
The Accounting Podcast
The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at https://earmarkcpe.com.
Latest episodes

May 20, 2021 • 56min
Collective Raises $20 Million To Not Be An "Accounting Firm"
SponsorsSynder: https://cloudaccountingpodcast.promo/synderOdoo: https://cloudaccountingpodcast.promo/odooRelay Financial: https://cloudaccountingpodcast.promo/relayShow Notes02:15 – $58,508: The Average Starting Salary for New Accounting Gradshttps://www.goingconcern.com/58508-average-starting-salary-new-accounting-grads-2021/ 3:44 – Fintech Startup Offers $500 for Payroll Passwords https://krebsonsecurity.com/2021/05/fintech-startup-offers-500-for-payroll-passwords/ 6:07 – Railz Raises $12 Million Toward API Developmenthttps://www.pymnts.com/news/investment-tracker/2021/railz-raises-12m-toward-api-development/ 8:04 – Kabbage, FinTechs Under PPP Distribution Scrutinyhttps://www.pymnts.com/loans/2021/report-kabbage-fintechs-under-justice-department-scrutiny-for-ppp-loan-distribution/ DOJ reportedly investigating Kabbage, fintech lenders, over PPP loanshttps://www.bankingdive.com/news/doj-reportedly-investigating-kabbage-fintech-lenders-over-ppp-loans/599888/ 11:37 – Collective, a back-office platform for the self-employed, raises $20M from Ashton Kutcher’s VChttps://techcrunch.com/2021/05/12/collective-a-back-office-for-the-self-employed-raises-20m-from-ashton-kutchers-vc/ 14:37 – Announcing Collective $20M Series A to Support the Rise of Businesses-of-One — Collective Bloghttps://www.collective.com/blog/news/collective-20-million-series-a/15: 51 – Blake’s discussion on Collective with CAP listener, Michael Eckstein 17:29 – The Collective Disclaimerhttps://www.collective.com/ 20:45 – Banking App Lili Raises $55 Million To Help Freelancers Tackle Expenses, Access Credithttps://www.forbes.com/sites/ninawolpow/2021/05/11/banking-app-lili-raises-55-million-to-help-freelancers-tackle-expenses-access-credit/ 25:56 – Xero FY21 revenues rise 18% to £432m | Newshttps://www.accountancytoday.co.uk/2021/05/13/xero-fy21-revenues-spike-18/ 26:03 – Xero scores subscriber surge despite slowed revenuehttps://www.accountantsdaily.com.au/business/15693-xero-scores-subscriber-surge-despite-slowed-revenue Xero’s FY21 through the eyes of our customers and people | Xero Bloghttps://www.xero.com/blog/2021/05/fy21-through-their-eyes/ Xero’s full year 2021 financial resultshttps://www.xero.com/blog/2021/05/full-year-2021-financial-results/ 32:25 – Digital bank Relay raises $19.4 million to automate financial management for small businesshttps://www.prweb.com/releases/digital_bank_relay_raises_19_4_million_to_automate_financial_management_for_small_business/prweb17934174.htm 37:55 – Sage's profits fall 30%, but accounting software boosts organic revenues | This is Moneyhttps://www.thisismoney.co.uk/money/markets/article-9578771/Sages-profits-fall-30-accounting-software-boosts-organic-revenues.html 39:50 – Introducing the Subscription Economy Income Statementhttps://www.subscribed.com/read/subscription-strategy/introducing-the-subscription-economy-income-statement?fbclid=IwAR2WHUUr4bE9pe0EUtHze0PuCBP3SpQdogHC3Z78YnvZvJhHOOMr1iywzSo 42:52 – WeWork CEO Says Least Engaged Employees Enjoy Working from Homehttps://www.accountingtoday.com/articles/irs-needs-more-than-audits-to-find-tax-cheats-former-chief-says 45:07 – Driving Engagement in a Remote Work Worldhttps://www.cfo.com/workplace-issues/2021/04/driving-engagement-in-a-remote-work-world/ 46:53 – The hybrid workplace probably won’t last - The Boston Globe https://www.bostonglobe.com/2021/05/09/opinion/hybrid-workplace-probably-wont-last/Get 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 Store: http://cloudacctpod.link/merch...

May 12, 2021 • 1h 1min
Bill.com Buys Divvy For $2.5 Billion
SponsorsOdoo: https://cloudaccountingpodcast.promo/odooRelay Financial: https://cloudaccountingpodcast.promo/relayMarginDriver: https://cloudaccountingpodcast.promo/margindriverShow Notes5:22 – SBA stops accepting new PPP applications from most lenders as general funds run outhttps://www.journalofaccountancy.com/news/2021/may/sba-stops-accepting-most-new-ppp-applications-funds-run-out.html Paycheck Protection Program Closes to Most Applicants - The New York Timeshttps://www.nytimes.com/live/2021/05/04/business/stock-market-today 6:11 – SBA unveils initial Restaurant Revitalization Fund resultshttps://www.journalofaccountancy.com/news/2021/may/sba-restaurant-revitalization-fund-initial-results.html 8:09 – IRS employees say ‘out of ink’ printers are delaying tax returnshttps://money.yahoo.com/irs-employees-say-out-of-ink-printers-are-delaying-tax-returns-171522801.html9:48 – Biden plan would give IRS authority to regulate tax preparershttps://www.accountingtoday.com/news/biden-plan-would-give-irs-authority-to-regulate-tax-preparers 13:03 – The Best Firms for Technology for 2021https://www.accountingtoday.com/list/the-best-firms-for-technology-for-2021 19:25 – Knowledge workers' most dreaded taskshttps://zapier.com/blog/most-dreaded-tasks 23:34 – Bill.com Adds Divvy to Back-Office Solutionshttps://www.cfo.com/applications/2021/05/bill-com-adds-divvy-to-back-office-solutions/ 24:17 – Bill.com to Acquire Divvy, a Leader in Spend Management for SMBshttps://www.businesswire.com/news/home/20210506006169/en/Bill.com-to-Acquire-Divvy-a-Leader-in-Spend-Management-for-SMBs 25:39 – David elaborates on the core value of Bill.com 29:13 – Divvy Joining forces with Bill.com https://getdivvy.com/blog/joining-forces-with-bill-com/ 37:48 – Metric of the Month: T&E Expense Reimbursements - CFOhttps://www.cfo.com/expense-management/2021/05/metric-of-the-month-total-cost-to-process-te-reimbursements/ 42:53 – Accountant view: Move from Intuit Online Payroll to QuickBooks Online Payroll https://quickbooks.intuit.com/learn-support/en-us/accounting/accountant-view-move-from-intuit-online-payroll-to-quickbooks/00/863888 46:52 – Veryfi Raises $12 Million To Use AI to Tackle The Unstructured Data Entry Markethttps://www.forbes.com/sites/rebeccaszkutak/2021/04/26/veryfi-raises-12-million-to-use-ai-to-tackle-the-unstructured-data-entry-market/50:17 – Chime Stops Using Word 'Bank' After Pushbackhttps://www.pymnts.com/legal/2021/chime-stops-using-word-bank-after-regulator-pushback/ 53:12 – FloQast releases accounting coloring book ahead of Tax Dayhttps://www.accountingtoday.com/news/floqast-releases-accounting-coloring-book-and-guided-meditation-ahead-of-tax-dayGet 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 Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsXero: A Comprehensive Guide for Accountants and BookkeepersBKX Conference: https://bkx.com/tickets/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad:

May 6, 2021 • 47min
IRS Is Getting $80 Billion To Audit The Rich
SponsorsSage Advice: https://cloudaccountingpodcast.promo/sageadvice Client Hub: https://cloudaccountingpodcast.promo/clienthubRelay Financial: https://cloudaccountingpodcast.promo/relayShow Notes4:24 – Biden to propose tax hikes, $80B for audits of richhttps://www.accountingtoday.com/articles/biden-to-propose-tax-hikes-80b-for-audits-of-rich 7:36 – U.S. companies went right back to heavy use of nonstandard accounting metrics during the pandemichttps://www.marketwatch.com/story/u-s-companies-went-right-back-to-heavy-use-of-non-standard-accounting-metrics-during-the-pandemic-11619550987 11:30 – Under Armour Paying $9 Million to Resolve SEC Accounting Probehttps://www.wsj.com/articles/under-armour-paying-9-million-to-resolve-sec-accounting-probe-11620079991 13:21 – QuickBooks Payroll sufferers outage on Friday morning … many employees never got their direct deposithttps://www.theverge.com/2021/4/30/22412349/quickbooks-issue-missed-direct-deposit-paychecks 16:25 – Financial impact of COVID-19 revealed in QuickBooks analysis of 1 million small businesseshttps://quickbooks.intuit.com/r/coronavirus/small-business-recovery/ 22:18 – Expensify Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offeringhttps://www.businesswire.com/news/home/20210503005265/en/Expensify-Announces-Confidential-Submission-of-Draft-Registration-Statement-for-Proposed-Initial-Public-Offering 23:11 – Stripe buys TaxJarhttps://techcrunch.com/2021/04/27/stripe-acquires-taxjar-to-add-cloud-based-automated-sales-tax-tools-into-its-payments-platform/amp/?__twitter_impression=true More about TaxJarhttps://stripe.com/partners/taxjar TaxJar will be joining Stripe to help build the world’s tax compliance infrastructurehttps://blog.taxjar.com/taxjar-will-be-joining-stripe-to-help-build-the-worlds-tax-compliance-infrastructure/ 24:34 – Brex raises $425M at a $7.4B valuation, as the corporate spend war rages onhttps://techcrunch.com/2021/04/26/brex-raises-425m-at-a-7-4b-valuation-as-the-corporate-spend-war-rages-on/ Brex massive raise …https://www.businessinsider.com/brex-raises-mega-round-doubles-down-on-finance-management-2021-4 24:49 – Brex Unveils All-In-One Financial Solution For Businesseshttps://www.businesswire.com/news/home/20210426005625/en/Brex-Unveils-All-In-One-Financial-Solution-For-Businesses#.YIcUHNRGTfg.whatsapp 25:18 – Brex Premium, our Series D, and the future of Brex as all-in-one financehttps://medium.com/building-brex/brex-premium-our-series-d-and-the-future-of-brex-as-all-in-one-finance-1ad40690edde 29:35 – OnDeck Markets First ABS Since Purchase by Subprime Lender Enovahttps://www.washingtonpost.com/business/on-small-business/ondeck-markets-first-abs-since-purchase-by-subprime-lender-enova/2021/04/26/80919a32-a6a6-11eb-a8a7-5f45ddcdf364_story.html 31:14 – Latest product news – May 2021https://www.xero.com/blog/2021/05/latest-product-news-may-2021/ 34:06 – ACH payments on Invoices via Squarehttps://www.pymnts.com/news/payment-methods/2021/businesses-can-accept-ach-payments-via-square-invoices/ 36:20 – The robots are coming UiPath is Europe’s most successful tech export since Spotifyhttps://www.economist.com/business/2021/04/22/uipath-is-europes-most-successful-tech-export-since-spotify 37:20 – How UiPath Turned Into A $37 Billion Powerhousehttps://www.forbes.com/sites/tomtaulli/2021/05/01/how-uipath-turned-into-a-37-billion-powerhouse/?sh=6e1e53d62e40 37:40 – Heirlume raises 1.38 millionhttps://techcrunch.com/2021/04/30/heirlume-raises-1-38m-to-remove-the-barriers-of-trademark-registration-for-small-businesses/ 40:39 – New & Improved in FreshBooks: Income Importer, Dashboard Widgets, and Morehttps://www.freshbooks.com/blog/product-updates-april-2021Get 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,

Apr 29, 2021 • 1h 4min
Why Business Owners Hire Bookkeepers
SponsorsUncat: https://cloudaccountingpodcast.promo/uncatMarginDriver: https://cloudaccountingpodcast.promo/margindriverOdoo: https://cloudaccountingpodcast.promo/odooShow Notes2:22 – SBA to reopen Shuttered Venue Operators Grant portal Saturdayhttps://www.journalofaccountancy.com/news/2021/apr/sba-reopen-shuttered-venue-operators-grant-portal-april-24.html Shuttered Venue Operators Grant portal begins accepting applications - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/apr/sba-reopen-shuttered-venue-operators-grant-portal-april-24.html SBA offers targeted advances to small businesseshttps://www.accountingtoday.com/news/sba-offers-targeted-advances-to-small-businesses-and-tries-again-on-shuttered-venue-program 5:23 – Lawmakers push PPP revamp as funding lapse loomshttps://www.politico.com/news/2021/04/20/congress-ppp-funding-483803 7:06 – IRS is holding over 29 million tax returns, delaying refunds for many poorer Americanshttps://money.yahoo.com/irs-holds-over-29-million-tax-returns-delaying-refunds-192532885.html 10:33 – Biden’s Big Agenda Relies on a Shrunken, Strained Agency: The IRShttps://www.wsj.com/articles/biden-agenda-relies-on-shrunken-strained-irs-11618928830 13:20 – IRS sees delays in tax refunds and quarterly paymentshttps://www.accountingtoday.com/news/irs-sees-delays-in-tax-refunds-and-quarterly-payments 15:18 – Federal Stimulus Bill Has Huge Tax Change For Gig Workershttps://www.forbes.com/sites/lizfarmer/2021/03/12/federal-stimulus-bill-has-huge-tax-change-for-gig-workers/ 17:35 – Controversy Erupts as Florida Follows Forty-Three States in Adopting Uncontroversial Tax Provisionhttps://taxfoundation.org/florida-online-sales-tax/ 19:22 – We’ve got reviews! Thank you, De (via Podchaser), JGBC, and Jedda88 (via Apple Podcasts)! 21:34 – Netflix funds accounting program through CNM, NM Film Office » Albuquerque Journalhttps://www.abqjournal.com/2383393/netflix-funds-accounting-program-through-cnm-nm-film-office-2.html 25:27 – House OKs Bill to Make Weed Banking Legalhttps://www.cfo.com/regulation/2021/04/house-oks-bill-to-make-weed-banking-legal/ 28:30 – Why we ditched our accounting software for a bookkeeperhttps://zapier.com/blog/why-hire-a-bookkeeper 34:38 – Lumanu Talks Influencers' AR Challengeshttps://www.pymnts.com/news/b2b-payments/2021/lumanu-content-creators-influencers-accounts-receivable/ 36:23 – This is your brain on Zoom – TechCrunchhttps://techcrunch.com/2021/04/21/this-is-your-brain-on-zoom/ 38:21 – New Data Shows How American Workday is Getting Longerhttps://smallbiztrends.com/2021/04/american-workday-getting-longer.html 43:13 – Our Workplace of the Future Strategy – Intuit®: Official Bloghttps://www.intuit.com/blog/intuitlife/our-workplace-of-the-future-strategy/ 46:45 – Bill.com Announces Integrations with Microsoft Dynamics 365https://www.cpapracticeadvisor.com/small-business/news/21219374/billcom-announces-integrations-with-microsoft-dynamics-365 47:22 – Paymogy Invests In Invoice Stream For P2P Serviceshttps://www.pymnts.com/news/b2b-payments/2021/paymogy-invests-in-invoice-stream-for-p2p-services/ 48:20 – Pleo Debuts ‘Bills’ To Digitize SMB Invoicing https://www.pymnts.com/news/b2b-payments/2021/pleo-debuts-bills-to-digitize-smb-invoicing/ 48:39 – Bank of America’s Complete AP Helps Transform A Company’s Accounts Payablehttps://newsroom.bankofamerica.com/content/newsroom/press-releases/2021/04/bank-of-america-s-complete-ap-helps-transform-a-company-s-accoun.html 50:00 – Deluxe Acquires First American Payments For $960Mhttps://www.pymnts.com/news/partnerships-acquisitions/2021/deluxe-signs-960-million-acquisition-deal-for-first-american-payments/ 51:17 – Xero and Bookkeeper360 collaborate to help US small businesses navigate financial complexitieshttps://www.xero.com/blog/2021/04/xero-and-bookkeeper360-support-us-small-business/ 54:30 – Square Announces New Inventory Management Features for Retailershttps://finance.yahoo.com/news/square-announces-inventory-management-features-160000767.html 55:40 – Avalara Buys DAVO To Boost Sales Tax Automationhttps://www.pymnts.com/news/partnerships-acquisitions/2021/avalara-buys-davo-boost-sales-tax-automation-services/<...

Apr 21, 2021 • 1h 1min
IRS Can't Afford to Collect Taxes, Says IRS Chief Rettig
SponsorsRewind: https://cloudaccountingpodcast.promo/rewindOdoo: https://cloudaccountingpodcast.promo/odoo Client Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:45 – The Interview with AICPA’s Ed Karl https://www.cloudaccountingpodcast.com/bonus222 Reviews – Thank you all! 4:41 – Nels Larsen CPA via Podchaser5:02 – The Finance Wizard via Apple Podcasts 5:26 – Scott Scarano via Apple Podcasts5:50 – Lolololoic via Apple Podcasts 6:12 – ItsmeBeek via Apple Podcasts 7:15 – Anonymous Listener email about Episode 222 11:56 – Legislative threat to CPA licensure stalls in West Virginia https://www.journalofaccountancy.com/news/2021/apr/legislative-threat-to-cpa-licensure-stalls-in-west-virginia.html 20:18 – IRS Chief Says $1 Trillion in Taxes May Go Uncollected Each Yearhttps://www.wsj.com/articles/irs-chief-says-1-trillion-in-taxes-may-go-uncollectedeach-year-11618337765 21:41 – U.S. sues Trump ally Roger Stone, alleging he owes about $2 million in unpaid taxeshttps://www.reuters.com/world/us/us-sues-trump-ally-roger-stone-alleged-nonpayment-federal-income-taxes-2021-04-16/ 23:00 – Listener voicemail! Thank you, Ian Crook! 26:40 – ACH Network Hits 2.7 Billion Monthly Paymentshttps://www.pymnts.com/news/payment-methods/2021/ach-network-has-record-setting-quarter/ 28:05 – IRS to roll out expanded Child Tax Credit on July 1https://www.accountingtoday.com/news/irs-on-track-to-roll-out-expanded-child-tax-credit-on-july-1 29:50 – Biden Seeks 10% IRS Funding Hike to Spur More Audits of Wealthyhttps://news.bloombergtax.com/daily-tax-report/biden-seeks-10-irs-funding-hike-to-spur-more-audits-of-wealthy 31:37 – More Listener Mail! Thank you, Amir Banihashemi! 32:08 – Get your value-pricing refresher here! https://www.cloudaccountingpodcast.com/221 37:47 – This accounting firm will let staff choose start times — and clock off early in the summerhttps://www.marketwatch.com/story/pwc-lets-u-k-based-staff-choose-start-times-and-clock-off-early-in-the-summer-11617275290 38:14 – Grant Thornton says almost 90% of staff want to work from homehttps://www.fnlondon.com/articles/grant-thornton-says-almost-90-of-staff-want-to-work-from-home-20210407 38:53 – CPAs are humans, too: Workplace relationships matter https://blog.aicpa.org/2021/03/cpas-are-humans-too-workplace-relationships-matter-1.html 40:34 – Fully Remote Work Will Make You Less Happy https://www.theatlantic.com/family/archive/2021/04/zoom-remote-work-loneliness-happiness/618473/ 44:39 – The Latest Workplace Perk: Cash Bonuses for Taking Vacationshttps://www.wsj.com/articles/the-latest-workplace-perk-cash-bonuses-for-taking-vacations-11617960601 46:58 – NetSuite Helps Organizations Capitalize on New Growth Opportunitieshttps://www.prnewswire.com/news-releases/netsuite-helps-organizations-capitalize-on-new-growth-opportunities-301267202.html 48:44 – NetSuite Expands Commitment to Accounting Communityhttps://www.netsuite.com/portal/company/newsroom/netsuite-expands-commitment-to-accounting-community.shtml 49:55 – Google migrates from Oracle financial software to SAP https://www.zdnet.com/article/google-migrates-from-oracle-financial-software-to-sap/ 51:08 – Grant Thornton releases controls testing apphttps://www.accountingtoday.com/news/grant-thornton-releases-controls-testing-app 51:38 – Announcing TruckersBooksOnline: A Mobile Bookkeeping Management Services App for Owner/Operator Truckers https://www.einnews.com/pr_news/538425423/announcing-truckersbooksonline-a-mobile-bookkeeping-management-services-app-for-owner-operator-truckers 52:45 – New Investors Discover Tax Pitfalls of Robinhood and Other Trading Appshttps://www.wsj.com/articles/new-investors-discover-tax-pitfalls-of-robinhood-and-other-trading-apps-11618565406 56:02 – David wants to hear your thoughts! Get 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,...

Apr 14, 2021 • 1h 5min
Ask AICPA: Is IRS Underfunded? Service Levels & The Tax Gap
Show NotesHow to Collect $1.4 Trillion in Unpaid Taxeshttps://www.nytimes.com/2021/03/20/opinion/sunday/unpaid-tax-evasion-IRS.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 Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.

Apr 14, 2021 • 58min
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 ...

Apr 7, 2021 • 56min
Value Pricing Secrets Revealed
SponsorsOdoo: https://cloudaccountingpodcast.promo/odooClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:44 – Talking #StopAsianHate and ties to the accounting world 6:06 – We’ve got reviews! Thank you, Smeanser, AggieCPA, and Larisa Lopez 7:59 – Do some good! Leave us a review on Podchaser, during #Reviews4Good 2021! 9:42 – Listener mail from Danny Burns – pricing methodology 20:34 – Listener mail from Stephen Brown – ACH issues 25:54 – Jeff Bezos’ investment fund is backing a startup hoping to be the AWS for SMB accounting – TechCrunchhttps://techcrunch.com/2021/03/27/jeff-bezos-investment-fund-is-backing-a-startup-hoping-to-be-the-aws-for-smb-accounting/ 26:33 – Pilot's $100m Funding Round: What it Means for the Accounting Profestransactionshttps://www.botkeeper.com/blog/pilots-100m-funding-round-what-it-means-for-the-accounting-profession 29:22 – SMB accounting platform Pilot doubles valuation with mega-roundhttps://www.emarketer.com/content/smb-accounting-platform-pilot-doubles-valuation-with-mega-round 34:47 – Auditoria raises $15.5M to expand AI platform automating repetitive accounting taskshttps://venturebeat.com/2021/03/31/auditoria-raises-15-5m-to-automate-repetitive-accounting-tasks/ 38:26 – Intuit updates QBO Accountanthttps://www.accountingtoday.com/news/intuit-updates-qbo-accountant-and-is-recruiting-for-the-accountant-council 38:59 - QuickBooks Online new features and improvements – March 2021https://quickbooks.intuit.com/blog/whats-new/quickbooks-online-new-features-and-improvements-march-2021/ 40:13 – Accelerating API-Based Automation Offerings With Cloud Elements | UiPathhttps://www.uipath.com/blog/uipath-accelerates-api-based-automation-offerings-with-cloud-elements 41:15 – Latest product news – April 2021https://www.xero.com/blog/2021/04/latest-product-news-april-2021/ 41:39 – Wolters Kluwer adds crypto tax capabilities to CCH productshttps://www.accountingtoday.com/news/wolters-kluwer-adds-crypto-tax-capabilities-to-cch-products 42:35 – New & Improved in FreshBooks: Profitability Details Report, Invoice PDFs, and Morehttps://www.freshbooks.com/blog/product-updates-march-2021 43:02 – Sage debuts data and analytics platformhttps://www.accountingtoday.com/news/sage-debuts-data-and-analytics-platform 44:36 – California firm creates accelerator program for entrepreneurial CPAshttps://www.accountingtoday.com/news/california-firm-creates-accelerator-program-for-entrepreneurial-cpas 46:44 – Blake pontificates on off-balance-sheet financing and new tech startups 51:17 – Roblox Loses an Accounting Fight With the SEChttps://www.barrons.com/articles/the-sec-told-roblox-to-change-its-accounting-heres-what-it-means-for-the-stock-51617217979Get 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 Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsRealize Accountant Community: https://rlz.ioAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Avail...

Apr 1, 2021 • 34min
Alphabet Soup Stimulus Update with Justin Elanjian, CPA
Show Notes(1:50) Paycheck Protection Program(8:18) Employee Retention Credit(18:18) Shuttered Venues Operators Grant(25:29) Restaurant Revitalization FundGet 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 Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Mar 31, 2021 • 42min
Will Your Firm Survive Jeff Bezos?
SponsorsOnPay: https://cloudaccountingpodcast.promo/onpayRewind: https://cloudaccountingpodcast.promo/rewindOdoo: https://cloudaccountingpodcast.promo/odooShow Notes2:07 - The pandemic made us all coworkers — whether we like it or nothttps://www.msnbc.com/opinion/slack-s-new-dm-feature-proves-we-re-all-office-n1261983 3:00 - Slack’s walkback of its new DM feature is a sign of user powerhttps://www.marketplace.org/2021/03/25/slacks-walkback-of-its-new-dm-feature-is-a-sign-of-user-power/ 3:38 - Zoom Wants You to Zoom Even When Using Other Companies’ Appshttps://www.wsj.com/articles/zoom-wants-you-to-zoom-even-when-using-other-companies-apps-11616419800 4:45 - SURVEY: Phone, Email Tied for Client Communicationhttps://cpatrendlines.com/2021/03/21/survey-phone-email-tied-for-client-communication/ 9:05 - HR Tech Startup Ease Raises $41 Million To Help Small Businesses Better Support Their Employeeshttps://www.forbes.com/sites/kristinstoller/2021/03/25/hr-tech-startup-ease-raises-41-million-to-help-small-businesses-better-support-their-employees/ 9:23 - Jeff Bezos-backed accounting start-up hits $1.2 billion valuation after new funding roundhttps://www.cnbc.com/2021/03/26/jeff-bezos-backed-start-up-pilot-hits-1point2-billion-valuation-.html 19:52 - It’s time to end re-authenticating every 90 days: Have your say | Xero Bloghttps://www.xero.com/blog/2021/03/end-re-authenticating-every-90-days/ 23:05 - Xero to acquire Tickstar to drive adoption of e-invoicing globallyhttps://www.xero.com/blog/2021/03/xero-driving-e-invoicing-adoption-globally/ Xero buys Swedish-based company Tickstar after Planbuy acquisitionhttps://www.theceomagazine.com/business/innovation-technology/xero/ 25:45 - Mandatory audit trail of companies' accounts to curb backdate entrieshttps://www.businesstoday.in/current/economy-politics/mandatory-audit-trail-of-companies-accounts-to-curb-backdate-entries/story/434847.html 28:52 - Opinion | How to Collect $1.4 Trillion in Unpaid Taxeshttps://www.nytimes.com/2021/03/20/opinion/sunday/unpaid-tax-evasion-IRS.html 31:20 - Richest 1% hide a fifth of their income from the IRShttps://www.accountingtoday.com/articles/richest-1-of-americans-hide-a-fifth-of-their-income-from-the-irs 31:27 - IRS failed to collect $2.4B in taxes from millionaireshttps://www.accountingtoday.com/articles/irs-failed-to-collect-2-4b-in-taxes-from-millionaires 31:55 - IRS audits of millionaires plunged 72%https://www.accountingtoday.com/news/irs-audits-of-millionaires-plunged-72-in-8-years 32:43 - IRS Has Recruiting Problems, Toohttps://cpatrendlines.com/2021/02/25/irs-has-recruiting-problems-too/ 34:56 - ServiceTitan, Software Provider For Tradespeople, Reaches $8.3 Billion Valuationhttps://www.forbes.com/sites/alexkonrad/2021/03/26/servicetitan-software-provider-for-tradespeople-reaches-85-billion-valuation/ 35:11 - BQE Software secures growth investment for accounting suitehttps://www.accountingtoday.com/news/bqe-software-secures-growth-investment-for-accounting-suite BQE Software Secures Significant Growth Investment from Serent Capitalhttps://www.businesswire.com/news/home/20210324005338/en/BQE-Software-Secures-Significant-Growth-Investment-from-Serent-Capital 36:01 - Dallas Tech Startup, BaCo Tech, Receives US Patent for CPA Firm Transaction-Based Workflowhttps://www.businesswire.com/news/home/20210323005845/en/Dallas-Tech-Startup-BaCo-Tech-Receives-US-Patent-for-CPA-Firm-Transaction-Based-Workflow 37:12 – A review! Thank you, Adam CPA!Get 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 Store: