On this episode of the Woodard Report podcast, Heather and Joe speak about upcoming regulatory changes that could ease the burden on government contractors and the potential disruption of the proposed HIRE Act, which would heavily tax outsourced accounting labor. They also dive into how the profession must adapt to staffing shortages, the evolving role of CPAs and noncredentialed accountants, and the transformative impact of AI on jobs.

Current events —

• White House proposes to get rid of 60 accounting requirements for contractors
• Will the HIRE Act hurt outsourcing?

TV/Movie quote of the week —

• Heather mentioned the movie "Her"
• Joe mentioned the miniseries "aka Charlie Sheen"

Excellent things we learned —

• Fourlane CX: Cloud Interface For QuickBooks Desktop
• A World Without Work: Technology, Automation, and How We Should Respond

Member spotlight —

• Brittany Byrd presented by Lamont Nesbitt, Practice Advancement Coach at Woodard

The Woodard Report article of the week —

• Next-Level Bookkeeping in QuickBooks Online: Going Beyond the Basics

Thank you to our show sponsor, CorpNet! CorpNet is the trusted leader in business formation and compliance services, offering one of the best tools for accountants, CPAs and tax professionals nationwide. The CorpNet Partner Program can 10X your firms revenue by helping clients form a business, register for payroll taxes, maintain compliance and more.

Learn more about the show and our sponsors at Woodard.com/podcast