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The Accounting Podcast

The IRS Is Infrastructure

Apr 14, 2021
58:18

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Show Notes

1:47 – Blake’s Discussion with Ed Karl, Vice President of Taxation at the AICPA

https://www.cloudaccountingpodcast.com/bonus222

 

6:37 – Shutter Venue Operators Grant Snafu

 

7:45 – SBA SVOG Tweet

https://twitter.com/SBAgov

 

8:35 – Why Can’t Stimulus Checks Arrive Faster?

https://www.wsj.com/articles/why-cant-stimulus-payments-arrive-faster-11617631209

10:40 – Billions waiting in 2017 federal refunds

https://www.accountingtoday.com/news/billions-waiting-in-2017-federal-tax-refunds

 

11:38 – China Creates Its Own Digital Currency, a First for Major Economy

https://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 Q1

https://www.cfo.com/the-economy/2021/04/pickup-in-cfo-optimism-continues-in-q1/

 

25:06 – Global minimum tax gains momentum

https://www.accountingtoday.com/articles/global-minimum-tax-momentum-gains-with-g-20-seeing-mid-year-deal

 

25:37 – IRS Program Summary by Budget Activity

https://home.treasury.gov/system/files/266/19.-IRS-FY-2021-BIB.pdf

 

27:47 – How to Collect $1.4 Trillion in Unpaid Taxes

https://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, AICPA

https://www.cloudaccountingpodcast.com/bonus222

 

38:44 – Wealthiest Taxpayers Cheat IRS Out of $400 Billion a Year

https://cpatrendlines.com/2021/04/09/wealthiest-taxpayers-cheat-irs-out-of-400-billion-a-year/

 

More IRS Reading: 

 

173% Increase in IRS Correspondence Backlog

https://cpatrendlines.com/2021/04/08/irs-lags-on-compliance-correspondence/

 

The IRS’s $3-Billion Problem

https://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 Blog

https://www.xero.com/blog/2021/04/xerocon-2021-update/

 

41:20 – Sage Transform

https://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 software

https://www.accountingtoday.com/news/dallas-firm-buys-atlanta-provider-of-property-tax-data-software

 

44:40 – Ramp Reaches Record-Setting $1.6B Valuation

https://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 Works

https://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.html


Get in Touch

Thanks 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) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


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