The Accounting Podcast cover image

The Accounting Podcast

IRS Is Getting $80 Billion To Audit The Rich

May 6, 2021
46:40

Sponsors

Sage Advice: https://cloudaccountingpodcast.promo/sageadvice
Client Hub: https://cloudaccountingpodcast.promo/clienthub
Relay Financial: https://cloudaccountingpodcast.promo/relay

Show Notes

4:24 – Biden to propose tax hikes, $80B for audits of rich

https://www.accountingtoday.com/articles/biden-to-propose-tax-hikes-80b-for-audits-of-rich

  

7:36 – U.S. companies went right back to heavy use of nonstandard accounting metrics during the pandemic

https://www.marketwatch.com/story/u-s-companies-went-right-back-to-heavy-use-of-non-standard-accounting-metrics-during-the-pandemic-11619550987

 

11:30 – Under Armour Paying $9 Million to Resolve SEC Accounting Probe

https://www.wsj.com/articles/under-armour-paying-9-million-to-resolve-sec-accounting-probe-11620079991

 

13:21 – QuickBooks Payroll sufferers outage on Friday morning … many employees never got their direct deposit

https://www.theverge.com/2021/4/30/22412349/quickbooks-issue-missed-direct-deposit-paychecks

 

16:25 – Financial impact of COVID-19 revealed in QuickBooks analysis of 1 million small businesses

https://quickbooks.intuit.com/r/coronavirus/small-business-recovery/

 

22:18 – Expensify Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

https://www.businesswire.com/news/home/20210503005265/en/Expensify-Announces-Confidential-Submission-of-Draft-Registration-Statement-for-Proposed-Initial-Public-Offering

 

23:11 – Stripe buys TaxJar

https://techcrunch.com/2021/04/27/stripe-acquires-taxjar-to-add-cloud-based-automated-sales-tax-tools-into-its-payments-platform/amp/?__twitter_impression=true 

 

More about TaxJar

https://stripe.com/partners/taxjar

 

TaxJar will be joining Stripe to help build the world’s tax compliance infrastructure

https://blog.taxjar.com/taxjar-will-be-joining-stripe-to-help-build-the-worlds-tax-compliance-infrastructure/

 

24:34 – Brex raises $425M at a $7.4B valuation, as the corporate spend war rages on

https://techcrunch.com/2021/04/26/brex-raises-425m-at-a-7-4b-valuation-as-the-corporate-spend-war-rages-on/

 

Brex massive raise …

https://www.businessinsider.com/brex-raises-mega-round-doubles-down-on-finance-management-2021-4

 

24:49 – Brex Unveils All-In-One Financial Solution For Businesses

https://www.businesswire.com/news/home/20210426005625/en/Brex-Unveils-All-In-One-Financial-Solution-For-Businesses#.YIcUHNRGTfg.whatsapp

 

25:18 – Brex Premium, our Series D, and the future of Brex as all-in-one finance

https://medium.com/building-brex/brex-premium-our-series-d-and-the-future-of-brex-as-all-in-one-finance-1ad40690edde

 

29:35 – OnDeck Markets First ABS Since Purchase by Subprime Lender Enova

https://www.washingtonpost.com/business/on-small-business/ondeck-markets-first-abs-since-purchase-by-subprime-lender-enova/2021/04/26/80919a32-a6a6-11eb-a8a7-5f45ddcdf364_story.html

  

31:14 – Latest product news – May 2021

https://www.xero.com/blog/2021/05/latest-product-news-may-2021/

 
34:06 – ACH payments on Invoices via Square

https://www.pymnts.com/news/payment-methods/2021/businesses-can-accept-ach-payments-via-square-invoices/

 

36:20 – The robots are coming UiPath is Europe’s most successful tech export since Spotify

https://www.economist.com/business/2021/04/22/uipath-is-europes-most-successful-tech-export-since-spotify

 

37:20 – How UiPath Turned Into A $37 Billion Powerhouse

https://www.forbes.com/sites/tomtaulli/2021/05/01/how-uipath-turned-into-a-37-billion-powerhouse/?sh=6e1e53d62e40

 

37:40 – Heirlume raises 1.38 million

https://techcrunch.com/2021/04/30/heirlume-raises-1-38m-to-remove-the-barriers-of-trademark-registration-for-small-businesses/

 

40:39 – New & Improved in FreshBooks: Income Importer, Dashboard Widgets, and More

https://www.freshbooks.com/blog/product-updates-april-2021

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,

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode