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Why innovative accountants and bookkeepers listen to the Cloud Accounting Podcast
Blake and David do a great job each week giving a quick rundown of the latest headlines in accounting. If you’re trying to keep up with the latest trends and stories in accounting this podcast is a must!
— Jackson Pace, CPA
⭐️⭐️⭐️⭐️⭐️ Great podcast. Informative and entertaining.
This podcast is great. Super informative. Blake and David do a great job covering the latest news in the accounting industry. Highly recommend for accounting professionals looking to keep up with the evolving profession.
— Nick Pasquarosa, Bookkeeper360
⭐️⭐️⭐️⭐️⭐️ Great Content - On Point!
Blake and David do a great job keeping abreast of all the changes in the profession and even more importantly making sure to call out the parts of the profession need to change to stay ahead. With the ever changing technology landscape they help to make sure we are evaluating our process and our technology stack to ensure we use the best of breed. Thanks for being a voice.
— Brent Forbush, CPA
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Blake interviews Ed Karl, CPA & Vice President of Taxation at the Association of International Certified Public Accountants about Internal Revenue Service funding levels and the impact on both IRS service levels and the Tax Gap (the difference between what taxpayers should pay and what they actually pay on time). For years, service levels have been declining while the Tax Gap has been increasing, mostly due to unreported business income. A 2019 analysis by the IRS estimated that Americans report less than half of all income not subject to some form of third-party verification (such as a W-2). This year, unpaid federal income taxes could amount to more than $600 billion, and over the next decade, it could be as high as $7.5 trillion. Could increasing funding for the IRS help to solve both these issues? We discuss this and more in this in-depth interview.
Today, we're talking about how economic confidence is recovering to near pre-pandemic levels for finance leaders. We've got exciting news about accounting conferences, including Scaling New Heights, and AICPA ENGAGE being rescheduled. We'll dig into Deloitte's role in the California unemployment debacle, the huge increase in demand for payroll services, and explore the advantage accountants have over architects. In app news, Lightspeed acquires Vend, $$ raises by Karbon, Autobooks, and Zeni (another software company that wants to automate your bookkeeping work), and a brief exploration of QBO's latest feature add. We'll round out the discussion with an examination of a new accountant-targeted app, Bookgel, which focuses on client acquisition.
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