Podcasts about certified public accountants

Intuit just cut 17% of its workforce, roughly 3,000 employees, and Alicia is joined by Dan DeLong and Matthew "Spot" Fulton to unpack what actually happened and why it isn't the AI story everyone assumed. Drawing on Dan's 18 years inside the company, they break down the real drivers behind the cuts, the unusually generous severance packages, the closing of the Reno and Woodland Hills offices, and the three big bets shaping Intuit's future. They also dig into the uncertain fate of MailChimp and what the mid-market pivot signals for ProAdvisors and the QuickBooks community.Sponsors:Aqqrue - http://uqb.promo/aqqrueC&R Consulting - http://uqb.promo/cnr(00:00) - Intuit Layoffs Overview (01:57) - Why Layoffs Happen (03:01) - Dan Layoff Story (04:58) - Restructure Not AI (06:23) - Details and Office Closures (09:42) - India and Global Impact (11:50) - Culture and Job Mobility (14:15) - Severance and Support (20:47) - Layoffs and Career Growth (24:42) - Letter Management Layers (29:03) - Customer Support Outsourcing (32:10) - Strategic Hubs and Remote Work (36:09) - TurboTax Credit Karma Merge (37:04) - Restructuring Around Customers (38:09) - Three Big Bets Explained (38:46) - AI Native Done For You (39:49) - Center Of Money Push (41:56) - Mid Market Expansion (43:22) - MailChimp Cuts And Risks (47:10) - Divestiture Rumors And AI (52:36) - SMB Churn And Competition (54:42) - Closing Thoughts And Thanks (55:41) - What's New With Hosts (56:16) - Scaling New Heights Plans (58:25) - Alicia Events And Training (01:01:35) - Awards And Final Wrap LINKSIntuit Account login episode: uqb.show/81 Dan's School of Bookkeeping course about Bulk Editing Data in QuickBooks: https://www.schoolofbookkeeping.com/a/2148284044/FzeLMxRpSchoolofbookkeeping YouTube: https://snip.ly/SOBYTFree Live Workshop Wednesdays: https://www.schoolofbookkeeping.com/workshop-wednesdayQB Power Hour: https://www.qbpowerhour.com/ Alicia's book on Amazon: http://royl.ws/conversion-bookJuly 21 through October 8: HANDS-ON QUICKBOOKS COMPLETE TRAINING COURSE, http://royl.ws/HOT2026?affiliate=5393907We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQBOPodcastSign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

In this episode of the RIA Edge Podcast, host David Armstrong speaks with Andrea Broughton, CEO and founder of WealthCrossing, about the firm’s growth from an Ernst & Young spinout to a $1.5 billion RIA. Andrea shares how the firm grew through client referrals, built tax planning into its client experience, and recently expanded its growth strategy through branding and digital marketing. The conversation explores WealthCrossing’s approach to financial planning and tax strategy, its recent rebrand, talent development, growth initiatives, estate planning and its evaluation of emerging technologies, such as artificial intelligence, while maintaining a strong focus on client service. Key takeaways: How WealthCrossing spun out of Ernst & Young 21 years ago in response to Sarbanes-Oxley regulations, and grew to $1.5 billion in assets without relying on acquisitions. How the firm’s tax-centric approach to financial planning plays out in its hiring decisions and its team-based approach to each client. What drove the firm's decision to outsource tax preparation eight years ago, and then bring it back in-house five years later.  Why after operating for 19 years without one, WealthCrossing partnered with a marketing firm, rebranded as “SBK Financial” and created a surprisingly high percentage of new client leads through digital channels. Why Broughton and her team are taking a more cautious stance than many peers regarding AI integration into their technology stack, even while she personally uses AI tools for administrative tasks and individual productivity. Resources: Listen to the RIA Edge Podcast on Wealth Management Listen and Subscribe to the RIA Edge Podcast on Apple Podcasts Listen and Subscribe to the RIA Edge Podcast on Spotify Connect With David Armstrong: Wealth Management LinkedIn: Wealth Management LinkedIn: David Armstrong Twitter: David Armstrong LinkedIn: Informa Connect With Andrea Broughton: WealthCrossing LinkedIn: WealthCrossing LinkedIn: Andrea Broughton About Our Guest: As CEO and founder of WealthCrossing, Andrea leads the strategic vision and operational oversight of the firm. She specializes in delivering integrated financial services, including investment advisory, tax strategy, retirement, estate, and other financial planning services tailored to high-net-worth individuals and executives. Andrea is known for her client-focused approach, providing services that align with each individual's goals and aspirations. Prior to forming WealthCrossing, Andrea worked in the financial counseling practice at Ernst & Young, spending more than 10 years in Ernst & Young's Boston and Richmond offices. Early in her Ernst & Young career, Andrea audited a number of Fortune 500 companies and mutual funds. She believes her prior work as an auditor has been invaluable, allowing her to look behind the numbers in evaluating investment and business opportunities for the clients' benefit. A magna cum laude graduate of Babson College with a Bachelor of Science in Business Administration, Andrea is also a Certified Public Accountant. She is deeply engaged in her Richmond community, serving as a current Board Member and former President of the Brookfield Foundation. Outside of work Andrea enjoys playing tennis and spending time with her family.

Todd Krause's BIO: Todd A. Krause is the owner of The Cleaning Authority – Fishers, where he grew the business from $1.8 million in revenue to more than $4 million while building a diverse team and a thriving workplace culture that prioritizes people, performance, and long-term success. His leadership approach has earned multiple industry recognitions, including Franchisee of the Year honors. Todd holds an MBA and is a Certified Public Accountant, with more than three decades of experience leading and growing businesses across multiple industries. Over the course of his career, he founded and scaled a fund administration firm managing more than $2 billion in assets under administration, helped launch and grow a major bank business unit that reached $14 billion in assets, and led organizations ranging from startups to complex global enterprises. Today, Todd is the founder of Silversun Consulting, a firm dedicated to solving the growth challenges that keep home-service businesses stuck. Through his consulting, speaking, and writing, he shows business owners how to build companies that grow sustainably by combining strong leadership, effective systems, and positive, culturally competent workplace environments. Todd's work centers on a simple belief: when businesses create caring, positive workplaces where employees thrive, they retain great people, deliver exceptional service, and build companies that grow faster, become more profitable, and operate with less owner stress. He is an author, TEDx speaker, keynote presenter, and passionate advocate for leadership that uplifts employees, strengthens businesses, and improves lives in the communities they serve. In this episode, Virginia and Todd talked about Todd's background in finance Todd's entry into business ownership Business growth vs. business scale Secrets to developing your human capital Leadership advice for solopreneurs Takeaways:  Your goal as a business owner is to build an asset. Bonus the people who help grow your business. Toxic culture = employee turnover and loss of clients. Being a solopreneur doesn't mean that you are working solo and doing everything. Get out of your comfort zone. That's where growth happens. Connect with Todd Krause on his social media accounts to learn more about his work and insights into networking effectively: LinkedIn URL https://www.linkedin.com/in/toddakrause/ Facebook URL https://www.facebook.com/profile.php?id=61554499613120 Instagram URL https://www.instagram.com/toddakrause/   Connect with Virginia: https://www.bbrpodcast.com/ Download my Business by Referral Blueprint and create consistent revenue! https://mktg.masterconnectors.com/business-by-referral-blueprint 

What does the future of the CPA profession look like as advisory, financial planning, and AI reshape client expectations? In this episode of the AICPA Personal Financial Planning Podcast, Cary Sinnett sits down with Sue Coffey, CEO of Public Accounting at the American Institute of Certified Public Accountants, to discuss the profession's transformation from compliance-focused work to holistic trusted advisory. Sue shares why trust has become one of the profession's greatest competitive advantages, how technology and complexity are accelerating change, and why CPA financial planners are uniquely positioned to lead multigenerational client relationships. The conversation also explores how education, credentialing, AI, and evolving firm models are shaping the next generation of CPA advisors. Whether you are building an advisory practice, expanding into financial planning, or thinking about the future direction of the profession, this episode provides an inside look at where the CPA profession is headed and why the opportunity for planners has never been greater. Questions Answered Why is the CPA profession shifting from compliance toward advisory services?  What makes CPA financial planners uniquely valuable to clients and families?  How are AI and technology changing the future of CPA advisory work?  What separates firms that successfully transition into advisory services?  Why did financial planning become part of the CPA exam evolution? How can firms prepare for the future of trusted advisory relationships?  Key Takeaways Trust remains one of the CPA profession's greatest differentiators in an increasingly complex world.  Financial planning is becoming more integrated into the CPA identity and educational pipeline.  AI is expected to enhance CPA capabilities rather than replace advisors.  Successful advisory firms combine technical expertise, relationships, governance, and talent development.  CPA financial planners are well-positioned to serve as the "quarterback" coordinating broader client advice teams. AICPA Resources: Pathways to Practicing Personal Financial Planning Rise2040: Co-creating our profession's future National Accounting Day: What Trust Looks Like in Action Celebrating CPAs This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.

Alicia and Dan DeLong recap Intuit's May In the Know webinar, led by the big reveal that the ProAdvisor program will sunset in early 2027 and return as Intuit ProPartner Accountants. They break down the three Intuit Accountant Suite tiers (the free Core, the paid Accelerate, and the per-client Books Close add-on), walking through custom fields, KPI dashboards, and a new ProConnect Tax workflow, with a heads-up on the deadlines before free access ends. There's also expanded ProAdvisor support hours, the Workforce payroll rebrand, and a reminder that recertification season closes June 30.Sponsors:Aqqrue - http://uqb.promo/aqqrueC&R Consulting - http://uqb.promo/cnrLINKSIntuit's In the Know Slide Deck including “Resources for Making the Switch”: https://drive.google.com/file/d/1SY6pwULfGXBnExxuHTvSLxRpd3r-LmA9/view?usp=sharingRightTool: RightTool.app, use code ROYALWISE for 20% offBooks Close episode: uqb.show/130Dan's School of Bookkeeping course about Bulk Editing Data in QuickBooks: https://www.schoolofbookkeeping.com/a/2148284044/FzeLMxRp Dan's LinksSchoolofbookkeeping YouTube: https://snip.ly/SOBYTFree Live Workshop Wednesdays: https://www.schoolofbookkeeping.com/workshop-wednesdayQB Power Hour: https://www.qbpowerhour.com/ Alicia's new Converting from QBDT to QBO book on Amazon: http://royl.ws/conversion-bookJuly 21 through October 8: HANDS-ON QUICKBOOKS COMPLETE TRAINING COURSE, http://royl.ws/HOT2026?affiliate=5393907We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQBOPodcastSign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Send us Fan MailFor decades, agriculture and energy were treated as separate worlds. But what happens when farms become part of the global energy infrastructure? Ofer Haviv joins us to discuss the rise of castor as a next-generation industrial crop, the future of sustainable aviation fuel, and how AI-driven biology is transforming agriculture itself.Ofer Haviv is CEO of Casterra ( https://casterra.co/ ) and longtime President and CEO of Evogene ( https://evogene.com/ ), one of the pioneers in computational biology and AI-driven agricultural innovation.For more than two decades, Ofer has helped lead the transformation of crop science from traditional breeding into a data-driven discipline powered by predictive biology, artificial intelligence, and advanced genomics. He played a key role in Evogene's spin-off from Compugen in 2002 and has guided the company through its evolution into a global computational biology platform with applications spanning agriculture, human health, industrial biotechnology, and sustainable materials.Today, Ofer also serves as CEO of Casterra, an Evogene subsidiary focused on transforming castor farming into a scalable industrial platform for the future bioeconomy. Through elite castor seed varieties and integrated farming solutions, Casterra is helping address growing global demand for sustainable feedstocks used in biofuels, aviation fuel, lubricants, polymers, cosmetics, and other bio-based industries.With increasing pressure on the world to decarbonize transportation, strengthen energy security, and develop more sustainable industrial supply chains, Casterra's work sits at the convergence of agriculture, climate technology, and renewable energy innovation.Ofer holds a degree in Economics and Accounting from Tel Aviv University and is a Certified Public Accountant in Israel.#OferHaviv #Casterra #Evogene #Biofuels #SustainableAviationFuel #SAF #ClimateTech #Agriculture #AgTech #Biotech #AI #ArtificialIntelligence #ComputationalBiology #RenewableEnergy #GreenEnergy #FutureOfEnergy #IndustrialBiotech #Castor #SustainableFarming #EnergyTransition #Bioeconomy #CarbonNeutral #FutureTech #ClimateInnovation #CleanTech #Aviation #JetFuel #SustainableTechnology #FoodTech #PrecisionAgricultureSupport the show

Roger and Annie catch up on everything that shifted while practitioners were buried in returns: a leaner, digital-first IRS under new CEO Frank Bisignano, a bumpy phase-out of paper checks, and stricter e-file matching that tripped up routine returns. The Kwong decision has handed taxpayers a hard July 10 deadline to claim refunds on COVID-era penalties and interest, with new ERC extension options and a possible conservation easement settlement adding to the summer to-do list.SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters(00:00) - Welcome Back From DC (01:01) - What We Heard In Washington (01:52) - Busy Season Takeaways (04:08) - IRS Digital Transformation (07:57) - CAF Delays And Practitioner Pain (09:46) - Online Accounts And ID Verification (15:09) - Paper Checks Phaseout Confusion (21:15) - Efile Rejections And Fraud Filters (22:58) - Trump Accounts And State Conformity (27:27) - New Developments The Kwong Case (29:47) - What Kuang Covers (35:09) - Practitioner Duty to Notify (38:51) - Processing Delays and Proof (42:21) - ERC Extra Time Request (44:29) - Easement Penalties and Settlement (49:13) - Action Items and IRS Forums (53:52) - Wrap Up and Next Episodes Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Alicia shares her experience at BDO Evolve 2026, covering the relationship-building mindset that changed how she approached the entire conference and a session on Gen Z in the workplace that has her rethinking how accounting firms onboard and develop new staff. She also reveals that Royal Wise took home a BDO Alliance Award for Growth Strategy and breaks down the positioning and pricing decisions behind that win, plus answers a live "stump the expert" question on how QuickBooks Online handles physical versus economic sales tax nexus.Sponsors:Aqqrue - http://uqb.promo/aqqrueMaxima.AI  - http://uqb.promo/maxima(00:00) - Welcome Back From BDO (01:31) - Why Royal Wise Joined (03:07) - New Booth Big Upgrade (03:47) - BRN Summit Keynote (07:23) - Relationship Building Dinners (13:38) - Gen Z At Work Lessons (26:44) - Royal Wise Wins Award (31:53) - Ask Alicia Anything Stumper (35:43) - New Book And Classes (38:07) - Thanks And Sign Off LINKSBDO Evolve 2026: https://conference.bdoalliance.com/#section-scheduleBDO Alliance: https://www.bdo.com/about/bdo-alliance-usaBuy Alicia's Book!http://royl.ws/conversion-bookAlicia's Upcoming Classes4/28/26: Converting from QBDT to QBO: http://royl.ws/QBDT2QBO?affiliate=53939075/12/26: QBO Ledger: http://royl.ws/ledger?affiliate=53939075/19/26: QBO Solopreneur: http://royl.ws/Solopreneur?affiliate=53939075/26/26: QBO Advanced: http://royl.ws/QBO-Advanced?affiliate=53939076/9/26: Intuit Accountant Suite: http://royl.ws/QBOA?affiliate=5393907We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQBOPodcastSign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Episode 85:  In this episode, Timalyn shares how tens of millions of taxpayers may be due a refund from the IRS. Unfortunately, the refund won't be automatic, and there is a clock ticking. That is why Timalyn is discussing it in today's episode.  What happened?During the COVID-19 pandemic era, the IRS continued to assess taxpayers' accounts with penalties and interest. Well, the commissioner and the United States have found them to be wrong in doing so. That is the short version of Abdo v. Commissioner, 162 T.C. (2024), and Kwong vs. United States, 179 Fed Cl. 382 (Nov. 2025)The courts ruled that the COVID-19 pandemic era was a disaster period, from January 20th, 2020, to July 10th, 2023. This means that under §7508A(d) the IRS was not to impose penalties and interest. The IRS National Taxpayer Advocate stated that “tens of millions of taxpayers may be entitled to refunds or abatements of penalties and interest that the IRS assessed during the nearly 3.5-year COVID-19 federal disaster period.”Who could this affect?  The IRS may owe refunds to individual taxpayers, small businesses, trusts, estates, and corporations. This could also affect taxpayers who filed their international information returns late.  What should you do? Timalyn believes the IRS will appeal the ruling in Kwong. Meaning refunds could be held up for months or even years. However, to protect their right to claim the refund, taxpayers must file protective claims with Form 843. These must be filed by July 10th, 2026. How do I know if I am eligible?If you were assessed certain penalties from 2020 to the beginning of 2023, Timalyn says that you're eligible. The easiest way to confirm this is on your tax account transcript.  You can locate this by logging into your IRS.gov account. Timalyn wrote an article that walks you through the process that you can check out here - https://www.americasfavoriteea.com/post/how-to-get-irs-transcript-online-3-steps. You will look to see if penalties and interest were assessed. If they were, then you should consider filing a protective claim. If you already feel overwhelmed, remember, you do have the right to representation. A tax professional with Form 2848, Power of Attorney, and Declaration of Representative on file with the IRS can do this for you. Only an Enrolled Agent, such as Timalyn, Certified Public Accountant, or Tax Attorney, can have a Form 2848 and be your tax power of attorney. Timalyn also shares a company that she has taken a look at, Penalty Back. They are assisting taxpayers with seeing if they are eligible and filing the protective claim on their behalf. ***Timalyn will receive a commission if the company is successful and gets your penalty abated. You can check them out here - https://penaltyback.com/r/americasfavoriteeaNeed Tax Help Now?If you need answers to your tax debt questions, book a consultation with Timalyn via her Bowens Tax Solutions website.  Click this link to book a call.Please consider sharing this episode with your friends and family. This information might be helpful to someone who really needs it.  As we conclude Episode 85, we encourage you to follow Timalyn on social media. You'll be able to subscribe to this podcast on Spotify, Apple Podcasts, YouTube, and many other podcast platforms.  Remember, Timalyn Bowens is America's Favorite EA, and she's here to fill the tax literacy gap, one taxpayer at a time.  Thanks for listening to today's episode.For more information about tax relief options or filing your taxes, visit https://www.Bowenstaxsolutions.com/.If you have any feedback or suggestions for an upcoming episode topic, please submit them here:  https://www.americasfavoriteea.com/contact.Disclaimer:  This podcast is for informational and educational purposes only.  It provides a framework and possible solutions for solving your tax problems, but it is not legally binding.  Please consult your tax professional regarding your specific tax situation.

Matthew "Spot" Fulton of Parkway Business Solutions rejoins Alicia after a year-long sabbatical to share something surprisingly useful: a totally fresh perspective on QBO's new interface, AI features, and bank feeds. Having missed the frustrating transition period, Spot logged back in without the emotional baggage of watching features break in real time -- and found things better than he expected. His "cold return" experience raises a bigger question about whether proximity to the chaos has skewed how accountants assess where QBO actually stands today.Sponsors:Aqqrue - http://uqb.promo/aqqrueMaxima.AI  - http://uqb.promo/maxima(00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast (00:49) - Spot Returns After Sabbatical (01:44) - Top ProAdvisor Backstory (02:34) - Logging Back Into QBO (03:34) - Bookmarks and Client Navigation (05:52) - Bank Feeds Speed Wins (06:46) - Receipt Upload Improvements (10:04) - AI Statement Reconciliation (13:50) - AI Tools and Reporting (19:19) - Vendor Names and Popups (20:31) - Upsells and Intuit Ecosystem (22:58) - How Spot Relearned Fast (26:21) - Clients Frustration and Change (27:19) - Accounting Future With AI (32:06) - Intuit Accountant Suite Tweaks (33:18) - Wrap Up and Whats Next LINKSAlicia's book on Amazon: http://royl.ws/conversion-bookPast episodes we reference:Kirsten Thulborn on subtle changes you don't notice: www.uqb.show/139Connect with Matthewhttps://www.parkway.businesshttps://www.linkedin.com/in/parkwayincAlicia's Upcoming Classes4/28/26: Converting from QBDT to QBO: http://royl.ws/QBDT2QBO?affiliate=53939075/12/26: QBO Ledger: http://royl.ws/ledger?affiliate=53939075/19/26: QBO Solopreneur: http://royl.ws/Solopreneur?affiliate=53939075/26/26: QBO Advanced: http://royl.ws/QBO-Advanced?affiliate=53939076/9/26: Intuit Accountant Suite: http://royl.ws/QBOA?affiliate=5393907We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Remarkably, a single piece of legislation has upended decades of Caribbean offshore dominance in Asian private equity. Since Hong Kong's Limited Partnership Fund Ordinance launched in August 2020, the city has attracted 1,488 active funds by March 2026, a number that signals real and genuine momentum in the region's financial landscape.David Cameron, managing partner of DCLO, joins Ajay Shamdasani to break down why the LPF structure is winning over institutional investors, family offices, and alternative managers alike. The conversation covers the favorable tax treatment across four categories, where three carry zero tax liability, including investment profits, carry distributions, and stamp duty on interest transfers.What does it mean for fund managers when Hong Kong now offers a redomiciliation regime, effective May 2025, allowing full transitions from Cayman or Bermuda without losing legal identity?Since the LPF framework now extends to digital assets, precious metals, and private credit under 2026 guidelines, the appeal has only widened. Cameron also outlines the Capital Investment Entrance Scheme, a $30 million pathway to permanent residency that ties directly into the LPF opportunity.Listen to the full episode to understand why Hong Kong's fund landscape is accelerating fast.Our GuestDavid CameronDavid is a dual-qualified Hong Kong solicitor and New York attorney who has been advising on corporate matters and financial transactions across Asia, based out of Hong Kong, for over 16 years. David has worked for Linklaters and Allen & Overy in addition to, most recently, being a Partner at Dorsey & Whitney. ​​​David has a proven track-record of helping clients with enthusiasm and an entrepreneurial approach. This has resulted in multiple first-ever transactions and initiatives that have led to first-ever national rankings and various international awards. David is consistently ranked globally by institutions such as IFLR1000 and also ranked regionally by institutions such as IBLJ's Top 100 International A-List. ​David holds three graduate degrees, a JD, an MBA and an MA, from the University of Pennsylvania and a BA from Georgetown University.​Our HostAjay ShamdasaniAjay Shamdasani is a veteran writer, editor and researcher based in Hong Kong. He holds an AB in history and government from Ripon College, JD and MIPCT degrees from the University of New Hampshire Franklin Pierce Law School, and an LLM in financial regulation from the Illinois Institute of Technology's Chicago-Kent College of Law.His 15-year long career as a financial and legal journalist began as deputy editor of A Plus magazine – the journal of the Hong Kong Institute of Certified Public Accountants. From there, he assumed the helm of Macau Business magazine as its editor-in-chief, and later, joined Asialaw magazine as its deputy editor.More recently, he spent close to seven years as a senior correspondent with Thomson Reuters' subscription-based trade-wire service Regulatory Intelligence/Compliance Complete (previously called Complinet) in Hong Kong. While there, he covered regulatory developments in that city, as well as Singapore, India and South Korea.

Alicia and guest Matthew Fulton break down everything covered on the QuickBooks Online ProAdvisor Level 1 and Level 2 recertification exams, from test-taking strategies to a deep walkthrough of the new features Intuit is testing you on. Along the way they unpack the expanded AI capabilities built into QBO, including the business feed, Finance AI, the Customer Hub, and the new analytics dashboards. If recertification season has been sitting on your to-do list, this episode is the push and the prep you need.Sponsors:Aqqrue - http://uqb.promo/aqqrueMaxima.AI  - http://uqb.promo/maxima.ai(00:00) - Welcome to the Unofficial QuickBooks Podcast (01:21) - Recertification Season Basics (02:25) - Level 1 vs Level 2 Value (03:46) - How the Tests Changed (04:57) - Prep Tips and Training (09:01) - Open Book Test Strategy (18:26) - Why Recertify Every Year (20:11) - This Year New Platform (26:40) - Exam Objectives Overview (32:59) - Interface and Shortcuts (35:40) - AI Features Breakdown (39:51) - AI Models Privacy and HI (47:23) - Sales Menu Overhaul (48:23) - Customer Hub Focus (49:09) - Inventory Upgrades (51:18) - Sales Orders Evolve (52:18) - Customer Hub CRM Tools (53:36) - Contracts Scheduling Calls (54:43) - Test Strategy Insights (56:29) - Expenses Vendor Updates (01:00:02) - Bill Pay Limits Approvals (01:02:30) - Bank Feeds Extraction Reconcile (01:04:55) - aaaaaaaa port Insights (01:14:41) - Level Two Projects Reports (01:16:18) - Modern Reports Scheduling (01:17:33) - Calculated Fields KPI Scorecard (01:22:20) - Wrap Up Next Steps LINKSIntuit Recertification FAQ: https://quickbooks.intuit.com/uk/accountants/renewing-online-certification/Worksheet with clickable links: https://drive.google.com/file/d/13SojHki1bOyR2xaPjWFD8Z9VxapX8-5I/viewWhat's New in QBO 2026: https://drive.google.com/file/d/1MDAerIGe3WtRKCt_N37IkZgi4nwtxAJj/viewProAdvisor Glossary: https://drive.google.com/file/d/1SPt24RBgvJSBesv6cnUDn73_ccDdtnDO/viewPast episodes we reference:Customer Hub: www.uqb.show/107Alicia's Upcoming Classes4/28/26: Converting from QBDT to QBO: http://royl.ws/QBDT2QBO?affiliate=53939075/12/26: QBO Ledger: http://royl.ws/ledger?affiliate=53939075/19/26: QBO Solopreneur: http://royl.ws/Solopreneur?affiliate=53939075/26/26: QBO Advanced: http://royl.ws/QBO-Advanced?affiliate=53939076/9/26: Intuit Accountant Suite: http://royl.ws/QBOA?affiliate=5393907We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQBOPodcastSign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Have you ever put off going to the doctor because you wanted to lose the weight first? If that hits, this episode is for you. This week I'm joined by my client Erin Hennesey — former state senator, CPA, mom of two — who shares what it actually looked like to stop the on-again-off-again cycle and lose the weight in a way that feels like a lifestyle upgrade. We get into the parts most weight loss conversations skip: the perfectionism that quietly keeps overachievers stuck, and what changed when Erin finally stopped circling and started.   About Erin Hennessey:  Erin Hennessey is a Certified Public Accountant with extensive experience in the financial sector and public service. She graduated from Boston College's Carroll School of Management and began her career at PricewaterhouseCoopers. She has since worked with organizations including Callaway Golf Company, Resources Global Professionals, and the University of Northern Vermont. Erin has a long-standing commitment to community service, including serving the state of New Hampshire as Deputy Secretary of State, State Senator, and State Representative. She has also served on the boards of New Hampshire Public Television, North Country Home Health and Hospice, Littleton Regional Healthcare, and Woodsville Guaranty Savings Bank, and currently serves on the board of the New Hampshire Children's Health Foundation. Erin has two adult children and lives in New Hampshire with her husband, John.   Resources:  Get full show notes and more information here: https://www.burnstressloseweight.com/218 Register for the Live Training on May 31: https://burnstressloseweight.com/training 

Roger and Annie take Federal Tax Updates on the road to the NAEA National Fly-In in Washington, D.C., joined by Tax Notes Federal reporter Ben Valdez and a room full of practitioners ready to talk. The conversation covers the messy rollout of the One Big Beautiful Bill, the paper check-to-direct-deposit transition that left many taxpayers stranded, IRS phone lines that connect but don't solve, and the growing gap between what clients are hearing on TikTok and what their tax pros are actually filing. It's a filing season debrief unlike any other.SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters(00:00) - Live From DC Fly-In (01:12) - Meet Ben Valdez (01:52) - Why Tax Journalism (02:34) - Reporting Complex Tax (03:29) - What Ben Is Watching (04:34) - Annie Recaps Filing (06:55) - Paper Checks Fallout (10:57) - Calling The IRS (13:19) - Audience SSN Credit Trap (15:56) - Standards And Misinformation (18:54) - Expats And International Changes (22:21) - Who Really Benefited (23:59) - Refund Hype Reality (25:26) - Fighting Tax Misinformation (28:03) - VITA Outreach Ideas (30:59) - Two Way IRS Dialogue (34:28) - No Silver Bullet Comms (36:45) - Payments Notices Chaos (38:08) - Phone Help Training Gaps (40:36) - Digital Messaging Future (43:18) - Identity Verification Surge (46:52) - Advisory Committees Value (49:11) - E File Rejections 1065 (51:09) - Final Thanks Wrap Up Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

In a special crossover episode with the Unofficial QuickBooks Accountants Podcast, Nancy and Questian are joined by Alicia Katz Pollock to dig into why so many technically skilled bookkeepers struggle to charge what they're worth — and what it takes to bridge the gap between expertise and authority. Alicia gets candid about her own discomfort with pricing, using a real business pivot as a window into the self-doubt that holds back even the most accomplished practitioners.Sponsors:Fishbowl  - http://uqb.promo/fishbowl(00:00) - Crossover Welcome (00:44) - Meet the Hosts (03:10) - Why Bookkeepers Undervalue (03:51) - Alicia's Wake Up Call (08:11) - Brenda Success Story (12:04) - Losing Trained Talent (17:35) - Scaling the Incubator (22:42) - Pricing and Training Model (27:06) - Hiring Employees Reality (29:18) - Building Full Program Stack (30:05) - Building Support Systems (31:12) - Pricing the Incubator (34:09) - Perks and Discounts (34:52) - Scholarships and Payment Plans (36:00) - Charging What Youre Worth (40:16) - Pilot Program Uncertainty (42:03) - Scaling for an Exit (44:04) - Owning Authority (46:29) - Experts Mantra Shift (54:43) - Do It Anyway (57:11) - Wrap Up and Takeaways LINKSA Bookkeeper's Guide To Annual Reviews | The Dancing Accountant Royalwise OWLS (On-demand Web-based Learning Solutions)The OWLS Incubator ProgramREFRAME 2026 - Event Ticket Purchase Portal Theatre of Public Speaking - Fall 2026 Cohort Accounting Discussion Forum: Bookkeepers, CPAs, EAs | Roundtable Labs Mariette Martinez | LinkedIn The Four Conversations: A New Model for Selling Expertise by Blair Enns | Goodreads BDO Alliance USA: CPA, BRN and More | BDO SheCounts - DoubleAlicia's Upcoming Classes4/28/26: Converting from QBDT to QBO: http://royl.ws/QBDT2QBO?affiliate=53939075/12/26: QBO Ledger: http://royl.ws/ledger?affiliate=53939075/19/26: QBO Solopreneur: http://royl.ws/Solopreneur?affiliate=53939075/26/26: QBO Advanced: http://royl.ws/QBO-Advanced?affiliate=53939076/2/26: Intuit Enterprise Suite: http://royl.ws/intuit-enterprise-suite?affiliate=53939076/9/26: Intuit Accountant Suite: http://royl.ws/QBOA?affiliate=5393907We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Brent chats with Gary Pattengale about how clients can use after-tax strategies to improve their investing and planning outcomes. They discuss things like Roth IRAs, utilizing losses, counseling clients on the complexity, and helping people make informed decisions. Gary Pattengale serves as a Senior Vice President, Advanced Planning Specialist and Wealth Advisor in Mesirow Wealth Management. Gary acts a centralized, specialized resource advising clients on tax implications and strategy considerations when building comprehensive financial plans. Gary has over 30 years of experience in the financial services industry. Prior to joining Mesirow in 2024, Gary helped individuals, families and entities with their investment and financial planning needs as well as helping corporate executives and key employees navigate their stock-based compensation plans at companies such as Corient and Northern Trust. He also served in various accounting and auditing roles. Gary earned a Bachelor of Science in Accounting from Northern Illinois University and has also earned his CERTIFIED FINANCIAL PLANNER®  designation and has previously held the Certified Public Accountant certification. Gary can be found at: Gary Pattengale | Mesirow Employee Bio This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker's firm or its affiliates. If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent go to https://wealthandlaw.com/team/.

QuickBooks Online is retiring Classic Reports on May 22nd, and Hector Garcia is back to make sure Intuit is listening. He crowd-sourced a massive feedback thread from the accounting community and walks Alicia through what's still broken in Modern Reports — from PDF formatting and Excel export issues to drill-down behavior, column sorting, and features gated behind the Advanced SKU. Both hosts are rooting for Modern Reports to succeed, and this episode is their detailed, direct message to Intuit on what needs to get done before the deadline hits.Sponsors:Fishbowl  - http://uqb.promo/fishbowl(00:00) - Welcome to the Unofficial QuickBooks Accountants Podcast (00:31) - Classic reports sunset (02:18) - Community feedback roundup (04:41) - Canny board and priorities (06:17) - PDF header order debate (09:54) - Shading and subtotal lines (14:46) - Advanced only report features (20:56) - Comparative columns control (22:34) - Excel export pain points (26:46) - Big data export limits (30:01) - UI UX drilldown quirks (34:42) - Bookmarking report URLs (37:02) - Fonts zoom and columns (39:09) - Scrolling and laptop reality (41:17) - Better Monitor Setup (41:59) - Default Columns Chaos (44:11) - Drilldown Workflow Fixes (48:29) - Missing Report Toggles (50:08) - Sorting and Grouping Bugs (54:01) - Reports We Still Need (56:24) - Transaction Totals Polarity (58:34) - May 22 Survival Plan (01:07:53) - Right Tool and Enterprise Suite (01:09:31) - Reframe Event and AI Reality (01:13:30) - Dates and Practical Takeaways (01:14:57) - Wrap Up and Next Steps LINKS4/28/26: Converting from QBDT to QBO: http://royl.ws/QBDT2QBO?affiliate=53939075/12/26: QBO Ledger: http://royl.ws/ledger?affiliate=53939075/19/26: QBO Solopreneur: http://royl.ws/QuickBooks-SelfEmployed?affiliate=53939075/26/26: QBO Advanced: http://royl.ws/QBO-Advanced?affiliate=53939076/2/26: Intuit Enterprise Suite: http://royl.ws/intuit-enterprise-suite?affiliate=53939076/9/26: Intuit Accountant Suite: http://royl.ws/QBOA?affiliate=5393907Hector's RightTool.app best add-on for QuickBooks Online via a Chrome Extension, designed by Hector Garcia(Use code ROYALWISE for a discount when you upgrade to PRO)ReframeAccounting.com REFRAME 2026: Innovate Advisory (IA); flipping the AI narrative… join us in November 5-7, 2026 in Miami for the best event you will ever attendWe want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Today, I have the pleasure of speaking with Dan Spector, partner at Hanson Bridgett, an Am Law 200 California-based law firm and the first law firm recognized as a certified B Corp. Dan is a trial lawyer, mediator, and arbitrator whose practice focuses on trust, probate and complex civil cases involving families. He has been named in multiple years as a Super Lawyer by his peers for Northern California in the area of Trust and Estate Litigation and a statewide mediation and private neutral panelist for Judicate West, a professional neutral company with offices throughout California. Dan is a member of the California Lawyer's Association's (CLA) Trust and Estates Section and Litigation Section, as well as the Sacramento County Bar Association's Probate, Trust and Estate Planning Section. He has recently been selected to serve on the Executive Committee for CLA's Trust and Estate Section (TEXCOM), for which he participates in various subcommittees, including the Litigation, Incapacity and Legislation subcommittees. He also serves as a Judge Pro-Tem in the Sacramento Superior Court and has been named as an expert witness on issues relating to trust, probate, and litigation matters. Dan has lectured at U.C. Davis before the Sacramento County Bar Association, CCLSA and the California Society of Certified Public Accountants on the topics of civil litigation and trust and probate litigation. He has served on numerous non-profit boards throughout Sacramento, including as Chair of the Boys and Girls Club of Greater Sacramento, board member of the San Juan Unified School District Superintendent's Advisory Board, board member of the St. Ignatius School Advisory Board, board member of the Anthony M. Kennedy Learning Center, and Chairman of the Board of Del Paso Country Club. Dan served as General Chairman of the 2015 United States Senior Open Golf Championship, the single largest sporting event in Sacramento's history. Dan and his firm Hanson Bridgett are values advisor members of FOX, and we are thrilled to have their expertise within our membership community. We've talked about conflict on this podcast before, but today we'll learn more about Dan's area of expertise – "active conflict". Dan explains for our listeners how active conflict is defined and how it is manifested in both pre-litigation and litigation situations. Families are complex, and family dynamics and the emotional undercurrents that run through the relationships among family members present a unique challenge for both clients and professionals in our field. Dan shares his experience on how families get to the active conflict stage, and he describes the common pathways and the ways family members and their family offices can recognize them. In many cases, significant changes – and resulting conflicts – within a family are triggered by the death of a key family principal. So, one practical consideration is to distinguish between pre-mortem and post-mortem conflict situations. Dan talks about the main differences between family conflicts that take place before vs. after a major death in the family. Active conflict can be very painful for families. Dan provides an outline of the options available to families for managing and resolving active conflict, including the different professional channels and techniques they can resort to. Don't miss this illuminating conversation with a leading expert and practitioner in the field of family conflict management and resolution.

Roger and Annie kick off post-tax season with a checklist of what to do now — from chasing down e-file rejections to evaluating your firm's clients, staff, and workflow while it's all still fresh. They also cover the latest OBBA updates on No Tax on Tips, key IRS filing season stats from the April 15th Congressional hearing, and an urgent reminder about the Kwong v. United States penalty relief deadline that's closer than you think.SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters(00:00) - Welcome to Federal Tax Updates (01:11) - How Filing Season Went (03:22) - E File Perfection Period (05:43) - Avoid Rejection Penalties (06:42) - Post Season Firm Review (09:04) - Staff Clients Tech Tune Up (11:43) - Receivables And Reality Check (14:43) - Extensions And Client Capacity (17:36) - Kwong Case Penalty Relief (22:15) - How To File Form 843 (24:15) - Finding Penalties And Advising Clients (26:23) - Refund Tips Appeal Risk (28:30) - Appeal Or Move On (29:43) - Find Claims And Notify Clients (31:15) - Value Price The Filing (33:10) - No Tax On Tips Update (37:09) - Trump Accounts Stats (39:42) - Refund Credit Goes To Preparers (41:38) - IRS Hearing Highlights (47:10) - Budget Cuts And Tax Gap (52:08) - Wrap Up And DC Teaser Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Intuit Group Design Manager Kirsten Thulborn returns for a second conversation with Alicia to walk through the latest QuickBooks features built specifically with accounting professionals in mind — from payee warnings and drag-and-drop attachments in the bank feed to inline sub-account creation in the chart of accounts. The episode also covers a pair of features coming soon: account locking for tighter client controls and a stoplight-style AI confidence indicator designed to help bookkeepers move through transactions faster. Kirsten also shares how ProAdvisors can submit feedback directly to her team to help shape what gets built next.Sponsors:Fishbowl  - http://uqb.promo/fishbowl(00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast (01:10) - Why Updates Matter (02:11) - Bank Feed Payee Warnings (03:48) - Hide Match Toggle (07:17) - Faster Attachments (08:17) - Reconnect Bank Accounts (10:22) - Client Collaboration Chat (12:32) - Chart Subaccounts Inline (14:21) - Coming Soon Account Locking (16:46) - AI Confidence Stoplight (19:38) - Intuit Intelligence For Accounting (21:05) - Send Feedback And Wrap Up Alicia's Upcoming Classes4/28/26: Converting from QBDT to QBO: http://royl.ws/QBDT2QBO?affiliate=53939075/12/26: QBO Ledger: http://royl.ws/ledger?affiliate=53939075/19/26: QBO Solopreneur: http://royl.ws/QuickBooks-SelfEmployed?affiliate=53939075/26/26: QBO Advanced: http://royl.ws/QBO-Advanced?affiliate=53939076/2/26: Intuit Enterprise Suite: http://royl.ws/intuit-enterprise-suite?affiliate=53939076/9/26: Intuit Accountant Suite: http://royl.ws/QBOA?affiliate=5393907We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickQBOPodcast?sub_confirmation=1Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Alicia sits down with Kirsten Thulborn, Group Design Manager at Intuit, for a rare look at how QuickBooks' user interface actually gets built — from the research behind terminology changes like "post" replacing "add," to why some friction in the UI is intentional. Kirsten pulls back the curtain on how her team balances the needs of power users (accountants and bookkeepers) with small business owners who just want to send an invoice, and what she'd redesign from scratch if she could. Plus: why UI changes feel so disruptive, the technology adoption curve, and the story behind the QuickBooks feature you've probably never noticed.SponsorsWurthy - https://uqb.promo/wurthy(00:00) - Meet Kirsten From Intuit (02:41) - Her Role And Products (03:38) - Career Path At QuickBooks (10:18) - Designing For Power Users (11:52) - Sharing New Features Better (18:05) - Where Feedback Goes (21:06) - Writing Great Feedback (24:08) - Balancing Beginners And Pros (26:34) - Business View War Story (28:51) - Designing Shared Interfaces (29:25) - Why We Say Post (31:39) - Testing UI Changes (35:55) - Why Updates Feel Emotional (39:08) - AI and Future Workflows (43:04) - AI Adoption Curve Explained (48:26) - Redesigning Setup Onboarding (51:43) - A Customer Delight Moment (53:25) - Closing Thanks and Signoff LINKSAlicia's Upcoming Classes4/28/26: Converting from QBDT to QBO: http://royl.ws/QBDT2QBO?affiliate=5393907We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickQBOPodcast?sub_confirmation=1Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

It’s Tax Day — and if you just filed and got hit with sticker shock... Greg and Holly walk through what you can do if you can't pay your tax bill. Plus, what to do if you need more time to file altogether. Susan Spiers, CPA and CEO of Utah Association of Certified Public Accountants, joins with what to do.

Today we welcome Katie Shields who is with the non-profit Iowa Society of Certified Public Accountants to chat a bit about what they do and why. Plus the Society has a special event coming up early in May that we talked about. The most stunning thing we learned is that Katie has been with the Society for twenty-one years.  Pretty amazing! Meet Katie: Thanks for listening! The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on  PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon Central on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.  

Tax Day is tomorrow, which means scammers may be working overtime! Greg and Holly walk through red flags every taxpayer should know to avoid becoming the victim of a last-minute tax scam with Susan Spiers, CPA and CEO of the Utah Association of Certified Public Accountants.

IRS Stakeholder Liaison Glenn Gizzi returns with a sobering mid-tax-season update: data breaches affecting tax practitioners are already outpacing 2024, with over 206,000 taxpayers potentially compromised — and that's only what's been reported. Roger and Annie dig into why so many breaches go unreported, what a paper return filing means for a client's refund timeline (hint: think late 2027), and why getting every client an IP PIN before the next deadline isn't optional anymore.SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters(00:00) - Tax Season Check In (00:58) - Why Pros Are Targets (03:29) - Breach Stats Rising (05:16) - Reporting And Fallout (06:29) - Paper Return Backlog (09:46) - IP PIN For Everyone (11:41) - Long Term Identity Damage (15:51) - Monitor Your EFIN (16:37) - EFIN Compromise Explained (19:14) - Fast IRS Response Process (23:12) - Top Email Scams Today (27:37) - MFA And Safe Replies (31:24) - Train Your Staff (32:11) - How Breaches Start (33:34) - WISP Reality Check (36:11) - WISP Becomes Law (37:46) - Bank Info Hijacks (40:59) - Stop Refund Fraud Fast (43:16) - Refund Speed Risks (46:28) - IP PIN Protection Plan (51:59) - Stakeholder Liaison Help (57:42) - Closing Security Takeaways Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Episode 82:  In this episode, Timalyn talks about FinCen Form 114, Report of Foreign Bank and Financial Accounts (FBAR). Within recent years, FinCen has cracked down on those who are willingly not filing their FBAR. The civil penalties for mistakes with the FBAR can range from $500 - $1,000,000+. That is why Timalyn is discussing it today, to help people avoid those penalties. What is the FBAR?The Bank Secrecy Act (BSA) was passed in the 1970s to help stop money laundering. Part of that requires taxpayers to disclose certain foreign financial accounts. This includes bank accounts, brokerage accounts, and mutual funds. These taxpayers are required to do this annually to the Treasury Department on Form 114.  Who needs to file the FBAR? Not all taxpayers with foreign accounts are required to file an FBAR. It can be an individual who is a citizen or resident, or an entity such as a partnership, corporation, LLC, Trust, or estate. They have a filing requirement if they meet the following requirements: A financial interest in or signature authority over at least one financial account outside of the United States. The aggregate amount in the account(s) at any time during the calendar year was $10,000 or more. There are some exceptions to these rules that can be found on the FinCen and IRS websites.  How do you file the FBAR? You can pay a tax professional to file the FBAR for you or you can file it yourself for free online by using the BSA E-filing system. If you choose to have a tax professional file this form for you, be sure that they have experience with preparing a Form 114. This is a specialized form.  If you'd like a tax professional or someone else to prepare this form for you and submit it electronically, you must fill out Form 114a, Record of Authorization to electronically file FBARs. This form is required even if the person filing the form for you is your spouse. When is the FBAR Due?The FBAR is due on April 15th, the same date as your 1040. However, it is not to be filed with your 1040. These forms go to two different areas under the treasury. Your tax return goes to the IRS and your FBAR goes to FinCen. If you miss the April 15th deadline you can get an automatic extension until October 15th, even without requesting it. If you have trouble in the future with your FBAR, you do have the right to representation. A tax professional with Form 2848, Power of Attorney, and Declaration of Representative on file with the IRS can do this for you. Only an Enrolled Agent, such as Timalyn, Certified Public Accountant, or Tax Attorney, can have a Form 2848 and be your tax power of attorney. Need Tax Help Now?If you need answers to your tax debt questions, book a consultation with Timalyn via her Bowens Tax Solutions website.  Click this link to book a call.Please consider sharing this episode with your friends and family. This information might be helpful to someone who really needs it.  As we conclude Episode 82, we encourage you to connect with Timalyn on social media. You'll be able to subscribe to this podcast on Spotify, Apple Podcasts, YouTube, and many other podcast platforms.  Remember, Timalyn Bowens is America's Favorite EA, and she's here to fill the tax literacy gap, one taxpayer at a time.  Thanks for listening to today's episode.For more information about tax relief options or filing your taxes, visit https://www.Bowenstaxsolutions.com/.If you have any feedback or suggestions for an upcoming episode topic, please submit them here:  https://www.americasfavoriteea.com/contact.Disclaimer:  This podcast is for informational and educational purposes only.  It provides a framework and possible solutions for solving your tax problems, but it is not legally binding.  Please consult your tax professional regarding your specific tax situation.

QuickBooks Online has added item receipts — but before you click that irreversible "turn on" button, you need to understand what you're getting into. Dan DeLong of School of Bookkeeping joins Alicia to explain how item receipts separate the receiving of merchandise from the billing event, why that matters for inventory-heavy businesses, and who actually needs this feature. If you don't have a receiving warehouse step in your workflow, this one's probably not for you.SponsorsWurthy - https://uqb.promo/wurthy(00:00) - Intro to Item Receipts (01:25) - Desktop Origins Explained (02:33) - PO Workflow and Missing Step (04:05) - Date Problems and Enhanced Receiving (06:06) - Inventory Offset Holding Account (09:12) - Turning It On in QBO (09:44) - Irreversible Setting and Backups (11:32) - Testing Before You Commit (12:07) - Bills Without Item Receipts Pitfall (15:43) - Workflow Tips and Reporting Soapbox (18:31) - Who Should Enable This (19:52) - Inventory Roadmap and Wrap Up (21:06) - Announcements and Final Thanks LINKSAlicia's Upcoming ClassesBudgeting in QBO: http://royl.ws/budgeting?affiliate=5393907Dan's LinksS of B Blog on Item Receipts:https://www.schoolofbookkeeping.com/blog/QBOItemReceipts Schoolofbookkeeping YouTube: https://snip.ly/SOBYTBlog on Item Receipts and Enhanced Inventory Receiving: https://www.schoolofbookkeeping.com/blog/QBOItemReceipts Free Live Workshop Wednesdays: https://www.schoolofbookkeeping.com/workshop-wednesdayWe want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Most investors believe that holding cash during uncertain markets is the safest move. If you stay liquid, wait for clarity, and avoid risk, you'll be in a better position when opportunities come… or at least that's the thinking. But what many high-income earners and investors don't realize is that cash sitting idle isn't neutral; it's losing ground. Between inflation, taxes, and missed opportunities, capital that isn't deployed is quietly working against you. And while many investors are pulling back, the most sophisticated capital, family offices, institutions, and sovereign funds, are doing the opposite. They're moving into hard assets. In this episode of Money School Elite, I sit down with Ben Reinberg, CEO of Alliance Consolidated Group of Companies and a commercial real estate investor who has built a $500M+ portfolio from scratch, to break down how experienced operators think about capital in uncertain environments. In this conversation, we discuss why holding cash can actually erode wealth instead of protecting it, how the ability to hold through market cycles creates asymmetric opportunities, and why forced sellers are beginning to create some of the best buying conditions we've seen in years. We also break down an often-overlooked asset class, medical property, and why its demand profile makes it one of the most durable plays in real estate, even during periods of economic disruption.   About the Guest  Ben Reinberg is an iconic investor, mentor, educator, and philanthropist, CEO of Alliance Consolidated Group of Companies, and the author of "Hard Assets and Hard Money for Hard Times: A Blueprint to Build a Hard Asset Empire That Can Withstand Every Economic Cycle". Ben built a $500M+ Commercial Real Estate empire from scratch with billions in transactions. He is a respected authority on commercial real estate acquisition and investment, as well as the development and structuring of transactions. He is well-versed in 1031 exchanges and assessing the needs of investment capital. Ben brings value to the deal process through his ability to build trust quickly, raise equity efficiently, solve problems, and bridge the gap between buyers and sellers. Ben has authored and published numerous articles about the trade. Before establishing Alliance, Ben founded Hillcrest Trading, Ltd., a national acquisition and management firm. He began acquiring commercial real estate assets in the 1990s. His professional affiliations include the American Institute of Certified Public Accountants (AICPA), the Illinois Society of Certified Public Accountants (ICPA), the Urban Land Institute (ULI), and the International Council of Shopping Centers (ICSC). He is also a Charter Member of the International Association of Commercial Real Estate Professionals. To learn more, visit https://www.alliancecgc.com/ or https://www.benreinberg.com/.  Buy "Hard Assets and Hard Money for Hard Times: A Blueprint to Build a Hard Asset Empire That Can Withstand Every Economic Cycle" here.    About Your Host From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America's #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is the founder of The Money School™ and Money Mentor for The Money Multiplier. His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works. Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans, delivering the financial knowledge that fuels lasting freedom.   Resources Private Money Guide:  https://go.moneyschoolrei.com/book-podcast Wealth Wednesday Webinar: https://go.moneyschoolrei.com/wednesday-webinar-podcast Mapping out the Millionaire Mystery:  https://go.moneyschoolrei.com/newbook-podcast    

Re-releasing a DAT listener favorite! Morgan Hamon, president of HDA Accounting Group, is on the pod! HDA is a dental-specific accounting group, and knows dentistry inside and out. Kiera and Morgan discuss profit margins, benchmarks, and AR aging, plus why having good financials will help you make smarter decisions. A profitable practice is more helpful for patients, more secure for team members, and less stressed out in times of uncertainty. Don't run your practice blind; get a good CPA. About Morgan:  Morgan is a graduate of the University of Arizona school of business. Following graduation, he was commissioned as an officer in the United States Navy and served for over ten years as a Naval Aviator flying carrier-based F/A-18 Hornets. During that time, he deployed to Persian Gulf and flew combat missions over Iraq in support of Operation Southern Watch. He also served as a flight instructor and landing signal officer for newly winged Naval Aviators transitioning to the Hornet, training pilots in air-to-air combat and landing on aircraft carriers. After leaving the Navy, Morgan obtained a master's degree in accounting with a concentration in taxation from Metropolitan State University of Denver.  He is a Certified Public Accountant (CPA) and is the co-founder and President of HDA Accounting Group leading a large staff of professional accountants delivering a variety of financial accounting and tax services.   Morgan regularly conducts practice profitability advising for over 500 dentists nationally, helping them analyze their financial data and identifying strategies for profit improvement. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: Kiera Dent (00:00) Hello, Dental A Team listeners. This is Kiera. And today we are bringing you something so special. I am so excited because this is one of our most popular episodes from the archives. Whether you're hearing this for the first time or catching it again, I am so excited because it's jam packed with a ton of takeaways that you can start using right now in your practice. We have released thousands, literally thousands of episodes. And I wanted to start bringing a few of these amazing episodes back for you. So I hope you enjoy. And as always, thanks for listening and I'll catch you next time.   on the Dental A Team podcast.   speaker-0 (00:33) Dental A Team listeners. This is Kiera and you guys, I am so excited. It's always fun when I'm getting ready to start a podcast and the person on the other side of it is somebody that I have just idolized. I refer to their company all the time and then I'm like, oh my gosh, it's you. And that was what just happened with this guest. Today I'm bringing you guys Morgan Hamon He is the president of the HDA accounting group. So you guys know we have a lot of accounting groups that we work with at the Dental A Team. I'm really pro vetting them.   and finding out one of things I love about HDA is they literally have incredible forms for profitability of a practice. Also, watching all your different overhead and you guys know we're super, super pro. But something really fun about Morgan before we bring him on is that he is a graduate of the University of Arizona School of Business. So after that, he actually was commissioned as an officer in the United States Navy and served for over 10 years as a naval aviator flying carrier-based F-18 Hornets. So I'm dying to find out about that.   because he was deployed to the Persian Gulf and flew combat mission over Iraq in support of Operation Southern Watch. Insanely cool stuff. So not only are you a CPA and sometimes CPAs can be boring people. So the fact that you did this and I say that with love to all my CPAs, I was almost fired from a CPA firm once upon a time because I talk too much. So I'm super jazzed. So Morgan, welcome to the show today. How are you?   speaker-1 (01:51) Thanks, I'm doing well. Appreciate being here.   speaker-0 (01:53) Ha   ha, awesome, okay, so I brought you in. You are with HDA CPA, which is amazing. We have a client in Hawaii right now looking to work with you guys. Several of our clients work with you. you guys, I, Bailey, those are my top two CPAs, Profi, top three that I usually refer. So I'm super jazzed to have you on the podcast. But before we dive into like CPA stuff, which I'm always excited about because I feel as a business owner, that was where I was the most weak. And so I'm excited for you to share some tips and ideas. But tell us about flying.   being, you know, flying hornets, like just kind of give us a quick like one or two stories because I'm dying to hear about that.   speaker-1 (02:30) Sure. Yeah. So I like my family is all CPAs. My dad's a CPA brother, cousins. And I, that wasn't what I wanted to do growing up. You know, I wanted to be a fighter pilot. So I went off to college, Navy paid for it, which is a super deal. And then I, then I owed them some time after that, of course. off the flight school, um, did an operational tour.   and F-18s as a West Coast guy. And that's where we went over to Persian Gulf, over Iraq and all that. And ⁓ after that, I was an instructor pilot on the F-18. So that was definitely my favorite part of my service was teaching the young pilots how to actually use the F-18 as a weapon system and landed on the carrier, which was ⁓ probably obviously my favorite part of naval aviation.   pretty exhilarating. Could be incredibly stressful too, especially at nighttime. And I think there's definitely a few stories where I was just absolutely terrified because the weather was terrible. ⁓ There's nowhere else to land. The ship's rocking around and you literally have to figure it out or you're not gonna see the next day. And it's all gonna be happening in seven minutes. It's very...   So it really, grows you up really fast. And I think, you know, after close to 11 years, my wife and I were ready for, you know, a little more normalcy in our life. moved off to private industry. My wife's ⁓ a nurse. She's been in healthcare for 25 years. ⁓ But in terms like the, like what the Navy did for me and how I apply that to business is you,   learn to assimilate a lot of data, complex data, and hash out what you really need to know so you can execute in a very timely manner. there's a lot of noise. You learn how to disregard that and boil it down to some key action items that'll get you through the mission. And that's how I approach business ownership myself.   And I am definitely not the typical CPA. My value is not that I can no account, like I'm the best accountant in the world, not far from it. But I do know how to run a business and systemize. being a business leader is a completely separate skillset from being a clinician. And I see that, I get it. And the reports...   that you mentioned is those full color dashboard style reports that practice profitability analysis. That is straight from my Navy background. It just serve up what you need to know. Here it is. Here's the checklist, so to speak, so that you can make it happen. that's a bit of my background and where I came from. I co-founded HDA accounting group with my dad, in 2009. So we were the two owners for a long time. And then   for your listeners out there that perhaps use us, they'll know Courtney for sure. She's our tax partner. We made her a partner just over three years ago, which was probably one of the best decisions we ever made. She's wonderful. The clients love her. So there's three owners on one of them. And I spend the bulk of my time meeting new doctors, doing like what we're doing right now, and then spending time with our clients, trying to help them make money, make more money.   speaker-0 (06:10) For sure. That's fun. love that you shared. mean, thinking about trying to fly and land a plane, one that would be hard and then try to put it on a moving target and wish you luck. And if you don't make it, you're dead. And so just the, was like, wow, that's kind of like tax deadline, right? Like you're like so stressed and advanced to get there.   speaker-1 (06:29) It puts stress in perspective. Your hardest day in accounting, death is not on the table.   speaker-0 (06:31) I bet it does.   So   this might not be something you want to talk about so we can always cut this part of the podcast if need be Like were you ever really in combat or did you get a primarily be away from that? So thank you for your service. I'm just always curious. Like how was that?   speaker-1 (06:48) It was limited exposure. So back then when I was there, it was still operation Southern watch. So it was not full blown conflict. However, ⁓ they did not want us there. They would shoot at you. ⁓ they were scared to turn on their radars. So they would not typically engage with missiles, the more deadly type of anti-aircraft threat that we would face. They're too scared to turn them on because we would have ⁓   countermeasures to do with that. they would just, they would shoot like artillery at us. And so you would just, you could like barely see, you knew it was there and it was sort of concerning because you're a couple hundred miles in Tyrak. Like if anything happens, you're not going to receive a warm welcome, know, eject or something. So it was definitely had your attention. I remember that my first mission was at night. I was, you know, I had butterflies.   just because we're like all the almost all the way to Baghdad at night. You're on night vision goggles. It's a big strike package. Like the biggest thing I'd ever done before your aerial refueling over Kuwait, both inbound and outbound a lot going on. And, you know, while we're on this topic before these types of missions, you're in a brief for two to three hours ahead of time. There's a lot of moving parts, a lot of things you really need to know. But when you get in the jet,   you have a knee board card where you write stuff down, you have a strike packet, but you've got a very finite amount of time to put some notes. And that's where you get really good at cutting through the noise and putting down like this, no matter what, I need to know this. And that is how I approach the business. You know, with that report we prepare monthly, but also like when the COVID crisis went down last,   March. I think we all remember it very well. It was very scary and we didn't know what was going to happen. We're getting shut down. We got sent home. The dentist got completely shut down. So I, know, when, when you're stressed, one thing I learned in the Navy was you need to, to, they had a term for it, compartmentalization. You need to put that in a compartment and then   speaker-0 (08:53) Right.   speaker-1 (09:12) get out your compartment that is your training and what you know how to do. And you just got to focus on doing what needs to be done when it needs to be done. And so I started putting out content, I use constant contact to reach out to all our doctors and just giving them updates on the crisis saying, is all noise, concentrate on this, do this. Like PPP is coming on, this rapidly changing massive government program.   At the height of the crisis, I was putting those out maybe every third day. There were times when I was getting 40 to 50 emails an hour from clients. Yeah, everyone's like, what do I do? So I would hear from people, like my friends, they're like, oh, know, the COVID, you're getting like lots of house projects done. I said, no. I'm working 12 hours a   speaker-0 (09:55) I'm sure, because it was terrifying.   speaker-1 (10:11) I never worked harder. but that was, that was how I generated those newsletters was cut, through the noise, do these action items and then standby. so that was, I have a lot of very positive feedback on that. And I owe a lot of that just to my Navy experience, cause that's how we did things.   speaker-0 (10:31) That's such an interesting way Morgan of just kind of how you're combining your worlds. I mean, my undergrad was marriage and family therapy.   And then I now coach a bunch of dentists and I'm like, feel like half the time I'm talking to you about your personal life to help with your business.   speaker-1 (10:45) I'm sure that comes up.   speaker-0 (10:47) So I am curious though you talk about I love that you brought up the the examples and the conversation of That you had to just cut through and see the things that are the most important you have a two or three hour debriefing and you've really got to know your most important things because honestly Truly at that point in my opinion it is life and death and so I would imagine not that we're gonna have the same Comparison with a practice of life and death. Sometimes it can get that way. What do you feel are the most? important metrics or numbers or data   that a practice should be knowing you have all this accounting information, you work with hundreds of dentists. ⁓ Obviously I've got my opinions, but like this is where you're the expert on this. So tell me kind of what are the main key factors that if I could only watch so many items on my practice, what should I really be watching to make sure that I'm a successful practice?   speaker-1 (11:33) So first and foremost, the number that I think not every just practice owner, any business owner, what they need to know, I think at all times is what is their profit margin? And I hear stories from clients, you they're at Starbucks or whatever with their colleagues and they'll use someone else as an account firm and they'll ask their friend, what's your overhead on your practice? And they'll say, I don't know.   And they're horrifying. Like how could you not know what your overhead is? Totally. First and foremost, and just to clarify as a CPA, I think in terms of margin, sometimes dentists think in terms of overhead, we're kind of about the same number, you know, a 40 % margin, 60 % overhead. So you have to know your profit margin. And that's not just being greedy or just trying to count the dollars. If you think about a business, owning a business is difficult.   It's stressful. It's risky. All of our doctors signed a personal guarantee on probably a half million dollar note or thereabouts. If they bought the real estate, it could be a seven figure note. That's very stressful. if you're, and then you have employees, which is if we're going to talk current events and some frustrations, we could definitely talk about some staffing, but you have all these responsibilities and challenges and risks.   If the profit is not there, like why are you doing this? Why own a business if you do not receive the corresponding financial reward that should accompany taking that risk and taking on that workload? like profit margin hands down, you have to know that. Then you also, I think, need to know what's influencing profit margin. And that is the equation for profit margin, okay?   is total revenue, less expenses divided by total revenue. ⁓ So there's two sides of that, like revenue and expenses. So what impacts profit? Well, we can definitely look at the expense side. How much are we spending? Do we have any categories that are maybe, maybe we're overspending. So that's one thing to consider. other thing to consider is the revenue.   Are we collecting enough money? Totally. That can be influenced by your fee schedule. Inflation is real this year. to consider. But I think the bigger challenge specific to our industry, the private dental practices, is collections. If you do the production and that doesn't ultimately result in some timely collection, that is going to erode a profit margin very quickly.   So if profit is low, I I think people are predisposed to ask where my overspending totally what's preventing me from having that. And in my opinion, more often than not, it's because they're not collecting money. And we see that because like most CPA firms are pretty tax oriented. They want to do a tax return, maybe do some tax planning. The bookkeeping is sort of, as long as somebody does it and gives us a P and L we can, we can do, but that's not how we do. ⁓   certainly do tax planning and tax returns, but we have to have up-to-date data all year. And the intent of that is to, you if we have to have this data for taxes, why not use it along the way and make as much money as we can? So where I'm going with this is if you have a CPA who's fairly tax oriented, all of our clients and your clients, they have pass-through entities, whether that's an S-corp or partnership or sole proprietor. So they pay tax on their individual or joint personal tax return. That's done on a cash basis.   because of that, most CPAs, don't care about AR. Right. whatever's in dentrics or open dental, forget it. Like they don't care because it doesn't impact their world. Every month we ask for the total production collection. And I want to see what the AR aging looks like. Not that it has anything to do with, it'll never hit their books. It'll never hit their taxes, but it is on page one of our practice profit analysis because   If we're trying to diagnose a low profit margin, we have to know if the practices collected money and the AR aging is what's going to tell us. So that is it's profit margin. You got to know some expense benchmarks and you have to watch the AR aging. Those are the top three. ⁓   speaker-0 (16:03) Yep.   Mm-hmm. I totally agree and I love that you said that because ironically I just came back from a practice and they had multiple partners in there and I didn't feel like I was super savvy on business at all when I started I think most people who start businesses I didn't know what a KPI was I didn't know what overhead meant I didn't know and then I always was puzzled how I could be making quote-unquote so much money But I would never see any of this money and I think a lot of us get puzzled with that we say like well I'm running this much revenue   But why do I feel like I'm always broke or I don't have any money? I hear it constantly. And so I was just in a practice the other day because my first two years of business, I literally made less than a Starbucks barista and I was flying all the time. I would travel over 300 days a year. And I'm like, I'm fine to be a Starbucks barista. If I'm working half days, I'm home every day. I'm going to yoga every single day. Like I'm totally fine with that salary, but I'm working like 90 to a hundred hours a week. Plus I'm traveling. I'm destroying my body.   Like where is this money going? It doesn't make any sense. And so that's where I really got fascinated with overhead and really learning more about the business. But I was just at a practice, they have five partners and I asked all of them, said, what's your overhead? And none of them could tell me. And then they told me they're only checking their margins and their profitability about once a year. And I said, what? Like that is where I feel. And so was interesting because we were hired to come help their team and to help all these different pieces. And I thought, you know,   That's really interesting because they're having a hard time making decisions and agreeing because they don't have the dashboard of information that they need to have. And that's what I feel your KPIs, your overhead, having really, really good financials of a practice help you make smarter decisions. And that's what I'm about of we can make decisions all day long, but why fly blind? Like for you, like, let's go back to flying planes. You can fly a plane blind. You absolutely could. You're probably not going to get great results with it, but you could do it.   speaker-1 (18:09) be   a short, short duration.   speaker-0 (18:11) Right, which I also think is very equivalent to running a practice blind is it can be a very short duration and so watching those numbers I also think it gives you less stress as an owner It helps you be a better boss because you know, can I give this person a raise? Can we hire another person? Also, are we collecting the money doctors? Like if you're producing you should be collecting money for what you're doing I would hate to go do a job Morgan I'm sure you're the same way go do a job where I do the work, but I don't get paid to do the work that just feels   Insanity to me and so I love that you guys as a CPA firm Make sure that your practices know these numbers It's right in the line with what we do all of our clients have to know their numbers and if they don't know their numbers They're going to learn them very quickly because me as a consultant me as a coach I'm flying blind if I don't know what dials to turn you're constantly turning levers hoping to fix the problem But not ever addressing the problem at core   speaker-1 (19:02) I totally agree. And every time I have a visit with one of our doctors and I don't hold myself out there as a coach. But anytime we go over the practice profitability analysis, sometimes they'll sort of head that direction a little bit. ⁓ And because the answer, sometimes they can see the numbers, but they don't necessarily know how to tie it together. And so I try to have...   break it down into one or two action items. Because it is a dental practice owner, they really have finite time to work on their practice. They have their time as a clinician, time as the business leader, time as, should carve out some time to be the CEO. But there's finite time. So if we're gonna dedicate some of that valuable time to improve profit, I think they need to be given.   one or two key action items, use that valuable time on this, because it'll make a difference. sure. So that's, again, another added benefit of having some data is you can, I think, be more effective in your limited time.   speaker-0 (20:12) Agreed. And I will say that I love this because, I was like two years into being an owner before I even knew I should be looking at these things. Also, as an office manager, I did not know I should be looking at these items and that I could directly impact them as a team member. I didn't realize as a team member, I could be impacting overhead and that I could help with profitability of the practice because I will promise you, team members, a profitable practice does more things for their teams. They're able to help more patients and they're able to be more secure with their employees.   Those offices who are highly profitable were not stressing as much through COVID. Their teams were more secure. The offices who were not profitable, they were in hot water, they were scared, they were closing down doors, they were making very rash decisions. And so I think it just helps you keep, like you said, a more level head. So I think it's a big important step of number one, making sure you have a really good CPA and you can outgrow your CPAs. I talked to a lot of clients and sometimes they outgrow their CPA, maybe their friend, their neighbor.   Like guys, that's who I had. had a neighbor friend who was helping me at the beginning and I outgrew that CPA. They didn't know how to run a multi-level business with lots of different factors that I was bringing in. They'd never had a consulting client. And so making sure you work with a CPA who knows your world ⁓ is one of the biggest things that I would suggest. And it's hard because sometimes we go to church with them or we see them at the little league game. But I'm really big on if my CPA is going to give me my guide for my business.   I think it is my moral responsibility to make sure I have a CPA that I can trust, that gives me the correct information in a timely manner, and that way I can actually steer my business in the correct way versus just guessing all the time. So I don't think it's ever too late to get a really good CPA and to use that. And that's something I love about HDA. You guys have some of the most gorgeous reports. The reason I found out about you guys as a company is because one of my offices came to me with all the reports when I was asking these.   the items of how's your AR, how's your overhead? And they're like, actually, this is what my CPA gives me. And I was like, who is this company? And I literally like, I ripped your name off the top of their report and stuck it in my planner, like my little notebook that I had from the office. And I'm like, I need to look into this company. So that's how I actually found out about you guys. So I will say your reports are stunning. So Morgan, if people want to just even talk to you guys to see if you're a good fit for them, they're wanting to know more about their business, making sure they know how profitable they are.   How's the best way for them to connect with you? What do you guys do for Dennis?   speaker-1 (22:33) So I visit with all the dentists, you know, if they're looking to make a change, I'll do those personally. And they could either email me or on our website, there's like multiple places where they can set an initial consultation. I am a firm believer. So myself, my leadership team, all our calendars are public on our website. So there is no gatekeeper. If somebody has a question and wants to run it by me, for example, you know, once they're a client, they can email me.   very serious about email response, like same day. ⁓ Sometimes you need to talk those. Sometimes an email doesn't do it. So we have these 10 minute, 10, 20 minute appointment blocks that anybody can set anytime something's on their mind. So you can also do that with the initial consultation. Those come to me and I do those. So my email, it's just, it's easy. It's Morgan at Morgan@HDAGroupDental.com   speaker-0 (23:29) I'm   sure you guys got that that's H is in house D is in dental A is in Academy HDA So that way it's really clear of this company's name   speaker-1 (23:37) HDAGroupDental.com. That's also our website. So yeah, they could email me, jump on there, make an appointment. I can visit with them. What we specialize in, and this goes along with the discussion you just had on knowing your business, we're very disciplined in staying in a very narrow niche. Because I get asked all the time, why don't you, are you going to do a veterinarian and these other verticals? And the answer is absolutely not.   We know dental practices inside and out. And when you're looking through the soda straw, so to speak, in a very particular niche, we have deep knowledge just in this one industry. it puts us in a position to really be able to help our clients very quickly and very meaningfully. I can't imagine.   being a CPA in public practice where you just sort of have one of everything. I just can't think of a worse existence. So we're very disciplined and staying in our lane. It is private dental practice owners, those owner operator practices that that's who we support. And we have clients just about every state, know, and so we're real adept at working remote. Cool. And staying in touch and making sure that the clients know we're responsive to what's on their mind.   they need.   speaker-0 (24:57) That's amazing.   really love that. And just to clarify, guys, I did not know accounting world. I still don't feel like I do. So Morgan, correct me if I'm wrong, but there's bookkeeping, which kind of reconciles your books. Then there's your CPA who does like tax filing for you. They also make sure that you're within like you guys have it in the correct categories. And then you have your tax planning, which is a completely different world. And then you can also have a financial advisor as far as investments.   your 401ks, your trusts, your funds, all of that. Is that correct? Like, have I gotten?   speaker-1 (25:27) Yeah,   no, you've got it just right. it's actually a really good thing to discuss. And I talk about it on every time I meet a doctor, the first time I try to explain this very carefully. Because one question I'll get is, all right, it's whether it's our firm or anyone else. The question I will get is, so if HDA, if I decide that's a good fit and I come with you guys, who's my person? Yep.   And the answer is there is not one person you actually get three because one person can't do it all. So it starts just like you said, the bookkeeping, sometimes that gets called accounting too. It's really referring to the same thing. It is tracking all the dollars, doing all the reconciliations, preparing financial statements. But that is done. Every one of our clients gets assigned a staff account.   and we like to have a lot of permanence there as much as we can. So they just get to know the practice inside and out. We know where they're buying everything. ⁓ And so the coding's all very accurate and the clients get to know the staff account, but that's all gonna be transactional related. They're gonna do the reconciliations, prepare the work papers, assemble the practice profit analysis and deliver it. When the client has questions, like you mentioned earlier, why do I feel like I'm working myself to death and the bank balance is flat?   That is not going to be a question for the staff account. That's with me or Lauren Dunn, also a CPA, former auditor, really excellent account, better account than me. She's a fabulous account. So she and I do the practice profitability analysis calls and talk about the financials. Then as you pointed out, when it comes to tax, totally separate skillset. And at our firm, that's led by Courtney, our tax partner, our team of senior tax advisors.   And that they do both the tax returns and the tax planning. So those two are very separate, but they're done by the same folks because it requires that skillset. So the tax planning is absolutely the most challenging thing we do because as you know, revenue and expenses change every month. ⁓ It's a very equipment heavy industry. So somebody finally pulls the trigger on that Sarek machine they've been thinking about in November.   speaker-0 (27:35) Yep.   speaker-1 (27:45) That can change things overnight in a hurry. So we look at everybody's tax situation quarterly. And in quarter one, we don't really know what's going to happen during the year. If I could pick accurately choose every peak and valley. A lot of money. a client's revenue curve, I wouldn't be a CPA. I would day trade.   speaker-0 (28:03) On a-   I would too.   speaker-1 (28:11) But what we can do is just take a look, a reasonable look, how's the practice doing at this point? And what is a reasonable estimate that we could make to keep people on track, avoid those under deposit penalties. So that's quarter one and quarter two. Quarter three, which we're just wrapping up now, and then quarter four, that is where we have much more hard data, where we can do some more accurate forecasting.   to see where we are and then just make sure we're checking the box on all those tax strategies. We don't want to leave any money on the table unnecessarily, but we want to make sure everybody's prepared. So we're having those discussions now. We're letting people know now what we think the 2021 tax liability is going to be like seven months in advance. So there's lots of time to plan. It's never awesome news. Every successful practice.   you're going to have some type of effective tax rate no matter who you are. And if you're making big money, know, those can be big numbers. ⁓ We do what we can to mitigate that as an avoid as much tax as possible. But at end of the day, we still got to do some planning ahead. that's tax planning. And then when it gets into the business coaching and consulting that is outside of our   area of expertise and into yours. If it is financial planning, we don't do the financial planning that goes into a separate ⁓ level of expertise. That's very helpful. Yeah, we're all part of the team of advisors, but the monthly accounting, the profitability advising, and the tax and tax planning, that's our world.   speaker-0 (29:48) Fantastic because I wanted and I'm so grateful you broke this down because I will be honest when I thought I hired a CPA I thought they did everything and I think that's a very common misconception I didn't realize there were four people to this just like I learned with marketing. There's not just a marketer There is a brand or there is this there's this there's like SEO and I thought wow, I just didn't understand So I think it's really important for people to differentiate because I was getting frustrated with my CPA not giving me tax advice But at the end of the day, that's not what they specialize in   So as soon as I figured that out, because I'm like, why am I always feeling like I'm being hit with these huge tax bills? Because my CPA can tell me what my taxes are, and they're really good at preparing that. But as far as tax strategy and planning and figuring it all out, that's not necessarily their world. And so once I finally differentiated that, they all work hand in hand, things got a lot clearer for me as a business owner. So guys, make sure you're looking at that. Do you have somebody who's a really fantastic bookkeeper keeping all your books super clear?   Do have somebody who you can talk to about like, I don't feel like I'm making any money. Are you getting consistent reports every single month? I am a big believer in Morgan. sounds like you're the same way. Every month I feel like you should be getting your financials. Then do you have somebody who's doing your tax strategy? I used to somebody call me in November and tell me what my tax bill was or beginning of December. Like November was generous. It usually was the first week of December and I'd cry my eyes out every single year. Just because I'm like, how did we not prepare for this? We've had, you know, 11 months and now we're on month 12.   speaker-1 (30:57) Absolutely.   speaker-0 (31:15) It was very stressful for me as an entrepreneur and a business owner. So I love that you said you guys do tax planning earlier. I'm a big believer, like you're right, it's gonna fluctuate, but at least kind of having a plan starting mid-year, then touching base right before Q4, because there's a lot of things that can be done and I can make smarter decisions with more time and then moving into financial planning. So that was insanely helpful. I love the reports you guys do. I'm a huge advocate of the reports you guys do. I think they're gorgeous and they're so helpful.   So guys, would definitely recommend, if you like your CPA, rock on, keep them. Like I said, I have about three that we recommend and HDA is one of them. So if you're considering it, I think it's a great time. We're not into Q4 yet. And so it's a great time. Now is a time that you can change, get those things kind of squared away. That way you have really great, great just direction and guidance. So Morgan, it was such a fun conversation with you today. Thank you for podcasting with me. Thanks for your knowledge. love it.   speaker-1 (32:09) I really enjoyed it. We covered a lot of good stuff.   speaker-0 (32:12) We did. So guys, go check them out. And if nothing else, make sure you know your practice profitability. I'd say if you don't know that set that as a 2021 or 2022 goal, because the sooner you have that information, even if it's bad, that's okay. cause then you can start making correct changes. If it's great, fantastic. You can make ⁓ even smarter decisions. So I would just challenge everyone listening. If you're an office manager and you don't know your practice profitability, find out.   That way you can help. really suggest team members should also know office overhead. That way they know how they can help guide it and it's not just one person trying to do it. So Morgan, it was a pleasure guys. Go check him out. HDA accounting group. Check him out. They specialize in dentists. They work in all the states. So Morgan, thank you for your time today. I super appreciate it.   speaker-1 (32:53) It was my pleasure. I really enjoyed being here. Thank you.   Kiera Dent (32:55) I hope you all loved today's episode as much as I did. It is crazy to think that this many episodes have been released since we started the Dental A Team Podcast. And I started looking to say, my goodness, our listeners need to be reminded of some of the things they may have learned a year ago or two years ago or five years ago, because so many things in our practices weren't relevant back then when we heard them, but they are relevant today. And I would be doing you a huge disservice if I didn't re-release some of these episodes for you to remember, to refine.   to optimize and really truly if you ever need a topic or you're like, my gosh, I wonder if the Dental A Team has anything like this, go onto our website, TheDentalATeam.com, click on our podcast tab and you can literally search any topic. So whether it's overhead or hiring or firing or team morale or engagement or case acceptance or hygiene   onboarding or whatever it is, we have so many episodes for you. And so I am going to intentionally be   re-releasing some of the top best episodes for you, pulling back some of the ones that I needed to remember, some of the things that I feel for you to really, really relearn right now and to re-remember, or if it's the first time, welcome. I'm so happy you're listening to it, but I hope you truly enjoyed today's episode. I hope that you share this with somebody. I hope that you go and implement today because we only have one day. We only get today. And so making today the best that it possibly can be. If we can help you in any way, shape or form, reach out Hello@TheDentalATeam.com.   And as always, thanks for listening and we'll catch you next time on the Dental A Team Podcast.

What if the biggest thing your numbers could give you isn't stress—it's options? In this episode, Collin sits down with CPA and financial literacy coach Jamie Trull to unpack why so many pet care business owners feel overwhelmed by money. Jamie explains the difference between "compliance" (taxes/bookkeeping) and using financial data to run a smarter, more resilient business. They dig into common blind spots like ignoring labor costs (even when you're solo), running too lean, and missing opportunities hidden in your service-level margins. The conversation ends with practical mindset shifts around pricing, differentiation, proactive CEO habits, and building a business that can scale—and potentially sell. Main topics: Compliance vs. financial clarity Money awareness and curiosity Pricing for real margins Cash flow and payroll timing Differentiation vs. commoditization Main takeaway: "If I want to grow, there are two things I can invest in my business: I can invest my money, or I can invest my time." Most of us started by bootstrapping with time—wearing every hat, doing every visit, solving every problem. But eventually, time becomes the bottleneck, not effort. The shift is realizing that investing money in the right places isn't "wasteful"—it's what turns a job into an asset. When your time is finite and demand is real, letting your money do some of the heavy lifting is how you stop being busy-broke and start building something sustainable. About our guest: Jamie Trull is a Certified Public Accountant and financial literacy coach who helps small business owners step into the role of their own CFO. She specializes in making business finances practical and approachable—without requiring an MBA or a love of spreadsheets. Jamie is the author of Hidden Profit and shares free education on topics like profitability, taxes, and business money systems through her website and YouTube channel. She's especially passionate about serving the pet services industry and helping owners build sustainable, resilient businesses. Links: https://jamietrull.com https://jamietrull.com/book Check out our Starter Packs See all of our discounts! Check out ProTrainings Code: CPR-petsitterconfessional for 10% off

In this exciting episode of Win the 16, we are thrilled to welcome Willie Diefenbach-Jones as our guest. Willie has built a remarkable corporate career with industry giants such as United Health Group and Cigna. She is a true Legacy Creator and Gratitude Consultant, as well as a Certified Public Accountant (CPA) and Six Sigma Master Black Belt. Additionally, she is the co-author of the thought-provoking book, Mindset Matters.Join Dave and Willie as they delve into insightful discussions surrounding her innovative company that focuses on the power of gratitude. They will explore how gratitude can transform lives, the importance of resilience on tough days, the courage to embark on new ventures, and strategies for building impactful referral ecosystems.Don't miss this enriching interview and conversation that promises to inspire and empower!

In this episode Felida Villarreal shares a bit about her story and what experiences have shaped her life. Felida currently serves as President & CEO of Valley Initiative for Development and Advancement (VIDA), a transformative regional nonprofit founded in 1995 that empowers Rio Grande Valley residents to achieve economic prosperity through market-driven training, resources, and career pathways. A licensed Certified Public Accountant in Texas, Felida holds a Master of Accountancy from the University of Texas – Rio Grande Valley and a Bachelor of Business Administration in Accounting from the University of Texas – Pan American. Recognized as a rising leader in workforce development, Felida was named one of Hispanic Executive's prestigious "30 under 30" honorees in 2024 and among their Leading Latinas in 2025 for her commitment to empowering Latino communities through innovative workforce initiatives and creating sustainable pathways to high-wage careers. Her impact has garnered multiple accolades, including the Hispanic Women Making History Award from HWNT-RGV, and many others. Felida also serves on the Hidalgo County Prosperity Taskforce, a strategic initiative launched by County Judge Richard Cortez to combat poverty in the RGV. In this interview from September 2025, Felida also discusses some of her adversities, provides some life advice both in English and Spanish, and also shares what keeps her going and why she invests so much in the Rio Grande Valley community.

Alicia and Dan break down Intuit's March "In the Know" webinar, covering the biggest product updates coming to QuickBooks this spring. The headliner is a new Buy Now, Pay Later option powered by Affirm—available right inside QBO invoices, with no extra fees and no risk to the business owner. They also dig into Books Close pricing changes, a modernized payroll run table, and new recurring and bulk payment features in Bill Pay.SponsorsWurthy - https://uqb.promo/wurthyResources (there are EVEN MORE links in the slide deck!)Intuit's ITK Slide Deck with links and QR codes: https://staticassets.goldcast.io/public_images/organization/c1847aac-670a-476f-9c63-ad93ce43b7eb/ykjffDsdSgCZB7mBHr7K_March2026_ProAdvisor_InTheKnow_Handout.pdfVote for Alicia & Dan + your favorite ProAdvisor for Insightful Accountant's Top ProAdvisor award, March 24 to April 26: https://survey.zohopublic.com/zs/00DALX?utm_campaign=21663829-2026%20Top%20ProAdvisor%20Awards&utm_source=2026topproadvisors_awardsportal&utm_medium=qrcodemurphCall 1-877-222-1351 to get 2 QBO Advanced shells for $68.75 eachWebinars to learn about Intuit Enterprise Suite: https://ieswebinars.intuit.com/hub/ondemand?i=QHjqXHBPTxn-a8Bzak0SgO9aL-6dgfqRQBO's Accounting AI (Bank Feeds) improvements: https://www.youtube.com/watch?v=Upq8Qk538QAAlicia's upcoming classes: Baby's Got Backups: http://royl.ws/QBO-Backups?affiliate=5393907  3rd Party Apps: http://royl.ws/3rdparty?affiliate=5393907  Budgeting in QBO: http://royl.ws/budgeting?affiliate=5393907Intuit Enterprise Suite class on June 2: http://royl.ws/intuit-enterprise-suite?affiliate=5393907Dan's LinksS of B Blog on comparing Books Review and Books Close: https://www.schoolofbookkeeping.com/blog/what-s-the-difference-between-books-review-vs-books-close-is-it-worth-the-cost Schoolofbookkeeping YouTube: https://snip.ly/SOBYTBlog on Item Receipts and Enhanced Inventory Receiving Free Live Workshop Wednesdays: https://www.schoolofbookkeeping.com/workshop-wednesdayWe want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Are you ready for anything? Are you a prepper? Listen in, as Stephanie Toups, @thebugoutbabe shares her expertise and practical advice as a longtime prepper starting from early childhood. Stephanie is a consumer advocate professional particularly focused on safety in food and personal care products. She became fascinated with the industry when she was diagnosed with thyroid autoimmune disorder while pregnant with her second child.An avid ”prepper” she is excited and energized to share the skills she's learned over the years creating a stress-free but well prepared home.Stephanie holds both an undergraduate and Master's degree from Texas A&M University. She is a Certified Public Accountant and has worked extensively in the energy/electricity space.You can find Stephanie on Instagram @thebugoutbabe

Roger sits down with tax controversy attorneys Jessica Marine and Peter Haukebo of Frost Law to unpack a court ruling most tax pros haven't heard of — but probably should act on before July. The Kwong case could mean significant interest and penalty refunds for clients who filed late during the COVID pandemic, and the window to file a claim is closing fast. They also dig into where ERC cases stand now, including why blanket IRS denials are clogging the appeals pipeline and what practitioners should be watching.SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters(00:00) - Welcome and Setup (02:21) - Meet Frost Law Firm (04:34) - Jessica Tax Court Experience (06:23) - Why Tax Controversy Matters (07:10) - Kwong Case Overview (09:43) - Disaster Deadline Rules (11:37) - Refund Claims and Deadlines (14:18) - IRS Response and Strategy (18:27) - Filing Form 843 Right (26:34) - ERC Meets Kwong (30:05) - ERC Audits and Mediation (31:22) - Appeals Backlog Deadlines (32:25) - Why ERC Won't Die (33:57) - PEO Refund Roadblocks (37:03) - Where ERC Litigation Stands (39:19) - IRS Service Breakdown (44:27) - Tariffs Ruling Refunds (49:09) - When to Call Frost (54:43) - New SBA EIDL Collections (55:42) - Tariff Refunds Non Importers (57:52) - Final Thanks Sign Off Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Episode 81:  In this episode, Timalyn talks about how to set up a payment arrangement with the IRS. Specifically, how to set up an online payment plan. What is an IRS Payment Plan?An IRS payment plan is an arrangement between a taxpayer and the IRS that allows the taxpayer to pay their tax debt down over time. The IRS refers to these as installment agreements. Timalyn discusses different types of Installment Agreements in Episode 10 of Tax Relief with Timalyn Bowens: IRS Installment Agreements. What is an Online IRS Payment Plan?An Online IRS payment plan is one that can be set up using the IRS online payment agreement application also known as OPA. If your debt plus penalties and interest is $50,000 or less and you can pay it off in 72 months or less you may be able to set up a payment arrangement through the IRS website. You'll need an IRS account to do this. If you don't already have one Timalyn wrote an article about how to get your IRS transcripts that will also walk you through setting up an account. You can find it here: How to Get an IRS Transcript Online in 3 Steps . Once logged into your account, you will be able to see your repayment options. Technology is great until it is not. Even though you may qualify, the option to set up the arrangement online may not be showing up on your account. If this is the case, then you'll need to call the IRS ACS department to set up your payment arrangement. Timalyn reminds taxpayers that she never judges anyone's tax competency. If you have listened to this episode and you still don't want to set this up yourself, you can hire a professional to take care of it for you. A tax professional with Form 2848, Power of Attorney, and Declaration of Representative on file with the IRS can do this for you. Only an Enrolled Agent, such as Timalyn, Certified Public Accountant, or Tax Attorney, can have a Form 2848 and be your tax power of attorney. Need Tax Help Now?If you need answers to your tax debt questions, book a consultation with Timalyn via her Bowens Tax Solutions website.  Click this link to book a call.Please consider sharing this episode with your friends and family.  There are many people dealing with tax issues, and you may not know about it.  This information might be helpful to someone who really needs it.  As we conclude Episode 81, we encourage you to connect with Timalyn on social media. You'll be able to subscribe to this podcast on Spotify, Apple Podcasts, YouTube, and many other podcast platforms.  Remember, Timalyn Bowens is America's Favorite EA, and she's here to fill the tax literacy gap, one taxpayer at a time.  Thanks for listening to today's episode.For more information about tax relief options or filing your taxes, visit https://www.Bowenstaxsolutions.com/ .If you have any feedback or suggestions for an upcoming episode topic, please submit them here:  https://www.americasfavoriteea.com/contact.Disclaimer:  This podcast is for informational and educational purposes only.  It provides a framework and possible solutions for solving your tax problems, but it is not legally binding.  Please consult your tax professional regarding your specific tax situation.

Tax season tunnel vision is real — and Intuit has been quietly rolling out some significant new features while you've been heads down. Alicia walks through the new Business Tax section (including AI-powered deduction suggestions and ProConnect Tax integration), a beefed-up Customer Hub with built-in contracts and appointment scheduling, and some welcome payroll improvements around document management and employee history. If you've been wondering what's behind those price increases, this episode might just answer that question.SponsorsUNC - https://uqb.promo/uncAlicia's upcoming classes: Baby's Got Backups: http://royl.ws/QBO-Backups?affiliate=5393907  3rd Party Apps: http://royl.ws/3rdparty?affiliate=5393907  Budgeting in QBO: http://royl.ws/budgeting?affiliate=5393907We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

In this episode, I sit down with CPA CJ Tarantino to break down how entrepreneurs and high-income earners can use real estate and smart tax strategies to legally reduce what they owe. We get into depreciation, cost segregation, and how bonus depreciation can create massive write-offs in year one. We also talk about the difference between passive and active income, how short-term rentals can unlock tax advantages, and why most people are overpaying simply because they aren't planning ahead. If you're serious about keeping more of what you make, this is a conversation you need to hear. About CJ: Charles “CJ” Tarantino is the founder of Tarantino CPA and a seasoned Certified Public Accountant with over a decade of experience working with high-income earners, entrepreneurs, and real estate investors. He specializes in advanced tax strategy, helping clients legally minimize taxes through tools like cost segregation, bonus depreciation, and strategic entity structuring. Before launching his firm, CJ worked with top national accounting firms and high-net-worth families, managing complex investment portfolios, multi-entity structures, and multi-state tax planning. Today, he combines big-firm expertise with a boutique, relationship-driven approach—guiding clients to build wealth, protect assets, and optimize their tax strategy with proactive planning year-round. Instagram:https://www.instagram.com/cjthecpa Website:https://tarantino-cpa.com About Justin: Justin Colby is the host of The Entrepreneur DNA and The Science of Flipping podcasts and a best-selling author. He is a serial entrepreneur with over and a seasoned real estate investor with over 20 years of experience. Driven by a passion to help entrepreneurs thrive, Justin created the Entrepreneur DNA community to support business owners in building wealth, systems, and long-term freedom. Through his podcasts, books, education platforms, and hands-on mentorship, he continues to help entrepreneurs scale with clarity and confidence. Connect with Justin: Instagram: @thejustincolby YouTube: Justin Colby TikTok: @justincolbytsof LinkedIn: Justin Colby Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

March is Women's History Month, and we're marking it by featuring the voices of women shaping California at every level of leadership.  This program brings together three trailblazing statewide elected officials—Eleni Kounalakis, Fiona Ma, and Malia Cohen—for a timely conversation about California's past, present, and future through a woman's perspective. Moderated by Nancy Tung, chair of the San Francisco Democratic Party, this discussion will explore how women leaders are carrying forward hard-won progress, governing in the moment, and building a more equitable future for the next generation. About the Speakers Ambassador Eleni Kounalakis is the 50th lieutenant governor of California and the first woman elected to the office. From 2010 to 2013, Kounalakis served as U.S. ambassador to the Republic of Hungary and in 2015 published her acclaimed memoir, Madam Ambassador, Three Years of Diplomacy, Dinner Parties and Democracy in Budapest. Prior to her service, Kounalakis spent 18 years as an executive at one of California's most respected housing development firms, AKT Development. Throughout her career, she served on numerous boards and commissions, including California's First 5 Commission, the San Francisco War Memorial, San Francisco Port Commission, and the Association of American Ambassadors. Eleni Kounalakis graduated from Dartmouth College in 1989 and earned an MBA from U.C. Berkeley's Haas School of Business in 1992. She holds honorary doctorates of law from the American College of Greece and the University of Piraeus and is a member of the Council on Foreign Relations.  State Controller Malia M. Cohen was elected in November 2022, following her service on the California State Board of Equalization (BOE), the nation's only elected tax commission responsible for administering California's $100 billion property tax system. She was elected to the BOE in November 2018 and was chair in 2019 and 2022. As chief fiscal officer of the world's fifth-largest economy, Controller Cohen's primary responsibility is to account for and protect the state's financial resources. Cohen served as president of the Board of Supervisors of San Francisco. As a supervisor, she served as chair of the Budget and Finance Committee and the Audit and Oversight Committee. During this time, she also served as president of the San Francisco Employees' Retirement System (SFERS). Cohen was born and raised in San Francisco and attended public schools. She received her bachelor's degree in political science from Fisk University and a Master's Degree in Public Policy and Management from Carnegie Mellon University.  Fiona Ma, C.P.A., is California's 34th state treasurer. She was first elected on November 6, 2018, with more votes than any other treasurer candidate in the state's history and reelected on November 8, 2022. She is the first woman of color and the first woman Certified Public Accountant (CPA) elected to the position. Her office processes about $3 trillion in banking transactions a year. She provides transparency and oversight for the government's investment portfolio and accounts, as well as for the state's surplus funds.  Moderator Nancy Tung was elected as chair of the San Francisco Democratic Party in April 2024. She previously served as an elected member of the party's local leadership for four years. She deeply understands the impact the Democratic Party has on our local elections and is guiding a new caucus of moderate Democrats in the party. Nancy's core issues are public safety, improving public schools, increasing the housing stock, and supporting small businesses. Outside of politics, Nancy is a career prosecutor, having served at the state and local level for 24 years. Learn more about your ad choices. Visit megaphone.fm/adchoices

Alicia breaks down Intuit's fiscal Q2 2026 earnings report, covering strong performance from QuickBooks Online, TurboTax, and Credit Karma alongside a notable drag from MailChimp. She also unpacks Intuit's growing push into the mid-market through Intuit Enterprise Suite, its expanding AI strategy — including a new integration with Claude Cowork — and what looming price increases could mean for small businesses and their bookkeepers.SponsorsUNC - https://uqb.promo/unc(00:00) - Q2 2026 Report Overview (00:52) - QuickBooks Growth Drivers (01:16) - Intuit Enterprise Suite Surge (02:11) - Claude AI Inside IES (03:07) - QBO Services and SMB Trends (04:19) - TurboTax and Credit Karma Wins (04:53) - Assisted Tax Push (06:40) - MailChimp Slows Down (07:50) - Guidance and HI Focus (08:58) - AI Monetization and Pricing (10:39) - Competitive Moat and Data (11:49) - Wrap Up and Key Takeaways (12:30) - Alicia Updates and Classes LINKSIntuit's FQ2 January 2026 earnings report: https://investors.intuit.com/news-events/press-releases/detail/1307/intuit-reports-strong-second-quarter-results-and-reiterates-full-year-guidanceAlicia's upcoming classes: eCommerce in QBO: http://royl.ws/e-commerce?affiliate=5393907 Baby's Got Backups: http://royl.ws/QBO-Backups?affiliate=5393907  3rd Party Apps: http://royl.ws/3rdparty?affiliate=5393907  We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Roger and Annie check in at the 40% mark of filing season, covering a flurry of legislative activity — from a bipartisan Senate bill that would finally create minimum standards for tax preparers, to new crypto regulatory frameworks and the surprisingly complex mess around car loan interest deductions. They also break down what the IRS CEO told Congress this week, including some filing season stats that are better than expected, and some quality concerns that aren't.SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters(00:00) - Tax Season Check In (02:38) - Bipartisan IRS Service Bill (03:48) - Modernizing IRS Tech (08:07) - Tax Preparer Standards (12:17) - OBBBA 2.0 Talk (16:19) - Healthcare Proposals (17:48) - Crypto Regulation Bills (21:45) - Bills That Passed (24:47) - Scams and Security Focus (28:33) - Filing Season Updates (29:03) - IRS Service Struggles (30:26) - Union Morale Fallout (32:25) - Notices and Forms Update (34:28) - CEO Hearing Highlights (37:13) - Audits and Tax Gap (39:19) - New Deductions Growing Pains (40:51) - Car Loan Interest Confusion (48:03) - ERC and Other Fraud Lessons (50:32) - Tariffs and Refund Questions (52:17) - AI Tax Prep Threat (54:04) - Wrap Up and Sign Off Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Alicia introduces a new segment called Questions from the OWLS, tackling one of the most common headaches in client bookkeeping: business expenses paid from personal funds. She walks through her "Bank of Bob" method, a dummy bank account in QuickBooks that captures the full detail of those transactions, and explains how to handle everything from owner equity cleanup to bartering arrangements.Alicia's current classes: Tricky Situations: http://royl.ws/QBOtricks?affiliate=5393907 Next-level Accrual Accounting: http://royl.ws/NextLevelAccounting?affiliate=5393907  We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding  SponsorsUNC - https://uqb.promo/unc

Michael sits down with Christopher to unpack the power of combining CPA and legal expertise for small business owners. With dual credentials, Christopher explains how founders benefit from a single, trusted advisor who understands tax codes, legislation, acquisitions, and risk, reducing friction and costly missteps. The conversation explores intentional business strategy and why due diligence matters before launching or scaling. Christopher shares the origin of his book 168 Hours, created to bridge the gap between theory and execution, and calls out common mistakes like prioritizing advertising before solid financial planning. Michael reinforces the importance of timing, surrounding yourself with experienced advisors early, and using professionals proactively, not reactively. They also discuss proactive planning at key inflection points such as cash flow strain, rapid growth, and exit preparation. The episode closes with insights on doing things right the first time, recognizing trends early, and building infrastructure that supports long-term value creation. Christopher also shares details about his podcast Blabo and where to find his work. Bio — Chris Papin Chris Papin, owner of Papin CPA, where I bring a rare combination of legal and accounting expertise to help business owners navigate the complex intersection of finances, compliance, and growth strategy. With a Bachelor's and Master's degree in accounting from University of Oklahoma, I became a Certified Public Accountant in 2007 and earned my Juris Doctor from Oklahoma City University School of Law in 2008.  Admitted to practice before the United States Tax Court in 2010, I've been recognized early in my career by the Oklahoma Bar Association Leadership Academy (2009‑10) and honored by the Oklahoma Society of Certified Public Accountants as a “Trailblazer” in 2010. (legendarypodcasts.com) At Papin CPA we take a holistic advisory role — I'm not just your CPA or your attorney —I'm a strategic partner who understands both the numbers and the legal implications behind them. Our firm's innovative approach was acknowledged in 2017 when we received the Thomson Reuters Innovation Award for client‑centric growth and in 2022 we were recognized among the “Top Emerging Firms of the Year” for our forward‑thinking impact and commitment to excellence.  Whether you're a small business owner seeking clarity on tax strategy, regulatory risk or overall growth planning, I bring the dual lens of law and accounting to guide you toward actionable solutions. I'm deeply committed to forging lasting client relationships and helping companies move from reactive to proactive—so your time and resources serve your vision, not just your compliance needs. Ready to dive into strategy, ethics and growth? Let's turn complexity into clarity. https://www.linkedin.com/in/chrispapin/ https://www.papincpa.com/ https://papinspeaks.com    

Alicia and Dan spin the Wheel of Rants and land on a topic that hits close to home: constant software changes. From QuickBooks' modern reports rollout to Microsoft quietly burying features inside Copilot, they unpack why unexpected changes feel so disorienting, even when the updates are improvements. The conversation broadens into AI's growing impact on the entire software industry and what it means for accountants trying to stay on top of tools that won't stop moving.SponsorsUNC - https://uqb.promo/unc(00:00) - Wheel of Rants Setup (01:24) - Topic Software Changes (02:14) - Why Change Frustrates Pros (04:15) - Staying Current With Updates (06:16) - AI Shifting Software UI (11:42) - Industry Wake Up Call (16:06) - Stability Versus Innovation (20:04) - Modern Reports Reliability (24:24) - Apple Liquid Glass Woes (26:39) - Adapting To New Ecosystems (29:04) - Wrap Up And Takeaways (29:32) - What Dan And Alicia Are Doing (31:05) - Final Thanks And Sign Off LINKSAlicia's current classes: Payroll Perfection Bundles (t QBO Payroll classes - 1099s, Running Payroll, Payroll Compliance, Payroll Forms, and QB Time): http://royl.ws/payroll-perfection?affiliate=5393907  Tricky Situations: http://royl.ws/QBOtricks?affiliate=5393907 Next-level Accrual Accounting: http://royl.ws/NextLevelAccounting?affiliate=5393907  10 Best Practices in QBO: http://royl.ws/QBO-Best-Practices?affiliate=5393907  QBO Hacks (Tips & Tricks) http://royl.ws/QBOHacks?affiliate=5393907 Dan's LinksSchoolofbookkeeping YouTube: https://snip.ly/SOBYT Free Live Workshop Wednesdays: https://www.schoolofbookkeeping.com/workshop-wednesdayWe want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

Roger and Annie check in mid-tax-season with a candid look at what's actually landing on desks — from W-2s showing overtime pay coded a half-dozen different ways to clients convinced their entire salary qualifies for the new deduction. They also break down the meal and entertainment changes taking effect in 2026, including why your office coffee pot is now a tax problem.SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Chapters(00:00) - Mardi Gras Catch Up (01:53) - Tax Season Pulse Check (05:17) - New Tips and Overtime Law (07:07) - Tracking and Payroll Prep (10:58) - New Fees and Tip Confusion (12:46) - W2 Example Box 14 Codes (16:25) - Should We Ask About Overtime (20:36) - OT Premium Smell Test (24:39) - Weird W2 Overtime Codes (27:04) - Pay Stub Premium Math (29:25) - Pay Stub Math Costs (29:55) - Overtime Premium Basics (32:13) - W2 Box 14 Overtime (33:27) - When Details Are Missing (35:35) - Double Overtime Limits (36:18) - Salary vs Overtime Claims (38:36) - Due Diligence and Fees (41:01) - Meals Rules Change 2026 (45:01) - Zero Deduction Office Meals (45:37) - Coffee and Snacks Debate (48:59) - Client Education and COA (51:48) - IRS Paper Checks Ending (55:49) - Wrap Up and Next Steps Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Alicia recaps Intuit's February ProAdvisor In the Know webinar, covering a packed slate of product updates across QuickBooks Online, Intuit Enterprise Suite, and the newly renamed Intuit Accountant Suite. Highlights include a new Affirm Buy Now Pay Later option appearing on invoices, major bank feed customization improvements, an AI-powered deduction maximizer for business owners, and new construction-specific tools in IES. Intuit also teased a July launch of AI agents that will handle tasks like invoicing, payment tracking, and book reconciliation — though details remain scarce.SponsorsUNC - https://uqb.promo/uncResources:In the Know Slide Deck: https://staticassets.goldcast.io/public_images/organization/c1847aac-670a-476f-9c63-ad93ce43b7eb/yq4uYaZUSYqvQm6KaCIZ_February2026_ProAdvisor_InTheKnow_Handout.pdfPartner Webinars (Double & Method upcoming): https://eventhub.goldcast.io/?eventHubId=15cc4a3e-96eb-4910-973c-45f143b60e60Canny for product feedback: http://intuit.canny.ioCustomer Hubba-Hubba (our episode about the new Customer Hub): www.uqb.show/107Dan and Alicia deep dive into Intuit Accountant Accelerate and Books Close: www.uqb.show/130Alicia's current classes: Tricky Situations: http://royl.ws/QBOtricks?affiliate=5393907 Next-level Accrual Accounting: http://royl.ws/NextLevelAccounting?affiliate=5393907  10 Best Practices in QBO: http://royl.ws/QBO-Best-Practices?affiliate=5393907  QBO Hacks (Tips & Tricks) http://royl.ws/QBOHacks?affiliate=5393907 We want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding  (00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast (03:21) - Upcoming Partner Webinars (Double & Method) + Why They Matter (04:08) - New Invoice Payment Option: Affirm ‘Buy Now, Pay Later' in QuickBooks (07:51) - Product Innovations Kickoff: Intuit Enterprise Suite February Releases Overview (14:29) - Inventory & Order Management Upgrades: Item Receipts, Valuation Methods, Sales Orders (22:02) - Workflow Automation Improvements: Parallel Approvals + Audit Trails + Dimensions (23:32) - Business Intelligence in QBO: Modern Reports + Calculated Fields Without Excel (23:58) - Intuit Intelligence (ChatGPT-Powered): Ask Questions About Your Books + Prompt Limits/Pricing (26:39) - Bank Feeds Updates: New Experience Rollout Timeline & Why to Adopt Early (28:29) - Bank Feed Fix: Warn When Payee Is Blank (1099s & Clean Vendor Lists) (30:05) - Navigate Tons of Accounts Faster: Searchable Bank/Credit Card Dropdown (31:12) - Drag-and-Drop Receipts + Check Image Attachments That Now Carry Through Matches (37:24) - Performance Boosts + Poll Results: Is the New Banking Feed Ready for Prime Time? (39:23) - Business Tax AI: Deduction Maximizer & Where to Find It in QBO (52:43) - What's Next: Intuit Podcasts, Intuit Connect, and July's Mysterious AI Agents (55:17) - Wrap-Up & Training Plug: Tricky Situations, Accrual Accounting, and Upcoming Classes

Believe it or not, marketing strategies other than going online not only exist, but are alive and well. The trick, just like with any other strategy, is to make sure it fits the goal. My guest today helps his private practice clients grow profitably, and we'll have a good rap session on this one.Joe Lessard is a partner at Professional Business Management, a healthcare practice management and accounting firm in the northwest Chicago suburbs. Joe has been with PBM since 2009 and a Principal since 2020. He has attained designations as a Certified Public Accountant (CPA), Health Practice Advisor (HPA), and as a Certified Healthcare Business Consultant (CHBC). He believes in rolling up his sleeves and is usually on site visiting his clients' operations first-hand. Joe is responsible for all accounting and payroll services as well as personal and business tax returns for his clients. He helps them review operations and day-to-day aspects such as HR, employee benefits, retirement plans, collections, billing, and patient interactions. Every client has different needs and that's why Joe's commitment to his clients' needs and his customer service is what he prides himself on.In this episode Carl White and Joe Lessard discussSome of the more common offline marketing strategies he sees workingExamples of uncommon offline marketing strategies he sees workingHow he recommends that his clients think through their offline marketing strategiesWant to be a guest on PracticeCare®?Have an experience with a business issue you think others will benefit from? Come on PracticeCare® and tell the world! Here's the link where you can get the process started.Connect with Joe Lessardhttps://www.linkedin.com/in/joelessardpbm/https://www.instagram.com/thedoctorscpa/For more depth on this episode, read Understanding and Managing Overhead Costs in Your Practice, a blog this guest wrote about it. Connect with Carl WhiteWebsite: http://www.marketvisorygroup.comEmail:  whitec@marketvisorygroup.comFacebook:  https://www.facebook.com/marketvisorygroupYouTube: https://www.youtube.com/channel/UCD9BLCu_i2ezBj1ktUHVmigLinkedIn: http://www.linkedin.com/in/healthcaremktg

Intuit moved up the pricing deadline for Accountant Suite add-ons to May 1st, which means less time to evaluate whether Books Close and the Accelerate dashboard are worth paying for. Dan DeLong walks Alicia through a live demo of Books Close — including reconciliation from outside the client file, transaction anomaly detection, W-9/1099 management, and the team workflow features — so you can decide if it fits your practice. Fair warning: you can onboard clients into Books Close right now, but you can't offboard them yet.SponsorsFutureView Systems - https://uqb.promo/bezUNC - https://uqb.promo/unc(00:00) - Welcome + Dan DeLong joins the podcast (and the matching shirts) (01:01) - Tax-season chaos & the surprise IAS pricing timeline change (04:57) - Clearing up what's still free vs paid: ProAdvisor portal vs add-ons (05:43) - Accelerate vs Books Close: what each add-on actually does (07:14) - Hands-on with Intuit Accountant Suite: the new dashboard & widgets (10:27) - Accelerate pricing breakdown: $149/month firm-wide (no per-user fee) (16:18) - Books Close vs Books Review (and other tools): who it's for (30:01) - Client “Requests” messaging: asking questions on transactions (32:35) - Game-changer feature: reconciling accounts from Books Close (36:32) - How to Submit Beta Feedback (and What to Ask For) (41:41) - Books Close Transaction Reviews: Attachments, Thresholds & Exclusions (45:50) - Catching Automation Mistakes: Bank Rules & AI Auto-Posted Transactions (48:51) - Unapplied Payments + Other “Coming Soon” Anomaly Checks (55:04) - Pricing Breakdown + The Big Beta Problem: You Can't Offboard Clients (59:54) - Wrap-Up: YouTube Demos, Community Updates, and What's Next LINKSBooks Close Playbook: https://docs.google.com/document/d/1oM317NvTsBsdzyLqFYQv3sGj9R370Ldy/editAlicia's current classes: Payroll Perfection Bundles (t QBO Payroll classes - 1099s, Running Payroll, Payroll Compliance, Payroll Forms, and QB Time): http://royl.ws/payroll-perfection?affiliate=5393907  Tricky Situations: http://royl.ws/QBOtricks?affiliate=5393907 Next-level Accrual Accounting: http://royl.ws/NextLevelAccounting?affiliate=5393907  Dan's LinksSchoolofbookkeeping YouTube: https://snip.ly/SOBYT Free Live Workshop Wednesdays: https://www.schoolofbookkeeping.com/workshop-wednesdayWe want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding 

NAEA President Jennifer MacMillan joins Roger and Annie to talk about what she's hearing from enrolled agents on the front lines this tax season — including an IRS that's putting undertrained staff on the phones, backlogs that aren't getting resolved, and one practitioner who made 25 calls on a single issue without ever getting an answer. They also dig into the bipartisan push for minimum preparer standards, NAEA's win on Oregon licensing, and why Jennifer thinks managing client expectations around social security, tips, and overtime is going to be one of the biggest challenges of the season.SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters(00:00) - Welcome to Federal Tax Updates (03:55) - Jennifer's Journey (05:55) - Selling a Tax Practice the Smart Way: Timing, Systems, and Profitability (08:36) - What NAEA Offers: Community Support, Web Board, and Member Resources (09:54) - IRS Service Breakdown: Phone Lines, Staffing Losses, and Backlog Reality (12:43) - Real-World IRS Call Horror Stories: POA Issues, Callbacks, and TAS Limits (15:09) - Returns & Refunds: E-File Works—But Humans and Paper Still Slow Everything (16:34) - Managing Client Expectations in a Misinformation Tax Year (20:32) - Pricing Your Expertise: Value Billing, Fee Schedules, and Getting Paid for Knowledge (26:30) - Why Community Matters + The Accounting Today Webinar Recap (28:43) - Tax season prep: new laws, IRS notices & online accounts (30:59) - DC advocacy + NAEA Fly-In (May 5–6): what to expect (32:05) - Minimum standards for paid preparers: the bipartisan push (34:50) - Why regulation matters: tax gap, weak enforcement & bad actors (41:18) - State battles: Oregon licensing surprise + Minnesota win (48:09) - Join NAEA: member benefits, volunteering & community (51:07) - Wrap-up: upcoming topics and tax-season sendoff Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Sales tax in QuickBooks Online is powerful — it tracks rates, recognizes tax holidays, and even handles economic nexus — but one wrong checkbox or a hidden shipping field can throw everything off. Alicia Katz Pollock breaks down the full sales tax workflow from setup to payment, revealing the three settings that have to line up perfectly and the common mistakes she finds in almost every year-end cleanup.SponsorsFutureView Systems - https://uqb.promo/bezUNC - https://uqb.promo/unc(00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast (00:45) - Setting Up Sales Tax in QuickBooks Online (01:36) - Understanding Sales Tax Liabilities (05:27) - Configuring Products and Services for Sales Tax (08:40) - Managing Customer Sales Tax Settings (11:21) - Sales Tax Rate (17:58) - Using the Sales Tax Center (23:18) - Reconciling and Adjusting Sales Tax Payments (25:22) - Handling Uncollectible Invoices and Special Cases (26:57) - Third-Party Apps for Complex Sales Tax Needs (27:27) - Conclusion and Further Learning Resources LINKSAlicia's Sales Tax in QBO Course: http://royl.ws/SalesTax?affiliate=5393907, recording with CPEWe want to hear from you!Send your questions and comments to us at unofficialquickbookspodcast@gmail.com.Join our LinkedIn community at https://www.linkedin.com/groups/14630719/Visit our YouTube Channel at https://www.youtube.com/@UnofficialQuickBooksPodcast?sub_confirmation=1 Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboarding