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DOGE Chaos, Reciprocal Tariffs, Deloitte Backs off DEI, AICPA Caves on 150
Episode 423
Today, Blake and David dive into the controversy surrounding DOGE's withholding federal funds and gaining access to Treasury payment systems. They also examine AICPA's move away from the 150-hour req…
Published on 10 months, 1 week ago
Accounting Majors Up 12% & IRS Delays Buyout Offer
Episode 422
Blake and David tackle several key accounting industry developments, including a surprising 12% increase in undergraduate accounting enrollment and ongoing debates about IRS staffing and operations. …
Published on 10 months, 2 weeks ago
Will IRS Agents Take White House Buyout & TaxDome Leak Explained
Episode 421
Blake and David examine several significant developments, including TaxDome's data security incident, and the implications of China's DeepSeek AI model that caused Nvidia's stock to drop. They also d…
Published on 10 months, 4 weeks ago
TikTok & IRS Direct File Saved; Trump Issues Own Currency
Episode 420
Blake and David jump into the latest news, including the launch of Trump's own cryptocurrency and KPMG's expansion into legal services in Arizona, taking advantage of new rules allowing non-lawyers t…
Published on 11 months ago
JPMorgan's RTO Drama, VC Love for Accounting and the Fall of Bench
Episode 419
Blake and David examine Bench's bankruptcy filing, revealing fascinating details about their spending patterns and challenges with the business model. They also explore venture capital's growing inte…
Published on 11 months, 1 week ago
Ohio Killed The 150-Hour Rule - Who's Next?
Episode 418
Blake and David dive into major industry news, including Ohio ending the 150-hour CPA rule, setting a potential precedent for other states. They also discuss the Blackston acquisition of Citrin Coope…
Published on 11 months, 1 week ago
How H1-B Visas Suppress Accounting Salaries
Episode 417
Blake and David explore the controversial H-1B visa program's impact on the accounting profession, particularly how firms like Deloitte reportedly pay visa holders 10% less than U.S. workers and the …
Published on 11 months, 2 weeks ago
BOI On Again Off Again, Bench Shuts Down, Dying Language of Accounting
Episode 416
Rounding out 2024, Blake and David tackle tons of accounting news, including bookkeeping startup Bench's shutdown and the ongoing BOI reporting requirements saga. They also examine concerns about IRS…
Published on 11 months, 3 weeks ago
How Private Equity Could Hurt the Accounting Profession
Episode 415
Blake, David, and special guest ChatGPT examine the impact of private equity on accounting firms, looking at how PE ownership affects compensation and firm structures. They dig into recent data showi…
Published on 1 year ago
New IRS Commissioner Was An ERTC Peddler
Episode 414
Blake and David take a look at several significant developments in the accounting world, including Trump's controversial IRS Commissioner nomination of former Congressman Billy Long. They also dig in…
Published on 1 year ago