How Much Should A CPA Charge For A Business Tax Return? (with Roger Knecht) - a podcast by David Leary & Blake Oliver, CPA
from 2023-06-28T09:15
In this episode of the Accounting Podcast, Blake and David talk to CPA Roger Knecht about how much CPAs should charge for business tax returns. They also touch on the latest news, including Hunter Biden's plea deal for tax charges, the Pentagon overestimating supplies sent to Ukraine by $6.2 billion, and the SEC charging Marcum with quality control failures. They also dig into sports gamblers losing more money as parlays gain popularity, Roger's five pricing strategies, and AI in accounting.
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Chapters
- (00:23) - Preview: CPAs are pricing themselves too low
- (01:13) - Welcome Roger to the show and a little background on what he does
- (03:20) - What topics we'll cover in this episode
- (04:25) - Hunter Biden takes plea deal in tax charges
- (09:20) - Pentagon overestimates supplies sent to Ukraine by $6.2 billion
- (12:27) - Who will win: Elon Musk vs Mark Zuckerberg
- (16:07) - CPA Ontario and CPA Quebec sever ties with CPA Canada
- (20:56) - The SEC charges Marcum with quality control failures
- (31:52) - Yahoo Finance article on how much people should expect to pay for a CPA
- (38:33) - Sports bettors losing more money as parlays gain popularity
- (43:59) - Roger's 5 pricing strategies
- (48:53) - Some updates on AI in accounting
- (57:18) - Wrap up and where to reach Roger
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Meet Our Guest, Roger Knecht:
Website: https://universalaccounting.com/
LinkedIn: https://www.linkedin.com/in/rogerknecht/
Twitter: https://twitter.com/universalacct
Facebook: https://www.facebook.com/universalaccountingschool
Instagram: https://www.instagram.com/rogerknecht/
Show Notes
Even by the standards of billionaire-versus-billionaire tiffs, the proposed cage fight between Elon Musk and Mark Zuckerberg stands out
https://www.wsj.com/articles/elon-musk-mark-zuckerberg-cage-fight-b71fa4ff
Marcum, the SEC said, audited nearly half of the roughly 860 SPAC IPOs in 2020 and 2021. The firm agreed to pay the SEC $10 million in fines for widespread failures in its audits.
Accounting Mistake Caused Pentagon to Overestimate Cost of Weapons Sent to Ukraine by $6.2B - CPA Practice Advisor
I'm a Small Business Owner. How Much Will a CPA Cost Me?
https://finance.yahoo.com/news/im-small-business-owner-much-130149992.html
4 in 5 Australians want PwC banned from new government work | Accountants Daily
CPA Quebec, Ontario bodies sever ties with national organization
https://financialpost.com/fp-finance/cpa-quebec-ontario-sever-ties-national-organization
Hunter Biden expected to plead guilty to tax-related misdemeanor crimes as part of a plea agreement
https://www.nbcnews.com/news/amp/rcna90144
How much did Congress lose by defunding the IRS
https://www.washingtonpost.com/opinions/interactive/2023/irs-enforcement-costs-congress-funding/
Parlay bets are becoming a bigger part of online sports betting—which is good news for the house
https://www.wsj.com/articles/sports-better-win-lose-ddcaae24
BDO to Convert to a Corporation, Replacing US Partnership (2)
New bookkeeping platform Thriday says AI is on its way to save you from taxes and accountants
CLA launches high school summer intern program
https://www.accountingtoday.com/news/cla-launches-high-school-summer-intern-program
Jeff Seibert, CEO and Co-Founder of Digits – Interview Series
https://www.unite.ai/jeff-seibert-ceo-and-co-founder-of-digits-interview-series/
KPMG's Banking Troubles Give Accounting a Black Eye (Podcast)
Digits AI Debuts as World's First Secure, Accurate, Business Finance AI
Pentagon's Ukraine accounting error revised up to US$6.2 billion
https://www.channelnewsasia.com/world/us-pentagon-ukraine-accounting-error-62-billion-3576286
CPA Canada remains committed to a unified Canadian accounting profession
https://finance.yahoo.com/news/cpa-canada-remains-committed-unified-222200923.html
Pentagon Says a $6 Billion Accounting Error Allows More Arms for ...
Rumor: BDO USA Is Switching From a Partnership to a Corporation on July 1
Pentagon says Ukraine accounting error revealed last month is much bigger than previously stated
https://www.cnn.com/2023/06/20/politics/pentagon-ukraine-accounting-error/index.html
Ontario, Quebec accounting bodies announce planned split from CPA Canada
https://www.canadian-accountant.com/content/profession/ontario-quebec-split-from-cpa-canada
Digits AI Debuts as World’s First Secure, Accurate Business Finance AI
Tech News: Digits launched AI product
https://www.accountingtoday.com/list/tech-news-digits-launched-ai-product
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The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
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