We've got more discussion on the CPA this week, including whether or not it's too hard to get a CPA, along with other news, such as how AOC's dress should have said, "Tax The Met Gala," how departments in a company are becoming apps, and the IRS Tax Pro Account sees low adoption. Also, we'll talk about the revolving door of Big 4 and government, how California law requires disclosure of Amazon performance metrics, and KPMG urges boards to focus on climate risks. A New York law firm files class action lawsuit over QuickBooks Payments fees, Intuit launches a venture arm, China bans crypto, and the top virtual conference software for CPA firms. All the accounting news that's fit to use, right here!
–Accountancy Problems – Studying Accounting at 3:00
– AOC's 'Tax the Rich' dress could've used a different slogan
– As More Workers Go Solo, the Software Stack Is the New Firm
– Have you used the IRS Tax Pro Account Feature?
Details from the AICPA’s Weekly Weigh-In survey question.
– How Accounting Giants Craft Favorable Tax Rules from Inside Government
– How Top Accounting Firms Help Their Clients Sidestep Taxes
– News Analysis: Getting Over Government's Revolving Door
– House tax bill would likely force Peter Thiel to pull $5 billion from his IRA
– California Governor Signs Bill Targeting Amazon Warehouse Quotas
– KPMG urges boards to focus on climate risks
– Heroic Accounting
– Listener Mail on the 150-hour education requirement – Thanks, Mike!
– Accountants reply: Is it too hard to become a CPA?
– Listener Mail on CPA – Thanks T.C. Whittaker!
– NY Law Firm Slams Intuit Over QuickBooks Transaction Fees
– Intuit launches venture arm to invest in startups with innovation for small businesses, consumers
– Coinbase adds direct deposit into crypto accounts
– China's top regulators ban crypto trading and mining, sending bitcoin tumbling
– SEC’s Gensler Doesn’t See Cryptocurrencies Lasting Long
– Longest Article Title Ever?
Gilded Launches Compass: The Most Advanced QuickBooks Integration for Crypto Institutional adoption of cryptocurrency has intensified the demand for sophisticated crypto accounting functionality. Gilded Compass streamlines financial reporting for cryptocurrency in QuickBooks Online.
– Meet Compass: The Most Advanced QuickBooks Integration for Crypto
– Does your business use Gilded? Let us know!
– Expensify is Carbon Neutral in 2021
– SURVEY: Zoom Tops Microsoft Teams for Now
– REPAY, Veem Collaborate on B2B Payments
– American Express and Extend Partner to Enable Virtual Cards for U.S. Small and Mid-Sized Businesses
– Melio Offers Small Businesses an Enhanced, More Secure Payment Management Experience
– QuickBooks Desktop Will Be Subscription Only
– The Soul of Enterprise: Episode #358: Subscription Economy Update
– Patriot Partners With Client Hub to Streamline Payroll Workflow
– Stripe Launches Revenue Recognition Tool to Automate Financial Reporting
– Walmart does away with layaway, which didn't carry any fees, and announces buy now, pay later program that may charge customers interest
– The surge in ‘buy now pay later’ – and why we should be worried
– The Journal: Why 'Buy Now, Pay Later' Is Popping Up Everywhere
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