It's Not Too Hard To Get The CPA, It's Too Much Time And Money
The Accounting Podcast
Tax Law - Is This Allowed?
In the last four presidential administrations, there were at least 35 instances of round trips from big accounting firms through the treasury's tax policy office. In 16 out of those cases, officials were promoted to partner when they rejoined their old accounting firms. Some partners end up earning more than a million a year.
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Show Notes
0:24 –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 slogan
https://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 Firm
https://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 Government
14:00 – How Top Accounting Firms Help Their Clients Sidestep Taxes
https://www.nytimes.com/2021/09/19/business/accounting-firms-tax-loopholes-government.html
15:10 – News Analysis: Getting Over Government's Revolving Door
http://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 IRA
17:07 – California Governor Signs Bill Targeting Amazon Warehouse Quotas
21:30 – KPMG urges boards to focus on climate risks
https://www.accountingtoday.com/news/kpmg-urges-boards-to-focus-on-climate-risks
22:40 – Heroic Accounting
https://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 Fees
https://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, consumers
37:25 – Coinbase adds direct deposit into crypto accounts
https://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 tumbling
39:01 – SEC’s Gensler Doesn’t See Cryptocurrencies Lasting Long
https://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.
44:03 – Meet Compass: The Most Advanced QuickBooks Integration for Crypto
https://blog.gilded.finance/gilded-compass-quickbooks/
44:45 – Does your business use Gilded? Let us know!
45:22 – Expensify is Carbon Neutral in 2021
https://www.businesswire.com/news/home/20210922005893/en/Expensify-is-Carbon-Neutral-in-2021
46:24 – SURVEY: Zoom Tops Microsoft Teams for Now
https://cpatrendlines.com/2021/09/19/survey-zoom-tops-microsoft-teams-for-now/
47:50 – REPAY, Veem Collaborate on B2B Payments
https://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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