The Wednesday Lowdown ⬇️

If you're new around here, every day I share the 4-5 best accounting insights I saw in the past 24 hours.

I scroll. so you don't have to.

💎 WTF of the Day

Tax Court to Bush Appointee: Rules Are Rules

Nathan Hochman, a former Bush appointee and assistant attorney general for tax, missed the deadline to challenge his IRS bill. His reason? Health issues and other complications. But the tax court wasn’t having it—deadlines are deadlines.

The ruling sent a clear message, the tax code doesn’t play favorites, not even for those who once enforced it.

💎 What’s poppin in accounting

Amazon’s Latest Power Move for Sellers

Amazon just made every seller’s life easier by teaming up with Intuit QuickBooks. Transactions, fees, and refunds now sync automatically, no more spreadsheet drama.

This move isn’t just about helping sellers, it’s about locking them in. By integrating directly with QuickBooks, Amazon strengthens its grip on the e-commerce ecosystem, making it harder for sellers to switch platforms. A bookkeeping shortcut disguised as a loyalty play.

But what's in it for Intuit? By partnering with Amazon, Intuit taps into a vast pool of small business owners, potentially boosting QuickBooks subscriptions. Sellers get streamlined accounting, and Intuit expands its user base.

Accountant’s Automation Toolkit 🔨

Live with Blake Oliver - Jan 14th

Learn to integrate ChatGPT, Process Street & Zapier for automated accounting workflows, enhance client services with AI, and expand your practice.

Save Your Spot

 📊 Weekly Trend Chart

Hershey’s Cracks the Code for Recession Proof Sales

Even in tough times, people still buy chocolate. Hershey’s has mastered the art of affordable indulgence, keeping sales strong no matter the economy. Their secret? A mix of iconic branding, irresistible products, and a price point that feels like a treat, not a splurge. While other companies scramble during recessions, Hershey’s keeps cashing in—proving that a little sweetness always sells.

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