27 min listen
Employers Take Hard Pass on Trump Tax Deferral
Employers Take Hard Pass on Trump Tax Deferral
ratings:
Length:
53 minutes
Released:
Sep 15, 2020
Format:
Podcast episode
Description
Sponsors
ADP Marketplace: https://cloudaccountingpodcast.promo/adp
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Show Notes
05:46 – Melio Raises $144M to keep Small Businesses in Business by Simplifying their B2B Payments – Silicon Valley Daily Melio Payments: Out of stealth with $144 million – Bessemer Venture Partners
06:53 – Is Working Remotely the Future of Finance? – CFO
07:41 – Auditors Struggle to Access Data, Count Inventory During Remote Work – Wall Street Journal
07:47 – 8 things to know about the audit evidence standard – AICPA
09:17 – DOJ: 57 Charged With Alleged PPP Fraud – PYMNTS.com
10:10 – More on Liar Loans – Wikipedia
11:52 – Quickie lender Kabbage doled out billions in PPP loans. A number of borrowers raised red flags. – Miami Herald
15:42 – SBA Loan Program Contractor and Rocket Loans Face Scrutiny – Wall Street Journal
18:26 – The FTC Is Investigating Intuit Over TurboTax Practices – ProPublica
20:39 – IRS Wants to Break Privacy on Monero and Bitcoin’s Lightning Network – News Break
22:48 – SaaS Firm CEO Resigns; Layoffs, Probe Follow – PYMNTS.com CEO of cyber fraud startup NS8 arrested for defrauding investors in $123m scheme –ZDNet
25:44 – Major companies reject Trump’s payroll tax deferral – Accounting Today
28:09 – Employers added 1.4M jobs in August, but subtracted 1.6K in accounting – Accounting Today
29:16 – Millions of U.S. jobs to be lost for years, IRS projections show – Accounting Today
31:50 – Sage and Revolut partner to hand back three weeks of admin time to small business owners – Sage UK
33:20 – Deel Lands $30M For Workforce Payroll – PYMNTS.com
35:50 – How Do You Know a Human Wrote This? – New York Times OpenAI’s new language generator GPT-3 is shockingly good—and completely mindless – MIT Technology Review
36:21 – GPT-3 bot that lets people with no accounting knowledge generate financial statements – Twitter
41:13 – The majority of workers use automation software at work—here's why – Zapier
48:12 – Time for REVIEWS!!!
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
Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
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Google Play: http://cloudacctpod.link/GooglePlay
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ClassifiedsClientHub: https://clienthub.app
Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd TranscriptADP has your back with ADP Marketplace, a digital HR storefront. Be a more trusted advisor to your clients by recommending apps to help streamline HR processes and free up time to focus on people. Stay tuned to hear more from our sponsor, ADP Marketplace, later in the episode. David Leary: [00:00:20] It's basically, President Trump's gonna get his next paycheck because he works for the federal government. There won't be Social Security taken out. Blake Oliver: [00:00:27] The 6.2% is not gonna be taken out, but then it's gonna get paid back next year, but I guess, if Trump isn't president next year, then he won't be paying back the Social Security. It'll be the White House that owes it, right? David Leary: [00:00:44] This is the perfect ... How come nobody's presenting it that way, Blake? T
ADP Marketplace: https://cloudaccountingpodcast.promo/adp
ClockShark: https://cloudaccountingpodcast.promo/clockshark
BQE CORE: http://cloudaccountingpodcast.promo/core
Show Notes
05:46 – Melio Raises $144M to keep Small Businesses in Business by Simplifying their B2B Payments – Silicon Valley Daily Melio Payments: Out of stealth with $144 million – Bessemer Venture Partners
06:53 – Is Working Remotely the Future of Finance? – CFO
07:41 – Auditors Struggle to Access Data, Count Inventory During Remote Work – Wall Street Journal
07:47 – 8 things to know about the audit evidence standard – AICPA
09:17 – DOJ: 57 Charged With Alleged PPP Fraud – PYMNTS.com
10:10 – More on Liar Loans – Wikipedia
11:52 – Quickie lender Kabbage doled out billions in PPP loans. A number of borrowers raised red flags. – Miami Herald
15:42 – SBA Loan Program Contractor and Rocket Loans Face Scrutiny – Wall Street Journal
18:26 – The FTC Is Investigating Intuit Over TurboTax Practices – ProPublica
20:39 – IRS Wants to Break Privacy on Monero and Bitcoin’s Lightning Network – News Break
22:48 – SaaS Firm CEO Resigns; Layoffs, Probe Follow – PYMNTS.com CEO of cyber fraud startup NS8 arrested for defrauding investors in $123m scheme –ZDNet
25:44 – Major companies reject Trump’s payroll tax deferral – Accounting Today
28:09 – Employers added 1.4M jobs in August, but subtracted 1.6K in accounting – Accounting Today
29:16 – Millions of U.S. jobs to be lost for years, IRS projections show – Accounting Today
31:50 – Sage and Revolut partner to hand back three weeks of admin time to small business owners – Sage UK
33:20 – Deel Lands $30M For Workforce Payroll – PYMNTS.com
35:50 – How Do You Know a Human Wrote This? – New York Times OpenAI’s new language generator GPT-3 is shockingly good—and completely mindless – MIT Technology Review
36:21 – GPT-3 bot that lets people with no accounting knowledge generate financial statements – Twitter
41:13 – The majority of workers use automation software at work—here's why – Zapier
48:12 – Time for REVIEWS!!!
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
Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
Podchaser: http://cloudacctpod.link/podchaser
Spotify: http://cloudacctpod.link/Spotify
Google Play: http://cloudacctpod.link/GooglePlay
Stitcher: http://cloudacctpod.link/Stitcher
Overcast: http://cloudacctpod.link/Overcast
ClassifiedsClientHub: https://clienthub.app
Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd TranscriptADP has your back with ADP Marketplace, a digital HR storefront. Be a more trusted advisor to your clients by recommending apps to help streamline HR processes and free up time to focus on people. Stay tuned to hear more from our sponsor, ADP Marketplace, later in the episode. David Leary: [00:00:20] It's basically, President Trump's gonna get his next paycheck because he works for the federal government. There won't be Social Security taken out. Blake Oliver: [00:00:27] The 6.2% is not gonna be taken out, but then it's gonna get paid back next year, but I guess, if Trump isn't president next year, then he won't be paying back the Social Security. It'll be the White House that owes it, right? David Leary: [00:00:44] This is the perfect ... How come nobody's presenting it that way, Blake? T
Released:
Sep 15, 2020
Format:
Podcast episode
Titles in the series (100)
What accountants should learn from the Deloitte Hack: Welcome to the first episode of Cloud Accounting Weekly, the Podcast Edition! Phil Gross joins the podcast to discuss top stories in accounting technology from the past few weeks. Topics in this episode: The hack of Deloitte's email server, the debate ove by The Accounting Podcast