Sponsors

Digits: https://www.cloudaccountingpodcast.promo/digits
Scribe: https://cloudaccountingpodcast.promo/scribe

Need CPE?

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Show Notes

00:59 – Taxpayer advocate urges IRS to use scanners to cut backlog

https://www.accountingtoday.com/news/taxpayer-advocate-urges-irs-to-use-scanners-to-cut-backlog

IRS Says Paper Income Tax Returns are Major Cause of Logjam

https://www.cpapracticeadvisor.com/tax-compliance/news/21262251/irs-says-paper-income-tax-returns-are-major-cause-of-logjam

14:07 – FTC says TurboTax free filing not as free as advertised, Intuit vows to fight

https://www.accountingtoday.com/news/federal-trade-commission-complaint-says-turbotax-overstated-free-file-options-intuit-vows-to-fight-back

FTC Sues Intuit Over Deceptive TurboTax “Free” Filing Campaign

https://smallbiztrends.com/2022/03/ftc-sues-intuit-over-deceptive-turbotax-free-filing.html

‘False Claims and Buried Disclosures’: FTC Says TurboTax Tricks People Into Thinking They Can File for Free

https://money.com/turbotax-free-file-ftc-complaint/

18:32 – Five insights gleaned from PCAOB audit committee chair report

https://www.complianceweek.com/accounting-and-auditing/five-insights-gleaned-from-pcaob-audit-committee-chair-report/31507.article

22:02 – House Bill Calls for Creation of Crypto-Less, Privacy-First Digital Dollar

https://www.pymnts.com/cbdc/2022/house-bill-calls-for-creation-of-crypto-less-privacy-first-digital-dollar/

24:58 – Voicemail from Ryan Pearcy – Thank you!

27:02 – Hedge funds are betting against a cryptocurrency whose price shouldn’t move. Tether says the short sellers are part of a ‘clever scheme to raise capital from those less knowledgeable’

https://www.wsj.com/articles/short-sellers-bet-tether-cryptos-central-bank-is-vulnerable-to-a-run-11648978202

29:14 – Hackers heist $600M in crypto from blockchain network

https://www.accountingtoday.com/news/hackers-steal-600-million-in-crypto-from-ronin-blockchain-network

Crypto Gaming's Biggest Success Story Scammed Out Of $600 Million

https://kotaku.com/crypto-axie-infinity-scam-exploit-blockchain-ethereum-n-1848721147

34:12 – Accounting software: MCA yet again defers mandatory audit trail norm by 1 more year

https://www.thehindubusinessline.com/economy/accounting-software-mca-yet-again-defers-mandatory-audit-trail-norm-by-1-more-year/article65282052.ece

35:49 – Ask These 3 Interview Questions to Hire the Best Accountant for Your Firm

https://news.bloombergtax.com/daily-tax-report/ask-these-3-interview-questions-to-hire-the-best-accountant-for-your-firm

Former School of Medicine administrator pleads guilty to stealing $40 million from the University - Yale Daily News

https://yaledailynews.com/blog/2022/03/28/former-school-of-medicine-administrator-pleads-guilty-to-stealing-40-million-from-the-university%EF%BF%BC/

46:51 – Email from Tony – Thank you!

54:40 – Builder.ai Raises $100M Series C Funding Led by Global Software Investor Insight Partners

https://www.prnewswire.com/news-releases/builderai-raises-100m-series-c-funding-led-by-global-software-investor-insight-partners-301513079.html

55:22 – Trullion tackles applying AI to accounting workflows | VentureBeat

https://venturebeat.com/2022/03/25/trullion-tackles-applying-ai-to-accounting-workflows/

56:43 – Finally, SMB Accounting Startup, Raises $95M | PYMNTS.com

https://www.pymnts.com/news/investment-tracker/2022/finally-a-small-business-accounting-automation-startup-raises-95m/amp/

Finally, a Small Business Accounting Automation Startup, Raises $95M

https://www.pymnts.com/news/investment-tracker/2022/finally-a-small-business-accounting-automation-startup-raises-95m/

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....

It's A Data Entry Nightmare At The IRS

The Accounting Podcast

It's A Data Entry Nightmare At The IRS