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It's A Data Entry Nightmare At The IRS

It's A Data Entry Nightmare At The IRS


Episode 273


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Show Notes

00:59 – Taxpayer advocate urges IRS to use scanners to cut backlog

https://www.accountingtoday.com/news/taxpayer-advocate-urges-irs-to-use-scanners-to-cut-backlog 

 

IRS Says Paper Income Tax Returns are Major Cause of Logjam

https://www.cpapracticeadvisor.com/tax-compliance/news/21262251/irs-says-paper-income-tax-returns-are-major-cause-of-logjam

 

14:07 – FTC says TurboTax free filing not as free as advertised, Intuit vows to fight

https://www.accountingtoday.com/news/federal-trade-commission-complaint-says-turbotax-overstated-free-file-options-intuit-vows-to-fight-back

 

FTC Sues Intuit Over Deceptive TurboTax “Free” Filing Campaign

https://smallbiztrends.com/2022/03/ftc-sues-intuit-over-deceptive-turbotax-free-filing.html

 

‘False Claims and Buried Disclosures’: FTC Says TurboTax Tricks People Into Thinking They Can File for Free

https://money.com/turbotax-free-file-ftc-complaint/ 

 

18:32 – Five insights gleaned from PCAOB audit committee chair report

https://www.complianceweek.com/accounting-and-auditing/five-insights-gleaned-from-pcaob-audit-committee-chair-report/31507.article 

 

22:02 – House Bill Calls for Creation of Crypto-Less, Privacy-First Digital Dollar

https://www.pymnts.com/cbdc/2022/house-bill-calls-for-creation-of-crypto-less-privacy-first-digital-dollar/ 

 

24:58 – Voicemail from Ryan Pearcy – Thank you!

 

27:02 – Hedge funds are betting against a cryptocurrency whose price shouldn’t move. Tether says the short sellers are part of a ‘clever scheme to raise capital from those less knowledgeable’

https://www.wsj.com/articles/short-sellers-bet-tether-cryptos-central-bank-is-vulnerable-to-a-run-11648978202

 

29:14 – Hackers heist $600M in crypto from blockchain network

https://www.accountingtoday.com/news/hackers-steal-600-million-in-crypto-from-ronin-blockchain-network 

 

Crypto Gaming's Biggest Success Story Scammed Out Of $600 Million

https://kotaku.com/crypto-axie-infinity-scam-exploit-blockchain-ethereum-n-1848721147

 

34:12 – Accounting software: MCA yet


Published on 3 years, 8 months ago






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