans-hide-a-fifth-of-their-income-from-the-irs 31:27 - IRS failed to collect $2.4B in taxes from millionaireshttps://www.accountingtoday.com/articles/irs-failed-to-collect-2-4b-in-taxes-from-millionaires 31:55 - IRS audits of millionaires plunged 72%https://www.accountingtoday.com/news/irs-audits-of-millionaires-plunged-72-in-8-years 32:43 - IRS Has Recruiting Problems, Toohttps://cpatrendlines.com/2021/02/25/irs-has-recruiting-problems-too/ 34:56 - ServiceTitan, Software Provider For Tradespeople, Reaches $8.3 Billion Valuationhttps://www.forbes.com/sites/alexkonrad/2021/03/26/servicetitan-software-provider-for-tradespeople-reaches-85-billion-valuation/ 35:11 - BQE Software secures growth investment for accounting suitehttps://www.accountingtoday.com/news/bqe-software-secures-growth-investment-for-accounting-suite BQE Software Secures Significant Growth Investment from Serent Capitalhttps://www.businesswire.com/news/home/20210324005338/en/BQE-Software-Secures-Significant-Growth-Investment-from-Serent-Capital 36:01 - Dallas Tech Startup, BaCo Tech, Receives US Patent for CPA Firm Transaction-Based Workflowhttps://www.businesswire.com/news/home/20210323005845/en/Dallas-Tech-Startup-BaCo-Tech-Receives-US-Patent-for-CPA-Firm-Transaction-Based-Workflow 37:12 – A review! Thank you, Adam CPA!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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsClientHub - https://clienthub.app/Launch for Accountants: https://www.launchfa.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Mar 31

41 min 37 sec

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Rewind: https://cloudaccountingpodcast.promo/rewind Attend Rewind's Webinar Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes2:53 - U.S. Treasury has sent out $242B in stimulus checks so farhttps://www.accountingtoday.com/articles/u-s-treasury-has-sent-out-242b-in-stimulus-checks-so-far 5:50 - More Than Half Of Small Businesses Have Reopened: Surveyhttps://www.cfo.com/the-economy/2021/03/more-than-half-of-small-businesses-have-reopened-survey 10:10 - IRS postpones April 15 deadline - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/mar/irs-postpones-april-15-tax-filing-deadline.html 14:39 - IRS to automatically process refunds on jobless-benefit paymentshttps://www.accountingtoday.com/articles/irs-to-automatically-process-refunds-on-jobless-benefit-payments 15:10 - House passes PPP deadline extension in 415-3 vote - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/mar/ppp-application-deadline-extension-bill-gains-backing.html House votes to extend PPP deadline until May 31https://www.accountingtoday.com/news/house-votes-to-extend-ppp-deadline-until-may-31 17:35 - Tax season turns into 'dumpster fire' for advisors, clients after stimulus bill passeshttps://www.accountingtoday.com/news/tax-season-turns-into-dumpster-fire-for-advisors-clients-after-stimulus-bill-passes 18:10 - SBA defers repayment of disaster loans until 2022https://www.accountingtoday.com/news/sba-defers-repayment-of-eidl-disaster-loans-until-2022 20:27 - BDO and Xero join forces in global agreement | Xero Bloghttps://www.xero.com/blog/2021/03/bdo-and-xero-join-global-agreement/ BDO becomes first Xero Global Partnerhttps://www.accountingtoday.com/news/bdo-becomes-first-xero-global-partner 22:42 - Changes Rolling Out to QuickBooks Payments - insightfulaccountant.comhttps://www.intuitiveaccountant.com/payroll-merchant-services/changes-rolling-out-to-quickbooks-payments/ 24:43 - The Revolt Against the 30% Mafia. When did Big Tech gatekeepers from Apple to DoorDash decide they were entitled to a third of the internet’s sales?https://marker.medium.com/the-revolt-against-the-30-mafia-4193aa4b2dcf 31:18 - Trullion Announces Real-Time, AI-Powered Accounting Platform, Secures Seed Financinghttps://www.businesswire.com/news/home/20210316005168/en/Trullion-Announces-Real-Time-AI-Powered-Accounting-Platform-Secures-Seed-Financing 32:25 - What's new in Sage Intacct's Release 1 2021https://www.accttwo.com/blog/whats-new-in-2021-sage-intacct-release-1 34:00 - Stripe: $95B After New $600M Funding Roundhttps://www.pymnts.com/news/investment-tracker/2021/stripe-valued-at-95-billion-after-new-600-million-funding-round/ 34:55 - Squarespace Raises $300 Million Investment Round at $10 Billion Valuationhttps://newsroom.squarespace.com/blog/squarespace-raises-300-million-investment-round-at-10-billion-valuation 35:23 - Jeffrey Katzenberg’s WndrCo, Michael Ovitz Invest in Production Payroll Startup Wrapbook as Part of $27M Roundhttps://variety.com/2021/digital/news/wrapbook-funding-jeffrey-katzenberg-wndrco-michael-ovitz-1234924978/ Wrapbook Talks Entertainment Industry Payrollhttps://www.pymnts.com/news/b2b-payments/2021/wrapbook-payroll-entertainment-project-economy/ 38:10 - College accounting programs not covering emerging topics: AICPA/NASBA reporthttps://www.accountingtoday.com/news/college-accounting-programs-not-covering-emerging-topics-aicpa-nasba-report 42:13 - Which is more difficult: The CPA Exam or the Bar?https://www.accountingtoday.com/opinion/which-is-more-difficult-cpa-or-bar-exam-i-took-both-and-heres-my-answer 47:33 - Tax Provisions in the Fiscal Year 2021 Budgethttps://www.mass.gov/technical-information-release/tax-provisions-in-the-fiscal-year-2021-budget 48:54 - Risky trading targeted in Democrat proposal for financial transaction taxhttps://www.accountingtoday.com/articles/risky-trading-targeted-in-democrat-proposal-for-financial-transaction-taxGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsClientHub - https://clienthub.app/Launch for Accountants: https://www.launchfa.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Mar 23

57 min 43 sec

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Odoo: https://cloudaccountingpodcast.promo/odoo Rewind: https://cloudaccountingpodcast.promo/rewind Attend Rewind's Webinar Show Notes3:58 - Economic confidence recovers to near pre-pandemic levels for finance leadershttps://www.journalofaccountancy.com/news/2021/mar/us-economic-confidence-recovers-to-near-pre-coronavirus-levels.html 6:56 - BREAKING NEWS: Scaling New Heights® Rescheduled to October - insightfulaccountant.comhttps://www.intuitiveaccountant.com/people-and-business/scaling-new-heights%C2%AE-rescheduled-to-october/ 9:57 - Cost Of Deloitte’s EDD Phone Center Balloons to $55M, As Millions Of Calls Go Unanswered - capradio.orghttps://www.capradio.org/articles/2021/03/11/cost-of-deloittes-edd-phone-center-balloons-to-55m-as-millions-of-calls-go-unanswered/ 16:02 - Accountants experience 60% increase in payroll services, says QuickBooks | Newshttps://www.accountancytoday.co.uk/2021/03/10/accountants-experience-60-increase-in-payroll-services-says-quickbooks/ 17:02 - Metric of the Month: Avoiding Payroll Bottleneckshttps://www.cfo.com/compensation/2021/02/metric-of-the-month-avoiding-payroll-bottlenecks/ 17:34 - What should I take? Architecture or accounting? | Forum | Archinecthttps://archinect.com/forum/thread/150254452/what-should-i-take-architecture-or-accounting 23:00 - Alaska, Maine, and Oklahoma weigh CPA firm mobility billshttps://www.journalofaccountancy.com/news/2021/feb/alaska-maine-oklahoma-weigh-cpa-firm-mobility-bills.html 24:08 - Lightspeed to acquire Vend to power global retail expansion | Lightspeed POShttps://www.lightspeedhq.com/news/lightspeed-to-acquire-vend/ 27:11 - Winners in New Zealandhttps://www.nzherald.co.nz/business/nz-retail-software-company-vend-sold-for-455m/QOK7AA57JK4MP3LTTHYD744W34/ NZ retail software company Vend sold for $455m - NZ Heraldhttps://www.nzherald.co.nz/business/nz-retail-software-company-vend-sold-for-455m/QOK7AA57JK4MP3LTTHYD744W34/Lightspeed to acquire Vend for $350M to expand its global retail basehttps://seekingalpha.com/news/3672022-lightspeed-to-acquire-vend-for-350m-to-expand-its-global-retail-base 29:00 - Karbon raises $10Mhttps://www.accountingtoday.com/news/practice-management-software-developer-karbon-raises-10m 30:00 - Accounting Services Platform Autobooks Raises $25 Million In Series Bhttps://pulse2.com/autobooks-raises-25-million-in-series-b/32:00 - Zeni Raises $13.5M To Put A Real-Time Digital Bookkeeper Inside Every Startup – Crunchbase Newshttps://news.crunchbase.com/news/zeni-raises-13-5m-to-put-a-real-time-digital-bookkeeper-inside-every-startup/ 33:20 - Deloitte Partners With Nvidia For AI Solutionshttps://big4accountingfirms.libsyn.com/deloitte-partners-with-nvidia-for-ai-solutions 34:40 - AI bookkeeping startup Zeni launches with $13.5M in fundinghttps://www.accountingtoday.com/news/ai-bookkeeping-startup-zeni-launches-with-13-5m-in-funding 37:53 - Intuit adds e-signature capabilities to QBO Advancedhttps://www.accountingtoday.com/news/intuit-adds-e-signature-capabilities-with-docusign 44:00 - Accountant-created Bookgel releases new client acquisition apphttps://www.accountingtoday.com/news/accountant-created-bookgel-releases-new-client-acquisition-app 54:35 – We got a review!  Thank you, Zankonator! 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsUnCat - https://www.uncat.comClientHub - https://clienthub.app/Launch for Accountants: https://www.launchfa.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want 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 show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Mar 18

58 min 46 sec

SponsorWe'd like to thank our launch sponsor Rippling for making the Accounting Salon Conversations possible.Visit https://accountingsalonconversations.promo/ripplingGet in Touch with Ryan twitter.com/ryankwatson facebook.com/ryan.watson.986227 linkedin.com/in/ryankeithwatson Upsourced Accounting Get in Touch with Amanda twitter.com/aguillardacct facebook.com/amanda.a.lo.3 linkedin.com/in/amandaaguillard Links Leave a review on Apple Podcasts or Podchaser Follow the Accounting Salon on Twitter Visit the Accounting Salon Get CPE credit at Elefant Training Check out content created by Accounting Salon members Connect with Accounting Salon members at events Browse a list of Accounting Conferences SubscribeSubscribe to the Accounting Salon Conversations podcast in your favorite podcast app!This podcast is a production of the Accounting Podcast NetworkWant to sponsor this podcast? Full transcript available upon request.

Mar 10

46 min 52 sec