The Accounting Podcast

CAP NEWS EXCLUSIVE: LegalZoom has purchased an accounting firm and is growing it with bookkeeping, tax, and onboarding hires in Austin, Texas. With recent executive hires from Intuit, it seems clear that LegalZoom is intent on building a tax and accounting services business that could very well compete with your firm. David and Blake have the details. Also in this episode: How Bob Dylan’s catalog sale highlights a tax advantage for songwriters, how US customers’ attitudes to fintech are shifting during the pandemic, why Slack is the right tool for the wrong way to work, how the huge federal government hack could impact the IRS, and more!

Show Notes

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Show Notes

3:56 - The Top 10 PPP changes in the pending Bipartisan Emergency COVID Relief Act of 2020
https://www.aprio.com/whatsnext/new-stimulus-package-finally-on-the-horizon/

5:08 - LegalZoom Finance and Accounting Careers
https://www.legalzoom.com/careers/by-department?ccc=Finance%20and%20Accounting

6:45 - LegalZoom Names Daniel Wernikoff Chief Executive Officer
https://www.businesswire.com/news/home/20190924005040/en/LegalZoom-Names-Daniel-Wernikoff-Chief-Executive-Officer

6:50 - LegalZoom Grows Leadership Team with Appointment of New Chief Product Officer and Chief People Officer 
https://www.businesswire.com/news/home/20191121005267/en/LegalZoom-Grows-Leadership-Team-with-Appointment-of-New-Chief-Product-Officer-and-Chief-People-Officer

7:07 - LegalZoom Names Shrisha Radhakrishna as Chief Technology Officer 
https://www.businesswire.com/news/home/20200728005325/en/LegalZoom-Names-Shrisha-Radhakrishna-as-Chief-Technology-Officer

7:11 - LegalZoom Names John Buchanan as Chief Marketing Officer and Kathy Tsitovich as Chief Partnership Officer 
https://www.businesswire.com/news/home/20200807005057/en/LegalZoom-Names-John-Buchanan-as-Chief-Marketing-Officer-and-Kathy-Tsitovich-as-Chief-Partnership-Officer

8:26 - Purely Solutions: Overview | LinkedIn
https://www.linkedin.com/company/pure-purelysolutions/

15:10 - Senators ask IRS whether taxpayer data hit in SolarWinds hack
https://www.accountingtoday.com/articles/senators-ask-irs-whether-taxpayer-data-hit-in-solarwinds-hack

16:49 - IRS extends acceptance of digital signatures and emailed documents
https://www.accountingtoday.com/news/irs-extends-acceptance-of-digital-signatures-and-emailed-documents-amid-coronavirus

18:36 - Bob Dylan’s Catalog Sale Highlights a Tax Advantage for Songwriters
https://www.wsj.com/articles/bob-dylans-catalog-sale-highlights-a-tax-advantage-for-songwriters-11607682604

22:24 - Ransomware Attack Hits Major Service Provider For Accounting And Healthcare Organizations
https://www.mondaq.com/unitedstates/it-and-internet/1016294/ransomware-attack-hits-major-service-provider-for-accounting-and-healthcare-organizations

25:49 - China’s Luckin Coffee will pay $180 million to settle accounting fraud charges
https://techcrunch.com/2020/12/16/luckin-180-million-fine-sec/

27:27 - EY Team Found ‘Red-Flag Indicators’ at Wirecard
https://www.pymnts.com/news/security-and-risk/2020/report-ey-anti-fraud-team-found-red-flag-indicators-at-wirecard/

28:32 - Microsoft engineer gets nine years for stealing $10M from Microsoft
https://arstechnica.com/tech-policy/2020/11/microsoft-engineer-gets-nine-years-for-stealing-10m-from-microsoft/

32:31 - Slack Is the Right Tool for the Wrong Way to Work
https://www.newyorker.com/culture/cultural-comment/slack-is-the-right-tool-for-the-wrong-way-to-work

36:55 - WSJ News Exclusive | Massachusetts Regulators to File Complaint Against Robinhood
https://www.wsj.com/articles/massachusetts-regulators-to-file-complaint-against-robinhood-11608120003

40:20 - How US customers’ attitudes to fintech are shifting during the pandemic
https://www.mckinsey.com/industries/financial-services/our-insights/how-us-customers-attitudes-to-fintech-are-shifting-during-the-pandemic

41:36 - GoCardless Notches $95 Million Led By Bain
https://www.pymnts.com/news/investment-tracker/2020/uk-fintech-gocardless-notches-95-million-led-by-bain/

42:22 - Patriot Software Offers Seamless Integration With TSheets by QuickBooks 
https://www.prweb.com/releases/patriot_software_offers_seamless_integration_with_tsheets_by_quickbooks/prweb17603468.htm

43:15 - Ramp raises $30M as the battle to own corporate spend heats up
https://techcrunch.com/2020/12/17/ramp-raises-30m-as-the-battle-to-own-corporate-spend-heats-up/

46:44 - The 5 best note-taking apps of 2021
https://zapier.com/blog/best-note-taking-apps

46:46 - The 8 best free email marketing apps in 2021
https://zapier.com/blog/free-email-marketing-software

46:52 - The best free CRM software for 2021
https://zapier.com/blog/best-free-crm

49:49 - Sage Launches Partner Cloud Program to Accelerate Cloud Migration
https://www.channele2e.com/business/digital-transformation/sage-launches-partner-cloud-program-to-accelerate-cloud-migration/

52:04 - A review! Thank you, JPLisdorf! 

54:28 - Don't forget to check out the bonus episode Justin Elanjian of Aprio!
https://www.cloudaccountingpodcast.com/bonus206


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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

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.