About this episode
Sponsors Thomson Reuters: https://cloudaccountingpodcast.promo/trcloud ClockShark: https://cloudaccountingpodcast.promo/clockshark OnPay: https://cloudaccountingpodcast.promo/onpay Show Notes 07:58 – 36% of Americans Won't Move to Rural Areas Due to Slow Internet Speeds https://smallbiztrends.com/2020/11/rural-internet-speeds-urban-sprawl.html 11:09 – 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-pandemic 17:01 – 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-breaks 17:23 – 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-questionnaire 17:50 – IRS Crushes Hopes Of Deducting PPP-Paid Expenses Before Forgiveness Approval; But Questions Remain https://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.html 20:01 – 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=1000499272495 23:22 – Evidence of PPP Fraud Mounts, Officials Say https://www.wsj.com/articles/ppp-was-a-fraudster-free-for-all-investigators-say-11604832072 24:55 – Mnuchin pulls plug on some pandemic lending programs that Fed considers essential https://de.reuters.com/article/us-usa-fed-mnuchin-idUSKBN27Z34P 25:54 – IRS plans a 50% ramp-up in small-biz audits next year https://www.accountingtoday.com/articles/irs-plans-a-50-ramp-up-in-audits-of-small-businesses-next-year 27:57 – AICPA disagrees with IRS commissioner Rettig on penalty relief https://www.accountingtoday.com/news/aicpa-disagrees-with-irs-commissioner-rettig-on-penalty-relief 30:10 – IRS investigating fewer tax preparers https://www.accountingtoday.com/news/irs-investigating-fewer-tax-preparers 31:35 – Top Challenges? Staffing, Staffing, Staffing https://cpatrendlines.com/2020/11/19/web-portals-are-here-to-stay/ 33:18 – PayPal Gives Employees Early Paycheck Access https://www.pymnts.com/news/payments-innovation/2020/paypal-gives-employees-early-access-to-paychecks-though-evens-app/ 34:48 – QuickBooks Connect 2020 Hosts Thousands Virtually https://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 QuickBooks https://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.html 51:19 – Why Xero investors should forget the US market https://www.afr.com/technology/why-xero-investors-should-forget-the-us-market-20201110-p56d8y 54:41 – A Review! Thank you, B Stoltzfus! 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 ...