About this episode
Sponsors LivePlan: https://cloudaccountingpodcast.promo/liveplan OnPay: https://cloudaccountingpodcast.promo/onpay BQE Core: http://cloudaccountingpodcast.promo/core 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 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 ClientHub: https://clienthub.app JetPack Workflow: http://jetpackworkflow.com/freetemplates Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript According 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 5.7...