About this episode
Blake and David discuss the Lyft financial typo that sent its stock price soaring. They also examine how AI-powered help desks and customer service are improving efficiency by 10-20%, and look at some alternatives to the pesky 150-hour rule. Other news includes the future of commercial real estate taxes, the use of AI tools to monitor employee communications, and how the IRS plans to collect over $500 billion more in owed taxes. Sponsors OnPay - http://accountingpodcast.promo/onpay Cloud Accountant Staffing - http://accountingpodcast.promo/cas Webgility - http://accountingpodcast.promo/webgility Chapters (00:39) - David asks Blake to guess the profession (07:25) - Lyft's earnings report typo (14:36) - Trump found guilty! (23:08) - The City of Boston could lose over $1 billion from commercial real estate taxes (29:24) - How are some companies using generative AI to improve their businesses? (37:11) - Companies using AI to monitor employee messaging (40:20) - New Jersey CPA Society talks 150-hour rule (52:21) - The IRS is collecting $500 billion more in taxes (54:04) - Thanks for listening, leave us a review and Earn Free CPE Show Notes How Walmart, Delta, Chevron and Starbucks are using AI to monitor employee messages Lyft's Extra Zero Puts Focus on Corporate Controls: Explained $1,741 Is the Average Tax Refund So Far, IRS Says IRS aims to close 'inequity gap' for unpaid taxes. How the agency targets top earners for audit As A New Tax Filing Season Kicks Off, We Look at the IRS Efforts to Improve Customer Service and the Audits of Two Very Different Kinds of Taxpayers Trump civil fraud case: Judge fines Trump $354 million, says frauds 'shock the conscience' How WeWork became the largest tenant in Boston In biggest office lease of the year, Deloitte plans move to Winthrop Center Lyft CEO addresses major typo in earnings report Listener Survey Please take our listener survey: https://accounting.show/survey Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds The CAS Cache - https://cas.beehiiv.com/ Royalwise - https://royalwise.com/partner Forwardly - https://www.forwardly.com/ FutureFirm - https://futurefirmaccelerate.com/cap Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page