Rubber Stamped Forgiveness for PPP Loans

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Show Notes

07:15 – Microsoft will let employees work from home half the time
 https://www.cnbc.com/2020/10/09/microsoft-implements-new-hybrid-remote-work-policy.html

10:47 – SBA and Treasury simplify forgiveness of PPP loans under $50K+
https://www.accountingtoday.com/news/sba-and-treasury-simplify-forgiveness-of-ppp-loans-under-50k 

11:47 – PPP forgiveness simplified for loans of $50,000 or less

https://www.journalofaccountancy.com/news/2020/oct/ppp-forgiveness-simplified-for-loans-50000-less.html

14:21 – IRS Investigating NRA’s Wayne LaPierre for Possible Tax Fraud
https://www.wsj.com/articles/irs-investigating-nras-wayne-lapierre-for-possible-tax-fraud-11601923467

15:46 – Software Pioneer John McAfee Indicted On Tax Charges
https://www.forbes.com/sites/kellyphillipserb/2020/10/05/software-millionaire-john-mcafee-indicted-on-tax-charges/#65df8ef72672

19:00 – IRS: Sorry, but It’s Just Easier and Cheaper to Audit the Poor
https://www.propublica.org/article/irs-sorry-but-its-just-easier-and-cheaper-to-audit-the-poor

21:20 – IRS Whittles Mail Backlog, Aims to Make Final Stimulus Payments
https://www.wsj.com/articles/irs-whittles-mail-backlog-aims-to-make-final-stimulus-payments-11602097587

23:20 – Robinhood Reports Potential Hacking Incident
https://www.pymnts.com/news/security-and-risk/2020/robinhood-reports-potential-hacking-incident/

29:12 – BoA Goes Micro With Consumer Loan Up To $500
https://www.pymnts.com/loans/2020/bank-of-america-goes-micro-with-consumer-loan-up-to-500-dollars/

30:04 – Introducing New Modern Benefits that Expand Access to Affordable Health Coverage and Put an End to Predatory Banking Practices
https://gusto.com/company-news/introducing-gusto-benefits-for-all

32:20 – Expensify introduces free vendor bill-pay
https://www.accountingtoday.com/news/expensify-introduces-free-vendor-bill-pay

36:58 – Tipalti valued at $2B+ after raising $150M for its accounting automation platform
https://siliconangle.com/2020/10/06/tipalti-valued-2b-raising-150m-accounting-automation-platform/

38:20 – Avalara acquires Transaction Tax Resources for $377M
https://www.accountingtoday.com/news/avalara-acquires-transaction-tax-resources-for-377m

42:26 – Accounting error costs Georgia, tax collections stay strong https://www.thetelegraph.com/news/article/Accounting-error-costs-Georgia-tax-collections-15626264.php 

44:02 – Spill some tea! If you know which software was involved in the Georgia tax fiasco, do tell. Hit us up on Twitter, or LinkedIn. Inquiring accountants want to know!  

46:02 – Botched Excel import may have caused loss of 15,841 UK COVID-19 cases
 https://arstechnica.com/tech-policy/2020/10/excel-glitch-may-have-caused-uk-to-underreport-covid-19-cases-by-15841/

48:41 – Introducing Client Hub Frictionless Workflow
https://blog.clienthub.app/frictionlessworkflow/

49:27 – This is Google's new plan to take on Microsoft Office - Latest News
https://timesofindia.indiatimes.com/gadgets-news/this-is-googles-new-plan-to-take-on-microsoft-office/articleshow/78533493.cms

52:08 – Japanese Startup Surges 300% on Demand for Cloud-Based Accounting
https://finance.yahoo.com/news/japan-startup-surges-300-demand-200000131.html

54:10 – Square stock gains after company purchases $50 million in bitcoin
https://www.marketwatch.com/story/square-stock-gains-after-company-purchases-50-million-in-bitcoin-11602164665

56:45 – EY Changes Its Vacation Policy, Oh and BTW They’re Not Paying Out Accrued PTO If You “Leave”
https://www.goingconcern.com/ey-flexible-vacation-policy-pto/

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