The Accounting Podcast

Rubber Stamped Forgiveness for PPP Loans


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Show Notes

07:15 – Microsoft will let employees work from home half the time
 https://www.cnbc.com/2020/10/09/microsoft-implements-new-hybrid-remote-work-policy.html

10:47 – SBA and Treasury simplify forgiveness of PPP loans under $50K+
https://www.accountingtoday.com/news/sba-and-treasury-simplify-forgiveness-of-ppp-loans-under-50k 

11:47 – PPP forgiveness simplified for loans of $50,000 or less

https://www.journalofaccountancy.com/news/2020/oct/ppp-forgiveness-simplified-for-loans-50000-less.html

14:21 – IRS Investigating NRA’s Wayne LaPierre for Possible Tax Fraud
https://www.wsj.com/articles/irs-investigating-nras-wayne-lapierre-for-possible-tax-fraud-11601923467

15:46 – Software Pioneer John McAfee Indicted On Tax Charges
https://www.forbes.com/sites/kellyphillipserb/2020/10/05/software-millionaire-john-mcafee-indicted-on-tax-charges/#65df8ef72672

19:00 – IRS: Sorry, but It’s Just Easier and Cheaper to Audit the Poor
https://www.propublica.org/article/irs-sorry-but-its-just-easier-and-cheaper-to-audit-the-poor

21:20 – IRS Whittles Mail Backlog, Aims to Make Final Stimulus Payments
https://www.wsj.com/articles/irs-whittles-mail-backlog-aims-to-make-final-stimulus-payments-11602097587

23:20 – Robinhood Reports Potential Hacking Incident
https://www.pymnts.com/news/security-and-risk/2020/robinhood-reports-potential-hacking-incident/

29:12 – BoA Goes Micro With Consumer Loan Up To $500
https://www.pymnts.com/loans/2020/bank-of-america-goes-micro-with-consumer-loan-up-to-500-dollars/

30:04 – Introducing New Modern Benefits that Expand Access to Affordable Health Coverage and Put an End to Predatory Banking Practices
https://gusto.com/company-news/introducing-gusto-benefits-for-all

32:20 – Expensify introduces free vendor bill-pay
https://www.accountingtoday.com/news/expensify-introduces-free-vendor-bill-pay

36:58 – Tipalti valued at $2B+ after raising $150M for its accounting automation platform
https://siliconangle.com/2020/10/06/tipalti-valued-2b-raising-150m-accounting-automation-platform/

38:20 – Avalara acquires Transaction Tax Resources for $377M
https://www.accountingtoday.com/news/avalara-acquires-transaction-tax-resources-for-377m

42:26 – Accounting error costs Georgia, tax collections stay strong https://www.thetelegraph.com/news/article/Accounting-error-costs-Georgia-tax-collections-15626264.php 

44:02 – Spill some tea! If you know which software was involved in the Georgia tax fiasco, do tell. Hit us up on Twitter, or LinkedIn. Inquiring accountants want to know!  

46:02 – Botched Excel import may have caused loss of 15,841 UK COVID-19 cases
 https://arstechnica.com/tech-policy/2020/10/excel-glitch-may-have-caused-uk-to-underreport-covid-19-cases-by-15841/

48:41 – Introducing Client Hub Frictionless Workflow
https://blog.clienthub.app/frictionlessworkflow/

49:27 – This is Google's new plan to take on Microsoft Office - Latest News
https://timesofindia.indiatimes.com/gadgets-news/this-is-googles-new-plan-to-take-on-microsoft-office/articleshow/78533493.cms

52:08 – Japanese Startup Surges 300% on Demand for Cloud-Based Accounting
https://finance.yahoo.com/news/japan-startup-surges-300-demand-200000131.html

54:10 – Square stock gains after company purchases $50 million in bitcoin
https://www.marketwatch.com/story/square-stock-gains-after-company-purchases-50-million-in-bitcoin-11602164665

56:45 – EY Changes Its Vacation Policy, Oh and BTW They’re Not Paying Out Accrued PTO If You “Leave”
https://www.goingconcern.com/ey-flexible-vacation-policy-pto/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


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The Accounting PodcastBy Blake Oliver & David Leary

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