EPISODE · Sep 30, 2021 · 1H 4M
It's Not Too Hard To Get The CPA, It's Too Much Time And Money
from The Accounting Podcast · host Blake Oliver & David Leary
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 Businesses
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What this episode covers
We've got more discussion on the CPA this week, including whether or not it's too hard to get a CPA, along with other news, such as how AOC's dress should have said, "Tax The Met Gala," how departments in a company are becoming apps, and the IRS Tax Pro Account sees low adoption. Also, we'll talk about the revolving door of Big 4 and government, how California law requires disclosure of Amazon performance metrics, and KPMG urges boards to focus on climate risks. A New York law firm files class action lawsuit over QuickBooks Payments fees, Intuit launches a venture arm, China bans crypto, and the top virtual conference software for CPA firms. All the accounting news that's fit to use, right here!
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It's Not Too Hard To Get The CPA, It's Too Much Time And Money
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