Blake and David take a dive into Google's decision to offshore accounting jobs to Mexico and India, which Google’s CFO claims is necessary to free up resources to invest in AI. They also discuss the stagnation of CPA salaries despite a shortage of talent. The conversation touches on a variety of other topics, including the modernization of the IRS, the future of the CPA profession, and advice for young accountants looking to carve their own career paths in a rapidly changing industry.

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• (05:53) - Blake reads some tweets about hours people are working during busy season

Show Notes

Google restructures finance team as part of AI shift, CFO tells employees in memo

https://www.cnbc.com/2024/04/17/google-restructures-finance-team-as-a-part-of-ai-shift-cfo-tells-employees-in-memo.html

Josh Youngblood, EA didn’t work over 40 hours per week in tax season

https://x.com/joshyoungblood/status/1779858374403747847?s=12

Skills-Based Hiring Can Shred the Paper Ceiling | BCG

https://www.bcg.com/capabilities/diversity-inclusion/expert-insights/skill-based-hiring-can-shred-paper-ceiling

The Office Market Is in Turmoil. So Why Are Rents More Expensive? – WSJ

https://www.wsj.com/real-estate/commercial/the-office-market-is-in-turmoil-so-why-are-rents-more-expensive-d096f961?st=9ieavh5j7ep3wcw

Florida Legislature Passes Bill Creating New Retired CPA Status | Florida Institute of CPAs

https://www.ficpa.org/publication/florida-legislature-passes-bill-creating-new-retired-cpa-status

Kyle J. Bauman, CPA on X: "“Unlimited PTO” “Only 2100 Hours”

https://twitter.com/kjb_cpa/status/1763595505928442248

62% of Americans Lack a College Degree. Can They Solve the Labor Shortage?

https://www.wsj.com/lifestyle/careers/employers-open-more-doors-to-workers-without-degrees-but-few-are-getting-in-732f1098

Senior Leaders Nearly Twice as Likely To Receive AI Resources as Junior Staff | CFO

https://www.cfo.com/news/senior-leaders-are-nearly-twice-as-likely-to-receive-ai-guidance/707230/

IRS didn't remove contractors' access to sensitive information | Accounting Today

https://www.accountingtoday.com/news/irs-didnt-remove-contractors-access-to-sensitive-information

Boston mulls commercial tax hike        

https://www.accountingtoday.com/articles/boston-mulls-commercial-tax-hike-to-counter-office-market-slump

IRS Commissioner Delivers End Of Tax Filing Season Message Touting Improvements

https://www.forbes.com/sites/kellyphillipserb/2024/04/15/irs-commissioner-delivers-end-of-tax-filing-season-message-touting-improvements/

Florida Creates New Status for Retired CPAs in the State          

https://www.cpapracticeadvisor.com/2024/04/15/florida-creates-new-status-for-retired-cpas-in-the-state/103983/

Treasury cash balance jumps most in 2 years as tax payments rise

https://www.accountingtoday.com/articles/treasury-cash-balance-jumps-most-in-2-years-as-tax-payments-rise

The rise of the remote accounting firm partner               

https://www.accountingtoday.com/news/the-rise-of-the-remote-accounting-firm-partner

Werfel sees IRS budget request yielding $341B in extra revenue

https://www.cfodive.com/news/werfel-sees-irs-budget-request-yielding-341b-extra-revenue-tax-taxation-enforcement/713534/

Google restructures finance team as part of AI shift, CFO tells employees in memo

https://www.cnbc.com/2024/04/17/google-restructures-finance-team-as-a-part-of-ai-shift-cfo-tells-employees-in-memo.html

Despite moratorium, IRS gets 20,000 ERC claims weekly, Werfel says

https://www.journalofaccountancy.com/news/2024/apr/despite-moratorium-irs-gets-20000-erc-claims-weekly-werfel-says.html

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