2min chapter

It's Not Too Hard To Get The CPA, It's Too Much Time And Money

The Accounting Podcast

notes

CHAPTER

Are You Using the Iris Portal?

The iris allows you to do powers of attorney. It's kind of limited right now, but they're ging o expand it. A third of accountants are using it, and most of them had some trouble getting it to work. 21 % said they prefer to stick with mal or facs.

00:00

Transcript

Episode notes

Sponsors

TaxDome: https://cloudaccountingpodcast.promo/taxdome
ApprovalMax: https://cloudaccountingpodcast.promo/approvalmax
Gusto: https://cloudaccountingpodcast.promo/gustonext

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

https://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 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

https://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 Quotas

https://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 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

https://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 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

https://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 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.

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 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