Secret IRS Files Reveal No Secrets episode artwork

EPISODE · Jun 18, 2021 · 54 MIN

Secret IRS Files Reveal No Secrets

from The Accounting Podcast · host Blake Oliver & David Leary

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...

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We're covering a lot of ground this week, starting with a bill in Congress that would make accounting part of the STEM curriculum. We'll also look into the secret IRS files that leaked a wealth of billionaire tax info! If you're looking to relocate, we've got the list of the best cities for accountants, and we'll talk about the Microsoft Excel Esports Tournament! In app news, more raises from accounting software + services startups Osome, and Penny Lane. As if that weren't enough, we might talk smack about SPACs, and ponder the significance of accounting firms stepping into the fray. Finally, we're rounding out this episode with some thoughts on how technology is filling the labor gap, and how it relates to advisory pricing!

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Secret IRS Files Reveal No Secrets

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