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Show Notes
06:50 - Pioneer discloses new details of MyPayrollHR owner's alleged fraud – Albany Business Review
08:26 - Richard Burr Steps Back From Senate Panel as Phone Is Seized in Stock Sales Inquiry – New York Times
12:08 - Reality star charged with spending funds from federal small business program on jewelry, Rolls-Royce – Washington Post
17:26 - Marco Rubio discusses making changes to the PPP rules - Twitter
19:20 - SBA Releases Paycheck Protection Program Loan Forgiveness Application: A Deep Dive - Forbes
21:30 - SBA.gov now providing daily updates, according to Sec. Mnuchin - Twitter 
22:34 - A #PPP Horror Story brought to you by Kabbage - Twitter
24:05 - More PPP loans seem to be coming through for anxious business owners

28:26 - SBA provides safe harbor for PPP loans under $2 million – Journal of Accountancy
29:25 - PPP Changes Trip Up Small Businesses – The Wall Street Journal
31:28 - More discussion on the SBA Inspector General's report from Episode 174

33:18 - Lawsuit seeks data on PPP small business loans as large companies face deadline to return funds – ABC News
36:36 - AICPA Offers Loan Forgiveness Calculator for Paycheck Protection Program - AICPA *CAP Listener, Melissa Wasgatt provided us with a link to the Forgiveness Calculator – Thanks, Melissa!

38:37 - House Democrats unveil new $3 trillion coronavirus relief bill – CNBC 
41:35 - Goldman: US Unemployment Rate Could Hit 25 Pct - PYMNTS.com
42:08 - Covid Kills 67,600 Jobs in Tax and Accounting – CPA Trendlines
43:26 - April Retail Rent Collection Drops to 58%: Datex Survey – The Real Deal
44:08 - 'Going Concern' Warnings Are a Growing Concern – Yahoo! Finance
46:34 - Why Are the Public Markets Strong When Unemployment is Terrible? Answer: The Cloud | SaaStr  
48:09 - Digital adoption through COVID-19 and beyond - McKinsey
Get in TouchThanks 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) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe
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Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  TranscriptAccording  to the 2019 LivePlan small business survey: 71 percent of small business owners want forecasting and cash planning services; 61 percent want business planning, strategy, and monthly management reporting; 70 percent prefer virtual advisory services. Stay tuned to hear more from our sponsor, LivePlan, later in the episode. Blake Oliver: [00:00:23] The best part about this, David, is what he spent the money on. Apparently, he spent $1.5 million on a Rolex Presidential watch, a diamond bracelet, a 5.73-carat diamond ring for himself, a 2019 Rolls-Royce Wraith, $40,000 in child support. Then, agents, when they stormed his property to execute a search warrant, they found $80,000 in cash, including $9,400 that Fayne had in his pockets ... ____________________This of episode of The Cloud Accounting Podcast is sponsored by OnPa