IRS Agents Working From Home Can Watch H&R Block Reality TV Show

We're celebrating surpassing 10,000 YouTube subscribers! Thank you! Blake and David look into H&R Block's new reality show about teaching people life skills like doing their taxes. They also talk about workflow automation challenges for accounting firms, how the IRS is contacting wealthy non-filers, and the Trump Organization CFO pleading guilty to perjury. They also break down the SEC's extensive new climate disclosure rules and the job opportunities this could create for accountants.


Chapters
  • (03:04) - H&R Block is creating a reality TV show
  • (08:51) - WSJ Op-Ed says IRS agents shouldn't work from home
  • (12:21) - The Accountant 2 gets a big tax credit
  • (14:42) - South Carolina finds $2 billion in bank account
  • (20:49) - Bloomberg article on the lack of accountants
  • (23:18) - Regional banks in trouble?
  • (27:00) - Lyft being sued by their shareholders
  • (29:39) - Is bad workflow automation the cause of bad work/life balances?
  • (37:42) - CPA Trendlines: "Which Niche is the Best Niche?"
  • (46:28) - TurboTax and H&R Block are using AI giving awful tax advice
  • (50:12) - Blake shares new SEC rule's GPT he made
  • (53:19) - AI and data privacy concerns
  • (55:48) - Can AI predict when you'll die?
  • (01:01:37) - Former Trump CFO Allen Weisselberg pleads guilty to perjury
  • (01:03:56) - Thanks for listening and remember to subscribe
 

Show Notes
2024 Report: The State of Accounting Workflow Automation
 
Gartner Survey Shows That a Third of Accountants Make Several Financial Errors Per Week due to Capacity Constraints       
 
The U.S. is short 340,000 accountants-just look at the wave of earnings report mistakes
 
Intuit, H&R Block tax AIs critiqued on accuracy
 
SC accounting error gets renewed focus over $1.8B sitting in state bank account
 
Ex-Trump Org CFO Pleads Guilty to Perjury in Fraud Case
 
H&R Block to Release Short Format Comedy Streaming Series, “Responsibility Island”
 
Federal court holds Corporate Transparency Act unconstitutional
 
Lyft earnings report error prompts shareholder lawsuit              


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Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Creators and Guests

David Leary
Host
David Leary
President and Founder, Sombrero Apps Company
IRS Agents Working From Home Can Watch H&R Block Reality TV Show
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