Demand for PPP Cools Due to Worries About Loan Forgiveness

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Show Notes

• 06:03 - White House considers measures to boost economy without Congress - NBC News
• 06:30 - Intuit Accountants (@IntuitAccts) Survey - Twitter
• 07:59 - QuickBooks Town Hall with Senators Rubio and Cardin: Full transcript, video - Intuit QuickBooks
• 08:38 - Demand for Small-Business Loans Cools - Wall Street Journal
• 09:34 - Footwear Company Allbirds To Return PPP Loan - PYMNTS.com
• 10:26 - Two Men Charged In First US Case Of PPP Fraud - PYMNTS.com
• 11:02 - SBA issues PPP guidance on laid-off employees who refuse to be rehired - Journal of Accountancy 
• 11:05 - Accountant BDO looks at virus testing staff every 2 weeks - Financial Times
• 11:29 - New Guidance: SBA Clarifies That Foreign Employees Must Be Counted for PPP - National Law Review
• 11:46 - Deadline To Return PPP Loans Is May 14 - PYMNTS.com
• 11:59 - Last week's discussion about Monty Bennett, the hotelier who checked out some serious PPP cash
• 12:58 - SBA Inspector General Report - Small Business Administration
• 14:12 - AICPA Town Hall Update - CARES Act and Paycheck Protection Program (PPP) May 7 - AICPA TV
• 15:25 - SBA halts nearly all new applications for its disaster loan program and caps loan amounts - The Washington Post
• 19:42 - Fintechs hope PPP performance will lead to expanded role with SBA - American Banker
• 24:44 - The accounting profession and the coronavirus: The crisis in numbers - Accounting Today
• 35:14 - AICPA delays effective dates of ethics rules due to coronavirus - Accounting Today
• 35:51 - AICPA supports bill that would make PPP-funded expenses deductible - Journal of Accountancy 
• 36:58 - COVID-19 roundup: Shopify becomes Canada’s most valuable public company - The Logic 
• 38:07 - Rootworks Now a Part of Right Networks Due to Purchase - AccountingWEB
• 40:56 - Sage announces new updates to small business cloud accounting solution - Digi-Key Electronics
• 41:58 - Transforming Sage Intacct Advantage 2020 - Sage Intacct

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Transcript

Are you struggling to free up time for client advisory work? Is scope creep hurting your fixed-pricing model? Are your quality-control processes lacking? Is your staff stuck in a never-ending monthly close process? Ever wish you had a genie that could help you out? Stay tuned to hear more from our sponsor, SmartBooks Genie, later in the episode.