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With the holidays fast approaching, we talk about new ways to celebrate, at a healthy distance, of course. Inspired by feedback from Leary's theory on why Trump lost, we dive deep into the reasons, and logic behind it. Looking for some great practice management ideas for winning millennial clients? We've got 11 from Ryan Lazanis, founder of FutureFirm. In app news, we talk about how NetSuite's debut of an accounting partner program; Receipt Bank availability on QuickBooks Desktop via Right Networks, and we'll look at Xero's fast growth slowing down, while profits surge. In the world of taxes, Deutsche Bank calls for taxing remote workers for the privilege of working at home, others are considering the benefits of a wealth tax, and Blake sits down with CAP listener, Juventino Gaytan, NAVSEA accountant, to talk more about relocation, income taxes, and more!
Show Notes
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Show Notes
03:55 – It’s not too late to cancel Thanksgiving
https://www.technologyreview.com/2020/11/14/1012128/its-not-too-late-to-cancel-thanksgiving/
03:55 – It’s not too late to cancel Thanksgiving
https://www.technologyreview.com/2020/11/14/1012128/its-not-too-late-to-cancel-thanksgiving/
08:11 – Follow up on Leary's theory about Trump's Loss from last week's episode
12:34 – Blake sheds some light on his discussion with David Barrett, CEO of Expensify
20:32 – The Time Has Come for a True Wealth Tax
https://dvorak.substack.com/p/the-time-has-come-for-a-true-wealth
https://dvorak.substack.com/p/the-time-has-come-for-a-true-wealth
25:11 – Deutsche Bank calls for a 5 percent 'privilege' tax on people
https://thehill.com/changing-america/respect/poverty/525480-deutsche-bank-calls-for-a-5-privilege-tax-on-people-choosing
https://thehill.com/changing-america/respect/poverty/525480-deutsche-bank-calls-for-a-5-privilege-tax-on-people-choosing
People Who Work from Home Should Pay a New Tax, Economists Suggest
26:50 – Personal banking vs. business banking: Do you need separate bank accounts? | QuickBooks
https://quickbooks.intuit.com/r/banking/personal-vs-business-banking/
https://quickbooks.intuit.com/r/banking/personal-vs-business-banking/
30:50 – Millennials & Your Firm [Xero Survey]: 11 Key Takeaways
https://futurefirm.co/millennials-accounting-firm/
https://futurefirm.co/millennials-accounting-firm/
33:28 – My Startup Story: How This Founder Uses Tech to Prove Work-Life Harmony Is Possible For Accountants » Dallas Innovates
https://dallasinnovates.com/my-startup-story-how-this-founder-uses-tech-to-prove-work-life-harmony-is-possible-for-accountants/
https://dallasinnovates.com/my-startup-story-how-this-founder-uses-tech-to-prove-work-life-harmony-is-possible-for-accountants/
35:57 – Microsoft now lets you bring your own data types to Excel – TechCrunch
38:26 – NetSuite debuts SuiteAccountants program
https://www.accountingtoday.com/news/netsuite-debuts-suiteaccountants-program-to-help-accountants-elevate-service
41:20 – Xero's fast growth slows, but profits surge
https://www.afr.com/technology/xero-s-fast-growth-slows-but-profits-surge-20201109-p56cul
43:19 – Receipt Bank now available for QuickBooks Desktop via Right Networks
https://www.accountingtoday.com/news/receipt-bank-now-available-to-quickbooks-desktop-users-via-right-networks
https://www.accountingtoday.com/news/receipt-bank-now-available-to-quickbooks-desktop-users-via-right-networks
46:13 – Avalara buys Businesses Licenses LLC for $97M
https://www.accountingtoday.com/news/avalara-buys-businesses-licenses-llc-for-97m
https://www.accountingtoday.com/news/avalara-buys-businesses-licenses-llc-for-97m
48:06 – Blake's tax discussion with CAP listener Juventino Gaytan (Tino)
60:05 – Reviews x 3! Thank you, Vcjgvjgbufbycjg (however you would pronounce that), Nonickname7395, and Jesse Gildesgame!
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Full Transcript Available Upon Request - info@cloudaccountingpodcast.com
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What is The Accounting Podcast?
The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at https://earmarkcpe.com.