May The 17th Be With You This Tax Season
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With stimulus payments going out a survey shows over half of small businesses are now fully reopened. The federal tax deadline has been extended to May, but tax pros aren't happy about it. The PPP deadline is likewise extended. BDO partners with Xero, ProAdvisors are up-in-arms about having to pay higher ACH fees, a production payroll startup takes aim at payroll for the entertainment industry, and a study shows that CPA education is lagging behind tech and even the CPA exam. Lastly we investigate what's more difficult? The CPA exam or the bar exam? All this and more in our latest episode.
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The SEC charged Trump's audit firm with a massive fraud – 1,500 fake filings over 2.5 years! Plus, hundreds of small US banks are at risk due to commercial real estate loan exposure. We're also talking about the potential of AI tools like Claude and ChatGPT to automate various accounting and...
Published 05/09/24
Published 05/09/24
Blake and David examine the latest tax legislation traveling through Congress, including a new bill requiring the IRS to provide detailed explanations for math errors on tax returns. They also discuss the IRS's new direct file program, the banning of non-compete agreements, and the coolest...
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