Blake and David touch on several hot topics in the accounting world, including the fallout from Intuit's controversial TurboTax ad, and the National Association of Tax Preparers cutting ties with the company. They also examine Trump Jr.'s threats against Deloitte, KPMG's support for alternative pathways to CPA licensure, and rapper Fat Joe's recent experiences with BDO.
Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
Ignition - http://accountingpodcast.promo/ignition
Mercury - http://accountingpodcast.promo/mercury
Chapters
- (01:16) - Controversial Intuit Ad Campaign
- (03:29) - Blake's Grand Canyon Adventure
- (04:49) - Intuit's Industry Fallout
- (09:58) - Tax Preparation Fee Calculator
- (14:34) - NATP's AI Transition
- (22:01) - Trump Jr. vs. Deloitte
- (24:17) - Trump's Tax Policy for Expats
- (28:08) - Popular Tax Proposals
- (34:42) - App News: Numeric's Big Funding Round
- (35:46) - Understanding Flux Analysis
- (37:11) - AI in Accounting: Real-World Applications
- (40:38) - Tax Season Tips and Client Management
- (43:27) - CPA Licensure and Industry Challenges
- (53:33) - Auditor Misconduct and SEC Rulings
- (57:54) - Celebrity Financial Scandals: Fat Joe's Case
- (01:13:59) - Closing Remarks and Upcoming Adventures
Show Notes
TurboTax ‘Breakup’ Ad Draws Ire From Tax Pro Org
https://tax.thomsonreuters.com/news/turbotax-breakup-ad-draws-ire-from-tax-pro-org/
Deloitte takes fire from Trump-Vance allies over leaked employee messages
https://thehill.com/business/4919910-deloitte-employee-trump-criticism/
Trump supports ending double taxation on Americans living abroad: ‘Let’s put America First’
https://nypost.com/2024/10/14/business/former-president-donald-trump-supports-ending-double-taxation-on-americans-living-abroad/
KPMG Supports Alternative CPA Paths to Address Accountant Shortage
https://tax.thomsonreuters.com/news/kpmg-supports-alternative-cpa-paths-to-address-accountant-shortage
SEC Drops Auditor Misconduct Cases After In-House Judges Ruling
https://news.bloombergtax.com/financial-accounting/sec-drops-auditor-misconduct-cases-after-in-house-judges-ruling
Fat Joe Suing Accountants Over Fraud Activity
https://www.bet.com/article/dh3bcc/fat-joe-suing-accountants-over-fraud-activity
Numeric grabs $28M Series A to automate accounting using AI
https://techcrunch.com/2024/10/10/numeric-grabs-28m-series-a-for-automating-accounting-with-ai/
Ex-Tingo Auditor Aided, Concealed ‘Massive Fraud,’ SEC Claims
https://news.bloombergtax.com/financial-accounting/ex-tingo-auditor-aided-concealed-massive-fraud-sec-claims
Fat Joe On Getting Robbed By Acco
Information
- Show
- FrequencyUpdated weekly
- Published17 October 2024 at 22:00 UTC
- Length1h 18m
- Episode406
- RatingClean