Accounting salaries stagnate, KPMG is on 'The Bachelor,' Plaid buys Quovo, TaxJar raises $60M for sales tax automation, why the virtual office doesn’t work for CPAs, and more

Blake and David dig into the lack of growth in accounting salaries despite the tight job market, KPMG’s representative contestant on this season of “The Bachelor,” Plaid’s acquisition of Quovo, TaxJar’s $60 million round of fundraising, Craig Smalley’s argument against virtual offices for accountants, where Americans moved in 2018, how the California Board of Accountancy just started (finally) accepting credit cards, and how some small businesses are no longer accepting cash.

Show Notes

Accounting salaries remain high in 2019 — Accounting Today — Accounting professionals in the public accounting space should feel good entering the New Year, as average salaries have once again increased due to stiff hiring competition among firms. 

KPMG IT Advisory Associate Looking for Love on ‘The Bachelor’ — Going Concern — Onyeka Ehie will be trying to make the House of Klynveld proud as she tries to woo the heart of Colton Underwood in the new season of "The Bachelor." 

Plaid Buys Quovo To Help Developers Build Data-Driven Apps — PYMNTS — Plaid, the FinTech company that enables developers to create financial services applications, announced Tuesday (Jan. 8) that it has acquired Quovo to make it easier for developers to create products that include investment data. 

TaxJar gets $60 million for software that automates ecommerce sales tax calculations — Venture Beat — TaxJar, a subscription software company that helps businesses automate their sales tax calculations and filing, today announced that it has raised a $60 million round of growth equity capital from Insight Venture Partners. 

Why the Virtual Office Doesn't Work for CPAs — AccountingWEB — Working remotely is more popular than ever, but here's why Craig Smalley EA says it just doesn't work for accountants. 

Where Did Americans Move in 2018? — Tax Foundation — The 2018 National Movers Study shows Vermont, Oregon, Idaho, Nevada, and Arizona as the states with the most inbound migration. Meanwhile, outbound migration was highest in New Jersey, Illinois, Connecticut, New York, and Kansas. 

New Online Credit Card Payment System for License Renewal — California Board of Accountancy — The California Board of Accountancy is now accepting online credit card payments for license renewals. 

Your Cash Is No Good Here. Literally. — WSJ — As more retailers—including Drybar and Sweetgreen—ban paper money, it’s making things awkward for customers without plastic. 

Finally, to make sure you don’t miss any Cloud Accounting Podcast news, please like our Facebook page!


Join our newsletter!

Get notified about new episodes and other updates from Blake and David

Got it. You're on the list!
Podchaser - Cloud Accounting Podcast

Copyright © 2020 Blake Oliver