13 min listen
IRS To Increase Audits On Small Business By 50%
IRS To Increase Audits On Small Business By 50%
ratings:
Length:
58 minutes
Released:
Nov 24, 2020
Format:
Podcast episode
Description
Sponsors
Thomson Reuters: https://cloudaccountingpodcast.promo/trcloud
ClockShark: https://cloudaccountingpodcast.promo/clockshark
OnPay: https://cloudaccountingpodcast.promo/onpay
Show Notes07:58 – 36% of Americans Won't Move to Rural Areas Due to Slow Internet Speeds https://smallbiztrends.com/2020/11/rural-internet-speeds-urban-sprawl.html11:09 – Women less likely to feel fairly comped for WFH expenses https://www.accountingtoday.com/news/women-less-likely-to-feel-fairly-compensated-for-work-from-home-expenses-during-pandemic17:01 – Congress blasts IRS for limits on forgiven PPP loan tax breaks https://www.accountingtoday.com/articles/congress-blasts-irs-for-limits-on-forgiven-ppp-loan-tax-breaks17:23 – IRS clarifies deductibility of PPP loan expenses, as AICPA criticizes forgiveness questionnaire https://www.accountingtoday.com/news/irs-and-treasury-clarify-deductibility-of-ppp-loan-expenses-as-aicpa-criticizes-forgiveness-questionnaire17:50 – IRS Crushes Hopes Of Deducting PPP-Paid Expenses Before Forgiveness Approval; But Questions Remainhttps://www.forbes.com/sites/anthonynitti/2020/11/19/irs-crushes-hopes-of-deducting-ppp-paid-expenses-before-forgiveness-approval-but-questions-remain/19:13 – Letters signed by AICPA raise concerns about PPP Loan Necessity Questionnaires https://www.journalofaccountancy.com/news/2020/nov/aicpa-signed-letters-raise-concerns-ppp-loan-necessity-questionnaires.html20:01 – PODCAST: How Fraud and Waste Seeped into a COVID Stimulus Program (WSJ’s The Journal) https://podcasts.apple.com/us/podcast/the-journal/id1469394914?i=100049927249523:22 – Evidence of PPP Fraud Mounts, Officials Say https://www.wsj.com/articles/ppp-was-a-fraudster-free-for-all-investigators-say-1160483207224:55 – Mnuchin pulls plug on some pandemic lending programs that Fed considers essential https://de.reuters.com/article/us-usa-fed-mnuchin-idUSKBN27Z34P25:54 – IRS plans a 50% ramp-up in small-biz audits next yearhttps://www.accountingtoday.com/articles/irs-plans-a-50-ramp-up-in-audits-of-small-businesses-next-year27:57 – AICPA disagrees with IRS commissioner Rettig on penalty relief https://www.accountingtoday.com/news/aicpa-disagrees-with-irs-commissioner-rettig-on-penalty-relief30:10 – IRS investigating fewer tax preparers https://www.accountingtoday.com/news/irs-investigating-fewer-tax-preparers31:35 – Top Challenges? Staffing, Staffing, Staffinghttps://cpatrendlines.com/2020/11/19/web-portals-are-here-to-stay/33:18 – PayPal Gives Employees Early Paycheck Accesshttps://www.pymnts.com/news/payments-innovation/2020/paypal-gives-employees-early-access-to-paychecks-though-evens-app/34:48 – QuickBooks Connect 2020 Hosts Thousands Virtuallyhttps://www.intuitiveaccountant.com/general-ledger/quickbooks-connect-2020-hosts-thousands-virtually/39:28 – QuickBooks Live Bookkeeping update: November 2020 https://www.firmofthefuture.com/content/quickbooks-live-bookkeeping-update-november-2020/41:36 – Intuit has Launched HubSpot for QuickBookshttps://www.intuitiveaccountant.com/general-ledger/intuit-has-launched-hubspot-for-quickbooks/47:28 – Intuit (INTU) Q1 Earnings & Revenues Top Estimates, Increase Y/Y https://finance.yahoo.com/news/intuit-intu-q1-earnings-revenues-131201694.html51:19 – Why Xero investors should forget the US markethttps://www.afr.com/technology/why-xero-investors-should-forget-the-us-market-20201110-p56d8y54:41 – A Review! Thank you, B Stoltzfus! 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.comLimite
Thomson Reuters: https://cloudaccountingpodcast.promo/trcloud
ClockShark: https://cloudaccountingpodcast.promo/clockshark
OnPay: https://cloudaccountingpodcast.promo/onpay
Show Notes07:58 – 36% of Americans Won't Move to Rural Areas Due to Slow Internet Speeds https://smallbiztrends.com/2020/11/rural-internet-speeds-urban-sprawl.html11:09 – Women less likely to feel fairly comped for WFH expenses https://www.accountingtoday.com/news/women-less-likely-to-feel-fairly-compensated-for-work-from-home-expenses-during-pandemic17:01 – Congress blasts IRS for limits on forgiven PPP loan tax breaks https://www.accountingtoday.com/articles/congress-blasts-irs-for-limits-on-forgiven-ppp-loan-tax-breaks17:23 – IRS clarifies deductibility of PPP loan expenses, as AICPA criticizes forgiveness questionnaire https://www.accountingtoday.com/news/irs-and-treasury-clarify-deductibility-of-ppp-loan-expenses-as-aicpa-criticizes-forgiveness-questionnaire17:50 – IRS Crushes Hopes Of Deducting PPP-Paid Expenses Before Forgiveness Approval; But Questions Remainhttps://www.forbes.com/sites/anthonynitti/2020/11/19/irs-crushes-hopes-of-deducting-ppp-paid-expenses-before-forgiveness-approval-but-questions-remain/19:13 – Letters signed by AICPA raise concerns about PPP Loan Necessity Questionnaires https://www.journalofaccountancy.com/news/2020/nov/aicpa-signed-letters-raise-concerns-ppp-loan-necessity-questionnaires.html20:01 – PODCAST: How Fraud and Waste Seeped into a COVID Stimulus Program (WSJ’s The Journal) https://podcasts.apple.com/us/podcast/the-journal/id1469394914?i=100049927249523:22 – Evidence of PPP Fraud Mounts, Officials Say https://www.wsj.com/articles/ppp-was-a-fraudster-free-for-all-investigators-say-1160483207224:55 – Mnuchin pulls plug on some pandemic lending programs that Fed considers essential https://de.reuters.com/article/us-usa-fed-mnuchin-idUSKBN27Z34P25:54 – IRS plans a 50% ramp-up in small-biz audits next yearhttps://www.accountingtoday.com/articles/irs-plans-a-50-ramp-up-in-audits-of-small-businesses-next-year27:57 – AICPA disagrees with IRS commissioner Rettig on penalty relief https://www.accountingtoday.com/news/aicpa-disagrees-with-irs-commissioner-rettig-on-penalty-relief30:10 – IRS investigating fewer tax preparers https://www.accountingtoday.com/news/irs-investigating-fewer-tax-preparers31:35 – Top Challenges? Staffing, Staffing, Staffinghttps://cpatrendlines.com/2020/11/19/web-portals-are-here-to-stay/33:18 – PayPal Gives Employees Early Paycheck Accesshttps://www.pymnts.com/news/payments-innovation/2020/paypal-gives-employees-early-access-to-paychecks-though-evens-app/34:48 – QuickBooks Connect 2020 Hosts Thousands Virtuallyhttps://www.intuitiveaccountant.com/general-ledger/quickbooks-connect-2020-hosts-thousands-virtually/39:28 – QuickBooks Live Bookkeeping update: November 2020 https://www.firmofthefuture.com/content/quickbooks-live-bookkeeping-update-november-2020/41:36 – Intuit has Launched HubSpot for QuickBookshttps://www.intuitiveaccountant.com/general-ledger/intuit-has-launched-hubspot-for-quickbooks/47:28 – Intuit (INTU) Q1 Earnings & Revenues Top Estimates, Increase Y/Y https://finance.yahoo.com/news/intuit-intu-q1-earnings-revenues-131201694.html51:19 – Why Xero investors should forget the US markethttps://www.afr.com/technology/why-xero-investors-should-forget-the-us-market-20201110-p56d8y54:41 – A Review! Thank you, B Stoltzfus! 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.comLimite
Released:
Nov 24, 2020
Format:
Podcast episode
Titles in the series (100)
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