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Visa acquires Plaid & Intuit makes ChronoBooks exclusive to QBO Advanced

Visa acquires Plaid, Intuit makes ChronoBooks exclusive to QuickBooks Online Advanced, Expensify releases Karma Points, why FASB is the villain, the consequences of California's Consumer Privacy Act, why email is the biggest threat to small business, how even more elaborate frauds are swindling big business, how Walmart is automating its stock rooms, and is the "Buffet Indicator" a warning sign that the stock market is doomed for another big crash?

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

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

The best and worst 2020 predictions (and some of our own)

It's January and you know what that means... Everyone is making predictions! We cover the best and worst predictions for the profession, and make some of our own. In this episode: Accountex USA is no more, what's next for blockchain, what's next for gadgets, what Millennials want from your firm, accounting trends that will shape 2020, critical issues facing the profession, what regulators are up to in accounting, AI predictions, creepy applications that will change your business, and how big tech is coming for fintech.

How California's new privacy and contractor laws could affect you

We dive deep into two laws that took effect January 1: 1) California's Consumer Privacy Act and 2) AB-5, which reclassifies many independent contractors as employees. Even if you aren't based in California, these laws could affect you or your firm, especially if you do business or employ California residents. Also, Moss Adams reported a data breach, Receipt Bank raised $73 million, Google has developed an AI system that can match or outperform radiologists, how to keep your customers for a decade or longer, small businesses are generally getting hosed by terrible interest rates on business loans, what's up at FASB, and how much it should cost to run finance as a percentage of revenue.

Reflecting on a Decade of Cloud Accounting

We look back from the end of 2019 all the way to 2009 — a decade in which technology changed our lives and the accounting profession. Listen for what worked, as well as the tech predictions from the 2010s that aged badly. QR codes, anyone? Also, hear the new Ghostbusters-themed QuickBooks Live commercial, stories about businesses adapting to life in a post-Wayfair sales tax world, what's new with cloud computing accounting rules, how much firms are spending on tech vs. marketing, and what firm leaders can learn from Old Navy.

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Copyright (c) 2019 Blake Oliver