About this episode
Sponsors Client Hub: https://cloudaccountingpodcast.promo/clienthub Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes 1:12 – Welcome Kristen Keats, founder of Breakaway Bookkeeping & Advising, and practice owner at Sherwood Tax & Accounting 12:17 – David’s Rant of the Week – Virtual conferences suck 16:45 – REVIEW! Thank you, Jolen.opyc! 18:06 – KPMG Canada launches cloud accounting solution for SMEs https://www.consulting.ca/news/2273/kpmg-canada-launches-cloud-accounting-solution-for-smes 24:06 – Burnout Is Real, On the Rise, and Retractable https://www-psychologytoday-com.cdn.ampproject.org/c/s/www.psychologytoday.com/us/blog/mental-health-in-the-workplace/202008/burnout-is-real-the-rise-and-retractable?amp 28:50 – Restaurant Revitalization Fund to stop accepting applications Monday - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/may/sba-loan-restaurant-revitalization-fund-to-stop-accepting-applications.html 29:11 – SBA will close Restaurant Revitalization Fund on Monday — just 3 weeks after opening https://www.restaurantdive.com/news/sba-will-close-restaurant-revitalization-fund-on-monday-just-3-weeks-afte/600476/ Restaurant Revitalization Fund faces huge funding shortfall https://www.journalofaccountancy.com/news/2021/may/sba-restaurant-revitalization-fund-faces-huge-funding-shortfall.html NYC Introduces Restaurant Aggregator Data Bill https://www.pymnts.com/news/delivery/2021/nyc-introduces-bill-to-require-restaurant-aggregators-to-share-customer-data/ 30:08 – Child Tax Credit Expansion Kicks In July 15 With Monthly Payments to Families https://www.wsj.com/articles/monthly-child-tax-credit-payments-set-to-start-july-15-11621249203 31:28 – Under Armour shareholders can sue over sales disclosures https://reut.rs/3uYY3XZ 32:37 – Taxpayers deserve pandemic penalty relief, AICPA says - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/may/taxpayers-deserve-pandemic-tax-penalty-relief-aicpa-says.html 36:22 – Will Biden’s IRS be coming after your clients? https://www.accountingtoday.com/articles/will-bidens-irs-be-coming-after-your-clients 41:37 – Elizabeth Warren’s take on the tax-preparer industry 44:39 – Innovations in audit: KPMG deploys smart glasses https://www.accountingtoday.com/news/innovations-in-audit-kpmg-deploys-smart-glasses 47:00 – Auditors leverage technology lessons from pandemic https://www.accountingtoday.com/news/auditors-leverage-technology-lessons-from-pandemic 49:14 – We Found Joe Biden’s Secret Venmo. Here’s Why That’s A Privacy Nightmare For Everyone. https://www.buzzfeednews.com/article/ryanmac/we-found-joe-bidens-secret-venmo 50:25 – Popularity of Venmo, Other Apps Prompt Questions for Lawyer Use https://news.bloomberglaw.com/us-law-week/popularity-of-venmo-other-apps-prompt-questions-for-lawyer-use 52:50 – April sees resurgence in ransomware attacks - IT-Online https://it-online.co.za/2021/05/14/april-sees-resurgence-in-ransomware-attacks/ 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 Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe 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 Classifieds Future Firm: https://futurefirmaccelerate.com/ Xero: A Comprehensive Guide for Accountants and Bookkeepers Accounting Podcast Network: