Dive into a whirlwind of tax revelations and accounting insights! From the freshly unveiled 2024 tax rates to the digital revolution of GPT-4 in the accounting realm, we've got it covered. Get insights on Tesla's recent pricing strategy and highlights from the Forbes Under 30 Summit. Plus, Jackie shares a professional hack using Chat GPT and teases exciting future plans for the podcast.
Timestamps:
00:00 - Introduction: Welcome to Tax Bite
00:45 - Headline News: 2024 Tax Rates Released by the IRS
02:15 - GPT-4 Taking Over: AICPA's Generative AI Toolkit
03:30 - Tesla's Model Price Reduction and Federal Tax Credit
04:45 - Top of That Segment: Forbes Under 30 Summit Highlights
06:30 - Jackie's Banter: Upcoming Conferences and Personal Reflections
08:00 - Professional Hack of the Week: Using Chat GPT for Client Emails
09:15 - Future Plans for Tax Bite and Listener Participation
10:30 - Call to Action: Like, Comment, and Share
11:15 - Outro: Sponsored by TaxPlanIQ
Show Highlights:
2024 Tax Rates: The IRS releases the 2024 tax rates amidst confusion with 2023 rates. Expect inflation increases of about 7%. No major changes announced.
GPT-4's Rise: AICPA releases a generative AI toolkit. Special webinars and a focus on AI at the Digital CPA conference.
Tesla News: Price reduction for Model 3 and X. Jackie's personal experience with Model Y. New federal tax credit of $7,500.
Forbes Under 30 Summit: Young entrepreneurs share their success stories. Notable attendees include the world's youngest billionaire and Rainn Wilson from The Office.
Professional Hack: Use Chat GPT to craft responses to client emails efficiently.
Future of Tax Bite: Plans to spotlight a business each week. Listener participation encouraged for suggestions.
References & Further Reading:
Kelly Phillips Erb's article on Forbes - Detailed breakdown of the 2024 tax rates - https://www.forbes.com/sites/kellyphillipserb/?sh=6f709f4979cb
AICPA's Generative AI Toolkit - Resources and webinars on GPT-4 and its applications in the accounting world - https://www.aicpa-cima.com/cpe-learning/conference/aicpa-national-tax-conference
TaxPlanIQ - Speed up the tax planning process and add a touch of flair to your accounting - https://www.taxplaniq.com/
Digital CPA in Vegas - https://www.cpa.com/digital-cpa?gclid=CjwKCAjw7oeqBhBwEiwALyHLM9c-OILbCBynHKaWNlwMH8jACDQnjfS6dVVpPrAXe6TxlXP8cz_j8RoCw9EQAvD_BwE&gclsrc=aw.ds
Connect with Jackie Meyer:
Website - https://www.jackiemeyercpa.com/
LinkedIn - https://www.linkedin.com/in/jackiemeyercpa/
TaxTwitter Retreat: #TaxTwitter Retreat Unveiled! - Tri-Merit
Instagram - @jackiemCPA
