Cloud Accounting Podcast David Leary & Blake Oliver, CPA

Recession needed to increase accounting grads; Amber Setter on improving the CPA pipeline; 2023 tax season officially starts; tech layoffs hit accounting tech
SponsorsKeeper - https://cloudaccountingpodcast.promo/keeperLiveFlow - https://cloudaccountingpodcast.promo/liveflowAnchor - https://cloudaccountingpodcast.promo/anchorNeed CPE? 
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(00:00) - Thank you to our sponsor, Keeper
(00:20) - Preview : Accountants are prestressed for busy season
(00:56) - Blake is in Tucson; Welcome Amber to the show
(04:29) - Who is your ideal customer for coaching?
(06:42) - Remote workers save an average of 72 minutes per day
(14:49) - Thank you to our sponsor, Keeper
(16:22) - YouTube Live comment from Sam on working from home
(18:07) - WSJ says the job market for remote workers is shrinking — but the demand is still high
(19:37) - Will tech layoffs lead college students to accounting?
(22:17) - Is it realistic for someone in tech to transition into accounting?
(25:43) - Thank you to our sponsor, LiveFlow
(27:03) - George Santos was involved in an alleged $17 million Ponzi scheme in Florida
(29:46) - Moody's is working on a scoring system for stable coins
(31:09) - Wash sales represent up to 77% of trades on unregulated crypto exchanges
(32:56) - The IRS released guidance on crypto check mark on 1040s
(33:56) - Are accountants more optimistic for the 2023 tax season
(37:53) - Thank you to our sponsor, Anchor
(39:42) - The IRS has opened an online portal where businesses can file 1099s
(42:08) - A few QuickBooks updates
(43:45) - AccountingWED article summarizing all the accounting tech layoffs
(46:42) - ChatGPT updates
(48:41) - Rocket Lawyer has launched Rocket Tax
(53:15) - Listener mail from Greg on his firm actually looking for more clients
(58:39) - Message from Jared about Right Tool
(01:01:33) - Wrap up, where to reach Amber, and one new review
(01:04:17) - Client Hub
(01:04:54) - RightTool
(01:05:16) - Federal Tax Updates Podcast
(01:06:30) - How to advertise in these classifieds
Show NotesNew Xero data sees US small business sales slow as consumer spending tightens
https://www.xero.com/us/media-releases/xero-small-business-insights-usa-january-2023/
 
KPMG Vice Chair Hopes All the Tech Layoffs Will Scare College Kids Into Accounting
https://www.goingconcern.com/kpmg-vice-chair-hopes-all-the-tech-layoffs-will-scare-college-kids-into-accounting/
 
TurboTax Tax Trends Report    
https://blog.turbotax.intuit.com/life/turbotax-tax-trends-report-tax-year-2021-53767/
 
The Argument for Accounting   
https://merrimacknewspaper.com/the-argument-for-accounting/
 
Accounting Software Maker IRIS Sees 30% Growth
https://www.cpapracticeadvisor.com/2023/01/24/accounting-software-maker-iris-sees-30-growth/76127/
 
IRS clarifies crypto question on tax form
https://www.accountingtoday.com/news/irs-clarifies-crypto-question-on-tax-form
 
This forensic accounting startup in Seattle is helping lawyers solve ...      
https://www.geekwire.com/2023/this-forensic-accounting-startup-in-seattle-is-helping-lawyers-solve-fraud-investigations/
 
Bookkeeper Job Description      
https://www.executivepastoronline.com/bookkeeper-job-description/
 
The Largest Accounting Firm in Kentucky Thinks a Tower Will Win the Talent War
https://www.goingconcern.com/the-largest-accounting-firm-in-kentucky-thinks-a-tower-will-win-the-talent-war/
 
Important Changes to QuickBooks Related 1099 Filing and Billing for 2023
https://www.intuitiveaccountant.com/accounting-tech/general-ledger/important-changes-to-quickbooks-related-1099-filing-and-bill/
 
Over 2 in 3 small business owners already feel burnt out in first week of 2023 Intuit QuickBooks research shows  
https://finance.yahoo.com/news/over-2-3-small-business-090000132.html
 
IRS opens 2023 tax filing season
https://www.accountingtoday.c

At Sage Transform 2022, Blake and David spoke with Lea Briscoe, Director of Accounting at Purple Wave, an online auction site specializing in used construction, farm, fleet, and heavy equipment. They discussed Leah's accounting career at Purple Wave and some of the unique accounting challenges faced when running an auction site.

An AI chatbot nearly passed an assurance exam in the UK; 'Office Space' movie inspires fraud; how to keep midcareer CPAs happy in your firm; Canadian accountant ordered to repay firm for 'time theft'; IRS audit rates declined further in 2022.

At Sage Transform 2022, Blake and David spoke with Bonnie Forssell and Jennifer Herbert at Vitamin Angels. They discussed the complexities of running a global not-for-profit.

Not enough new jobs allow for remote working; CPA firm revenue growth outpaces staff earnings; Ron Saharyan from Profit First Professionals joins us; David and Blake catch up on listener mail and much more!

Matthew Woodcock, CPA is the assistant controller at Sprague Pest Solutions. He joined us at Sage Transform 2022 to chat about how and why Sprague moved to cloud ERP to enable multi-entity accounting for their 19 locations.