It's A Data Entry Nightmare At The IRS

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