{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Accounting Podcast","title":"The HIRE Act Would Tax Firms 25% for Offshore Labor","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/c5d8feb2\"></iframe>","width":"100%","height":180,"duration":4219,"description":"Blake and David examine several major developments affecting the accounting profession, including the proposed HIRE Act that would impose a 25% excise tax on offshore labor payments to accounting firms. They also look at how AI is transforming hiring practices at major firms like PwC, which is cutting graduate recruitment due to advancing technology and explore practical AI implementation strategies for accounting firms, moving beyond basic chatbots to integrated workflows. The show wraps up with a story about fraud at The Epoch Times - a $67 million money laundering scheme - and the ongoing costs of bad social media tax advice.\n \nChapters\n \n\nShow Notes\nNew Moreno Bill Would Crack Down on Outsourcing, Fund American Workers - Senator Bernie Moreno \nhttps://www.moreno.senate.gov/press-releases/new-moreno-bill-would-crack-down-on-outsourcing-fund-american-workers/\nHIRE Act - A BILL \nhttps://www.moreno.senate.gov/wp-content/uploads/2025/09/The-HIRE-Act.pdf\n\nMoreno Bill to Crackdown on Foreign Outsourcing Blocked by Senate Democrats - Senator Bernie Moreno \nhttps://www.moreno.senate.gov/press-releases/moreno-bill-to-crackdown-on-foreign-outsourcing-blocked-by-senate-democrats/\n\nOffshoring is Screwed If This HIRE Act Thing Goes Anywhere But Let's Not Get Too Excited Yet - Going Concern \nhttps://www.goingconcern.com/offshoring-is-screwed-if-this-hire-act-thing-goes-anywhere-but-lets-not-get-too-excited-yet/\n\nPwC's U.K. chief admits he's cutting back entry-level jobs and taking a 'watch and wait' approach to see how AI changes work | Fortune \nhttps://fortune.com/2025/09/08/pwc-uk-chief-cutting-entry-level-junior-gen-z-jobs-ai-economic-headwinds-like-amazon-salesforce/\n\nAI takes entry-level jobs as Big Four slash graduate hiring \nhttps://bmmagazine.co.uk/news/big-four-cut-graduate-jobs-ai/\n\nPwC Cuts Graduate Hiring as AI Reshapes Entry-Level Careers - TechStory \nhttps://techstory.in/pwc-cuts-graduate-hiring-as-ai-reshapes-entry-level-careers/\n\nIRS assesses $162 million in...","thumbnail_url":"https://img.transistorcdn.com/BBmKVcKOQ6x_m3yMMvg6kZR2Y9d_FKTdVd0Ofv-4fhw/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzMxNzMvMTY4OTYx/NzY3MS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}