DOGE Chaos, Reciprocal Tariffs, Deloitte Backs off DEI, AICPA Caves on 150

Today, Blake and David dive into the controversy surrounding DOGE's withholding federal funds and gaining access to Treasury payment systems. They also examine AICPA's move away from the 150-hour requirement and Adobe's misguided tax document advice. All this and much more, right now!

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(00:00) - Welcome to The Accounting Podcast

(00:54) - Chaos Created by Doge

(01:32) - Top Stories of the Week

(02:17) - Listener Mail and Additional Topics

(05:09) - Live Stream Interaction

(06:42) - DOJ and Treasury Payment Freeze

(17:40) - Young Engineers at DOJ

(24:15) - Automation Features for Seamless Transactions

(24:44) - Addressing Viewer Questions on Treasury Policies

(25:34) - Debate on Federal Fund Vetting and Spending

(27:57) - Government Bureaucracy and Political Battles

(33:31) - The Role of Young Auditors in Government Agencies

(40:38) - Adobe's Tax Tips: Helpful or Harmful?

(43:54) - Final Thoughts on Government Efficiency and Partisanship

Show Notes

NASBA and the AICPA Propose an Alternative Path to CPA

https://www.cpajournal.com/2025/01/24/nasba-and-the-aicpa-propose-an-alternative-path-to-cpa/#google_vignette

“DOGE” Access to Treasury Payment Systems Raises Serious Risks

https://www.cbpp.org/research/federal-budget/doge-access-to-treasury-payment-systems-raises-serious-risks

Governor Shapiro Files Lawsuit Challenging Trump Administration’s Unconstitutional Federal Funding Freeze in Order to Protect Pennsylvania Interests

https://www.pa.gov/governor/newsroom/2025-press-releases/gov-shapiro-files-lawsuit-trump-admin-unconstitutional-federal-f.html

Craig Hausz Tweet on a client’s tax return delay

https://x.com/CPATaxTeam/status/1890096888549912704

Federal judge partially blocks DOGE’s access to Treasury financial systems

https://fedscoop.com/judge-blocks-treasury-payments-systems-from-doge/

Taxing times: New Adobe Acrobat survey reveals taxpayer stressors and solutions for making filing easier

https://blog.adobe.com/en/publish/2025/02/20/taxing-times-new-adobe-acrobat-survey-reveals-taxpayer-stressors-solutions-for-making-filing-easier

Are Deloitte UK & Deloitte US Doing DEI Differently?

https://sustainabilitymag.com/articles/are-deloitte-uk-and-us-doing-dei-differently

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Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page