Secret IRS Files Reveal No Secrets

We're covering a lot of ground this week, starting with a bill in Congress that would make accounting part of the STEM curriculum. We'll also look into the secret IRS files that leaked a wealth of billionaire tax info! If you're looking to relocate, we've got the list of the best cities for accountants, and we'll talk about the Microsoft Excel Esports Tournament! In app news, more raises from accounting software + services startups Osome, and Penny Lane. As if that weren't enough, we might talk smack about SPACs, and ponder the significance of accounting firms stepping into the fray. Finally, we're rounding out this episode with some thoughts on how technology is filling the labor gap, and how it relates to advisory pricing!

Show Notes

4:25 – Bill would make accounting part of STEM education
5:47 – Accounting in schools down for the count
10:24 – The best cities for accountants in 2021
12:46 – The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax
18:11 – Let us know what you think about the secret IRS files, and whatever else we talk about! We’d love to hear from you! (202) 695-1040. 
18:30 – Speaking of your thoughts, we got a voicemail! Thank you, Harry Gottlieb! 
24:07 – Microsoft Excel Esports Tournament Is Real And Actually Happening
28:15 – Osome raises $16M to automate repetitive accounting tasks 
29:35 – Corporate services “superapp” Osome lands $16M Series A
Super app for SMEs Osome raises $16 million 
31:00 – Pennylane raises $18.3 million for its accounting service – TechCrunch

33:06 – Mark Cuban-Backed Personal Finance App Dave to Go Public in $4 Billion SPAC Deal
34:22 – Stripe Launches Global Tax Compliance Service 
36:00 – SEC warnings on SPACs dampen deals, boost accounting services
38:42 – SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest
40:22 – SPAC IPO Audits Dominated by Niche Firms as Big Four Stand Aside
42:30 – SPAC Pullback Pressures Creators to Find Quality Mergers
SPAC Selloff Bruises Individual Investors
44:12 – Amanda Aguillard named COO of Padgett

45:43 – Accountants in Industry Expect Economic Boom
45:56 – Technology Fills the Gap as Jobs Lag GDP

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

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