The Accounting Podcast

Employers Take Hard Pass on Trump Tax Deferral

09.15.2020 - By Blake Oliver & David LearyPlay

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So. Much. News! Grab a beverage, and/or snacks! Major companies reject Trump’s payroll tax deferral; SaaS Firm CEO Resigns; Layoffs, Probe Follow; DOJ: 57 Charged With Alleged PPP Fraud; Melio Raises $144M to keep Small Businesses in Business by Simplifying their B2B Payments; Sage and Revolut partner to hand back three weeks of admin time to small business owners; The FTC Is Investigating Intuit Over TurboTax Practices; Deel Lands $30M For Workforce Payroll; The majority of workers use automation software at work—here's why; Employers added 1.4M jobs in August, but subtracted 1.6K accounting jobs; Quickie lender Kabbage doled out billions in PPP loans. A number of borrowers raised red flags; SBA Loan Program Contractor and Rocket Loans Face Scrutiny; GPT-3 bot that lets people with no accounting knowledge generate financial statements.

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