The Accounting Podcast

The Accounting Podcast Trailer Bonus Episode 262 Season 1

IRS On Its Last Leg

IRS On Its Last LegIRS On Its Last Leg

00:00

We've got a lot to unpack today, from snow removal to the seemingly ever-faltering IRS, and their latest hijinks, including targeting side-hustle income. We'll pontificate on whether the IMA offering remote testing is a good idea or not, and we'll discuss listener mail, and how Illinois is bucking the 150-hour trend, and how you just might find a hidden gem of an accounting education at an online college. In app news, GoFundMe is going for nonprofit with Classy, Checkout is targeting Big Enterprise, and Jobber raised a cool $76 million to further its growth in Canada, and elsewhere. All this, and a whole lot more, here and now!

Show Notes

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Show Notes

02:23 – IRS opens Free File program for 2022
https://www.accountingtoday.com/news/irs-opens-free-file-program-for-2022
 
04:06 – Online tax filing. You’ve got this.
https://earmark.link/a1j
 
06:26 – Let’s find the right tax solution for you
https://turbotax.intuit.com/personal-taxes/online/live/
 
08:51 – Jackson Hewitt offers $25 flat fee for DIY tax prep | Accounting Today      
https://www.accountingtoday.com/news/jackson-hewitt-offers-25-flat-fee-for-diy-tax-prep
 
10:00 – IRS targets your side hustle in crackdown on transactions over $600 | Accounting Today            
https://www.accountingtoday.com/articles/irs-targets-your-side-hustle-in-crackdown-on-transactions-over-600
 
12:06 – IRS to Start Accepting Tax Returns on Jan. 24, 2022 | CPA Practice Advisor       
https://www.cpapracticeadvisor.com/tax-compliance/news/21252603/irs-to-start-accepting-tax-returns-on-jan-24-2022
 
12:18 – IRS adds new members to Advisory Council
https://www.accountingtoday.com/news/irs-adds-new-members-to-advisory-council
 
12:51 – AICPA CEO Melancon concerned about IRS bottleneck ahead of tax season | Accounting Today 
https://www.accountingtoday.com/news/aicpa-ceo-melancon-concerned-about-irs-bottleneck-ahead-of-tax-season
 
15:41 – IRS is in crisis, Taxpayer Advocate warns
https://www.cbsnews.com/news/irs-crisis-taxpayer-advocate-warns/
 
23:17 – Listener email - Illinois CPA 150 to 120 hours and a request for advice         
 
27:33 – CAP Listener Dan Luthi’s thoughts on the educational gap  
 
33:24 – After $1B Fundraise, Checkout CEO Says Company Is 100% Enterprise Focused
https://www.pymnts.com/news/investment-tracker/2022/after-1b-fundraise-checkout-ceo-company-100-pct-enterprise-focused/
 
34:33 – Coinbase Buys Crypto Futures Platform FairX - CFO 
https://www.cfo.com/ma/2022/01/coinbase-buys-crypto-futures-platform-fairx/
 
36:24 – GoFundMe Acquiring Nonprofit Software Firm Classy
https://www.pymnts.com/acquisitions/2022/gofundme-acquiring-nonprofit-software-firm-classy/
 
37:31 – Tax leaders looking for better tech skills | Accounting Today            
https://www.accountingtoday.com/news/tax-leaders-looking-for-better-tech-skills
 
38:13 – Edmonton-based Jobber raises $76 million CAD growth equity round
https://betakit.com/edmonton-based-jobber-raises-76-million-cad-growth-equity-round/
 
39:26 – Wagepoint acquires Timesheet Mobile to expand line of powerful, friendly small business tech
https://www.newswire.ca/news-releases/wagepoint-acquires-timesheet-mobile-to-expand-line-of-powerful-friendly-small-business-tech-869887442.html
 
40:23 – IMA offers remote testing for CMA and CSCA exams | Accounting Today 
https://www.accountingtoday.com/news/ima-offers-remote-testing-for-cma-and-csca-exams
 
43:49 – Deloitte Launches Unlimited Reality: An Experience and Impact Offering for Virtual Worlds
https://www.prnewswire.com/news-releases/deloitte-launches-unlimited-reality-an-experience-and-impact-offering-for-virtual-worlds-301460142.html



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Creators & Guests

Host
Blake Oliver
Founder and CEO of Earmark CPE
Host
David Leary
President and Founder, Sombrero Apps Company

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.