The IRS Is Infrastructure

Sponsors Dext: https://cloudaccountingpodcast.promo/dext Rewind: https://cloudaccountingpodcast.promo/rewind Odoo: https://cloudaccountingpodcast.promo/odooShow Notes1:47 – Blake’s Discussion with Ed Karl, Vice President of Taxation at the AICPAhttps://www.cloudaccountingpodcast.com/bonus222 6:37 – Shutter Venue Operators Grant Snafu 7:45 – SBA SVOG Tweethttps://twitter.com/SBAgov 8:35 – Why Can’t Stimulus Checks Arrive Faster?https://www.wsj.com/articles/why-cant-stimulus-payments-arrive-faster-1161763120910:40 – Billions waiting in 2017 federal refundshttps://www.accountingtoday.com/news/billions-waiting-in-2017-federal-tax-refunds 11:38 – China Creates Its Own Digital Currency, a First for Major Economyhttps://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118 17:27 – Facebook: 25 Pct Of SMBs Closed Around Worldhttps://www.pymnts.com/economy/2021/facebook-25-pct-of-smbs-closed-around-the-world/ 18:29 – Pickup in CFO Optimism Continues in Q1https://www.cfo.com/the-economy/2021/04/pickup-in-cfo-optimism-continues-in-q1/ 25:06 – Global minimum tax gains momentumhttps://www.accountingtoday.com/articles/global-minimum-tax-momentum-gains-with-g-20-seeing-mid-year-deal 25:37 – IRS Program Summary by Budget Activityhttps://home.treasury.gov/system/files/266/19.-IRS-FY-2021-BIB.pdf 27:47 – How to Collect $1.4 Trillion in Unpaid Taxeshttps://www.nytimes.com/2021/03/20/opinion/sunday/unpaid-tax-evasion-IRS.html 30:15 – Blake’s Discussion with Ed Karl, Vice President of Taxation, AICPAhttps://www.cloudaccountingpodcast.com/bonus222 38:44 – Wealthiest Taxpayers Cheat IRS Out of $400 Billion a Yearhttps://cpatrendlines.com/2021/04/09/wealthiest-taxpayers-cheat-irs-out-of-400-billion-a-year/ More IRS Reading:  173% Increase in IRS Correspondence Backloghttps://cpatrendlines.com/2021/04/08/irs-lags-on-compliance-correspondence/ The IRS’s $3-Billion Problemhttps://cpatrendlines.com/2021/03/22/92-of-paper-returns-stuck-in-backlog/ IRS Commissioner Chuck Rettig Response https://www.c-span.org/video/?509965-1/irs-commissioner-rettig-testifies-tax-filing-season 41:00 – An update about Xerocon 2021 | Xero Bloghttps://www.xero.com/blog/2021/04/xerocon-2021-update/ 41:20 – Sage Transformhttps://www.sageintacct.com/transform 43:10 – Check out AccountingConferences.com for all the latest on ’21 conferences!https://accountingconferences.com/ 44:00 – Dallas firm buys provider of property tax data softwarehttps://www.accountingtoday.com/news/dallas-firm-buys-atlanta-provider-of-property-tax-data-software 44:40 – Ramp Reaches Record-Setting $1.6B Valuationhttps://www.pymnts.com/startups/2021/ramp-reaches-record-setting-valuation/ 46:48 – Blue Dot's AI Helps You Manage, Comply With Tax Accounting and Codes: Company Raises $31 Million— How It Workshttps://www.techtimes.com/articles/258835/20210407/blue-dots-ai-helps-you-manage-comply-with-tax-accounting-and-codes-company-raises-31-million—-how-it-works.htm 47:12 – Blue Dot raises $32M for AI that helps companies comply with tax codeshttps://venturebeat.com/2021/04/07/blue-dot-raises-32m-for-ai-that-helps-companies-comply-with-tax-codes/ 48:50 – How Per Diem Payments Can Simplify Your Accounting and Taxeshttps://finance.yahoo.com/news/per-diem-payments-simplify-accounting-134500596.htmlGet 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 ...