The Accounting Podcast

NATP Breaks Up with Intuit & Fat Joe vs. BDO


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Blake and David touch on several hot topics in the accounting world, including the fallout from Intuit's controversial TurboTax ad, and the National Association of Tax Preparers cutting ties with the company. They also examine Trump Jr.'s threats against Deloitte, KPMG's support for alternative pathways to CPA licensure, and rapper Fat Joe's recent experiences with BDO.

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Chapters
  • (01:16) - Controversial Intuit Ad Campaign
  • (03:29) - Blake's Grand Canyon Adventure
  • (04:49) - Intuit's Industry Fallout
  • (09:58) - Tax Preparation Fee Calculator
  • (14:34) - NATP's AI Transition
  • (22:01) - Trump Jr. vs. Deloitte
  • (24:17) - Trump's Tax Policy for Expats
  • (28:08) - Popular Tax Proposals
  • (34:42) - App News: Numeric's Big Funding Round
  • (35:46) - Understanding Flux Analysis
  • (37:11) - AI in Accounting: Real-World Applications
  • (40:38) - Tax Season Tips and Client Management
  • (43:27) - CPA Licensure and Industry Challenges
  • (53:33) - Auditor Misconduct and SEC Rulings
  • (57:54) - Celebrity Financial Scandals: Fat Joe's Case
  • (01:13:59) - Closing Remarks and Upcoming Adventures
  •  


    Show Notes

    TurboTax ‘Breakup’ Ad Draws Ire From Tax Pro Org

    https://tax.thomsonreuters.com/news/turbotax-breakup-ad-draws-ire-from-tax-pro-org/

    Deloitte takes fire from Trump-Vance allies over leaked employee messages

    https://thehill.com/business/4919910-deloitte-employee-trump-criticism/

    Trump supports ending double taxation on Americans living abroad: ‘Let’s put America First’

    https://nypost.com/2024/10/14/business/former-president-donald-trump-supports-ending-double-taxation-on-americans-living-abroad/

    KPMG Supports Alternative CPA Paths to Address Accountant Shortage

    https://tax.thomsonreuters.com/news/kpmg-supports-alternative-cpa-paths-to-address-accountant-shortage

    SEC Drops Auditor Misconduct Cases After In-House Judges Ruling

    https://news.bloombergtax.com/financial-accounting/sec-drops-auditor-misconduct-cases-after-in-house-judges-ruling

    Fat Joe Suing Accountants Over Fraud Activity

    https://www.bet.com/article/dh3bcc/fat-joe-suing-accountants-over-fraud-activity

    Numeric grabs $28M Series A to automate accounting using AI

    https://techcrunch.com/2024/10/10/numeric-grabs-28m-series-a-for-automating-accounting-with-ai/

    Ex-Tingo Auditor Aided, Concealed ‘Massive Fraud,’ SEC Claims

    https://news.bloombergtax.com/financial-accounting/ex-tingo-auditor-aided-concealed-massive-fraud-sec-claims

    Fat Joe On Getting Robbed By Accountants, Using The N-Word, BET Hip Hop Awards + More
    https://www.youtube.com/watch?v=xL3RV6SHY4E

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    Get in Touch

    Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.


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    Transcripts

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    The Accounting PodcastBy Blake Oliver & David Leary

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