Aussies Want to Break up Big Four & Trump Accounts Go Live on the 4th
About this episode
Blake and David discuss the implications of new Trump accounts, the Big Four scandal in Australia, and the evolving role of AI in tax and accounting.
What if one tax break could give your child a head start or hand them a pile of money at 18? Blake and David unpack the new Trump accounts, who should use them, and why advisors are split. They also dig into Australia’s latest Big Four scandal, worsening IRS service, AI’s growing role in tax and training, and what these shifts mean for accountants, firms, and clients. Sponsors OnPay - http://accountingpodcast.promo/onpay Canopy - http://accountingpodcast.promo/canopy The Value Builder System - http://accountingpodcast.promo/value Cloud Accountant Staffing - http://accountingpodcast.promo/cas Chapters (00:00) - TAP 495 (01:40) - Sponsor Break OnPay (03:11) - Trump Accounts Basics (04:39) - Risks Versus 529 Plans (08:46) - Roth Conversion Strategy (11:27) - Big Four Scandals Australia (15:02) - Sponsor Break Canopy (16:26) - Coca-Cola Transfer Pricing Fight (21:38) - IRS Data Sharing Mess (23:41) - Tax Season Report Card (26:25) - IRS Help Centers Secret Shop (28:31) - Sponsor Break Value Builder (29:47) - IRS Chatbots Gone Wrong (30:36) - IRS Chatbot Failures (31:37) - Nonprofit Enforcement Push (33:29) - Is Nonprofit Fraud Real (36:27) - Sponsor Cloud Staffing (37:46)…
Sponsors
OnPay, Canopy, The Value Builder System, Cloud Accountant Staffing
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