The Biggest Check You Can Write to The IRS

Blake and David break down the IRS's $99 million paper-check limit, how states use tax credits to attract movie productions (sometimes unsuccessfully) and give their take on actor Kenan Thompson losing $1.5 million to fraud as a child. They also cover couples arguing over finances, AI answering tax questions in California, accounting rules hiding commercial real estate loan losses on bank balance sheets, and the lack of action from accounting standards boards to change these rules.SponsorsLiveFlow - http://accountingpodcast.promo/liveflow Relay - http://accountingpodcast.promo/relayClient Hub - http://accountingpodcast.promo/clienthubChapters(00:40) - What's the largest check you can write to the IRS? (04:35) - Jeff Bezos could be saving $600 million from moving to Florida (13:41) - Why movie studios are throwing out projects for tax breaks (18:46) - Keenan Thompson's accountant stole $1.5 million from him (24:10) - How much of relationship problems are finance-related? (27:47) - California plans to use AI to help answer people's tax questions (32:00) - PwC UK boss says AI is why workers should be in the office (36:54) - Silicon Valley Bank collapse follow-up and why it could happen again (46:09) - Thanks for listening and check out the Unofficial Quickbooks Accountants Podcast  Show NotesWarner Bros.' Disgusting Accounting Trick May Find an Opponent in the U.S. GovernmentIRS Seeks More Than $1 Billion From SVB for TaxesIRS sues FDIC to get $1.45B in SVB back taxes       Mayweather’s $18 Million Check To The IRS Packs A Punch, But Is Under The $100 Million Weight LimitCalifornia plans to use AI to answer your tax questionsJeff Bezos will save over $600 million in taxes by moving to MiamiThe Indicator from Planet Money : NPR  Mayweather’s $18 Million Check To The IRS Packs A Punch,But Is Under The $100 Million Weight Limit Jeff Bezos reaps Florida tax benefit with $4B Amazonshare sale Young staff need to be in the office because of AI, saysPwC's UK boss | Accounting Today Money is the Biggest Relationship Hurdle for 1 in 4Couples, Survey Reveals - CPA Practice Advisor Kenan Thompson Reveals a Crooked Accountant Stole $1.5Million From Him During His Nickelodeon Days | Video When accountants attack: why Netflix is cancelling HalleBerry’s new sci-fi movie Ben Affleck Reportedly Filming The Accountant 2 This Year FASB Won’t Consider Changes in Securities AccountingAfter Bank Failures - WSJNew York Community Bank’s Commercial Real Estate LoanProblem May Be Isolated, Experts Say Banking Crisis Plays Out at America’s Smallest LendersListener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast:...