EPISODE · Mar 25, 2022 · 1H 2M
IRS to Clear Backlog by End of Year
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsKeeper: https://cloudaccountingpodcast.promo/keeperSynder: https://cloudaccountingpodcast.promo/synderScribe https://cloudaccountingpodcast.promo/scribeNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes01:02 – Talking Disney and Bars ... 15:37 – Commissioner to Congress: IRS will clear backlog by year’s end https://www.journalofaccountancy.com/news/2022/mar/commissioner-congress-irs-will-clear-backlog-years-end.html 16:18 – IRS plans to hire thousands likely to fall short https://www.accountingtoday.com/news/irs-plans-to-hire-thousands-more-employees-likely-to-fall-short 19:50 – IRS Struggles Allow Secret Election Spending To Flourishhttps://campaignlegal.org/update/irs-struggles-allow-secret-election-spending-flourish 20:43 – IRS Starts Using Chatbots for Calls https://www.cpapracticeadvisor.com/tax-compliance/news/21260152/irs-starts-using-chatbots-for-calls 21:46 – PCAOB confirms talks with China on audit firm accesshttps://www.accountingtoday.com/news/pcaob-confirms-talks-with-china-on-audit-firm-access 25:19 – The SEC is investigating the Big Four accounting firms for potential conflicts of interest that could influence their audits, people familiar sayhttps://www.wsj.com/articles/big-four-accounting-firms-come-under-regulators-scrutiny-11647364574 28:12 – Accounting Faces Reckoning After Years of Sluggish Pay Growth https://news.bloombergtax.com/daily-tax-report/accounting-faces-reckoning-after-years-of-sluggish-pay-growth Big Four Accounting Firms Reportedly Probed by SEC https://www.businessinsider.com/big-four-accounting-firms-sec-probe-conflict-of-interest-report-2022-3 32:14 – Workers Care More About Flexible Hours Than Remote Work - WSJ https://www.wsj.com/articles/workers-care-more-about-flexible-hours-than-remote-work-11643112004 33:20 – 58% of Consumers Check on Work While Not in Office, Outside Normal Working Hours https://www.pymnts.com/connectedeconomy/2022/consumers-check-on-work-while-not-in-office-outside-working-hours/ 35:30 – Tucson woman accused of gambling away $5M in embezzled fundshttps://tucson.com/news/local/crime-and-courts/tucson-woman-accused-of-gambling-away-5m-in-embezzled-funds/article_b010f994-a70c-11ec-9940-7fa3aaccf602.html37:01 – Botkeeper Upgrades Bookkeeping Task Platform https://www.accountingweb.com/technology/accounting-software-news/botkeeper-upgrades-bookkeeping-task-platform 39:09 – Stamped AI closes $2 million to simplify financial statement prep for SMBs https://betakit.com/stamped-ai-closes-2-million-to-simplify-financial-statement-prep-for-smbs/ 40:19 – FISKL introduces modern API-driven accounting for small businesses https://www.wfmz.com/news/pr_newswire/pr_newswire_technology/fiskl-introduces-modern-api-driven-accounting-for-small-businesses/article_9626addf-cd8b-5324-b3a0-3725c43ad8e8.html 42:06 – AuditBoard rolls out new automation and analytics features https://www.accountingtoday.com/news/auditboard-releases-auditboard-automation-and-analytics-tool 46:35 – Coinbooks raises $3.2 million to build accounting software for DAOs https://www.theblockcrypto.com/linked/138356/coinbooks-raises-3-2-million-to-build-accounting-software-for-daos 46:51 – Coinbooks Gathers $3.2 Million For Developing Accounting Software To Serve DAOs https://www.thecoinrepublic.com/2022/03/19/coinbooks-gathers-3-2-million-for-developing-accounting-software-to-serve-daos/ 48:20 – Xerocon Sydney: Xerocon returns to Australia https://www.xero.com/blog/2022/03/xerocon-returns-to-australia/ 49:17 – Xero’s position on Ukraine and Russia https://www.xero.com/blog/2022/03/our-position-on-ukraine-and-russia/ 50:52 – The Ukraine crypto connection 52:00 – Bitcoin Price Surges on Biden’s Crypto Executive Orderhttps://www.wsj.com/articles/biden-to-order-study-of-cryptocurrency-risk-creation-of-u-s-digital-c...
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What this episode covers
Salary and bonus increases for accountants; PCAOB and China in talks about audits; Xero to pull plug on Russian customers; AI news from Fiskl, AuditBoard, Botkeeper, and Stamped, and more
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IRS to Clear Backlog by End of Year
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