About this episode
Sponsors Digits: https://www.cloudaccountingpodcast.promo/digits Scribe: https://cloudaccountingpodcast.promo/scribe Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Show Notes 00:59 – Taxpayer advocate urges IRS to use scanners to cut backlog https://www.accountingtoday.com/news/taxpayer-advocate-urges-irs-to-use-scanners-to-cut-backlog IRS Says Paper Income Tax Returns are Major Cause of Logjam https://www.cpapracticeadvisor.com/tax-compliance/news/21262251/irs-says-paper-income-tax-returns-are-major-cause-of-logjam 14:07 – FTC says TurboTax free filing not as free as advertised, Intuit vows to fight https://www.accountingtoday.com/news/federal-trade-commission-complaint-says-turbotax-overstated-free-file-options-intuit-vows-to-fight-back FTC Sues Intuit Over Deceptive TurboTax “Free” Filing Campaign https://smallbiztrends.com/2022/03/ftc-sues-intuit-over-deceptive-turbotax-free-filing.html ‘False Claims and Buried Disclosures’: FTC Says TurboTax Tricks People Into Thinking They Can File for Free https://money.com/turbotax-free-file-ftc-complaint/ 18:32 – Five insights gleaned from PCAOB audit committee chair report https://www.complianceweek.com/accounting-and-auditing/five-insights-gleaned-from-pcaob-audit-committee-chair-report/31507.article 22:02 – House Bill Calls for Creation of Crypto-Less, Privacy-First Digital Dollar https://www.pymnts.com/cbdc/2022/house-bill-calls-for-creation-of-crypto-less-privacy-first-digital-dollar/ 24:58 – Voicemail from Ryan Pearcy – Thank you! 27:02 – Hedge funds are betting against a cryptocurrency whose price shouldn’t move. Tether says the short sellers are part of a ‘clever scheme to raise capital from those less knowledgeable’ https://www.wsj.com/articles/short-sellers-bet-tether-cryptos-central-bank-is-vulnerable-to-a-run-11648978202 29:14 – Hackers heist $600M in crypto from blockchain network https://www.accountingtoday.com/news/hackers-steal-600-million-in-crypto-from-ronin-blockchain-network Crypto Gaming's Biggest Success Story Scammed Out Of $600 Million https://kotaku.com/crypto-axie-infinity-scam-exploit-blockchain-ethereum-n-1848721147 34:12 – Accounting software: MCA yet again defers mandatory audit trail norm by 1 more year https://www.thehindubusinessline.com/economy/accounting-software-mca-yet-again-defers-mandatory-audit-trail-norm-by-1-more-year/article65282052.ece 35:49 – Ask These 3 Interview Questions to Hire the Best Accountant for Your Firm https://news.bloombergtax.com/daily-tax-report/ask-these-3-interview-questions-to-hire-the-best-accountant-for-your-firm Former School of Medicine administrator pleads guilty to stealing $40 million from the University - Yale Daily News https://yaledailynews.com/blog/2022/03/28/former-school-of-medicine-administrator-pleads-guilty-to-stealing-40-million-from-the-university%EF%BF%BC/ 46:51 – Email from Tony – Thank you! 54:40 – Builder.ai Raises $100M Series C Funding Led by Global Software Investor Insight Partners https://www.prnewswire.com/news-releases/builderai-raises-100m-series-c-funding-led-by-global-software-investor-insight-partners-301513079.html 55:22 – Trullion tackles applying AI to accounting workflows | VentureBeat https://venturebeat.com/2022/03/25/trullion-tackles-applying-ai-to-accounting-workflows/ 56:43 – Finally, SMB Accounting Startup, Raises $95M | PYMNTS.com https://www.pymnts.com/news/investment-tracker/2022/finally-a-small-business-accounting-automation-startup-raises-95m/amp/ Finally, a Small Business Accounting Automation Startup, Raises $95M https://www.pymnts.com/news/investment-tracker/2022/finally-a-small-business-accounting-automation-startup-raises-95m/ 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....