The Accounting Podcast | It's tax season! (and the best time to steal your competitors' clients)

It's tax season! (and the best time to steal your competitors' clients)

January 14, 2020 / 59:14/E155

It's Tax Season! In this episode, we talk about how much tax cheaters really cost everyone else, some IRS Free File updates, dealing with 1099s and how tax season might actually be the best time to boost your firm's business. We also examine a survey from AccountingWEB about implementing tech and advisory services, how Facebook lost its own employee data, Chase's directive to ban screen scraping, and the during and aftermath of the Thomson Reuters Virtual Office outage. All this and more cloud accounting news you need to know!

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Show Notes

05:31 – Fresh back from the Sage Accountants Advisory Council, in Dallas, Blake is basking in brisket afterglow and ready to talk cloud accounting!
06:21 – David takes a field trip to a real accounting firm!
07:53 – It’s tax season! Yay … | Accounting Today
08:41 – Are IRS audits becoming an endangered activity? | CNBC
11:51 – When the IRS fails to collect from cheaters, it costs everyone else up to $3K | Accounting Today
15:25 – Wanna get new biz for your firm? Start during tax season! | CPA Trendlines
17:08 – IRS calls open season on tax-prep competition, and gives the Free File program a makeover | ProPublica
19:43 – Straight from the source - Free File: File Your Taxes Online for Free | IRS
23:16 – According to a recent survey, accountants are upping their tech game and their advising skills! | AccountingWEB
29:56 – Hello Pot, this is Kettle – Is Amazon feeling too much heat from Honey? | PYMNTS
31:28 – California – Land of Confusion – When it comes to the new privacy law | Fox and Hounds Daily
35:42 – Way to keep that private info safe, Facebook! | Bloomberg
37:35 – No time like the present – the California Board of Accountancy switches to email distribution of its newsletter, just in time to let everyone know they raised their fees | CBA
39:30 – New Year's Bug Takes NYC Parking Meters Offline | PYMNTS
41:53 – Virtually screwed –Thomson Reuters’ Virtual Office goes down for the count … But at least they’re providing status updates! | Thomson Reuters
47:49 – What’s your favorite way of dealing with client 1099s? | CPA Trendlines
49:51 – “Hey, you! Get off of my screen!” Chase just says no to screen-scrapers | Bank Innovation
51:51 – Do banking consumers really want to know who owns their bank data? | CNBC
54:43 – What is open banking, anyway? | American Banker

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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!

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