The Accounting Podcast

Meet Our Guest, Lee Frederiksen:

LinkedIn: https://www.linkedin.com/in/leefrederiksen/
Accounting Today contributions: https://www.accountingtoday.com/author/lee-frederiksen

Learn more about Hinge
https://hingemarketing.com/

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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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• Overcast: http://cloudacctpod.link/Overcast

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Full Transcript Available Upon Request - [email protected]

Meet Our Guests:

James Robnett, Deputy Chief, Criminal Investigation
LinkedIn: https://www.linkedin.com/in/james-robnett-b5697445/

Darren Guillot, Deputy Commissioner, IRS Small Business Division
LinkedIn: https://www.linkedin.com/in/darren-john-guillot-b7262351/

Learn more about IRS Criminal Investigation
https://www.irs.gov/compliance/criminal-investigation

Learn more about IRS Small Business Division
https://www.irs.gov/about-irs/small-business-self-employed-division-at-a-glance

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
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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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TeePublic Store: http://cloudacctpod.link/merch

Subscribe

• Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
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• Stitcher: http://cloudacctpod.link/Stitcher
• Overcast: http://cloudacctpod.link/Overcast

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Meet Our Guest, Penny Breslin

LinkedIn: https://www.linkedin.com/in/penny-breslin-0228b81

Learn more about MoneyPenny, LLC
https://moneypennyllc.com/about-us/

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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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TeePublic Store: http://cloudacctpod.link/merch

Subscribe

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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 link below to get more info.

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Full Transcript Available Upon Request - [email protected]

Sponsors

OnPay: https://www.cloudaccountingpodcast.promo/onpay
Synder: https://www.cloudaccountingpodcast.promo/synder
Freshbooks: https://www.cloudaccountingpodcast.promo/freshbooks

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Show Notes

8:24 – Obviously most CPAs are against the 150 hr rule. But what if those extra 30 hours were beneficial?

https://twitter.com/jmcgowan3838/status/1536865439761981440?s=12&t=o4NXUgPpdhP_BFttwPv7bA

14:06 – Be Great. Be American. Easier Accounting Commercial

https://www.youtube.com/watch?v=-muWpOqx61E

34:04 – CohnReznick charged with improper auditing conduct by SEC

https://www.accountingtoday.com/news/cohnreznick-charged-with-improper-auditing-conduct-by-sec

38:53 – Listener mail – Thank you, Dan!

43:19 – Reality TV stars convicted of $30m fraud and tax evasion

https://www.accountancydaily.co/reality-tv-stars-convicted-30m-fraud-and-tax-evasion

46:33 – Wolters Kluwer, KPMG collaborate across content platforms

https://www.accountingtoday.com/news/wolters-kluwer-kpmg-collaborate-across-content-platforms

1:01:25 – IRS Raising 2022 Standard Mileage Deduction Rate As Gas Prices Soar

https://smallbiztrends.com/2022/06/irs-raising-2022-standard-mileage-deduction-rate-for-business.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

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

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Classifieds

Future Firm: futurefirmaccelerate.com

GetW9: getw9.tax
Ambitious Bookkeeper: https://www.ambitiousbookkeeper.com/podcast
Royalwise Solutions: learn.royalwise.com

Resolve Works: https://www.resolve-works.com/careers
Advisors For Change: advisorsforchange.com/join-our-team

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Full Transcript Available Upon Request - [email protected]

Meet Our Guest:

Eric Green, Founder of Tax Rep Network
LinkedIn: https://www.linkedin.com/in/eric-green-b63a546

Learn more about Tax Rep Network
https://taxrepllc.com/

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
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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

Limited edition shirts, stickers, and other necessities

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Subscribe

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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 link below to get more info.

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Full Transcript Available Upon Request - [email protected]

Meet Our Guest:

Seth Fineberg, Editorial Manager/US Team Lead at AccountingWEB.com
LinkedIn: https://www.linkedin.com/in/seth-fineberg-86aa8663

Learn more about AccountingWEB
https://www.accountingweb.com/

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
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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

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

• Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
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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 link below to get more info.

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Full Transcript Available Upon Request - [email protected]

Sponsors

Digits: https://www.cloudaccountingpodcast.promo/digits
A2X: https://www.cloudaccountingpodcast.promo/A2X
Canopy: https://www.cloudaccountingpodcast.promo/canopy

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Show Notes

3:27 – Val Kilmer's Dialogue in "Top Gun: Maverick" Was Read by AI Because He Can't Speak Anymore

https://futurism.com/the-byte/val-kilmer-dialogue-ai-top-gun

How The Book of Boba Fett Tricked Fans With Luke Skywalker's Voice

https://thedirect.com/article/book-boba-fett-luke-skywalker-voice

23:52 – Listener Mail – Thank you, Alison!

34:03 – The Frontier: For efficiency to live, email must die

https://www.accountingtoday.com/news/the-frontier-for-practice-efficiency-to-live-email-must-die

41:17 – Accounting Firm EY Considers Split of Audit, Advisory Businesses

https://www.wsj.com/articles/accounting-firm-ey-considers-splitting-audit-and-advisory-businesses-11653592588?mod=realestate_trending_now_article_pos2

54:41 – Podcast Reviews

52:49 – Melio Intros International Payments for SMBs

https://www.pymnts.com/smbs/2022/melio-intros-international-payments-for-smbs/

Melio Launches International Payments To Over 70 Countries

https://www.prnewswire.com/news-releases/melio-launches-international-payments-to-over-70-countries-301556489.html

55:39 – Lightspeed Commerce Launches B2B Platform

https://www.pymnts.com/news/b2b-payments/2022/lightspeed-commerce-launches-b2b-platform/

Lightyear and Sage partner for end-to-end offering

https://ecommercenews.com.au/story/lightyear-and-sage-partner-for-end-to-end-offering

57:49 – Jotform Store Builder launches as a no-code solution to build a store in minutes

https://www.prnewswire.com/news-releases/jotform-store-builder-launches-as-a-no-code-solution-to-build-a-store-in-minutes-301559218.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

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

• Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
• Podchaser: http://cloudacctpod.link/podchaser
• Spotify: http://cloudacctpod.link/Spotify
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Classifieds

Future Firm: futurefirmaccelerate.com

GetW9: getw9.tax
Ambitious Bookkeeper: https://www.ambitiousbookkeeper.com/podcast
Royalwise Solutions: learn.royalwise.com

Oh My Fraud: A True Crime Podcast for Accountants: ohmyfraud.com

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 link below to get more info.

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Full Transcript Available Upon Request - [email protected]

Sponsors

Canopy: https://www.cloudaccountingpodcast.promo/canopy
Synder: https://www.cloudaccountingpodcast.promo/synder
A2X: https://www.cloudaccountingpodcast.promo/A2X

Need CPE? 

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Show Notes

3:23 – Adam Neumann's blockchain-based redemption story now sponsored by a16z

https://techcrunch.com/2022/05/24/flowcarbon-wework-adam-neumann-blockchain-crypto-carbon-credit-startup-raises-funding-from-a16z/

6:46 – Kicking off the AICPA ESG Symposium

https://twitter.com/kaceebop/status/1528891278876102657?s=12&t=RyUCB_1HHZjo8PXBkf94lA

13:51 – Bolt lays off employees in company restructuring

https://www.protocol.com/bulletins/bolt-layoff-employees-company-restructuring

FinTech Startup Bolt Financial Plans Layoffs

https://www.pymnts.com/checkout-conversion/2022/fintech-startup-bolt-financial-plans-layoffs/

16:03 – IRS raids alliantgroup offices

https://www.accountingtoday.com/news/irs-raids-alliantgroup-offices

The IRS Is Paying an Unwelcome Visit to Alliantgroup (NEW UPDATE) Dhaval Finally Emailed His Troops - Going Concern

https://www.goingconcern.com/the-irs-is-paying-an-unwelcome-visit-to-alliantgroup/?utm_source=rss&utm_medium=rss&utm_campaign=the-irs-is-paying-an-unwelcome-visit-to-alliantgroup

20:23 – Accounting Giant EY Created A Chief Wellbeing Officer To Uplift And Empower Their People

https://www.forbes.com/sites/jackkelly/2022/05/27/accounting-giant-ey-created-a-chief-wellbeing-officer-to-uplift-and-empower-their-people/

23:56 – U.K. Regulator Fines KPMG Over Shortfalls in Rolls-Royce Audit – WSJ

https://www.wsj.com/articles/u-k-regulator-fines-kpmg-over-shortfalls-in-rolls-royce-audit-11653416467

25:03 – Accounting giant EY to spin off audit division from advisory business

https://www.thisismoney.co.uk/money/markets/article-10858715/Accounting-giant-EY-spin-audit-division-advisory-business.html

Accounting Firm EY Considers Split of Audit, Advisory Businesses

https://www.wsj.com/articles/accounting-firm-ey-considers-splitting-audit-and-advisory-businesses-11653592588

Accounting Firm EY Considers Split of Audit, Advisory Businesses – WSJ

https://www.wsj.com/articles/accounting-firm-ey-considers-splitting-audit-and-advisory-businesses-11653592588?mod=hp_lead_pos4

27:03 – Top 100 Accounting Firm Now Accepts $SHIB, $DOGE and Others as Payment for Its Services

https://www.cryptoglobe.com/latest/2022/05/top-100-accounting-firm-now-accepts-shib-doge-and-others-as-payment-for-its-services/

48:21 – Listener mail – Thank you, Christopher!

49:27 – Introducing the Xero Stripe App in the new Stripe App Marketplace | Xero Blog

https://www.xero.com/blog/2022/05/introducing-xero-stripe-app/

54:27 – Qonto adds invoice accounting to business finance platform

https://www.finextra.com/pressarticle/92720/qonto-adds-invoice-accounting-to-business-finance-platform

56:19 – ADP Makes Enhancements to Accountant Connect

https://www.accountingweb.com/technology/accounting-software-news/adp-makes-enhancements-to-accountant-connect

58:05 – Austin St. John charged in multimillion-dollar PPP Covid relief fraud scheme

https://www.nbcnews.com/news/us-news/red-power-ranger-actor-charged-multimillion-dollar-ppp-covid-relief-fr-rcna29813

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

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

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• P...

Sponsors

Digits: https://www.cloudaccountingpodcast.promo/digits
Canopy: https://www.cloudaccountingpodcast.promo/canopy
Synder: https://www.cloudaccountingpodcast.promo/synder 

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
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Show Notes

14:38 – KPMG Audit Kickstart CPA program will pay new hires to study

https://www.accountingtoday.com/news/kpmg-audit-kickstart-cpa-program-will-pay-new-hires-to-study

Walmart has created a program to recruit and train college graduates to become store managers, promising a starting wage of at least $65,000 a year

https://www.wsj.com/articles/walmart-cant-find-enough-store-managers-even-at-200-000-a-year-11652619602

Walmart Struggles to Add Store Managers at $210K+

https://www.pymnts.com/news/retail/2022/walmart-struggles-add-store-managers-210000-dollars/

18:10 – Apple softens its stance on remote work amid return-to-office delays | Engadget

https://www.engadget.com/apple-delays-return-to-office-allows-remote-work-194324892.html

Apple Reverses Remote Work Policy, Exec Goes To Alphabet

https://gizmodo.com/apple-return-to-work-policy-alphabet-machine-learnin-1848942742

Apple is sticking with two days back in the office each week, for now

https://www.wsj.com/articles/apple-pauses-plans-to-go-from-two-days-to-three-days-a-week-in-the-office-11652829935

43% of Remote Workers Miss the Water Cooler Chats with Co-workers

http://feedproxy.google.com/~r/SmallBusinessTrends/~3/twaU6wF6Xlw/remote-workers-miss-water-cooler-chats-happy-hour.html

29:32 – Email from listener – Thank you, Catherine!

33:00 – IRS audit rates decreased most for wealthy, GAO finds

https://www.journalofaccountancy.com/news/2022/may/irs-audit-rates-decreased-most-wealthy-gao-finds.html

IRS audit rates plummet, especially for wealthy | Accounting Today

https://www.accountingtoday.com/news/irs-audit-rates-plummet-especially-for-wealthy

IRS may start collecting more demographic info on taxpayers

https://www.accountingtoday.com/news/irs-may-start-collecting-more-demographic-info-on-taxpayers 

39:56 – After TerraUSD’s spectacular collapse, another stablecoin has lost its peg – Fortune

https://fortune.com/2022/05/19/terrausd-dei-crypto-collapse-stablecoin-dollar-peg/

43:08 – Dorsey outlines Block's bitcoin-centric future at first investor day in five years: 'No longer just a payments company'

https://www.cnbc.com/2022/05/18/jack-dorsey-outlines-blocks-bitcoin-centric-future-no-longer-just-a-payments-company.html

44:51 – The Frontier: Train accountants on tech, or technologists in accounting? 

https://www.accountingtoday.com/news/training-accountants-on-technology-or-training-technologists-in-accounting-which-is-better

52:32 – Reckon sells accounting division for $100m

https://www.accountantsdaily.com.au/business/17021-reckon-sells-accounting-division-for-100m

53:30 – Audit and accounting software company Caseware rebrands

https://www.accountingtoday.com/news/audit-and-accounting-software-company-caseware-rebrands

54:22 – This Seattle startup backed by American Express wants to be the 'LinkedIn of accounting' – GeekWire

https://www.geekwire.com/2022/this-seattle-startup-backed-by-american-express-wants-to-be-the-linkedin-of-accounting/

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

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

• Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
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• Spotify:

Sponsors

OnPay: https://www.cloudaccountingpodcast.promo/onpay
FreshBooks: https://www.cloudaccountingpodcast.promo/freshbooks
Canopy: https://www.cloudaccountingpodcast.promo/canopy

Need CPE? 

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Show Notes

2:57 – Tether (USDT) stablecoin drops below $1 peg

https://www.cnbc.com/2022/05/12/tether-usdt-stablecoin-drops-below-1-peg.html

Bitcoin plunged to its lowest level since December 2020 as a cryptocurrency selloff gathered steam

https://www.wsj.com/articles/bitcoin-falls-to-26-000-as-crypto-selloff-intensifies-11652340653

10:46 – Crypto investors likely pay less than half the taxes they owe

https://www.accountingtoday.com/articles/crypto-investors-are-likely-paying-less-than-half-the-taxes-they-owe

12:05 – Web3 accounting firm officially launches on Tactic.com

https://domainnamewire.com/2022/05/09/web3-accounting-firm-officially-launches-on-tactic-com/

22:59 – KPMG UK Somehow Won't Be Getting a Record Fine From the Financial Reporting Council For Carillion Mess

https://www.goingconcern.com/kpmg-uk-somehow-wont-be-getting-a-record-fine-from-the-frc-for-carillion-mess/

25:22 – Listener mail from Chris – Thank you!

35:22 – Logan Graf YouTube Video – How Much Money I made In 2021 As A First Year CPA Firm Owner

https://www.youtube.com/watch?v=OIcH2Zv_JyE

38:38 – Listener mail from Tyler – Thank you!

41:20 – Listener mail from Sarah – Thank you!

45:26 – IRS destroyed 30M paper information returns due to backlog

https://www.accountingtoday.com/news/irs-destroyed-30m-paper-information-returns-due-to-backlog

Report: IRS Destroyed 30 Million Paper Tax Documents

https://www.cpapracticeadvisor.com/tax-compliance/news/21267104/report-irs-destroyed-30-million-paper-tax-documents

51:08 – Rippling raises $250M in series D funding

https://www.rippling.com/blog/rippling-raises-250m-in-series-d-funding

53:40 – Fueled by the remote work revolution, Deel more than doubles valuation to $12B with new raise – TechCrunch

https://techcrunch.com/2022/05/11/fueled-by-the-remote-work-revolution-deel-more-than-doubles-valuation-to-12b-with-new-raise/

55:08 – Deluxe Announces Collaboration with Codat to Embed Accounting Integrations Directly into Deluxe Payroll + HR Solutions Platform

https://www.businesswire.com/news/home/20220510005018/en/Deluxe-Announces-Collaboration-with-Codat-to-Embed-Accounting-Integrations-Directly-into-Deluxe-Payroll-HR-Solutions-Platform

57:18 - Avalara releases tax compliance automation tool for property managers

https://www.accountingtoday.com/news/avalara-releases-tax-compliance-automation-tool-for-property-managers

58:06 – Xero’s full year 2022 financial results

https://www.xero.com/blog/2022/05/full-year-2022-financial-results/

59:06 – Millions of Americans May Qualify for Free Broadband Internet Program

https://www.cpapracticeadvisor.com/tax-compliance/news/21267032/millions-of-americans-may-qualify-for-free-broadband-internet-program

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