Podcasts about tax compliance

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Best podcasts about tax compliance

Latest podcast episodes about tax compliance

Real Money Talks
Advanced Tax Strategy Most CPAs Never Discuss

Real Money Talks

Play Episode Listen Later Jun 19, 2026 13:22 Transcription Available


Owning 45 rental properties and multiple group homes sounds like a dream until a six-figure tax bill arrives.In this episode of Real Money Talks, Loral Langemeier helps a Virginia couple uncover why their current business structure may be costing them far more in taxes than necessary. After paying approximately $125,000 in taxes, they discover that the issue isn't a lack of deductions it's a lack of an advanced tax strategy.Loral explains why real estate investors need more than a traditional CPA and explores how business owners can create deductible allowances, improve bookkeeping systems, and use advanced tax strategy tools like gas and oil investments to offset taxable income.If you're building wealth through real estate, business ownership, or alternative investments, this episode offers valuable insights into using an advanced tax strategy to reduce taxes, increase cash flow, and build long-term wealth.Loral's Takeaways:Tax Planning and Business Structure Overview (00:05)Current Financial Situation and Tax Payments (01:03)Corporate Structure and Tax Entity Issues (02:21)Proposed Tax Strategies and Corporate Structure Adjustments (03:15)Behavioral Changes and Tax Compliance (05:41)Investment Opportunities and Tax Deductions (07:41)Bookkeeping and Accounting Adjustments (10:26)Meet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment.Links and Resources:Ask Loral App: https://apple.co/3eIgGcXLoral on Facebook: https://www.facebook.com/askloral/Loral on YouTube: https://www.youtube.com/user/lorallive/videosLoral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/Money Rules: https://integratedwealthsystems.com/money-rules/Millionaire Maker Store: https://millionairemakerstore.com/Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/Integrated Wealth Systems: https://integratedwealthsystems.com/Affiliate Sign-Up: https://integratedwealthsystems.com/affiliatesThanks for listening!Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page.Do you have some feedback or questions about this episode? Leave a comment in the section below!Subscribe to the podcastIf you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on iTunes or Stitcher. You can also subscribe from the podcast app on your mobile device.Leave us an iTunes reviewRatings and reviews from our listeners are extremely valuable to us and greatly appreciated. They help our podcast rank higher on iTunes, which exposes our show to more awesome listeners like you. If you have a minute, please leave an honest review on iTunes.

Behind the C
Episode 303 mit Elias Apel (CEO, Lucanet)

Behind the C

Play Episode Listen Later Jun 4, 2026 37:16 Transcription Available


„Wir wollen Finanzteams aus dem Excel-Terror befreien und ihnen Zeit für echte Steuerung zurückgeben.“ In dieser Folge von Behind the C spricht Franz Kubbillum mit Elias Apel, CEO von Lucanet, einer globalen SaaS-Plattform für das „Office of the CFO“. Lucanet unterstützt über 6.000 Kunden weltweit dabei, zentrale Finance-Workflows wie Konzernabschlüsse, Konsolidierung, Planung, Tax-Compliance, ESG-Reporting und Abschlussprozesse zu automatisieren – agnostisch gegenüber ERP- und Vorsystemen, schnell implementierbar und speziell für Finanz- und Tax-Teams entwickelt. Mit rund 950 Mitarbeitenden, knapp 200 Millionen Euro ARR und einer klaren Plattformstrategie gehört Lucanet zu den relevanten europäischen Software-Playern für datengetriebene Unternehmenssteuerung. Apel zeichnet seinen Weg vom Corporate-Finance- und M&A-Berater über die Selbstständigkeit im Finance Advisory bis zum CEO von Lucanet nach – inklusive der ersten eigenen Lucanet-Implementierung beim Kunden, die ihn von der Wirkung der Software überzeugt hat. Er spricht darüber, wie das Unternehmen sich von einem fokussierten Konsolidierungsanbieter zu einer breiten Plattform entwickelt, welche Bedeutung klare Führungsroutinen (u. a. Timeboxing), Talententscheidungen und organisatorische Agilität für Wachstum und Profitabilität haben und wie er den Einfluss von KI auf Finanzprozesse, Produktentwicklung und die Rolle von CFOs einschätzt. Kernthemen die in dieser Episode besprochen werden: - Welche Pain Points bringen CFOs und Finance-Teams zu Lucanet und wie fügt sich die Plattform in eine heterogene Systemlandschaft jenseits klassischer ERP-Systeme ein? - Wie gelingt die Transformation von einem Kernprodukt (Konsolidierung) hin zu einer umfassenden Plattform für Planung, ESG, Tax und weitere „Jobs to be done“ im Office des CFO? - Mit welchen Tools, Routinen und Haltungen führt Elias Apel ein schnell wachsendes SaaS-Unternehmen – und wie verändert KI die Arbeit im Finance-Bereich in den nächsten Jahren? Themen: - C-level - Finance - SaaS - Prozessoptimierung ----- Über Atreus – A Heidrick & Struggles Company Atreus garantiert die perfekte Interim-Ressource (m/w/d) für Missionen, die nur eine einzige Option erlauben: nachhaltigen Erfolg! Unser globales Netzwerk aus erfahrenen Managern auf Zeit zählt weltweit zu den besten. In engem Schulterschluss mit den Atreus Direktoren setzen unsere Interim Manager vor Ort Kräfte frei, die Ihr Unternehmen zukunftssicher auf das nächste Level katapultieren. ▶️ Besuchen Sie unsere Website: https://www.atreus.de/ ▶️ Interim Management: https://www.atreus.de/kompetenzen/service/interim-management/ ▶️ Für Interim Manager: https://www.atreus.de/interim-manager/ ▶️ LinkedIn-Profil von Elias Apel: https://www.linkedin.com/in/eliasapel/ ▶️ Profil von Franz Kubbillum: https://www.atreus.de/team/franz-kubbillum/

SBS German - SBS Deutsch
Tax compliance: Why do we actually pay taxes? - Steuermoral: Warum zahlen wir eigentlich Steuern?

SBS German - SBS Deutsch

Play Episode Listen Later May 28, 2026 14:47


Why do people actually pay taxes — out of fear of fines or because they trust the state? Benjamin Kanthak talks about this with economist Prof. Benno Torgler. The basis is an international study on tax compliance, which shows that it is often less financial incentives that are decisive than psychological factors such as fairness, trust and the feeling that everyone is doing their part. Especially against the backdrop of the current tax debates in Australia, it is also about the question of how stable a tax system really is when public trust dwindles. - Warum zahlen Menschen eigentlich Steuern – aus Angst vor Strafen oder weil sie dem Staat vertrauen? Genau darüber spricht Benjamin Kanthak mit dem Ökonomen Prof. Benno Torgler. Grundlage ist eine internationale Studie zur Steuermoral, die zeigt: Entscheidend sind oft weniger finanzielle Anreize als vielmehr psychologische Faktoren wie Fairness, Vertrauen und das Gefühl, dass alle ihren Beitrag leisten. Gerade vor dem Hintergrund der aktuellen Steuerdebatten in Australien geht es dabei auch um die Frage, wie stabil ein Steuersystem wirklich ist, wenn das Vertrauen der Bevölkerung schwindet.

Voice of FinTech
Global tax compliance with an AI-native solution by Sphere with its CEO and CFO, Nicholas Rudder (USA)

Voice of FinTech

Play Episode Listen Later May 26, 2026 36:27


Nicholas Rudder, CEO and CFO at Sphere, an AI-native, revenue-based tax compliance platform, spoke with Rudolf Falat, founder of the Voice of FinTech podcast, about the challenges businesses face with cross-border tax compliance and how Sphere's AI and automation solutions can help.Here is what they talked about in more detail:Nicholas's entrepreneurial journey leading to SphereWhat led Nicholas (Nick) to start his own businessWhat is Sphere? What problem is Sphere you trying to solveWhat is Sphere's unique advantage? How is it different from other compliance solutions? What does it really mean, AI native?How does Sphere make money (business model)?Who are its target customersExpansion plans?What were your very first steps to start this ventureWhat are your next steps for this year and beyondInterested parties contact Nicholas Rudder on LinkedIn or the Sphere website.

The Good Question Podcast
Exit-Ready Ecommerce Reuben Mattinson On Tax Compliance, Valuation & Scaling For Acquisition

The Good Question Podcast

Play Episode Listen Later May 11, 2026 34:43


What separates a scalable ecommerce business from one that's truly acquisition-ready? In this episode, Reuben Mattinson, Founder and CEO of RJM Tax Exemption, explains how tax compliance, operational structure, and financial readiness can dramatically impact business valuation and successful exits. After launching his own ecommerce business in the U.S., Reuben experienced firsthand the complexity of sales tax laws, IRS regulations, and multi-state compliance requirements. What began as a frustrating obstacle quickly evolved into RJM Tax Exemption—a global consultancy now helping thousands of ecommerce brands stay compliant, reduce risk, and prepare for long-term growth and acquisition opportunities. In this conversation, we explore: ·       Why tax compliance plays a critical role in ecommerce valuation and exit strategy. ·       Common mistakes founders make before mergers, acquisitions, or business sales. ·       Real-world examples of successful—and failed—business exits. ·       How operational readiness can increase buyer confidence and scalability. From Amazon FBA sellers to rapidly growing online brands, this episode offers valuable insights into building an ecommerce business that's not just profitable—but truly exit-ready. To learn more about Reuben Mattinson and RJM Tax Exemption, visit their website. Episode also available on Apple Podcasts: https://apple.co/38oMlMr

EY talks tax
EY talks tax: US corporate income tax compliance (April 22, 2026)

EY talks tax

Play Episode Listen Later May 5, 2026 70:18


In this episode, panelists provide insights and key considerations for preparing 2025 US federal, international, and state tax filings, discussing how companies can navigate an evolving tax compliance landscape as they prepare for tax year 2025 and beyond.

Tax News & Views
E-invoicing: The tax compliance of the future

Tax News & Views

Play Episode Listen Later Apr 30, 2026 14:00


Position your tax function as a strategic partner. Discover how to lead e-invoicing transformation across your organization.

TheTop.VC
($30M raised) Kintsugi Founder, Jeff Gibson: Building “Boring” Fintech for Global Tax Compliance—Why Trust and Customer Support Win in Massive, Overlooked Markets

TheTop.VC

Play Episode Listen Later Apr 29, 2026 23:36


Sponsored by Chargebee, subscription and revenue management → check out their startup offer: https://www.chargebee.com/startups Jeff Gibson, Founder of Kintsugi https://www.linkedin.com/in/jeffgibsonsf/?utm_source=chatgpt.com - Kintsugi, founded by Jeff Gibson, provides an AI-driven platform that automates global indirect tax compliance (VAT, GST, sales tax, etc.) for internet businesses, handling tax calculation, collection, and remittance. - The company targets SMBs and mid-market companies selling online, offering a simple, automated solution to a complex, high-risk compliance problem, resulting in high customer retention and low churn. - Kintsugi's founding insight came from the realization that businesses were paying more for tax compliance than for billing solutions, and that the market was underserved, especially for SMBs and mid-market companies. - The company raised a $2M pre-seed round in September 2023 from angels, followed by an $18M Series A led by Vertex.  - Jeff emphasizes the importance of founder conviction, qualifying investors for deep understanding of the problem, and building trust with customers in a “boring but essential” fintech space.

Ecommerce Odyssey Podcast
Manging your US Tax Compliance with Reuben Mattinson from RJM Tax Exemption

Ecommerce Odyssey Podcast

Play Episode Listen Later Apr 27, 2026 26:15


In this episode, we speak with Reuben Mattinson from RJM Tax Exemption, a UK-based consultancy helping eCommerce sellers navigate the complexity of US sales tax.RJM specialises in supporting both US and non-US sellers with sales tax compliance, exemption strategies, and US business setup, enabling brands to enter and scale in the US market without getting caught out by tax obligations. We break down:Why US sales tax is one of the biggest hidden risks for Amazon and Shopify sellersHow sales tax exemption works and when it appliesThe operational and financial impact of getting compliance wrongPractical steps to simplify tax across multiple statesTo find out more, visit: https://rjmtaxexemption.com/

Cloud Accounting Podcast
When Tax Day Was Party Night at the Post Office

Cloud Accounting Podcast

Play Episode Listen Later Apr 20, 2026 49:22


What happens when AI starts doing the audit work itself? Blake and David dig into KPMG's prediction that routine audit testing could soon happen with almost no human auditors directly involved. They also cover the IRS's unfinished AI projects, the end of Direct File, new tax-on-tips rules, and why firms investing more in marketing are growing faster. Press play to hear what these shifts could mean for accountants, firms, and clients.Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/casOnPay - http://accountingpodcast.promo/onpayWurthy - http://accountingpodcast.promo/wurthyChapters(00:00) - Audits Without Humans (00:22) - Tax Day Show Kickoff (02:30) - When Tax Day Hit Post Office (04:34) - E Filing Ends The Party (05:23) - This Week Top Stories (05:58) - Warehouse Fire Accounting Impact (08:52) - Compliance Time Cost (11:04) - No Tax On Tips Rules (13:44) - IRS AI Projects Stall (14:43) - Direct File Cost Debate (17:30) - Xero Os Buzzword Critique (20:32) - Can Ai Replace QuickBooks (21:23) - Reddit Claude Accounting System (22:45) - Firms Lose Stack Control (23:27) - AI Makes More Cleanup (23:58) - Tidwell Spreadsheet Accounting (25:13) - Tax Preparer Fraud Cases (27:17) - Big Four Audit Automation (30:58) - EY Office Mandate and Careers (34:01) - Firm Growth Marketing and AI (36:19) - Audit Lawsuits and Penalties (40:19) - Juno AI Tax Prep Funding (42:27) - Workers Skipping AI Review (44:36) - Agentic Frameworks and Omni (47:19) - Wrap Up and Free CPE  Show NotesHow Tax Day Turned Into Party Night at the Post Officehttps://www.history.com/articles/tax-day-partiesAmericans to Spend 11.6 Billion Hours Completing Federal Compliance Formshttps://www.cpapracticeadvisor.com/2026/03/16/americans-to-spend-11-6-billion-hours-completing-federal-compliance-forms/179866/IRS Publishes List of Jobs That Qualify for 'No Tax on Tips' Provisionhttps://www.cnbc.com/2026/04/13/irs-tax-on-tips-big-beautiful-bill.htmlIRS AI Projects Fall by the Wayside Due to Staff Cutshttps://www.accountingtoday.com/news/irs-ai-projects-fall-by-the-wayside-due-to-staff-cutsIRS Inflated Direct File Costs by $45 Million in 2025https://www.cpapracticeadvisor.com/2026/03/25/irs-inflated-direct-file-costs-by-45-million-in-2025/180237/Xero OS: Your Operating System for the Future of Autonomous Financehttps://blog.xero.com/news-events/xero-os-ai-native-operating-system/Tidwell — MCP Accounting Server (Reddit reference)https://www.tidwell.comWarehouse Worker Charged in $500M Arson Attack at Kimberly-Clark Distribution Centerhttps://abc7.com/post/employee-arrested-arson-kimberly-clark-distribition-center-destroyed-massive-fire-ontario/18851549/New Jersey Tax Preparer Sentenced in Largest COVID-19 Tax Relief Fraud Casehttps://www.justice.gov/usao-nj/pr/new-jersey-man-sentenced-prison-largest-covid-19-tax-relief-fraud-scheme-countryPennsylvania Tax Preparer Jessica Cordero Faces Federal Charges in New Fraud Schemehttps://www.justice.gov/usao-edpa/pr/allentown-woman-and-two-others-charged-federal-court-wire-fraud-and-aggravated-identityIn This Critical Part of Audits, the Accountant's Role Is Shrinking Fasthttps://www.wsj.com/finance/accounting/auditors-ai-kpmg-pwc-ey-7f07d3a5KPMG Plans to Cut Up to 440 Audit Jobs in UKhttps://www.bloomberg.com/news/articles/2026-03-27/kpmg-set-to-shed-hundreds-of-auditors-as-attrition-remains-lowEY Requiring U.S. Tax Staff to Work In-Person 12 Days a Monthhttps://www.accountingtoday.com/news/ey-requiring-us-tax-staff-to-work-in-person-12-days-a-monthAI Is Changing How EY Recruits, Develops and Promotes Employeeshttps://www.businessinsider.com/ey-ai-talent-career-paths-accounting-2026High-Growth Accounting Firms Spend Twice as Much on Marketinghttps://hingemarketing.com/blog/story/marketing-financial-services-the-2025-forecastEvergrande Liquidators and PwC Head to Courthttps://www.accountingtoday.com/news/evergrande-liquidators-and-pwc-head-to-courtOntario Securities Commission Accuses KPMG of Botching Audits for Bridging Financehttps://www.accountingtoday.com/news/ontario-securities-commission-accuses-kpmg-of-botching-audits-for-bridging-financeJuno Raises $12M Seed to Scale AI Tax Preparation Platformhttps://www.cpapracticeadvisor.com/2026/04/13/juno-raises-12m-seed-to-scale-ai-tax-preparation-platform-that-automates-90-of-busy-work/181502/AI Slop Survey: A Third of Workers Rarely Check AI Output Before Using Ithttps://www.cpapracticeadvisor.com/2026/04/08/ai-slop-survey-a-third-of-workers-rarely-check-ai-output-before-using-it/181191/Agentic AI Frameworks and Artifact's Omni Platform Launchhttps://www.artifact.buildNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast:

Telecom Reseller
Telin's Spencer Lee on Tax Compliance and Channel Opportunity in UCaaS Infrastructure, Podcast

Telecom Reseller

Play Episode Listen Later Apr 15, 2026 8:05


By Doug Green “Tax compliance isn't just a regulatory issue—it's becoming a critical part of how service providers scale globally.” On the opening day of Channel Partners Conference & Expo in Las Vegas, I caught up with Spencer Lee of Telin to discuss an often-overlooked issue in unified communications: tax compliance. Lee, my first guest of the show, framed the conversation around a growing challenge for service providers and channel partners operating across borders. As UCaaS, CCaaS, and CPaaS offerings expand globally, tax exposure—particularly indirect taxes tied to communications services—is becoming more complex and harder to ignore. Telin positions itself as a channel-first provider, delivering the underlying infrastructure partners need to go to market. That includes SIP trunking, hosting, hardware, and integration support—essentially a bundled backend designed to simplify deployment for partners in the unified communications space. But increasingly, that backend must also account for compliance. As Lee explained, providers entering new markets often underestimate the tax implications tied to telecom services. These aren't traditional corporate taxes—they're jurisdiction-specific telecom taxes, regulatory fees, and compliance requirements that vary widely by country and even region. For channel partners, this creates both risk and opportunity. On one hand, failure to properly account for telecom taxes can lead to penalties, billing complications, and margin erosion. On the other, partners who align with infrastructure providers that manage these complexities can accelerate global expansion without taking on that burden directly. Telin's approach is to abstract much of that complexity away from the partner. By handling infrastructure, interconnection, and compliance considerations within its platform, the company enables partners to focus on customer relationships and service delivery. The conversation highlights a broader trend emerging across the channel: as communications becomes more global and software-driven, operational details like tax compliance are moving from back-office concerns to strategic differentiators. For partners attending Channel Partners this week, it's a reminder that winning in UCaaS isn't just about features—it's about everything behind the scenes that makes those services viable at scale.

UBC News World
Restaurant Tip Reporting & Tax Compliance: What Owners Need to Know

UBC News World

Play Episode Listen Later Apr 11, 2026 9:33


Restaurant owners face critical responsibilities around employee tip reporting and tax compliance. Discover the difference between tips and service charges, employer obligations, the FICA Tip Credit, and how technology and voluntary IRS agreements can streamline compliance and reduce audit risk. MediaRise City: Bronx Address: 5680 Broadway Website: https://mediarise.clientcabin.com/

Dr. Friday Tax Tips
Short-Term Rental Tax Compliance Checklist

Dr. Friday Tax Tips

Play Episode Listen Later Apr 10, 2026 1:00


Dr. Friday explains why Airbnb and short-term rental owners need careful tax allocation and recordkeeping. She also notes compliance requirements at federal, state, and local levels. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment. I probably should have had this one a lot earlier. Short-term rentals and Airbnbs are everywhere. If you don’t run those right, and you’re taking a portion of your house and turning it into an Airbnb, you may find that the IRS is gonna be looking a lot closer at you. Also, how are you handling all the utilities and things? Because if it’s not 24-7 an Airbnb or rental, are you using the proper percentages? Are you depreciating things on the proper percentages? Are you making sure that you’re complying with not only federal but state and local regulations, with licensing and other additional taxes due for compliance? If you need help, go to drfriday.com. You can catch the Dr. Friday Call-in Show live every Saturday afternoon from 2 to 3 p.m. right here on 99.7 WTN.

Weekend Breakfast with Africa Melane
SARS' Targeted Compliance Programmes Help Achieve R2 Trillion in Net Revenue Collections

Weekend Breakfast with Africa Melane

Play Episode Listen Later Apr 3, 2026 13:36 Transcription Available


Zain Johnson speaks to tax expert Jashwin Baijoo about SARS surpassing R2 trillion in revenue collections, unpacking the compliance crackdown, the growing role of AI in tax enforcement, and what it means for taxpayers in South Africa. Weekend Breakfast with Sara-Jayne Makwala King is the weekend breakfast show on CapeTalk. This 3-hour morning programme is the perfect (and perky!) way to kickstart your weekend. Author and journalist Sara-Jayne Makwala-King spends 3 hours interviewing a variety of guests about all things cultural and entertaining. The team keeps an eye on weekend news stories, but the focus remains on relaxation and restoration. Favourites include the weekly wellness check-in on Saturdays at 7:35am and heartfelt chats during the Sunday 9am profile interview. Listen live on Primedia+ Saturdays and Sundays between 07:00 and 10:00am (SA Time) to Weekend Breakfast with Sara-Jayne Makwala-King broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/AgPbZi9 or find all the catch-up podcasts here https://buff.ly/j1EhEkZ Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media: CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Real Estate Investing Abundance
Thinking Like a Family Office with Ashley Tison - Episode - 566

Real Estate Investing Abundance

Play Episode Listen Later Mar 29, 2026 34:57


We'd love to hear from you. What are your thoughts and questions?In this conversation, Ashley Tison, a tax strategist and co-founder of OZPros, discusses the significance of Opportunity Zones as a powerful tax incentive for investors. He explains how these zones were created to attract private capital into underserved areas, allowing investors to defer and potentially eliminate capital gains taxes. The discussion covers the mechanics of investing in Opportunity Zones, the importance of community impact, and how family offices approach capital deployment strategically. Tison emphasizes the need for compliance and the common pitfalls investors face, particularly the critical 180-day window for capital gains reinvestment.Main Points:Opportunity Zones are designed to attract private capital into underserved areas.Investors can defer capital gains taxes by investing in Qualified Opportunity Funds.The program has mobilized approximately $150 billion into Opportunity Zones.Investing in these zones inherently creates positive community impact.Family offices prioritize long-term wealth creation and risk management.Investors should be aware of the 180-day reinvestment deadline to avoid penalties.Not all investments in Opportunity Zones are created equal; due diligence is essential.The program allows for a variety of investment types, including real estate and operating businesses.Common mistakes include failing to act within the 180-day window and misunderstanding the nature of Opportunity Zones.Successful investments require a focus on both financial returns and community outcomes.Connect With Ashley Tison:ashley@ozpros.comozpros.comhttps://www.linkedin.com/in/ashley-tisonhttps://www.youtube.com/@OZPros/videos

The Logan Allec Show
CPA Tells You Step-by-Step What to Do If You Have Years of Unfiled Back Tax Returns

The Logan Allec Show

Play Episode Listen Later Mar 21, 2026 13:02


Having years and years of unfiled tax returns can be extremely overwhelming! How can you properly get caught up on your tax returns? Here is a detailed step-by-step video that tells you exactly what to do to get back into tax compliance! Do you have unfiled tax returns that need filing? Book your FREE consultation with Choice Tax Relief today by calling 866-8000-TAX or by going here: https://choicetaxrelief.com/free-tax-...If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit:   / taxrelief  Mentioned Video Link:-How to Fill Out Schedule C For Form 1040 (Explained By a CPA):    • How to Fill Out Schedule C For Form 1040 (... 

CHUGH - Attorneys & CPAs Podcast
Navigating Cross-Border Business and Tax Compliance in 2026

CHUGH - Attorneys & CPAs Podcast

Play Episode Listen Later Mar 19, 2026 9:06


Legal and Tax Consultant Sonam Agrawal and Client Services Manager Arianna Gonzalez covered key legal and tax updates shaping 2026. The discussion included cross-border compliance requirements, corporate structuring considerations, and individual tax obligations for globally mobile professionals.The session also highlighted common pitfalls and practical strategies to help corporations and individuals stay compliant and well-positioned for the year ahead.

AWS for Software Companies Podcast
Ep195: Tax Compliance at Scale: How Avalara Is Rewriting the Rules with AI and AWS

AWS for Software Companies Podcast

Play Episode Listen Later Feb 24, 2026 19:20


Avalara's Chief Architect Tim Diekmann reveals how AI and agentic technology are transforming tax compliance and accuracy across 40,000 jurisdictions leveraging AWS.Topics Include:Avalara provides tax compliance software across North America, Europe, and beyond.They operate between commerce and government, covering 40,000+ jurisdictions.Services span registration, sales tax calculation, and certificate management.Avalara was the only company keeping pace with rapid tariff changes.AI is used to parse unstructured documents like tax notices and publications.Intelligent mapping automates ERP integration across vastly different system configurations.GenAI lets customers query billions of transactions using plain conversational language.Avalara and AWS are now engaged in a promising co-selling motion.Time-to-go-live and transaction accuracy are the key success metrics tracked.Amazon Q was rolled out company-wide, achieving 95% developer adoption.AI literacy is now prioritized across legal, HR, and engineering teams alike.Agentic AI will embed Avalara directly inside customer ERP systems going forward.Participants:Tim Diekmann – SVP of Engineering, Chief Architect, AvalaraSee how Amazon Web Services gives you the freedom to migrate, innovate, and scale your software company at https://aws.amazon.com/isv/

Tax Chats
Inconsistency In Crypto Tax Compliance Providers: A Chat with Tyler Menzer

Tax Chats

Play Episode Listen Later Feb 23, 2026 38:16


Send a text Jeff and Scott talk with Tyler Menzer, an assistant professor of accounting at Texas Christian University, about his recent research on cryptocurrency tax reporting. In the project, Tyler submitted the same set of cryptocurrency transactions to multiple crypto tax software and reporting services, many of which present themselves as tracking or reporting tools rather than tax preparation providers. He found that these services often produced very different calculations of taxable income from identical transactions. The conversation explores why these discrepancies arise and uses them as a starting point for a broader discussion of cryptocurrency taxation, compliance, and reporting challenges. 

Finding Genius Podcast
Exit-Ready Ecommerce: How Tax Compliance Impacts Business Valuation

Finding Genius Podcast

Play Episode Listen Later Feb 20, 2026 34:53


Can proper compliance really add millions to your business valuation? In today's episode, we connect with Reuben Mattinson, Founder and CEO of RJM Tax Exemption, to explore what it means to build truly exit-ready operations in the world of ecommerce… Founded in 2019, RJM was born out of firsthand frustration. When Reuben and his team launched their own ecommerce business in the U.S., they quickly found themselves overwhelmed by IRS rules, registrations, state sales tax collection, and conflicting guidance from lawyers, accountants, banks, and revenue departments.  After investing significant time untangling the complexity, they realized other sellers were facing the same challenges — and RJM began. What started with just 10 clients has since grown into a global consultancy serving over 5,000 businesses worldwide, helping ecommerce brands stay compliant, scalable, and acquisition-ready. Hit play to find out: How Reuben's unique background fuels RJM's mission. Examples of exit strategies done right and horribly wrong. How tax readiness impacts valuation and exits. Reuben's path to entrepreneurship is anything but conventional. After earning degrees in physiotherapy in 2012 and in science teaching in 2013, he began building RJM alongside his studies. In under three years, he scaled the company from infancy into a multi-million-dollar global ecommerce consultancy, achieving #1 Trustpilot ratings in the U.S. by age 30. Want to learn more about RJM's work? Visit their website now!

Telecom Reseller
TaxConnex on Telecom Tax Compliance: Why Cloud Communications Providers Need Specialized Expertise, Podcast

Telecom Reseller

Play Episode Listen Later Jan 20, 2026


Randy Dillard, Sales and Transaction Tax Lead at TaxConnex, joined Doug Green, Publisher of Technology Reseller News, for a Cloud Communications Alliance (CCA) podcast focused on one of the most complex—and often underestimated—issues facing cloud communications providers today: telecommunications tax compliance. Dillard explained that TaxConnex serves as a specialized outsourcing partner for telecom and transaction tax compliance, working closely with regulatory experts to deliver a unified approach that spans sales and use tax, telecom-specific taxes, and state and local filing obligations. Unlike general accounting firms, TaxConnex is purpose-built for the telecom and cloud communications industry, where tax requirements can extend far beyond state-level filings into counties, cities, and even ZIP-code-level jurisdictions. He emphasized that telecom taxation is fundamentally different from standard sales tax, with layered obligations that can include “tax on tax,” recurring billing changes, credits, and constant regulatory updates. With more than 50 states, thousands of local jurisdictions, and frequent filing deadlines, providers face significant risk if compliance processes are not handled accurately and consistently. Dillard also stressed the importance of timing, noting that providers should engage a telecom tax specialist before launching new services or expanding into new markets—not after revenue is already flowing. “It often makes sense to pause and speak with a telecom tax advisor before you open that honeypot,” Dillard said. “Understanding your obligations upfront can save you from costly penalties, audits, and surprises down the road.” TaxConnex's role, he explained, goes beyond filing returns. The company provides monthly tax liability reporting that shows what has been collected, where it is assigned, and how it will be remitted—giving providers visibility and confidence that nothing is slipping through the cracks. This becomes even more critical as AI-driven services and usage-based models create unexpected spikes in transactions and tax exposure. As an active member and sponsor within the Cloud Communications Alliance, TaxConnex views its role as helping demystify telecom tax compliance so providers can focus on growth, innovation, and customer success—while staying compliant in an increasingly complex regulatory environment. Learn more: https://www.taxconnex.com/

Federal Drive with Tom Temin
The shutdown may be over, but its ripple effects on lending and tax compliance are just beginning

Federal Drive with Tom Temin

Play Episode Listen Later Dec 2, 2025 11:08


Over a month of frozen federal functions stalled Small Business Administration loan approvals and cut off IRS data that lenders rely on. Those disruptions rippled through housing markets and raised questions about systemic vulnerabilities. Here to walk through the lessons and what's next is Dave Bohrman, Co-Founder and VP of Marketing at Tax Guard.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Federal Tax Updates
Getting the Band Back Together: Former Commissioner Werfel on IRS Challenges Ahead

Federal Tax Updates

Play Episode Listen Later Dec 1, 2025 55:27


Former IRS Commissioner Danny Werfel and longtime agency communications chief Terry Lemons join Roger and Annie for a candid Thanksgiving conversation about the mounting challenges facing the agency heading into the 2026 filing season. The discussion covers budget cuts, staffing reductions, the lingering ERC backlog, and why a hollowed-out compliance function puts both taxpayers and tax professionals at greater risk.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) - Welcome to Federal Tax Updates (01:22) - Introducing Special Guests: Terry Lemons and Danny Werfel (02:33) - Danny's Post-IRS Journey (08:03) - Terry Lemons' Post-IRS Activities (12:27) - Challenges Facing the IRS and Tax Professionals (19:52) - The Importance of IRS Compliance and Modernization (30:50) - Concerns About Workforce Sustainability (31:56) - Employee Retention Credit Issues (32:37) - Fraud and Government Response (35:30) - Impact of Government Shutdown on IRS Programs (36:53) - IRS Performance and Resource Allocation (40:52) - Challenges in Tax Compliance and Enforcement (46:17) - Preparing for the Upcoming Tax Season (51:19) - College Football Predictions (53:53) - Closing Remarks and Holiday Wishes Connect with Terry Lemonshttps://www.linkedin.com/in/terry-lemons-77b3641a9Connect with Danny Werfelhttps://www.linkedin.com/in/danny-werfel-89441594Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger Harris - https://www.linkedin.com/in/rogerharrispbs/Annie Schwab - https://www.linkedin.com/in/annie-schwab-852418261/ReviewLeave 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.

The Logan Allec Show
Unfiled BUSINESS Tax Returns: Does the 6-Year Rule Still Apply?

The Logan Allec Show

Play Episode Listen Later Dec 1, 2025 5:44


Did you hear that as long as you have the last 6 years of taxes filed, you are considered to be in tax compliance? Are you wondering if that applies to your corporation too? Find out now! Do you have unfiled tax returns that need filing? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit:   / taxrelief   

Engineering Kiosk
#220 Code Reviews als Kommunikationsnetzwerk mit Prof. Michael Dorner

Engineering Kiosk

Play Episode Listen Later Nov 4, 2025 76:56 Transcription Available


Blockiert dein Code Review gerade mal wieder den Release oder ist es der unsichtbare Klebstoff, der Wissen im Team verteilt? In dieser Episode gehen wir der Frage auf den Grund, warum Reviews weit mehr sind als ein einfaches “looks good to me” und was sie mit sozialer Interaktion, Teamdynamik und Wissensverteilung zu tun haben. Wir sprechen mit Prof. Michael Dorner, Professor für Software Engineering an der TH Nürnberg, der seit Jahren zur Rolle von Code Reviews in der Softwareentwicklung forscht: mit Code Review Daten von Microsoft, Spotify oder trivago. Überall zeigt sich: Pull Requests sind mehr als technische Checks, sie sind Kommunikationsnetzwerke. Gemeinsam beleuchten wir, warum Tooling oft zweitrangig ist, wie sich Review-Praktiken historisch entwickelt haben und was das alles mit Ownership, Architektur und sogar Steuern zu tun hat. Ein Blick auf Code Reviews, der dir definitiv eine neue Perspektive eröffnet.Bonus: Wir erklären, warum alle Informatiker Doktoren auch Philosophen sind ;)Unsere aktuellen Werbepartner findest du auf https://engineeringkiosk.dev/partnersDas schnelle Feedback zur Episode:

The Thoughtful Entrepreneur
2279 - Simplifying Tax Compliance for High-Net-Worth Clients with Gelt's Tal Binder

The Thoughtful Entrepreneur

Play Episode Listen Later Oct 6, 2025 18:33


How Gelt is Transforming Tax Services: Insights from Founder Tal BinderIn a recent episode, Josh Elledge interviewed Tal Binder, CEO and Founder of Gelt, to discuss how his tech-driven tax company is redefining tax compliance, planning, and strategy for high net worth individuals and businesses. Tal shared his journey, the integration of AI and human expertise, and the practical ways Gelt delivers superior service in a fast-evolving tax landscape. This post highlights key takeaways, actionable insights, and tips for anyone considering a modern approach to tax services.The Gelt Approach: Blending AI with Human ExpertiseGelt's model is centered on combining advanced technology with expert human oversight. Tal Binder emphasized that AI acts as a productivity multiplier, enabling tax professionals to work faster and more accurately, while a senior tax manager reviews all filings to mitigate risk and ensure precision.The company focuses on three core services: tax compliance, planning, and strategy, allowing clients to proactively manage obligations, optimize deductions, and structure finances for maximum efficiency. By automating repetitive tasks, Gelt's platform frees experts to deliver higher-value analysis and guidance tailored to each client's situation.Tal also stressed the importance of client experience and transparency. Every client receives a dedicated point of contact, Gelt partners with complementary service providers when necessary, and pricing is structured to reflect complexity and value. These elements make Gelt a unique alternative to traditional firms, ensuring both high-tech efficiency and personalized service.About Tal BinderTal Binder is the Founder and CEO of Gelt, a Tampa-based company focused on delivering tech-enabled tax solutions for high net worth individuals and businesses. Tal combines extensive experience in finance, technology, and entrepreneurship to streamline tax compliance, planning, and strategy.About GeltGelt is a modern tax services firm that integrates AI with human expertise to provide high net worth clients and businesses with accurate, efficient, and actionable tax solutions. Their approach emphasizes compliance, strategic planning, and personalized client service, positioning them as an innovative alternative to traditional firms.Links Mentioned in this EpisodeGelt WebsiteTal Binder LinkedIn ProfileKey Episode HighlightsHow Gelt combines AI and human expertise to enhance tax servicesThe three core services: compliance, planning, and strategyDedicated senior tax managers for personalized client serviceTransparent pricing and partnership approach for businesses and individualsPractical guidance on engaging with tech-enabled tax solutionsConclusionGelt demonstrates that modern tax services can be both high-tech and highly personal, enabling clients to optimize their financial outcomes while reducing complexity. By integrating AI with expert oversight, Gelt provides a scalable, accurate, and proactive approach to tax compliance, planning, and strategy.

The Logan Allec Show
Payroll Tax Compliance Is Essential. Do NOT Get Behind.

The Logan Allec Show

Play Episode Listen Later Sep 30, 2025 10:20


What is one of the worst things a business can do? Get behind on their payroll taxes. Compliance with the IRS is essential, here's why...Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit:   / taxrelief   

MoneywebNOW
[TOP STORY] Obligatory crypto reporting and SA tax compliance

MoneywebNOW

Play Episode Listen Later Sep 19, 2025 8:30


Wiehann Olivier from Forvis Mazars SA comments on Sars's release of the draft Crypto-Asset Reporting Framework regulations.

Investor Fuel Real Estate Investing Mastermind - Audio Version
Stop Overpaying the IRS: Tax Strategies Every Real Estate Investor Needs

Investor Fuel Real Estate Investing Mastermind - Audio Version

Play Episode Listen Later Sep 18, 2025 22:28


In this episode of the Real Estate Pros Podcast, host Q Edmonds engages with tax expert Steven Young to explore the intricacies of tax strategies for real estate investors. They discuss the importance of proactive tax planning, overcoming tax anxiety, and the value of building relationships within the tax and real estate community. Steven shares real-life success stories of clients who have navigated tax challenges and emphasizes the need for financial education among business owners. The conversation highlights the difference between tax compliance and strategic tax planning, aiming to empower listeners to take control of their financial futures.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Always An Expat with Richard Taylor
55. Statutes of Limitations & Tax Compliance: Are You Really Ready to File? | Ask An Expert with Virginia La Torre Jeker

Always An Expat with Richard Taylor

Play Episode Listen Later Aug 20, 2025 55:25


"The IRS can go back over 20 years in certain instances for unfiled returns. We're not making this stuff up,” warns Virginia La Torre Jeker, a seasoned US international tax attorney with over 40 years of experience and returning guest to the show. Virginia is a member of the New York Bar, specializing in all aspects of international tax and cross-border transactions. In this week's Ask An Expert, host and founder of Plan First Wealth Richard Taylor talks to Virginia about the best ways to navigate the complexities of US taxation for expats. Do you know what it means for a tax return to be ‘open'? If you don't, you should. You'll learn about: Tax statutes of limitations and their implications on cross-border taxpayers. The consequences of missing forms and how it may leave tax returns perpetually open for IRS examination. Denaturalization and its potential tax implications. The importance of accurately filing foreign information returns and how failing to do so can result in penalties. Virginia and Richard stress the importance of informed decision-making in tax filings. Whether you're an expat, an immigrant to the US, or assisting international families, this episode is a fundamental listen to help you thrive financially and secure your retirement. We're the Brits in America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.

Alter Everything
190: Alteryx Use Cases in the Tax Industry

Alter Everything

Play Episode Listen Later Jul 30, 2025 26:33


Unlock the power of Alteryx for tax professionals in this insightful episode of Alter Everything! Join us in an interview with Adrian Steller, Director of Tax Technology at Ryan, to explore how Alteryx revolutionizes tax processes, automates data workflows, and enhances efficiency for tax teams. Discover real-world Alteryx use cases in VAT compliance, transfer pricing, and automation, and learn practical tips for transitioning from Excel to Alteryx. Whether you're a tax analyst, data professional, or business leader, this episode provides actionable insights on leveraging Alteryx for tax data transformation, reporting, and analytics.Panelists: Adrian Steller, Director @ International Tax Technology - LinkedInMegan Bowers, Sr. Content Manager @ Alteryx - @MeganBowers, LinkedInShow notes: Ryan (Company)Ryan Tax Lab (Podcast)Alteryx Community BlogsAlteryx Help Docs Interested in sharing your feedback with the Alter Everything team? Take our feedback survey here!This episode was produced by Megan Bowers, Mike Cusic, and Matt Rotundo. Special thanks to Andy Uttley for the theme music.

No BS Wealth
Ep. 135 - The IRS Nightmare is a Myth: How to Escape Tax Hell Without Going Broke

No BS Wealth

Play Episode Listen Later Jul 9, 2025 34:01 Transcription Available


Stop hiding from those IRS letters. They're not coming to drag you away in handcuffs.The biggest lie the government ever told you? That tax debt will ruin your life. Here's the brutal truth: 99.9% of people who owe taxes will NEVER see the inside of a jail cell. But they will lose sleep, relationships, and thousands of dollars in penalties because they believe the fear-mongering.In this no-BS episode, Stoy Hall sits down with Morgan Anderson, EA – a 26-year veteran of tax debt resolution who's seen it all. Morgan destroys the myths that keep you paralyzed and reveals the real playbook the IRS doesn't want you to know.You'll discover:Why Al Capone's case has absolutely nothing to do with your $20K tax billThe massive system breakdown that's actually working in your favor right nowHow COVID broke the IRS machine (and what that means for you)The single phone call that can stop wage garnishments before they destroy your reputationWhy your "tax professional" might be setting you up for a $700K disasterThis isn't feel-good fluff. This is war strategy.Morgan pulls back the curtain on settlement negotiations, payment plans, and when to fight versus when to fold. If you're a business owner drowning in payroll taxes or an individual getting crushed by penalties, this episode could save you decades of financial pain.The government wants you scared and compliant. Time to flip the script.Connect with Morgan Anderson:Website: https://www.goldenliontaxsolutions.com/LinkedIn: https://www.linkedin.com/in/morgan-anderson-ea/Facebook: https://www.facebook.com/morgan.q.anderson.ea/Warning: This episode contains explicit tax advice that may cause sudden feelings of empowerment and the urge to finally deal with that pile of IRS notices.Welcome to the No BS Wealth Podcast with Stoy Hall, your candid guide to financial clarity. In our third year, we're spicing things up by enhancing community ties and bringing you straight, no-fluff financial insights. Connect with us on NoBSWealthPodcast.com, and follow Stoy on social media for the latest episodes and expert discussions. Tune in, join the conversation, and transform your financial journey with us—no BS!As always we ask you to comment, DM, whatever it takes to have a conversation to help you take the next step in your journey, reach out on any platform!Twitter, FaceBook, Instagram, Tiktok, LinkedinDISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com.

The After Hours Entrepreneur Social Media, Podcasting, and YouTube Show
Reuben Mattinson Reveals Top Tax Compliance Strategies for E-commerce

The After Hours Entrepreneur Social Media, Podcasting, and YouTube Show

Play Episode Listen Later Jun 30, 2025 25:54


Is your e-commerce business ready for the coming AI wave in tax compliance?Reuben Mattinson, Founder and CEO of RJM Tax Exemption, built a multimillion-dollar firm from his bedroom to help over 5,000 online sellers stay compliant, scale rapidly, and prepare for successful exits. Today, he shares how artificial intelligence, SaaS, and smart risk-taking are revolutionizing the world of tax compliance for e-commerce entrepreneurs.Reuben reveals how he tackled one of the most dreaded parts of online selling, sales tax compliance, and turned it into an opportunity for growth. From developing a proprietary SaaS platform that integrates seamlessly with Amazon and Shopify to leveraging AI for staff training and automating tax thresholds, Reuben walks us through the strategies that made his firm an industry leader.But that's not all. We dive deep into how businesses can harness AI not just to streamline taxes, but also to develop new products faster than ever, reducing risk and unlocking growth opportunities previously unimaginable.In this conversation, you'll learn:How Reuben turned tax headaches into a thriving SaaS solution by building tools that sync directly with major e-commerce platforms.Why integrating AI into staff training improves accuracy, agility, and customer experience, critical factors in a compliance-heavy industry.The unexpected benefits of roleplaying tough client scenarios with AI agents to prepare your team for real-world challenges.How AI voice assistants and agents are reshaping both education and elder care, offering new business models and revenue streams.Why Reuben believes AI-driven, government-verified tax advisors could soon challenge traditional CPAs, and what that means for your business.Key Takeaways:Invest in AI and SaaS tools to reduce manual processes and human errors in tax filings.Roleplay tough scenarios with AI to sharpen your team's decision-making and customer service skills.The rapid pace of AI-driven app development has removed much of the traditional risk from building new products.Connect with Reuben Mattinson:Website: https://rjmtaxexemption.com/Fonetti: https://www.fonetti.com/Timestamps:00:00 Bridging Local Expertise Gap05:43 AI-Enhanced Staff Training07:37 "Learning with Case Studies and ChatGPT"13:05 White-Labeled Software Management Solution15:31 Taking Risks on Small Partnerships17:22 Children's Book Recommendation Platform23:36 AI's Impact on Tax Advisory25:17 AI Enhances Accountant Efficiency_____________________________________________

Ogletree Deakins Podcasts
Payroll Brass Tax: Payroll Tax Compliance for Multistate Employees

Ogletree Deakins Podcasts

Play Episode Listen Later Jun 25, 2025 17:53


In the second installment of Ogletree Deakins' new podcast series, Payroll Brass Tax, Mike Mahoney (shareholder, Morristown/New York) and Stephen Kenney (associate, Dallas) discuss multi-jurisdictional tax issues for hybrid and remote employees. Stephen explains the complexities employers face with varying state and local income tax withholding rules, unemployment insurance contributions, and state-specific benefit programs, emphasizing the importance of a state-by-state analysis. Mike and Stephen explore the nuances of non-resident income tax withholding, reciprocal income tax agreements, and the “convenience of the employer” rule. They also address the impact of multi-jurisdictional employees on state benefit contributions and the registration obligations for employers with remote workers in new jurisdictions.

SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions
239 \\ Why Tax Compliance Just Got Harder—And How Smart Businesses Are Fighting Back with Kevin Akeroyd

SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions

Play Episode Listen Later Jun 20, 2025 20:33


In this episode, Tiffany talks with Kevin Akeroyd, the CEO of Sovos, about how taxes are changing fast for small business owners. They cover new rules that could lead to big fines—even for simple mistakes. Kevin shares how smart software can help business owners stay out of trouble, avoid audits, and even grow into new markets. From selling online to crossing borders, the world of tax is more complex than ever. But with the right tools, staying safe (and stress-free) is possible. You'll learn how to keep things simple, save time, and protect your business from costly problems. If you're a small business owner who wants to stay ahead of the game, this episode is for you!   Next Steps: ✅ Learn More About Sovos

Inner Edison Podcast by Ed Parcaut
How Tax Strategist Jeff Trapp Built a Successful Firm and Learned From Failure

Inner Edison Podcast by Ed Parcaut

Play Episode Listen Later Jun 17, 2025 38:48


Apple Podcast Description: In this episode of the Inner Edison Podcast, host Ed Parcaut sits down with Jeff Trapp, an experienced tax strategist and founder of Tax Planning Pros. Jeff clarifies the differences between an Enrolled Agent (EA) and a CPA, shares candid stories about his path into the tax field, and offers practical advice for business owners on proactive tax planning. Listen in as Jeff reveals common tax mistakes, the importance of building your personal brand, and key tips for keeping your books in order. Whether you're a solo entrepreneur or a seasoned business owner, this episode is packed with timely insights on saving money, building wealth, and navigating the complex world of taxes. Plus, discover how Jeff overcame setbacks to launch his own successful firm and what you should be asking your accountant to maximize your financial legacy. Learn more about Jeff at taxplanningpros.com and get inspired to take control of your business—and your taxes—today! **Contact Ed Parcaut:** -

Real Estate Investing For Professional Men & Women
Episode 339: Understanding Tax Compliance, with Carlos Samaniego EA

Real Estate Investing For Professional Men & Women

Play Episode Listen Later Jun 4, 2025 37:39


Carlos Samaniego is a recognized tax resolution expert, dynamic speaker, and founder of Tax Debt Consultants, LLC. Licensed by the U.S. Department of Treasury as an Enrolled Agent (EA), he specializes in resolving complex IRS and state tax issues for self-employed professionals and small business owners. Carlos is a best-selling author who co-authored Never Give Up with sports commentator Dick Vitale and wrote How to Make the IRS an Offer They Can't Refuse, sharing his personal journey and strategies for overcoming tax troubles. His upcoming book, The FTB Taxpayer Survival Guide, offers essential advice for handling tax disputes with the California Franchise Tax Board. Carlos has received the Quilly Award and the Expy Award, recognizing his contributions to tax resolution. He has been featured on major media outlets such as Fox, NBC, CBS, ABC, and USA Today, and in a PBS documentary hosted by Dennis Quaid. As host of the Tax Debt Consultant Podcast—ranked among the Top 10 Small Business Tax Podcasts by Feedspot—Carlos provides invaluable tax advice to a global audience. Additionally, Carlos mentors CPAs, EAs, and attorneys nationwide, helping them develop successful practices. His dedication to education and client service earned him the 2020 Tax Professional of the Year title What You Will Learn: Who is Carlos Samaniego EA? What is Carlos Samaniego's background and how did he get into tax consulting? What pivotal moment in Carlos's early career led him to realize the importance of proper tax withholding? How did Carlos navigate his tax issues over the eight years he didn't file? How does Carlos's experience shape his approach to helping clients with tax issues? What changes occurred in IRS collection practices during and after the COVID-19 pandemic? What is the significance of the "final notice before levy" that the IRS sends to taxpayers? How does Carlos engage with clients from different parts of the world, including expats? What should clients expect during the initial consultation with Carlos regarding their tax issues? How does Carlos address the fear and stigma associated with dealing with tax problems? What is the hardest part for clients when they first reach out to Carlos regarding their tax problems? What information can Carlos access once he files the power of attorney? How does Carlos compare his investigative process to a doctor's examination? What does the compliance step entail in dealing with tax issues? What options does Carlos offer for resolving tax debts based on their size? How does Carlos help clients who owe large tax balances through programs like currently not collectible status or offer in compromise? What common misconceptions do people have about tax resolution companies? How does Carlos engage with clients from different parts of the world, including expats? What advice does Carlos give regarding the importance of separating personal and business finances? How can real estate agents and self-employed individuals better manage their records to avoid tax issues? Carlos shares how everyone can contact him. Additional Resources from Carlos Samaniego EA: Website:https://www.taxdebtconsultant.com/, http://carlossamaniego.com/ LinkedIn: https://www.linkedin.com/in/carlossamaniego/ Facebook: https://www.facebook.com/taxdebtconsultant/ X: https://x.com/carlossamaniego Instagram: https://www.instagram.com/jcarlossamaniego/ Attention Investors and Agents Are you looking to grow your business? Need to connect with aggressive like-minded people like yourself? We have all the right tools, knowledge, and coaching to positively effect your bottom line. Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation! Our NEW book is out...order yours NOW! Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX HEY! You should be in class this coming Monday (MNL). It's Free and packed with actions you should take now! Here's the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg

Financial Freedom for Physicians with Dr. Christopher H. Loo, MD-PhD

If you're searching for expert help with South African tax, this episode with Andre Bothma delivers essential insights for small business owners and digital entrepreneurs.Andre Bothma, founder of Rafu, is a seasoned tax strategist who helps entrepreneurs simplify their structure, pay less tax, and make more money — especially in the evolving digital and global economy. Whether you're a solopreneur, digital nomad, or international startup founder, this conversation covers strategies that directly address the questions and challenges you're searching to solve.Andre breaks down the tax benefits of setting up a business in South Africa, how to navigate global tax optimization, and what financial services for small business actually look like in practice. He also shares how to legally reduce your tax burden using systems like the Small Business Corporation scheme and how to leverage AI for entrepreneurs to increase efficiency and drive decision-making.This episode is packed with real, relatable advice for those who want to stay compliant while optimizing profits — whether you're in Canada, the US, the UK, or South Africa itself. You'll also hear about AI tools like Grok and how Andre uses them daily to help clients make smart financial decisions.

Investor Fuel Real Estate Investing Mastermind - Audio Version
Tax Time Simplified: Essential Tips to Reduce Stress and Save Money

Investor Fuel Real Estate Investing Mastermind - Audio Version

Play Episode Listen Later May 29, 2025 33:13


In this conversation, Brett McCollum interviews Cathi Korelin, an enrolled agent with over 20 years of experience in the tax industry, particularly focusing on real estate investors. Cathi shares her journey into the tax world, the importance of proper bookkeeping, and various tax strategies that can help real estate investors save money. She emphasizes the need for a collaborative team of professionals to navigate the complexities of taxes and offers insights into common mistakes made by investors. Cathi also discusses her upcoming book on creative real estate finance and tax strategies, aiming to educate investors on maximizing their financial outcomes.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Always An Expat with Richard Taylor
49. Everything you need to know about tax compliance – from an IRS veteran | Ask An Expert with Dan Price

Always An Expat with Richard Taylor

Play Episode Listen Later May 28, 2025 43:06


“The US system of tax reporting and FBAR reporting is exceedingly complex, and materially differs from the reporting requirements in most other countries in the Western world.” So says Dan Price, my guest on this week's Ask An Expert show. That's why there's a high chance of non-compliance if you're an expat in the US, and why you need to hear this week's episode. Dan is a distinguished tax attorney, two years into running his own firm but with almost 20 years of experience at the IRS Office of Chief Counsel. While there he established programs designed to aid individuals in becoming tax compliant, and covered both criminal and civil IRS audits. He knows his stuff, so it's a privilege to have him on the show to take us behind the scenes at the IRS and give you expert advice on staying tax compliant. We talk about:·      The cost of compliance for middle-class tax payers. What qualifies as middle-class? And what are the costs of being in non-compliance? Hint: they're significant.·      How to streamline your filing with the IRS. As Dan explains, there are myriad systems and procedures in place to catch wilful non-compliance. You can't beat the algorithm, so don't try.·      The difference between true ignorance, or wilful blindness, and knowingly ignoring tax obligations. if you're an expat or an immigrant and you came here mid-career, there's a very good chance you're in some form of non-compliance. Don't bury your head in the sand. It's very possible the IRS already has information about you and it might one day catch up with you. There are solutions, palatable solutions, as you'll hear in this episode.For more information on Daniel N Price LLC, visit pricetaxlaw.comWe're the Brits in America is affiliated with Plan First Wealth LLC, an SEC registered investment advisor. The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of Plan First Wealth. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Plan First Wealth does not provide any tax and/or legal advice and strongly recommends that listeners seek their own advice in these areas.

Minimum Competence
Legal News for Tues 5/13 - Trump Ousts Copyright Office Chief After AI Report Critical of Musk Position, Texas Hands $1b to Private Schools and Starves Public Ones, Trump Undercuts Tax Compliance

Minimum Competence

Play Episode Listen Later May 13, 2025 6:39


This Day in Legal History: Brady v. MarylandOn May 13, 1963, the U.S. Supreme Court issued its landmark ruling in Brady v. Maryland, fundamentally reshaping criminal procedure and the obligations of prosecutors. The case involved John Brady, who was convicted of murder in Maryland state court. Although he admitted involvement, he claimed he did not commit the actual killing. During the trial, the prosecution withheld a statement from Brady's co-defendant that supported this claim. After Brady was sentenced to death, his attorneys discovered the statement and appealed, arguing that suppression of such exculpatory evidence violated his constitutional rights.The Supreme Court agreed, holding in a 7–2 decision that suppression by the prosecution of evidence favorable to an accused who has requested it violates due process, regardless of whether the prosecution acted in good faith or bad faith. This principle became known as the Brady Rule, and it remains one of the cornerstones of a fair trial in American criminal justice. The Court emphasized that the goal of a trial is not to win a case but to ensure justice is done.The Brady decision led to a broader understanding of prosecutorial obligations and placed enforceable limits on government discretion. Over time, it has been extended and clarified through subsequent cases, shaping what material must be disclosed and when. Still, Brady violations continue to arise in courts, often forming the basis for appeals or post-conviction relief. The ruling reflects a deep constitutional commitment to due process and underscores the state's duty to act not only as an advocate but also as a guardian of fairness.President Donald Trump abruptly fired Shira Perlmutter, the Register of Copyrights, on May 10, 2025, just two days after also dismissing Librarian of Congress Carla Hayden, who had appointed Perlmutter in 2020. The U.S. Copyright Office confirmed the termination via a statement, noting that Perlmutter received an email from the White House informing her that her role was ended “effective immediately.” The administration has not publicly explained the firing, and Perlmutter has not commented.The move came shortly after the Copyright Office released a report addressing how generative AI models interact with copyright law. The report urged caution on government intervention and emphasized the importance of voluntary licensing systems. It drew a line between research-related uses of AI, which are unlikely to harm copyright holders, and commercial uses that replicate copyrighted content, especially when done through unauthorized access—arguing the latter may exceed fair use.Rep. Joe Morelle (D-N.Y.) condemned the dismissal, calling it an "unprecedented power grab" and linking it to Perlmutter's refusal to support Elon Musk's push to use copyrighted material for AI training. The timing of her removal, coming one day after the report's release, has intensified speculation about political motives behind the firing.Trump Terminates US Copyright Office Director in New Shakeup (1)Everything is bigger in Texas, including policy failures. The latest—an expensive exercise in public policy theater that trades taxpayer dollars for ideological victory laps. With Governor Greg Abbott poised to sign Senate Bill 2 into law, Texas is now on track to funnel $1 billion away from public education and into private schools, starting in the 2026-27 school year. And make no mistake: this isn't about "school choice"—it's about abandoning public schools under the rhetorical cover of parental empowerment.Supporters say it's about letting families choose the education that “fits their child's path,” but the real fit here is between a regressive policy and a Republican donor wishlist. Up to 20% of the funds will be available to families earning over $160,000—so yes, the state is subsidizing private tuition for households that already have the means. Meanwhile, the public schools left behind are told to make do with less.Texas already ranks 38th in the nation in per-student funding, and public schools are still reeling from the $7.6 billion lawmakers withheld last session to hold them hostage for this very proposal. Districts have been cutting staff, closing campuses, and hiring uncertified teachers to stay afloat. Now they're being told they can have their crumbs—so long as a chunk of the loaf goes to private institutions that aren't accountable to the same standards, can't be compelled to admit students, and won't have to administer the same state tests used to judge public schools.This is a policy that spends public money without public accountability. It privileges private choice over public obligation. And it's being sold with the same warmed-over talking points that ignore what the data keeps telling us: vouchers don't reliably improve academic outcomes, especially not for the low-income students lawmakers claim to be championing.But the most corrosive effect isn't just fiscal—it's philosophical. When a state government diverts taxpayer dollars to schools that don't have to serve every child, it's not expanding opportunity. It's signaling that public education is optional, a backup plan, a place for the kids who didn't win the voucher lottery.Texas isn't innovating—it's retreating. And when the dust settles, it won't be the parents cashing the checks who pay the highest price. It'll be the millions of Texas students left in schools that the state funded just enough to fail.Private school vouchers head to Abbott's desk to become lawMy column for Bloomberg this week focuses on the quiet but dangerous implications of President Donald Trump's plan to reassign IRS criminal investigators from pursuing tax crimes to enforcing immigration law. This isn't just bureaucratic tinkering—it's a direct hit to the fragile deterrence model at the heart of our voluntary tax system. That system relies on the perception that the IRS is always watching, even if the chance of an audit is low. When that perception erodes, so does compliance.I argue that this shift weakens a key psychological pillar of tax law: the belief that evading taxes carries real consequences. Without the looming presence of tax enforcement, some taxpayers begin to wonder—sometimes out loud—whether they still need to play by the rules. I've seen this firsthand in conversations with clients and students. The risk of noncompliance starts to look more like a gamble than a crime.Public, high-profile enforcement has always served a broader messaging purpose: make examples of a few to deter many. But moving agents away from tax cases undermines that strategy and signals that enforcement is now a political tool, not a consistent application of law. Once that belief spreads, taxpayers may stop viewing payment as a civic duty and start viewing it as optional—especially if they believe others are getting away with cheating.I close by warning that this perception shift, once embedded, is hard to undo. Tax compliance is held together by trust as much as enforcement. Undermining one weakens the whole system. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.
Tradeshow Series: APC, Tax Compliance, Tax Changes, Methylene Blue

The Bottom Line Pharmacy Podcast: Sykes & Company, P.A.

Play Episode Listen Later Apr 17, 2025 16:57


Send us a textAre you shipping GLPs and other compounded medications out of state? You may have a tax compliance issue.  From constant GLP changes to multi-state taxes, we're coming to you post-APC Owner's Summit to bring you the 411 on the compounding world! In this episode of The Bottom Line Pharmacy Podcast, Scotty Sykes, CPA, CFP® and Austin Murray share key insights from the APC Summit. Tune in to learn more about: The growing role of wellness in patient care Navigating multi-state tax complexities and IRS modernization What the expiration of the Tax Cuts and Jobs Act could mean for you Stay up to date on new episodes by liking and subscribing! Click here for the transcriptStay connected with us:  Facebook Twitter (X) LinkedInInstagram Scotty Sykes – CPA, CFP LinkedIn Scotty Sykes – CPA, CFP Twitter More resources about this topic:Podcast – Compounding Comeback Podcast – Navigating GLP-1 Growth Podcast – Driving Independent Pharmacy Profitability in 2025 

Cloud Accounting Podcast
IRS Officials Claim Cuts Will Widen Tax Gap by $500 Billion

Cloud Accounting Podcast

Play Episode Listen Later Apr 2, 2025 59:09


What happens when tax enforcement weakens? With 17% of millennials considering skipping their tax filing altogether, Blake and David dig into how IRS budget cuts might impact compliance and revenue. They analyze fascinating survey data revealing what taxpayers truly value when choosing between professional preparation and free options like Direct File. Plus, discover the accounting scandal forcing Financial Times to retract its Tesla analysis, exposing how GAAP complexity confounds even financial experts. You'll also learn why three major US cities face billion-dollar budget holes and the disturbing revelation that duplicate Medicaid payments are costing taxpayers billions—all while Tether still can't produce an audit after ten years of promises.Sponsors Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.)    RightWorks- http://accountingpodcast.promo/rightnow2025Chapters(00:00) - Introduction and Podcast Overview (00:42) - Top Stories of the Week (02:27) - Sponsor Messages and Event Announcements (04:52) - Interview with Christina Ho on PCAOB (07:57) - Discussion on IRS Cuts and Tax Compliance (19:44) - Survey on IRS Direct File (28:21) - AI's Impact on Tax Professionals (29:14) - Discrepancies in Tax Software Results (30:08) - Public Opinion on Tax Filing Services (31:23) - Challenges for Tax Professionals (32:39) - LA's Budget Crisis (36:24) - Federal Government Spending Issues (37:28) - Medicaid Duplicate Payments Scandal (45:55) - Tether's Audit Controversy (50:38) - Tesla's Financial Discrepancies (56:16) - Big Four Transparency Rankings (58:07) - Conclusion and Farewell  Show NotesTax Revenue Could Drop by 10 Percent Amid Turmoil at IRShttps://www.washingtonpost.com/business/2025/03/22/irs-tax-revenue-loss-federal-budget/ Survey: Some Americans Might Roll the Dice on Not Filing Their Taxes This Year Due to IRS Job Cutshttps://www.cpapracticeadvisor.com/2025/03/26/survey-some-americans-might-roll-the-dice-on-not-filing-their-taxes-this-year-due-to-irs-job-cuts/157877/ Most Americans Are Interested in Using IRS Direct File to Prepare and File Their Taxeshttps://taxpolicycenter.org/briefs/most-americans-are-interested-using-irs-direct-file-prepare-and-file-their-taxes TurboTax vs Free Tax USA: A Shocking Price Comparison https://www.tiktok.com/@carolinesadventure/video/7482613418801859870 Survey: 91% of Americans Think Filing Taxes Should Be Freehttps://www.cpapracticeadvisor.com/2025/03/11/survey-91-of-americans-think-filing-taxes-should-be-free/157176/ Why you should think twice before claiming an income-tax extension. ‘This is not the year to do your normal procrastinating.'https://www.marketwatch.com/story/why-you-should-think-twice-before-claiming-an-income-tax-extension-this-is-not-the-year-to-do-your-normal-procrastinating-89937e0d LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffshttps://www.bloomberg.com/news/articles/2025-03-20/la-faces-1-billion-budget-hole-warning-thousands-of-layoffs WSJ investigation: Medicaid paid health insurers billions by covering the same patients twicehttps://www.risehealth.org/insights-articles/wsj-investigation-medicaid-paid-health-insurers-billions-by-covering-the-same-patients-twice/ Tether seeks Big Four firm for its first full financial audit — Reporthttps://cointelegraph.com/news/stablecoin-issuer-tether-big-four-firm-full-reserve-audit-report Financial Times retracts report on Tesla's alleged shady accountinghttps://www.teslarati.com/financial-times-retracts-report-tesla-shady-accounting/ The Big 4 Transparency Accounting Awardshttps://big4transparency.beehiiv.com/p/the-big-4-transparency-accounting-awards Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify:

Cloud Accounting Podcast
IRS Layoffs, BOI Is Back, PCAOB Under Threat

Cloud Accounting Podcast

Play Episode Listen Later Feb 27, 2025 67:38


Is the U.S. heading toward a financial cliff? In this eye-opening episode, Blake and David unpack the Government Accountability Office's sobering projection that federal debt will double the size of the economy by 2047. While exploring recent DOGE initiatives and IRS layoffs, they examine whether drastic government spending cuts are inevitable—and necessary.Meanwhile, Virginia and Tennessee join the growing movement to reform CPA licensure requirements by offering pathways that don't require 150 credit hours. Could these changes be the key to increasing diversity more effectively than corporate DEI programs?You'll also discover why the $400 million PCAOB budget might be on the chopping block, how AI research tools like Perplexity Deep Research are revolutionizing tax research, and get the latest update on the ever-shifting BOI reporting deadlines. Whether you lean left, right, or stay strictly in the debits and credits, this episode offers practical insights for navigating the changing professional landscape.SponsorsOnPay - http://accountingpodcast.promo/onpayCPA.com - http://accountingpodcast.promo/cpaBluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.)Chapters(02:16) - Apologies and Clarifications (04:37) - IRS Layoffs and Government Spending (05:32) - Live Stream Interactions and Sponsorships (06:47) - Federal Debt and Fiscal Health (16:58) - BOI Reporting Deadline Extension (19:05) - Deloitte's DEI Changes (23:26) - CPA Licensure Pathways (28:37) - DOGE Dividend Proposal (33:14) - Social Security and Medicare Funding Challenges (35:40) - Impact of IRS Layoffs (38:13) - Audit Rates and Tax Compliance (42:16) - Regulatory Burdens and Economic Growth (50:09) - PCAOB and Audit Quality (59:54) - AI in Tax Research (01:05:38) - Listener Engagement and Final Thoughts  Show NotesGAO-24-106987, The Nation's Fiscal Healthhttps://www.gao.gov/assets/d24106987.pdf Corporate Transparency Act Enforcement Injunction Stayed, FinCEN Extends the Beneficial Ownership Information Reporting Deadline to March 21, 2025, and Announces Intention to Revise the Reporting Rulehttps://www.sidley.com/en/insights/newsupdates/2025/02/corporate-transparency-act-enforcement-injunction-stayed Trump Demands Apple Ditch DEI After It Rejects Proposal: Here Are All The Companies Cutting Diversity Programshttps://www.forbes.com/sites/conormurray/2025/02/26/trump-demands-apple-ditch-dei-after-it-rejects-proposal-here-are-all-the-companies-cutting-diversity-programs/ Breaking down Virginia's new CPA requirements: What you need to knowhttps://www.blakeoliver.com/blog/breaking-down-virginias-new-cpa-requirements-what-you-need-to-know Virginia General Assembly passes legislation widening pathways to CPA licensure effective Jan. 1, 2026https://boa.virginia.gov/2025/02/virginia-general-assembly-passes-legislation-widening-pathways-to-cpa-licensure-effective-jan-1-2026/ Bridging the Gap: New CPA Licensure Legislation To Address the CPA Shortagehttps://www.tscpa.com/news/1490-bridging-the-gap-new-cpa-licensure-legislation-to-address-the-cpa-shortage $5,000 DOGE check? Trump backs idea to send some savings to Americanshttps://www.fox9.com/news/5000-doge-dividend-check-trump-backs-savings-americans IRS plans to lay off 7,000 probationary workers beginning Thursday, AP source sayshttps://apnews.com/article/irs-layoffs-trump-elon-musk-doge-df2b3c8d53ff9f2d276c8b29f8004dde AICPA CEO Mark Koziel on the Future of Accounting Under the Trump Administrationhttps://www.nysscpa.org/news/publications/the-trusted-professional/article/aicpa-ceo-mark-koziel-on-the-future-of-accounting-under-the-trump-administration-021225 Perplexity Unveils Deep Research: AI-Powered Tool for Advanced Analysishttps://www.infoq.com/news/2025/02/perplexity-deep-research/ TaxGPT Raises $4.6M to Build the First AI Tax Co-Pilot for Accounting and Tax Firmshttps://www.taxgpt.com/blog/taxgpt-raises-4-6m-to-build-the-first-ai-tax-co-pilot-for-accounting-and-tax-firms DeepSeek on par with GPT, Claude, Llama for accountinghttps://www.accountingtoday.com/news/deepseek-on-par-with-gpt-claude-llama-for-accounting Secure your Intuit Account and prevent lockout with extra verification methodshttps://quickbooks.intuit.com/learn-support/en-us/help-article/security-risk/verify-account-multi-factor-authentication/L2Xp0GNiT_US_en_US Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and ...

Absolute Trust Talk
171: IRS Audits Uncovered: What Triggers Them and How to Prepare

Absolute Trust Talk

Play Episode Listen Later Feb 27, 2025 22:21


Few things are as nerve-wracking as receiving an IRS audit notice—but how do audits really work, and what can you do to protect yourself? In this episode of Absolute Trust Talk, Kirsten Howe sits down with Anthony Kim, a former IRS Chief Counsel Attorney with 26+ years of experience, to reveal the truth behind IRS audits. Tony, who has litigated complex tax cases for the U.S. Treasury Department and represented Fortune 500 companies and high-net-worth individuals at Ernst & Young, shares insider knowledge on what triggers audits, the IRS selection process, and how to avoid common red flags. You'll learn why IRS audits are rarer than you think, the top mistakes taxpayers make, and why choosing the right representative—CPA or tax attorney?—could make or break your case. Plus, Tony drops a little-known IRS tip that could save you from missed notices and financial headaches. Don't leave your financial future to chance! Listen now to get expert advice on navigating an IRS audit with confidence.   Time-stamped Show Notes: 0:00 Introduction 0:57 Meet Anthony Kim: Former IRS Chief Counsel Attorney & tax expert 3:42 What triggers an IRS audit? Common red flags explained. 6:28 Whistleblower reports and third-party mismatches—how they lead to audits 7:46 The truth about audit risk: How rare are they, really? 8:43 Step one: How the IRS contacts you—don't fall for scams! 10:00 The one IRS form every taxpayer should file after moving 11:00 The biggest mistake taxpayers make—what NOT to say in an audit 15:32 The worst-case audit scenarios and how to avoid them 16:49 Why even a low-risk audit could turn into a criminal case 17:24 Who should represent you in an audit? CPA vs. tax attorney debate 21:38 What happens at the end of an audit—how decisions are made 22:47 How to challenge an IRS audit decision and file a protest letter

The Moneywise Guys
2/18/25 From Crypto Tax Compliance to Carbon Capture: A Full Energy Discussion with Chad Hathaway

The Moneywise Guys

Play Episode Listen Later Feb 19, 2025 48:40


The Moneywise Radio Show and Podcast Tuesday, February 18th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Guys" podcast call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management instagram: MoneywiseWealthManagement Guest: Chad Hathaway, President/CEO of Hathaway LLC. www.hathawayllc.com  

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

Cloud Accounting Podcast

Play Episode Listen Later Nov 16, 2024 73:41


Blake and David dive into the economic implications of Trump's election victory, including proposed tariffs that could significantly impact businesses and inflation. They explore potential tax changes under a new Trump administration, from corporate rate reductions to the elimination of the SALT cap. They also examines an alarming $47 million IRS fraud scheme targeting tax practitioners and debate the future of Bitcoin as speculation grows about a potential national Bitcoin reserve.SponsorsOnPay - http://accountingpodcast.promo/onpaySuralink - http://accountingpodcast.promo/suralinkCloud Accountant Staffing - http://accountingpodcast.promo/casArtiffex - http://accountingpodcast.promo/artiffexChapters(00:00) - Welcome to The Accounting Podcast (03:05) - Avalara Crush Conference Insights (07:48) - AI and the Future of Tax Compliance (13:21) - Trump's Economic Impact (17:26) - Tariffs and Global Trade (25:40) - Tax Proposals and Implications (36:53) - Bitcoin's Meteoric Rise and Market Speculations (47:43) - AI Adoption in the Workforce (49:53) - IRS PPS Fraud: A Deep Dive (01:00:49) - PCAOB Drama and Audit Deficiencies (01:06:49) - BOI Reporting and AICPA's Response (01:10:33) - Closing Remarks and CPE Information  Show NotesComing soon!Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsCoefficient - http://accountingpodcast.promo/coefficientexpoForwardly - https://www.forwardly.com/Client Hub - https://clienthub.app/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page