The Accounting Podcast

The Accounting Podcast Trailer Bonus Episode 316 Season 1

Remote Work Accountants Are More Billable

00:00
Recession needed to increase accounting grads; Amber Setter on improving the CPA pipeline; 2023 tax season officially starts; tech layoffs hit accounting tech

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  • (00:00) - Thank you to our sponsor, Keeper
  • (00:20) - Preview : Accountants are prestressed for busy season
  • (00:56) - Blake is in Tucson; Welcome Amber to the show
  • (04:29) - Who is your ideal customer for coaching?
  • (06:42) - Remote workers save an average of 72 minutes per day
  • (14:49) - Thank you to our sponsor, Keeper
  • (16:22) - YouTube Live comment from Sam on working from home
  • (18:07) - WSJ says the job market for remote workers is shrinking — but the demand is still high
  • (19:37) - Will tech layoffs lead college students to accounting?
  • (22:17) - Is it realistic for someone in tech to transition into accounting?
  • (25:43) - Thank you to our sponsor, LiveFlow
  • (27:03) - George Santos was involved in an alleged $17 million Ponzi scheme in Florida
  • (29:46) - Moody's is working on a scoring system for stable coins
  • (31:09) - Wash sales represent up to 77% of trades on unregulated crypto exchanges
  • (32:56) - The IRS released guidance on crypto check mark on 1040s
  • (33:56) - Are accountants more optimistic for the 2023 tax season
  • (37:53) - Thank you to our sponsor, Anchor
  • (39:42) - The IRS has opened an online portal where businesses can file 1099s
  • (42:08) - A few QuickBooks updates
  • (43:45) - AccountingWED article summarizing all the accounting tech layoffs
  • (46:42) - ChatGPT updates
  • (48:41) - Rocket Lawyer has launched Rocket Tax
  • (53:15) - Listener mail from Greg on his firm actually looking for more clients
  • (58:39) - Message from Jared about Right Tool
  • (01:01:33) - Wrap up, where to reach Amber, and one new review
  • (01:04:17) - Client Hub
  • (01:04:54) - RightTool
  • (01:05:16) - Federal Tax Updates Podcast
  • (01:06:30) - How to advertise in these classifieds

Show Notes
New Xero data sees US small business sales slow as consumer spending tightens
https://www.xero.com/us/media-releases/xero-small-business-insights-usa-january-2023/
 
KPMG Vice Chair Hopes All the Tech Layoffs Will Scare College Kids Into Accounting
https://www.goingconcern.com/kpmg-vice-chair-hopes-all-the-tech-layoffs-will-scare-college-kids-into-accounting/
 
TurboTax Tax Trends Report    
https://blog.turbotax.intuit.com/life/turbotax-tax-trends-report-tax-year-2021-53767/
 
The Argument for Accounting   
https://merrimacknewspaper.com/the-argument-for-accounting/
 
Accounting Software Maker IRIS Sees 30% Growth
https://www.cpapracticeadvisor.com/2023/01/24/accounting-software-maker-iris-sees-30-growth/76127/
 
IRS clarifies crypto question on tax form
https://www.accountingtoday.com/news/irs-clarifies-crypto-question-on-tax-form
 
This forensic accounting startup in Seattle is helping lawyers solve ...      
https://www.geekwire.com/2023/this-forensic-accounting-startup-in-seattle-is-helping-lawyers-solve-fraud-investigations/
 
Bookkeeper Job Description      
https://www.executivepastoronline.com/bookkeeper-job-description/
 
The Largest Accounting Firm in Kentucky Thinks a Tower Will Win the Talent War
https://www.goingconcern.com/the-largest-accounting-firm-in-kentucky-thinks-a-tower-will-win-the-talent-war/
 
Important Changes to QuickBooks Related 1099 Filing and Billing for 2023
https://www.intuitiveaccountant.com/accounting-tech/general-ledger/important-changes-to-quickbooks-related-1099-filing-and-bill/
 
Over 2 in 3 small business owners already feel burnt out in first week of 2023 Intuit QuickBooks research shows  
https://finance.yahoo.com/news/over-2-3-small-business-090000132.html
 
IRS opens 2023 tax filing season
https://www.accountingtoday.com/news/irs-opens-2023-tax-filing-season
 
Small businesses lament Sage's monthly subscription changes amid rising costs   
https://www.itpro.co.uk/software/369796/small-businesses-lament-sages-monthly-subscription-changes-amid-rising-costs
 
Rocket Lawyer Launches Tax Prep Tool for Small Business Owners
https://smallbiztrends.com/2023/01/rocket-tax-software-for-small-business.html
 
State Corporate Income Tax Rates and Brackets for 2023 
https://taxfoundation.org/state-corporate-income-tax-rates-brackets-2023/
 
3.4m still need to file tax return 
https://www.accountancydaily.co/34m-still-need-file-tax-return
 
Melio Launches Integration To Sync Payments Data with Xero   
https://www.prnewswire.com/news-releases/melio-launches-integration-to-sync-payments-data-with-xero-301728971.html
 
Firms Hope to Win With Receipt Data Solutions but Implementation Issues Abound
https://www.pymnts.com/innovation/2023/firms-hope-to-win-with-receipt-data-solutions-but-implementation-issues-abound/
 
Moody’s Developing Scoring System for Stablecoins Based on Attestations
https://www.pymnts.com/cryptocurrency/2023/moodys-developing-scoring-system-for-stablecoins-based-on-attestations/
 
The Decline of Voicemail         
https://ritakeller.com/blog/2023/01/the-decline-of-voicemail.html
 
Remote work saves 72 minutes a day     
https://www.accountingtoday.com/news/average-time-saved-by-remote-workers-72-minutes-per-day?utm_source=dlvr.it&utm_medium=twitter
 
TurboTax Tax Trends Report - The TurboTax Blog        
https://blog.turbotax.intuit.com/life/turbotax-tax-trends-report-tax-year-2021-53767/
 
The CPA pipeline includes the present   
https://www.accountingtoday.com/opinion/the-cpa-pipeline-includes-the-present
 

Connect with Amber Setter
Website: http://conscious.cpa
LinkedIn: https://www.linkedin.com/in/ambersetter/
Twitter: https://twitter.com/intentionsetter?lang=en
Facebook: https://www.facebook.com/ConsciousPublicAccountants/
Instagram: https://www.instagram.com/amber_setter_coaching/?hl=en

Get in Touch
Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

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Creators & Guests

Host
Blake Oliver
Founder and CEO of Earmark CPE
Host
David Leary
President and Founder, Sombrero Apps Company
Guest
Amber Setter
Chief Enlightenment Officer | Conscious Public Accountants - Amber Setter is the chief enlightenment officer for Conscious Public Accountants, whose mission is to guide accountants back to their wholeness. She is a national expert on building coaching cultures within the accounting profession. Her professional experience includes serving as an internal and external coach, facilitating and coaching within leadership development experiences, and building a nationally recognized learning and development function. She holds a Masters in Leadership Studies from the University of San Diego and a Bachelors in Business Administration, Accounting from San Jose State University. She is a graduate of Accomplishment Coaching — an ICF accredited Coaches Training Program — and also completed their Advanced Leadership Program as a Mentor Coach. She is an inactive CPA and an ICF Professional Certified Coach, and was recognized by CalCPA as a Woman to Watch in the Experienced Leader Category.

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.