About this episode
Sponsors OnPay: https://www.cloudaccountingpodcast.promo/onpay FreshBooks: https://www.cloudaccountingpodcast.promo/freshbooks Canopy: https://www.cloudaccountingpodcast.promo/canopy 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 2:57 – Tether (USDT) stablecoin drops below $1 peg https://www.cnbc.com/2022/05/12/tether-usdt-stablecoin-drops-below-1-peg.html Bitcoin plunged to its lowest level since December 2020 as a cryptocurrency selloff gathered steam https://www.wsj.com/articles/bitcoin-falls-to-26-000-as-crypto-selloff-intensifies-11652340653 10:46 – Crypto investors likely pay less than half the taxes they owe https://www.accountingtoday.com/articles/crypto-investors-are-likely-paying-less-than-half-the-taxes-they-owe 12:05 – Web3 accounting firm officially launches on Tactic.com https://domainnamewire.com/2022/05/09/web3-accounting-firm-officially-launches-on-tactic-com/ 22:59 – KPMG UK Somehow Won't Be Getting a Record Fine From the Financial Reporting Council For Carillion Mess https://www.goingconcern.com/kpmg-uk-somehow-wont-be-getting-a-record-fine-from-the-frc-for-carillion-mess/ 25:22 – Listener mail from Chris – Thank you! 35:22 – Logan Graf YouTube Video – How Much Money I made In 2021 As A First Year CPA Firm Owner https://www.youtube.com/watch?v=OIcH2Zv_JyE 38:38 – Listener mail from Tyler – Thank you! 41:20 – Listener mail from Sarah – Thank you! 45:26 – IRS destroyed 30M paper information returns due to backlog https://www.accountingtoday.com/news/irs-destroyed-30m-paper-information-returns-due-to-backlog Report: IRS Destroyed 30 Million Paper Tax Documents https://www.cpapracticeadvisor.com/tax-compliance/news/21267104/report-irs-destroyed-30-million-paper-tax-documents 51:08 – Rippling raises $250M in series D funding https://www.rippling.com/blog/rippling-raises-250m-in-series-d-funding 53:40 – Fueled by the remote work revolution, Deel more than doubles valuation to $12B with new raise – TechCrunch https://techcrunch.com/2022/05/11/fueled-by-the-remote-work-revolution-deel-more-than-doubles-valuation-to-12b-with-new-raise/ 55:08 – Deluxe Announces Collaboration with Codat to Embed Accounting Integrations Directly into Deluxe Payroll + HR Solutions Platform https://www.businesswire.com/news/home/20220510005018/en/Deluxe-Announces-Collaboration-with-Codat-to-Embed-Accounting-Integrations-Directly-into-Deluxe-Payroll-HR-Solutions-Platform 57:18 - Avalara releases tax compliance automation tool for property managers https://www.accountingtoday.com/news/avalara-releases-tax-compliance-automation-tool-for-property-managers 58:06 – Xero’s full year 2022 financial results https://www.xero.com/blog/2022/05/full-year-2022-financial-results/ 59:06 – Millions of Americans May Qualify for Free Broadband Internet Program https://www.cpapracticeadvisor.com/tax-compliance/news/21267032/millions-of-americans-may-qualify-for-free-broadband-internet-program 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 Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: futurefirmaccelerate.com GetW9: getw9.tax Advisors for Ch...