David Leary

David Leary

President and Founder, Sombrero Apps Company

Appears in 566 Episodes

Fired IRS Workers Reinstated, Rippling v. Deel, DOGE Cuts Consultants

Blake and David dive straight into the headlines, starting with the controversial IRS workforce cuts and their potential impact on tax collections. They examine corpor...

How Trump's Pick to Run Medicare Paid No Medicare Taxes in 2023

This week on the pod: Judge orders 6 agencies (including IRS?) to rehire fired probationary workers, we dig into the tax trick Dr. Oz used to pay no Medicare taxes, AI...

IRS to Lay Off 50%, How Trump's Tariffs Are Working

How does a profession revitalize itself when salaries haven't budged since 2007? In this episode, Blake and David examine the shocking reality that Big Four audit asso...

Top 10 College Accounting Programs, PwC Israel Fined, Trump Names Crypto Reserve Coins

What happens when the US government considers creating a cryptocurrency reserve? In this episode, Blake and David dive into Trump's surprising announcement about estab...

IRS Layoffs, BOI Is Back, PCAOB Under Threat

Is the U.S. heading toward a financial cliff? In this eye-opening episode, Blake and David unpack the Government Accountability Office's sobering projection that feder...

DOGE Chaos, Reciprocal Tariffs, Deloitte Backs off DEI, AICPA Caves on 150

Today, Blake and David dive into the controversy surrounding DOGE's withholding federal funds and gaining access to Treasury payment systems. They also examine AICPA's...

Accounting Majors Up 12% & IRS Delays Buyout Offer

Blake and David tackle several key accounting industry developments, including a surprising 12% increase in undergraduate accounting enrollment and ongoing debates abo...

Will IRS Agents Take White House Buyout & TaxDome Leak Explained

Blake and David examine several significant developments, including TaxDome's data security incident, and the implications of China's DeepSeek AI model that caused Nvi...

TikTok & IRS Direct File Saved; Trump Issues Own Currency

Blake and David jump into the latest news, including the launch of Trump's own cryptocurrency and KPMG's expansion into legal services in Arizona, taking advantage of ...

JPMorgan's RTO Drama, VC Love for Accounting and the Fall of Bench

Blake and David examine Bench's bankruptcy filing, revealing fascinating details about their spending patterns and challenges with the business model. They also explor...

Ohio Killed The 150-Hour Rule - Who's Next?

Blake and David dive into major industry news, including Ohio ending the 150-hour CPA rule, setting a potential precedent for other states. They also discuss the Black...

How H1-B Visas Suppress Accounting Salaries

Blake and David explore the controversial H-1B visa program's impact on the accounting profession, particularly how firms like Deloitte reportedly pay visa holders 10%...

BOI On Again Off Again, Bench Shuts Down, Dying Language of Accounting

Rounding out 2024, Blake and David tackle tons of accounting news, including bookkeeping startup Bench's shutdown and the ongoing BOI reporting requirements saga. They...

How Private Equity Could Hurt the Accounting Profession

Blake, David, and special guest ChatGPT examine the impact of private equity on accounting firms, looking at how PE ownership affects compensation and firm structures....

New IRS Commissioner Was An ERTC Peddler

Blake and David take a look at several significant developments in the accounting world, including Trump's controversial IRS Commissioner nomination of former Congress...

BOI Blocked | 57% of Firms Raising Prices | Creepy EY Bot

Congratulations to Blake for making Accounting Today's Top 100 Most Influential People list!  Today, Blake and David dig into several significant developments in accou...

Macy's Thanksgiving Accounting Mystery

Blake and David examine the mysteries and motives surrounding the recent Macy's accounting scandal, where a single employee allegedly concealed $132-154 million throug...

DOGE Goes After TurboTax & Remote Work

Blake and David discuss Trump's proposed Department of Government Efficiency (DOGE) and its potential impact on tax filing and federal remote work policies. They analy...

Trump's Tax Plans, IRS PPS Fraud, & PCAOB Drama

Blake and David dive into the economic implications of Trump's election victory, including proposed tariffs that could significantly impact businesses and inflation. T...

Sasan Apologizes to Accountants at Intuit Connect

Blake and David examine Sasan Goodarzi's apology and lukewarm reception regarding the recent controversial TurboTax ad campaign. They also take a look at Intuit's new ...

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