The Accounting Podcast

Blake Oliver & David Leary
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Aug 26, 2021 • 1h 7min

Intuit's Aggressive Move To Combat Square Cash App

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:40 – We’ve hit the big time! We’re 2,034 out of all podcasts in the universe!  2:05 – An Exclusive Guide to America's Top Private Companieshttps://www.inc.com/inc5000 4:00 – TikToker Shares How She Spent Millions of Dollars for Alabama Sorority at 19https://www.insider.com/how-woman-handled-finances-for-alabama-sorority-as-teen-tiktok-2021-8 10:45 – Why this New York designer loves doing her own bookkeepinghttps://businessofhome.com/articles/why-this-new-york-designer-loves-doing-her-own-bookkeeping 14:36 – These People Who Work From Home Have a Secret: They Have Two Jobshttps://www.wsj.com/articles/these-people-who-work-from-home-have-a-secret-they-have-two-jobs-11628866529 16:50 – The Remote Trend Of Working Two Jobs At The Same Time Without Both Companies Knowinghttps://www.forbes.com/sites/jackkelly/2021/08/15/the-remote-trend-of-working-two-jobs-at-the-same-time-without-both-companies-knowing/ 25:44 – PwC delays return to offices amid Delta spreadhttps://www.accountingtoday.com/news/pwc-delays-return-to-offices-amid-delta-spread 27:00 – EY launches Career Path Accelerator Programhttps://www.accountingtoday.com/news/ey-launches-career-path-accelerator-program 33:15 – Better yet, why not get rid of the 150 hour requirement? Twitter thread: https://twitter.com/BlakeTOliver/status/1428364571954192393 CPA Exam Makeover Risks Raising Hurdles for Black Accountantshttps://news.bloombergtax.com/financial-accounting/cpa-exam-makeover-risks-raising-hurdles-for-black-accountants 34:09 – Art of Accounting: Buying a new suithttps://www.accountingtoday.com/opinion/art-of-accounting-buying-a-new-suit 37:40 – PPP Loan Fraud: Fintechs Found to Be Much More Likely to OK Suspicious Loans https://www.bloomberg.com/news/articles/2021-08-17/fintechs-found-to-be-much-more-likely-to-ok-suspicious-ppp-loans 15% of Paycheck Protection Program Loans Could Be Fraudulent, Study Showshttps://www.nytimes.com/2021/08/17/business/ppp-fraud-covid.html 42:48 – Afghanistan: What has the conflict cost the US and its allies? - BBC Newshttps://www.bbc.com/news/world-47391821 45:30 – Accountants must play key role in application of AI | Accountancy Dailyhttps://www.accountancydaily.co/accountants-must-play-key-role-application-ai 49:36 – QuickFee Integrates With Accounting Firm Xerohttps://www.pymnts.com/news/b2b-payments/2021/quickfee-integration-accounting-firm-xero/ 51:53 – Blue J Raises $9M in Series B Funding, Adds Key Personnel, Announces New Tax Diagramming Solution https://www.businesswire.com/news/home/20210810005199/en/Blue-J-Raises-9M-in-Series-B-Funding-Adds-Key-Personnel-Announces-New-Tax-Diagramming-Solution 55:16 – Credit Karma integrates Money software with QuickBooks Online Payroll https://www.accountingtoday.com/news/credit-karma-integrates-money-software-with-quickbooks-online-payroll 59:13 – We’ve got VOICEMAIL! Thank you, Ryan!  62:00 – New Reviews! Thank you, Joe Gamatoria, and Colaangel! 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.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast
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Aug 19, 2021 • 60min

Accounting Firm FreshBooks Becomes A Unicorn

SponsorsFyle: https://cloudaccountingpodcast.promo/fyleAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afo Rewind: https://cloudaccountingpodcast.promo/rewindShow Notes01:30 – Blake and David talk smart homes, Zoom, and router recommendations, Mnuchin and movies. 7:55 – Updates of PPP Forgiveness10:02 – Survey: COVID relief, changing laws were last tax season’s headacheshttps://www.accountingtoday.com/news/natp-survey-covid-relief-changing-laws-were-last-tax-seasons-headaches 12:20 – IRS Funding Surge Punted From Bipartisan Infrastructure Packagehttps://www.govexec.com/workforce/2021/07/irs-funding-surge-punted-bipartisan-infrastructure-package/183873/ 13:26 – Cryptocurrency brawl bogs down infrastructure bill, as Yellen and White House fight changeshttps://www.washingtonpost.com/politics/2021/08/06/crypto-bitcoin-infrastructure-senate/ 18:00 – Closing date set for new Shuttered Venue Operator Grant applicationshttps://www.journalofaccountancy.com/news/2021/aug/shuttered-venue-operator-grant-svog-application-closing-date.html 21:04 – Former Dixon comptroller Rita Crundwell released from prison earlyhttps://www.wifr.com/2021/08/05/former-dixon-comptroller-rita-crundwell-released-prison-early/?utm_source=pocket_mylist 22:25 – All the Queen’s Horses Documentary on YouTube – Freehttps://www.youtube.com/watch?v=dpr2A3S3CNk 24:05 – Hundreds of AI tools have been built to catch covid. None of them helped.https://www.technologyreview.com/2021/07/30/1030329/machine-learning-ai-failed-covid-hospital-diagnosis-pandemic/ 31:06 – Reflecting on the evolution of bank reconciliation at Xerohttps://www.xero.com/blog/2021/08/bank-reconciliation-evolution-at-xero/ 33:36 – Taking business banking to the next level with Revoluthttps://www.xero.com/blog/2021/08/revolut-next-level-business-banking/ More Reading on Xero: Xero Upgrades Bank Reconciliation Featurehttps://www.accountingweb.com/technology/accounting-software-news/xero-upgrades-bank-reconciliation-feature Xero revamps bank recs, injects AIhttps://www.accountingtoday.com/news/xero-revamps-bank-recs-injects-ai 36:43 – HR software company Gusto raises $175 millionhttps://www.axios.com/gusto-fundraising-175-million-f2bb33ba-fced-4343-8a7b-0aa6a5d6dbbe.html Gusto Raises $175M in Series E Fundinghttps://www.finsmes.com/2021/08/gusto-raises-175m-in-series-e-funding.html 38:20 – Accounting firm FreshBooks hits unicorn status, plans global growth after raising US$130-millionhttps://financialpost.com/news/fp-street/accounting-firm-freshbooks-hits-unicorn-status-plans-global-growth-after-raising-us130-million 43:56 – 'Connected accounting' startup closes $13M funding roundhttps://www.accountingtoday.com/news/connected-accounting-startup-lockstep-closes-13m-series-a-funding-round Lockstep Websitehttps://lockstep.io/ 46:36 – New IRS tax collection notices offer QR code contact optionhttps://www.dontmesswithtaxes.com/2021/08/redesigned-irs-tax-collection-notices-now-offer-qr-code-contact-option.html 47:36 – ZenBusiness Democratizes Small Business Finance With New All-Inclusive Payments App ZenBusiness Moneyhttps://www.businesswire.com/news/home/20210810005143/en/ZenBusiness-Democratizes-Small-Business-Finance-With-New-All-Inclusive-Payments-App-ZenBusiness-Money 50:29 – US Bank to Buy Bento Technologieshttps://www.pymnts.com/news/partnerships-acquisitions/2021/us-bank-to-buy-biz-expense-management-platform-bento-technologies/ 53:13 – Announcing Check + Quickbooks Online – Checkhttps://www.checkhq.com/post/announcing-check-quickbooks-online?utm_source=pocket_mylist 53:44 – The news from you! We’ve got reviews! Thank you, Cbordeaux, Amanda from NOLA, Rachael, and Eddie Valls! 55:35 – As if reviews weren’t enough, we got voicemail! Thank you, Scott Scarano! 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
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Aug 11, 2021 • 1h 3min

Square Buys Afterpay for $29B, Could Have Bought Xero for Less

SponsorsCPA Charge: https://cloudaccountingpodcast.promo/cpachargeAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes3:00 – Risk Assessment and COVID  10:30 – Square to Buy Installment Lender Afterpay for $29Bhttps://www.cfo.com/ma/2021/08/square-to-buy-installment-lender-afterpay-for-29b/ 19:21 – Rootworks Acquires CPA Practice Advisorhttps://finance.yahoo.com/news/rootworks-acquires-cpa-practice-advisor-131500586.html 19:36 – Right Networks Acquires Rootworkshttps://www.rightnetworks.com/blog/right-networks-acquires-rootworks/ 20:57 – Windows 365 costs how much!?https://www.computerworld.com/article/3628169/windows-365-costs-how-much.html More Microsoft News:  Microsoft's new collaboration tool wants to replace Google Workspace for goodhttps://www.techradar.com/news/microsofts-new-collaboration-tool-wants-to-replace-google-workspace-for-good 4 Must-Know Features of Project Moca (a.k.a. Outlook Spaces)https://www.avepoint.com/blog/manage/outlook-spaces-project-moca/ 28:17 – Greenback is becoming Dext Commercehttps://www.greenback.com/blog/greenback-and-dext/447 Dext debuts rebranded e-commerce solutionhttps://www.accountingtoday.com/news/dext-debuts-rebranded-e-commerce-solution-following-acquisition 31:43 – Earth Class Mail: Mailbox Scanhttps://play.google.com/store/apps/details?id=io.delivered.ecm&hl=en&gl=US 33:37 – Introducing the new Xero App Storehttps://www.xero.com/blog/2021/08/introducing-new-xero-app-store/ 37:14  – Latest product news – August 2021https://www.xero.com/blog/2021/08/latest-product-news-august-2021/ 38:20 – Zeni receives $34M in funding for AI bookkeepinghttps://www.accountingtoday.com/news/zeni-receives-34m-in-funding-for-ai-bookkeeping-and-accounting 48:30 –Meetings aren't killing productivity; data entry ishttps://zapier.com/blog/report-how-office-workers-spend-time 52:13 – 1 in 4 Former Employees Still Has Access to Files at Old Jobhttps://smallbiztrends.com/2021/08/employees-access-files-former-employer.html 57:20 – Final Report - Advisory Committee on Open Bankinghttps://www.canada.ca/en/department-finance/programs/consultations/2021/final-report-advisory-committee-open-banking.htmlGet 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.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFuture Firm: https://futurefirmaccelerate.com/Ambitious Bookkeeper: http://bkworkshops.online/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com
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Aug 7, 2021 • 57min

Alright, Alright, Alright

SponsorsFyle: https://cloudaccountingpodcast.promo/fyleRewind: https://cloudaccountingpodcast.promo/rewindAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoShow Notes2:00 – A rundown of our visit to AICPA Engage in Vegas, plus news on some other upcoming events. You can find out more about the latest, greatest accounting conferences here: https://accountingconferences.com 12:00 – SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portalhttps://www.sba.gov/article/2021/jul/28/sba-announces-opening-paycheck-protection-program-direct-forgiveness-portal 12:17 – Small Business Administration to Revamp PPP Forgiveness in Bid to End Historic Programhttps://www.politico.com/news/2021/07/27/paycheck-protection-program-ending-501046 13:49 – Nearly 500 taxpayers had over $150M in their IRAshttps://www.accountingtoday.com/news/nearly-500-taxpayers-had-over-150m-in-their-iras 16:53 – New IRA product allows for tax-free Bitcoin mininghttps://www.accountingtoday.com/articles/new-ira-product-allows-for-tax-free-bitcoin-mining 21:02 – Fed's Brainard: Can't wrap head around not having U.S. central bank digital currencyhttps://reut.rs/3ygDh7S 23:10 – Tether Executives Said to Face Criminal Probe into Bank Fraudhttps://www.bloomberg.com/news/articles/2021-07-26/tether-executives-said-to-face-criminal-probe-into-bank-fraud 24:40 – 74% of Consumers Prefer Texting with Businesses if a Real Person is Texting Backhttps://smallbiztrends.com/2021/07/customers-prefer-texting-business-real-people.html 27:16 – Small businesses face bookkeeping challenges, overdue invoices during pandemichttps://www.accountingtoday.com/news/small-businesses-face-bookkeeping-challenges-overdue-invoices-during-pandemic 32:17 – It doesn’t fucking matterhttps://medium.com/@thedannorris/it-doesnt-fucking-matter-391a399c7caa 40:11 – Homebase raises $71M for a team management platform aimed at SMBs and their hourly workers – TechCrunchhttps://techcrunch.com/2021/07/29/homebase-raises-71m-for-a-team-management-platform-aimed-at-smbs-and-their-hourly-workers/ 43:40 – Xero says accounting software users were locked out by login glitch, not nefarious deedshttps://www.theregister.com/2021/07/28/xero_login_glitch_resolved/ 45:42 – New & Improved in FreshBooks: Advanced Client Search, KeyPay Payroll, and Morehttps://www.freshbooks.com/blog/product-updates-july-2021 46:40 – Sage Q3 2021 Resultshttps://www.sage.com/investors/financial-information/results/ 47:41 – Introducing Zoom Apps: Use the Apps You Love, Right in Zoomhttps://blog.zoom.us/start-using-zoom-apps/ 48:47 – PandaDoc for Zoomhttps://marketplace.zoom.us/apps/hHK3qVpjTCycz2xXS249gA 50:22 – Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuationhttps://techcrunch.com/2021/07/29/summit-invests-215m-into-odoo-an-open-source-business-management-software-developer-at-a-2-3b-valuation/ 51:12 – We’ve Got Reviews! Thanks, Smackramen, and Brianqzo! 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.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFuture Firm: https://futurefirmaccelerate.com/Ambitious Bookkeeper: http://bkworkshops.online/Accounting Podcast Network:
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Aug 2, 2021 • 58min

Why You Should (Not) Work 12-Hour Days

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindOdoo: https://cloudaccountingpodcast.promo/odooDark Horse: https://cloudaccountingpodcast.promo/darkhorseShow Notes11: 51 – AICPA is now targeting high school counselors to build up the accounting profession 13:22 – ‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Offhttps://www.wsj.com/articles/financially-hobbled-for-life-the-elite-masters-degrees-that-dont-pay-off-11625752773 17:47 – Graduates should expect to work 12-hour days and 6 days a week to really master their jobs, says JPMorgan exechttps://www.businessinsider.com/jpmorgan-exec-graduates-should-work-12-hour-days-6-day-weeks-2021-7 23:17 – AICPA Town Hall Series – July 22, 2021http://townhall.aicpa.libsynpro.com/aicpa-town-hall-series-july-22-2021 25:38 – The Sad State of Accounting Standardshttps://www.accountingtoday.com/opinion/the-sad-state-of-accounting-standards 34:15 – Video Gaming the Systemhttps://www.npr.org/2021/07/21/1018915121/video-gaming-the-system 37:30 – The SBA's PPP Loan Forgiveness Portal Is Cominghttps://www.inc.com/brit-morse/ppp-loan-forgiveness-portal-small-business-administration-paycheck-protection-program.html 38: 51 – Bill.com to acquire Invoice2go in $625M dealhttps://www.accountingtoday.com/news/bill-com-to-acquire-invoice2go-in-625m-deal 43:44 – Square launches checking and savings accounts for small businesseshttps://www.theverge.com/2021/7/20/22585365/square-banking-checking-savings-business-accounts 44:16 – FloQast scores $110M in latest funding roundhttps://www.accountingtoday.com/news/floqast-scores-110m-in-latest-funding-round 45:15 – Finance Chiefs Are Still Trying to Replace Excel With New Toolshttps://www.wsj.com/articles/finance-chiefs-are-still-trying-to-replace-excel-with-new-tools-11626859801 48:52 – Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M dealhttps://techcrunch.com/2021/07/22/visa-acquires-currencycloud-which-makes-apis-for-remittances-and-currency-transfers-in-a-963m-deal/ 49:50 – Anduin earmarks $14M seed round for intelligent practice managementhttps://www.accountingtoday.com/news/anduin-earmarks-14m-seed-round-for-intelligent-practice-management 50:38 – What’s new in QuickBooks Online: July 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-july-2021/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.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com
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Jul 25, 2021 • 40min

The End of the Beginning for Cloud with Ben Richmond of Xero

Follow Ben Richmondhttps://www.linkedin.com/in/ben-richmond-ca-b8794220/https://twitter.com/benrichmond1Get 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.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com
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Jul 25, 2021 • 53min

Intuit TurboTax Drops Out of IRS Free File

SponsorsPractice Ignition: https://cloudaccountingpodcast.promo/piAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoOdoo: https://cloudaccountingpodcast.promo/odooShow NotesLive from NOLA – The Cloud Accounting Podcast is on the road again!  5:25 – Banks Are Reversing Course on PPP Loans to Small Business Ownershttps://theintercept.com/2021/07/12/covid-banks-sba-ppp-loans/ 6:47 – We’ve got Voicemail! Thank you, Ray!  7:32 – This Way to CPA https://www.thiswaytocpa.com/ 9:15 – TurboTax-Maker Intuit Will Leave Free Tax Filing Partnership With IRShttps://www.propublica.org/article/turbotax-maker-intuit-will-leave-free-tax-filing-partnership-with-irs 13:20 – Accelerating Technology Innovation to Better Help Consumers Solve Their Most Pressing Financial Problems https://www.intuit.com/blog/news-social/accelerating-technology-innovation-to-better-help-consumers-solve-their-most-pressing-financial-problems/ 18:12 – Ivix receives $13M in funding to help fight tax evasionhttps://www.accountingtoday.com/news/ivix-receives-13m-in-seed-funding-to-help-authorities-combat-tax-evasion 20:32 – IRS offers online tools for managing Child Tax Credit paymentshttps://www.accountingtoday.com/news/irs-offers-online-tools-for-managing-child-tax-credit-payments 23:08 – Pulling B2B Bartering From Underground And Into A Cash-Management Strategyhttps://www.pymnts.com/news/b2b-payments/2021/barterpay-bartering-commerce-cash-flow/ 25:21 – Introducing Relay Prohttps://relayfi.com/blog/Introducing-Relay-Pro 27:09 – Gusto Cashout – Another Easy Employee Benefithttps://bizhippo.com/blog/gusto-cashout-employee-benefit/ Cashout employee overviewhttps://support.gusto.com/benefits/gusto-wallet/cashout/1532856101/Cashout-employee-overview.htm 31:54 – Real estate accounting tech company Proper raises $9M in fundinghttps://www.accountingtoday.com/news/real-estate-accounting-tech-company-proper-raises-9m-in-funding 34:45 – Check out the Proper website here: https://proper.ai/ 38:05 – Remote raises $150M on a $1B+ valuation to manage payroll and more for organizations’ global workforces – TechCrunchhttps://techcrunch.com/2021/07/13/remote-raises-150m-on-a-1b-valuation-to-manage-payroll-and-more-for-organizations-global-workforces/ 40:12 – Xero introduces AI-powered analytics toolhttps://www.accountingtoday.com/news/xero-introduces-ai-powered-analytics-tool 43:07 – A new way to get paid: Introducing the QuickBooks Card Reader for mobile and contactless paymentshttps://quickbooks.intuit.com/blog/whats-new/a-new-way-to-get-paid-introducing-the-quickbooks-card-reader-for-mobile-and-contactless-payments/ 45:08 – Apple Working on ‘Buy Now, Pay Later’ Planhttps://www.cfo.com/credit/2021/07/apple-working-on-buy-now-pay-later-plan/ 48:16 – Revolut confirms a fresh $800M in funding at a $33B valuation to supercharge its financial services superapphttps://techcrunch.com/2021/07/15/revolut-confirms-a-fresh-800m-in-funding-at-a-33b-valuation-to-supercharge-its-financial-services-superapp/amp/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.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFuture Firm: https://futurefirmaccelerate.co...
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Jul 17, 2021 • 57min

Tax Evasion & Spreadsheets: A Lesson From Trump's CFO

SponsorsSynder: https://cloudaccountingpodcast.promo/synderOdoo: https://cloudaccountingpodcast.promo/odooDark Horse: https://cloudaccountingpodcast.promo/darkhorseShow Notes 4:48 – Trump Organization Is Charged With Running 15-Year Employee Tax Schemehttps://www.pymnts.com/news/investment-tracker/2021/bolt-seeking-300m-in-next-fundraising-round/ 13:35 – June Job Report? Employers added 850K jobs in June, including 2.8K in accountinghttps://www.accountingtoday.com/news/employers-added-850k-jobs-in-june-including-2-8k-in-accounting 13:50– U.S. Job Openings Hit Record 9.2M in Mayhttps://www.newsbreak.com/news/2303009196462/u-s-job-openings-hit-record-9-2m-in-may 16:37 – SBA to Drop Its Review of PPP Loans of $2 Million and Abovehttps://www.inc.com/diana-ransom/small-business-administration-ppp-loan-necessity-questionnaire.html 19:45 – Biden Plan’s Higher Taxation of Businesses Would Boost Collections to Highest in 40-Plus Yearshttps://taxfoundation.org/biden-business-tax-collections/ 23:09 – Art of Accounting: Qualities that make someone a partnerhttps://www.accountingtoday.com/opinion/art-of-accounting-qualities-that-make-someone-a-partner 25:48 – When Money Is No Objecthttps://www.wsj.com/articles/when-money-is-no-object-11625839202 29:48 – SURVEY: CPA Firms Reject Staff Vaccine Mandateshttps://cpatrendlines.com/2021/07/07/survey-hybrid-of-remote-and-on-site-work-is-here-to-stay/ 31:30 – EisnerAmper adds tech firmhttps://www.accountingtoday.com/news/eisneramper-adds-tech-firm-zentek-data-systems 33:35 – Sage X3 software vulnerability found, addressedhttps://www.accountingtoday.com/news/sage-x3-software-vulnerability-found-addressed 35:29 – Paycom Launches Beti, an Industry-First Employee-Driven Payroll Solutionhttps://www.businesswire.com/news/home/20210706005447/en/Paycom-Launches-Beti-an-Industry-First-Employee-Driven-Payroll-Solution 38:59 – Welcoming Symmetry to Gustohttps://gusto.com/company-news/welcoming-symmetry-to-gusto 44:38 – New & Improved in FreshBooks: Recurring Revenue Widget, Reply-To Emails, and Morehttps://www.freshbooks.com/blog/product-updates-june-2021 45:36 – Liberty Tax acquired by NextPoint https://www.accountingtoday.com/news/liberty-tax-acquired-by-nextpoint 47:45 – PSA: Chime Banking App Is Closing Accounts and Withholding Peoples’ Moneyhttps://www.reviewgeek.com/91482/psa-chime-banking-app-is-closing-accounts-and-withholding-peoples-money/ A Banking App Has Been Suddenly Closing Accounts, Sometimes Not Returning Customers’ Money — ProPublicahttps://www.propublica.org/article/chime 51:52 – Fired by Bot at Amazon: ‘It’s You Against the Machine’https://www.bloomberg.com/news/features/2021-06-28/fired-by-bot-amazon-turns-to-machine-managers-and-workers-are-losing-out 53:40 – Quote: “All your automated processes should start with a human interaction and end with a human interaction” 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.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting...
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Jul 14, 2021 • 47min

Ted Callahan, Accountant Leader at Intuit, Talks QuickBooks Price Changes & More

Follow Ted Callahanhttps://www.linkedin.com/in/tedcallahan/https://twitter.com/_tedcallahanSunset TradeGeckohttps://www.tradegecko.com/sunsetGet 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.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com
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Jul 8, 2021 • 1h 5min

Every App Wants A Slice Of The Payroll Pie

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooDark Horse: https://cloudaccountingpodcast.promo/darkhorse AFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoShow Notes2:49 – Blake and David talk high-tech dining 10:00 – A listener voicemail about the CPA get/not get issue! Thanks, Byron!  16:54 – Proposed bill to regulate tax preparers has AICPA support - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/jun/proposed-bill-to-regulate-tax-preparers-has-aicpa-support.html 19:41 – Taxpayer Advocate prods IRS to improve service, reduce backloghttps://www.accountingtoday.com/news/taxpayer-advocate-prods-irs-to-improve-service-reduce-backlog 21:43 ­– Why call the IRS when you call us and tell us your CPA and IRS troubles? We guarantee you’ll have a better chance of us hearing you than if you called the IRS! (202) 695-1040 22:18 – Gusto is now offering pieces of its service to other companies via API – TechCrunchhttps://techcrunch.com/2021/06/30/2171608/ 22:55 – Gusto Embedded Payrollhttps://gusto.com/embedded-payroll/ 26:13 – Intuit to Share Payroll Data from 1.4M Small Businesses With Equifaxhttps://krebsonsecurity.com/2021/07/intuit-to-share-payroll-data-from-1-4m-small-businesses-with-equifax/ 31:20 – Latest product news – July 2021https://www.xero.com/blog/2021/07/latest-product-news-july-2021/ 33:05 – ServiceTitan acquires Aspire to move into landscaping, raises $200M at a $9.5B valuation – TechCrunchhttps://techcrunch.com/2021/06/30/servicetitan-acquires-aspire-to-move-into-landscaping-raises-200m-at-a-9-5b-valuation/ 35:58 – Slice Launches Pizzeria Payment Platformhttps://www.pymnts.com/restaurant-innovation/2021/fintech-goes-niche-with-slice-pizzeria-payment-platform/ 36:48 – Slice Is Giving 50 Winners $500 & Free Pizza for a Yearhttps://www.thrillist.com/news/nation/slice-app-giving-free-pizza-for-a-year 37:35 – LegalZoom shares jump 35% in market debut; CEO sees further opportunity in online legal serviceshttps://www.cnbc.com/2021/06/30/legalzoom-debuted-up-30percent-ceo-sells-further-push-into-digital-market.html 38:22 – Canopy scores $11M in funding for tax practice management softwarehttps://www.accountingtoday.com/news/canopy-scores-11m-in-funding-for-tax-practice-management-software 42:07 – How Two Start-ups Made a Fortune in Fees on P.P.P. Loans - The New York Timeshttps://www.nytimes.com/2021/06/27/business/ppp-relief-loans-blueacorn-womply.html 45:07 – Robinhood to Pay $70M to Settle FINRA Probehttps://www.cfo.com/regulation/2021/06/robinhood-to-pay-70m-to-settle-finra-probe/ 46:48 – Squarespace Survey Reveals Gen Z Find Digital Life More Important And Memorable Than In-Person Lifehttps://newsroom.squarespace.com/blog/squarespace-survey-reveals-genz 48:34 – Accountants more likely to return to offices than others: Studyhttps://www.accountingtoday.com/list/accountants-more-likely-to-return-to-offices-than-other-businesses-study 49:30 – Do Chance Meetings at the Office Boost Innovation? There’s No Evidence of It.https://www.nytimes.com/2021/06/23/upshot/remote-work-innovation-office.html 51:03 – 56% of Employees Believe Too Many Meetings Affecting Job Performancehttps://smallbiztrends.com/2021/07/meetings-affecting-job-performance.html 55:14 – Melio Selects Colorado to Power its Explosive U.S. Growth | Colorado Office of Economic Development and International Tradehttps://oedit.colorado.gov/press-release/melio-selects-colorado-to-power-its-explosive-us-growth 55:32 – Many Companies Want Remote Workers—Except From Coloradohttps://www.wsj.com/articles/many-companies-want-remote-workersexcept-from-colorado-11623937649Get 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.comLimited edition shirts, stickers, and other necessitiesTeePublic Store:

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