SponsorsOnPay - https://cloudaccountingpodcast.promo/onpayClockShark: https://cloudaccountingpodcast.promo/clocksharkA2X: https://cloudaccountingpodcast.promo/a2xShow Notes03:40 – TikTok Bid Highlights Oracle’s Public Embrace of Trump– New York Times 08:41 – The Oracle of National ID Cards – Wired09:15 – Mnuchin Mum On Oracle, TikTok Deal  – PYMNTS.com 13:07 – Senate, Supreme Court opt out of Trump payroll tax deferral– Accounting Today 14:15 – House Republicans push to reopen Paycheck Protection Program amid coronavirus relief gridlock15:53 – Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent – CNBC17:20 – This tweak to the PPP could save small businesses $7 billion18:55 – America’s Offices Sit Half-Empty Six Months Into the Covid-19 Pandemic – Wall Street Journal        US Offices Only At 50 Pct Capacity In August – PYMNTS.com20:31 – Survey Says: Fintech On The Rise During COVID – Crunchbase21:44 – CCH Axcess e-filing goes down on tax deadline – Accounting Today         E-filing problems plague some Sept. 15 tax returns – Journal of Accountancy24:56 – Penalty relief may be available to those who miss Sept. 15 deadline due to COVID-19 – Accounting Today 26:05 – IRS set to begin rolling out new case management system – Accounting Today  29:45 – Square launches payroll feature that could boost its banking business through the Cash App –CNBC35:12 – Square Sees Hike In Cashless Transactions – PYMNTS.com36:10 – What’s new in QuickBooks Online: September 2020 – QuickBooks40:44 – QuickBooks Desktop 2021 updates respond to new COVID realities – Accounting Today 43:00 – Xero revamps Early U.S. plans, debuts ‘Xero on Air’– Accounting Today 44:10 – A refreshed Xero plan to support small businesses during COVID-19 – Xero Blog   50:14 – TD Rolls Out Online Accounting In Bid For Small Biz Accounts – PYMNTS.com52:53 – Chime is now worth $14.5 billion, surging past Robinhood as the most valuable U.S. consumer fintech –– CNBC  54:47 – Klarna Valued At $10.65B After $650M Fundraise – PYMNTS.com 56:03 – Wolters Kluwer Acquires XCM – CPA Practice Advisor   57:30 – KKR to sell Epicor Software in $4.7 billion deal, 4 years after buying the company – MarketWatch57:58 – Acumatica update focuses on COVID-19 challenges– Accounting Today 59:02 – Cloud Startup Airtable Raises $185 Million At $2.5 Billion Valuation And Launches API For Outside Coders – Forbes  1:01:02 – Bookkeeper360 Launches App That Integrates with Xero to Provide Real-Time Business Insights –Yahoo! Finance  1:02:32 – Saasable - Recurring Revenue Simplified – Intuit QuickBooksGet 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) 695-1040Join us at the Accounting a...

SponsorsADP Marketplace: https://cloudaccountingpodcast.promo/adpClockShark: https://cloudaccountingpodcast.promo/clocksharkBQE CORE: http://cloudaccountingpodcast.promo/coreShow Notes05:46 – Melio Raises $144M to keep Small Businesses in Business by Simplifying their B2B Payments – Silicon Valley Daily           Melio Payments: Out of stealth with $144 million – Bessemer Venture Partners  06:53 – Is Working Remotely the Future of Finance? – CFO07:41 – Auditors Struggle to Access Data, Count Inventory During Remote Work – Wall Street Journal07:47 – 8 things to know about the audit evidence standard – AICPA09:17 – DOJ: 57 Charged With Alleged PPP Fraud – PYMNTS.com  10:10 – More on Liar Loans – Wikipedia 11:52 – Quickie lender Kabbage doled out billions in PPP loans. A number of borrowers raised red flags. – Miami Herald 15:42 – SBA Loan Program Contractor and Rocket Loans Face Scrutiny – Wall Street Journal 18:26 – The FTC Is Investigating Intuit Over TurboTax Practices – ProPublica20:39 – IRS Wants to Break Privacy on Monero and Bitcoin’s Lightning Network – News Break22:48 – SaaS Firm CEO Resigns; Layoffs, Probe Follow – PYMNTS.com           CEO of cyber fraud startup NS8 arrested for defrauding investors in $123m scheme –ZDNet25:44 – Major companies reject Trump’s payroll tax deferral – Accounting Today28:09 – Employers added 1.4M jobs in August, but subtracted 1.6K in accounting – Accounting Today 29:16 – Millions of U.S. jobs to be lost for years, IRS projections show – Accounting Today31:50 – Sage and Revolut partner to hand back three weeks of admin time to small business owners – Sage UK 33:20 – Deel Lands $30M For Workforce Payroll – PYMNTS.com35:50 – How Do You Know a Human Wrote This? – New York Times        OpenAI’s new language generator GPT-3 is shockingly good—and completely mindless – MIT Technology Review36:21 – GPT-3 bot that lets people with no accounting knowledge generate financial statements – Twitter 41:13 – The majority of workers use automation software at work—here's why – Zapier 48:12 – Time for REVIEWS!!! 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/OvercastClassifiedsClientHub: https://clienthub.appGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  TranscriptADP has your back with ADP Marketplace, a digital HR storefront. Be a more trusted advisor to your clients by recommending apps to help streamline HR processes and free up time to focus on people. Stay tuned to hear more from our sponsor, ADP Marketplace, later in the episode. David Leary: [00:00:20] It's basically, President Trump's gonna get his next paycheck because he works for the federal government. There won't be Social Security ta...

SponsorsADP Marketplace: https://cloudaccountingpodcast.promo/adpClockShark: https://cloudaccountingpodcast.promo/clocksharkBQE CORE: http://cloudaccountingpodcast.promo/coreShow Notes04:46 – Turns out, the people who work at Facebook are fighting just as much as the rest of us – Marketplace Tech11:01 – We've got ... VOICEMAIL! 15:26 – A new internet domain for the CPA profession: .cpa – Journal of Accountancy        AICPA opens up applications for .cpa domains – Accounting Today 20:00 – Arizona First State to OK Nonlawyer Ownership of Law Firms (2) – Bloomberg Law23:18 – Time & Budgets – Karbon        Karbon releases Time & Budgets – Accounting Today         App Aware: Karbon Updates Work Management Software – Intuitive Accountant25:23 – Latest product news – September 2020 – Xero Blog26:23 – Drury family sells $204m Xero shares, PushPay boss Bruce Gordon offloads on way out the door – New Zealand Herald        Second Xero block flies, this time via Jarden – Financial Review28:41 – Zoom Revenue Soars on Remote Work Boom – CFO.com30:52 – Zoom (ZM) Chief Accounting Officer to Resign – StreetInsider.com31:51 – Plaid Unveils New Instant Account Update Feature | PYMNTS 32:58 – How your firm is missing a $682,000 opportunity – Accounting Today 38:03 for Summary why the pyramid scheme 41:26 – Spreadsheet error led to Edinburgh hospital opening delay – BBC News43:13 – FedNow Aimed At Transforming The US Payment System Approved By The Board Of Governors Of The Federal Reserve – Forbes        FedNow: The Federal Reserve’s Planned Instant Payments Service – Harvard Law School Forum on Corporate Governance         Fed Announces "FedNow" Real-Time Payments Service – White & Case LLP 44:27 – Fed to have payments service ready 'as soon as practicably possible – American Banker44:56 –  Coronavirus prompts renewed calls for postal banking, faster payments – American Banker         Roundtable: Public Money - A. Klein, How to Fix the Covid Stimulus Payment Problem: Accounts, Information, and Infrastructure – Just Money  46:18 – Why Kamala Harris matters to fintech in the 2020 election – PaymentsSource50:14 – One more voicemail! 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/OvercastClassifiedsClientHub: https://clienthub.appGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

SponsorsAccountant Connect: https://cloudaccountingpodcast.promo/adpA2X: https://cloudaccountingpodcast.promo/a2xScott's Add-Ins: https://cloudaccountingpodcast.promo/scottsShow Notes03:29 – IRS says companies are responsible for deferred payroll taxes – Accounting Today        IRS guidelines put employers on the hook for Trump's payroll tax break – CNBC 05:33 – White House dissatisfaction slows IRS payroll tax guidance – Accounting Today08:18 – Postal Service’s $522M in Overtime Costs Questioned – CFO 10:13 – Crisis At The Post Office – NPR Planet Money         What A Piece Of Work Is The Post Office – NPR        The United States Postal Service – Civics 101: A Podcast 12:42 – Fed Approves Shift on Inflation Goal, Ushering In Longer Era of Low Rates – WSJ14:35 – Intuit Full Year Revenue Up 13 Percent – Intuit 16:18 – Intuit 13% annual growth driven by strong TurboTax performance – Accounting Today19:13 – Intuit rebounds from challenging tax season with strong Q4 results | ZDNet        Intuit Corp (INTU) Q4 2020 Earnings Call Transcript @themotleyfool #stocks $INTU – Motley Fool 20:09 – What’s new in QuickBooks Online: August 2020– Intuit QuickBooks25:59  – Xero appoints director to lead growth in US Hispanic market – Insightful Accountant27:01 – Episode 126 – #AccountexUSA: Getting to know the Latino market27:46 – Xero flags move into lending with A$80m Waddle acquisition – NZME        Xero acquires Waddle to help improve small business cash flow– Xero Blog28:34 – New & Improved in FreshBooks: Mileage Tracking, Auto Apply Credits, and More – FreshBooks29:18 – Google Chrome update brings better tab management, QR codes, plus performance improvements – TechCrunch32:30 – Invoice Fraud Strikes Amazon In $19M Scam – PYMNTS.com 35:07 – PwC pledges to review fraud detection after Wirecard scandal shakes industry – Financial Times36:01 – CPA firms' hiring of accounting grads down 30% – Accounting Today          What Percentage of Straight White Businessmen Don’t Give a Crap About Diversity and Inclusion? – Going Concern                            Remove roadblocks to CAS practice growth – Journal of Accountancy41:28 – Non-CPA “CPA” Firms? Really? – CPA Trendlines42:18 – Does the US tax code favor automation?– Brookings46:32 – Blake Oliver's Accounting Story – Yaeger CPA Review47:56 – The Future of Business - How Finance is Becoming a Catalyst For Change (PDF)– NetSuiteGet 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/podchaserSpoti...

SponsorsAccountingSuite: https://cloudaccountingpodcast.promo/asuiteLivePlan Bootcamp: https://cloudaccountingpodcast.promo/lpbootcampBQE CORE: http://cloudaccountingpodcast.promo/coreShow Notes04:33 – One of this week's voicemail messages – Shana06:40 - Increase your restaurant profits by tracking fiscal weeks in QuickBooks Online Advanced – Intuit QuickBooks08:16 - Xero and TriNet provide full-service HR solutions to U.S. small businesses – Xero Blog09:00 - NetSuite Adds More Remote-Friendly Accounting Features – CPA Practice Advisor10:20 – More about building your own bank feed – Episode 132  11:07 - Intuit’s QuickBooks Accounting Software May Now Access Financial Data Provided by Bank of Montreal Customers via New API– Crowdfund Insider11:45 - Amex acquires SoftBank-backed Kabbage after tough 2020 for the SMB lender– TechCrunch13:13 - Trump Expresses Support for Oracle to Buy TikTok – WSJ14:43 - Automate bank reconciliations with Excel Power Query – Financial Management17:27 - The Oracle of National ID Cards – Wired 18:10 - IRS To Begin Sending Out Interest Payments To Millions Of Taxpayers With 2019 Tax Refunds – Taxgirl19:00 - IRS will stop sending overdue notices until it catches up on mail backlog – Accounting Today 19:56 - The payroll tax holiday will kick off in two weeks. Your employer isn’t ready – CNBC20:13 - NPRC Statement on Employee Social Security Tax Deferral - NPRC21: 51 - Potbelly returned its first $10M PPP loan after public uproar — then it applied for another one– Fox Business22:14 -  AICPA is urging congress to make a technical correction to fix the tax treatment of loan forgiveness on PPP loans – Accounting Today 24:00 – Our second voicemail, from TCAP friend, Hector Garcia. 30:35 - Clients disappointed with tax refunds, expect more from accountants (The Canopy Survey) – Accounting Today 38:42 - Patrick Knight of Adobe: 57% of Parents Feel Closer to Coworkers Now Despite Working from Home – Small Business Trends 42:20 - Where Opportunity Meets Value: Business Model Trends Report (Bill.com survey) – Bill.com 56:25 – A review! 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/OvercastClassifiedsClientHub: https://clienthub.appGo here to create your classified ad:https://cloudacctpod.link/RunClassifiedAd  TranscriptDo you have some clients that need more than what your current cloud-accounting software can offer - more robust inventory tracking, more connections to online sales channels, more users, more permissions, more reports, more control, more customization, more flexibility? Stay tuned to hear more from our sponsor, AccountingSuite, later in the podcast. Blake Oliver: [00:00:22] ... And you don't have to go get new clients. If you're serving small clients, you can increase your revenue 31% just by adding advisory services. David Leary: [00:00:30] Especially if you already are doing this. If you already offer this service at your firm, and you're not selling this in a good way to an exi...

SponsorsAPD Marketplace: https://cloudaccountingpodcast.promo/adpClockShark: https://cloudaccountingpodcast.promo/clocksharkBQE CORE: http://cloudaccountingpodcast.promo/coreShow Notes10:01 - Mnuchin: Trump Is Serious About TikTok - PYMNTS12:14 - Before BigCommerce's 200% IPO pop, Intuit offered $1.5 billion for the software company - CNBC16:18 - Square Tests Small-Dollar, Short-Term Loans - PYMNTS.com17:25 – Afterpay lets US consumers pay by instalments with their NFC mobile phone - NFCW18:53 -  Gusto is launching a new product called Cash Reserve – Gusto20:10 - FreeAgent launches CoPilot in the UK – FreeAgent21:09 -  QuickBooks Live adding enhancements – Intuit QuickBooks Live21:43 - FreshBooks Launches Mileage Tracking App for iOS – Small Business Trends 22:12 - Routable Raises $12M For Digital B2B Services | PYMNTS23:20 - Xero releases CoA templates in Xero HQ– Xero25:21 - Revolut partners with Dublin accounting software firm Bullet - Siliconrepublic.com 25:34 - FinTech Revolut's Losses Triple | PYMNTS 26:21 - AmEx in advanced talks to buy SoftBank-backed Kabbage – Bank Innovation 28: 24 - Trump’s executive order only guarantees $300 per week in enhanced unemployment for some workers – CNBC28:44 – Trump Signs Payroll Tax Deferral Executive Order - National Law Review29:41 - Employers Cast Wary Eye on Trump Payroll-Tax Deferral - WSJ30:14 – AICPA Asks IRS and Treasury for Clarity on Trump's Payroll Tax Deferral – News Break32:47 - Derailment of small business rescue clouds U.S. recovery - Politico 34:19 - These business owners who took PPP money will have their loan forgiveness reduced - CNBC35:24 - Trump advisers urge delisting of U.S.-listed Chinese firms that fail to meet audit standards - Reuters36:55 - Wirecard, the fintech behind a $2 billion accounting scandal, leaves the DAX by August 21 after a new rule kicks in - Markets Insider 37:23 - The former COO at Wirecard has fled to Russia – WSJ38:05 - Wirecard’s Jan Marsalek added to Interpol’s most wanted list – Accounting Today   38:49 - Former Wirecard Exec Reported Dead - PYMNTS39:52 - Almost Half Of Wirecard’s Debt Stemmed From SoftBank’s $1B Investment - PYMNT41:27 -  Ex-MyPayrollHR CEO Pleads Guilty to Fraud, But Can He Pay It Back? – Spectrum News Former MyPayrollHR CEO Michael Mann pleads guilty in company's collapse – Times Union 42:22 - New York attorney general seeks to dissolve NRA in suit accusing gun rights group of wide-ranging fraud and self-dealing51:52 - This 'Almost-Rockstar'-Developed 10-key Is the Best Thing to Happen to Accounting Since Microsoft Excel - Going Concern 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 P...

SponsorsADP Marketplace: https://cloudaccountingpodcast.promo/adpClockShark: https://cloudaccountingpodcast.promo/clocksharkRelay Financial: https://cloudaccountingpodcast.promo/relayShow NotesComing soon!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/OvercastClassifiedsClientHub: https://clienthub.appGo here to create your classified ad:https://cloudacctpod.link/RunClassifiedAd  TranscriptADP has your back with ADP Marketplace, a digital HR storefront. Be a more trusted advisor to your clients by recommending apps to help streamline HR processes and free up time to focus on people. Stay tuned to hear more from our sponsor, ADP Marketplace, later in the episode. Blake Oliver: [00:00:19] Well, apparently, they didn't even talk. He didn't even talk with the client about what it would cost at the beginning. He presented his bill after the fact, and the client accepted it- David Leary: [00:00:28] Which tells me they got a lot of value out of it, and they didn't put up a fuss. He undercharged it. He left value on the table. Blake Oliver: [00:00:36] That's my feeling, too. Just because you can't think of a way to do a value-based bill for this doesn't mean that there isn't a way.____________________This episode of The Cloud Accounting Podcast is sponsored by ClockShark. ClockShark is the leading GPS, time-tracking, and scheduling system built for local construction and field-service companies that want a simpler way to track time, run payroll, and understand job costs. With the capabilities of crew tracking, scheduling, jobsite geofencing, teams, and project segmentation, automatic labor allocation, budgeting, and reporting, ClockShark has built a robust mobile time-tracking system to handle the unique challenges that face your clients.  With ClockShark, your clients can keep accurate records, like overtime, paid time off, unpaid time, hours per job, and tasks, as well as the crucial data needed for certified payroll. With the integrations ClockShark has, you'll be able to connect to one of many ADP payroll platforms through ADP Marketplace  and process payroll in minutes with the click of a button. ClockShark's pricing starts at just $6 a month per employee. Head over to cloudaccountingpodcast.promo/clockshark. ____________________This episode of The Cloud Accounting Podcast is sponsored by Relay Financial. Wouldn't it be great if you could open a new business bank account 100-percent online without having to go to a physical bank branch? Relay is a 100-percent online bank that is 100-percent focused on small business. With Relay, you can effortlessly collaborate with team members, manage payments, and issue corporate cards all from a bank.  Accountants and bookkeepers love Relay because they get a partner portal, can manage staff access without compromising security, and enjoy enriched direct bank feeds to QuickBooks Online, and Xero. To sign up in less than 10 minutes and enjoy stress-free banking with no monthly fees, or monthly minimum balances, head over to CloudAccountingPodcast.promo/relay.  ____________________Blake Oliver: [00:02:42] Welcome to The Cloud Accounting Podcast. I'm Blake Oliver.  David Leary: [00:02:46] And I'm David Leary. Blake Oliver: [00:02:47] So, David, after last week, I felt like we had so many stories, I said I would bring five stories today, and I think I have 25. I just can't do it. I can't cut it down enough. I'm going through my list, and I'm trying to highlight the ones that I do think are the top five. I've got the Intuit acquisition of TradeGecko. That's a big one.  David Leary: [00:03:07] That's correct. That's a big one.  Blake Oliver: [00:03:07] Rippling raised a ton of money. I've got an article in CPA Trendlines, an opinion piece - "When Time-Based Pricing Works." I don't know ... What do you got?  David Leary: [00:03:17] A lot of smaller ap news. Different people did raises. Related, on the other side of Intuit's acquisition of TradeGecko, Webgility announced a partnership with QuickBooks Desktop, which I find was like, okay, here's a competing product, but in the Desktop space. What direction is the train headed here? That was a little confusing.  Blake Oliver: [00:03:39] Well, I think we should then dig into app news. We are The Cloud Accounting Podcast, let's start with that, but first, we have a review, right? David Leary: [00:03:45] We have two reviews. Blake Oliver: [00:03:46] This is from Joe, via Apple Podcasts. Five Stars, Great content and timely on current events. "Great podcast with timely and relevant content for forward-thinking accountants. Much easier and better ana...

SponsorsADP Marketplace: https://cloudaccountingpodcast.promo/adpClockShark: https://cloudaccountingpodcast.promo/clocksharkSmansha: https://cloudaccountingpodcast.promo/smanshaShow Notes04:55 – Boomer Consulting Virtual Summit on August 9-12 – Boomer Consulting. 05:14 – VirBELA – Virtual work platform08:16 – Congressional Democrats, White House still at impasse over coronavirus bill – Reuters08:53 – New York Times on U.S. Coronavirus Aid -  Twitter  09:49 – IRS offers new procedure for changing accounting method amid coronavirus – Accounting Today 10:30 – SBA watchdog report reveals ‘pervasive’ fraud in coronavirus disaster loan program – The Washington Post 11:56 – Florida Man Took Coronavirus Aid and Bought a Lamborghini, Officials Say – New York Times 13:39 – Tech Executive Charged With PPP Fraud Deposited in Robinhood – The Washington Post14:48 – Letter to the editor: Accounting firms should repay PPP loans – The Virginia Gazette17:02 – When Their PPP Loans Didn’t Come Through, These Businesses Broke Up With Their Banks – Wall Street Journal 19:47 – QuickBooks Cash        Intuit intros QuickBooks Cash, a bank account for businesses – Accounting Today         Small Business Bank Account & Debit Card - QuickBooks Cash – Intuit QuickBooks  24:30 – Latest Produce News – August 2020 - Xero         Duplicate Statements Line Report – Xero 25:08 – Enova to Acquire OnDeck in $90 Million Deal - Finovate  25:43 – Why OnDeck is being sold on the cheap – American Banker26:18 – French Company to Buy Fintech YayPay – CFO27:03 – New & Improved in FreshBooks: Checkout Links, Tax Time Hub, and More - FreshBooks        New: Get 1-Step Online Payments With Checkout Links – FreshBooks27:36 – Gusto launches their 'People Advisory' designed to help accountants think differently about Payroll – Insightful Accountant        Become People Advisor Certified – Gusto         Gusto Adds New Accountant Advisory Service to its Offerings – AccountingWEB        Gusto introduces certification program for accountants – Accounting Today29:32 – Vertex goes public on Nasdaq – Accounting Today31:06 –  Shopify’s Revenue Nearly Doubles as Covid-19 Pushes Shopping Online – Wall Street Journal 32:28 – Taxfyle forms RMW Accounting, seeks to acquire CPA firms – South Florida Business Journal33:34 – AI accounting startup Candis raises $14M in fresh funding - SiliconANGLE37:17 – A disruptive vision: Varo is officially a bank – Bank Innovation37:44 – Monzo's losses double as popular UK digital bank warns of pandemic uncertainty- CNBC 39:05 – Big bank offers up $500 cash to customers – News.Com.Au39:34 – ZenBusiness Acquires Joust, the Leading Fintech for Small Business Entrepreneurs – Business Wire42:54 – Review! 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

SponsorsClockShark: https://cloudaccountingpodcast.promo/clocksharkBQE Core: http://cloudaccountingpodcast.promo/coreShow Notes05:55 - What Arizona's Tenuous Coronavirus Plateau Could Teach Us – NYTimes09:32 - McConnell’s stimulus waiting game turns into race against clock – Accounting Today10:10 - White House, GOP Agree On $1T CARES 4.0 - PYMNTS.com11:12 - What Democrats and Republicans want in the next coronavirus relief package – Reuters14:10 - State CPA society CEOs call for federal relief for state and local governments amid coronavirus – Accounting Today15:09 - New AICPA tool automates PPP loan forgiveness process - Journal of Accountancy        https://www.pppforgivenesstool.com/17:15 - Strip-club stimulus reveals lingering uncertainties over U.S. small-business aid – Reuters21:00 - Why Zoom meetings really do leave you exhausted - Journal of Accountancy23:12 - Companies Start to Think Remote Work Isn’t So Great After All – Wall Street Journal 24:41 - Staff do worse when asked to report frequently, accounting study shows – CFO Dive25:23 - 66% Working from Home Say They're More Likely to Work Nights and Weekends – Small Business Trends 27:41 - Employees Want to Return to a Physical Workplace – Small Business Trends30:25 - ScaleFactor Raised $100 Million In A Year Then Blamed Covid-19 For Its Demise. Employees Say It Had Much Bigger Problems. – Forbes48:20 - Siri Srinivas on Twitter on the Forbes ScaleFactor article - Twitter  52:12 – A listener's feedback on our brief discussion on modern monetary theory – Twitter 58:37 - The Rescues Ruining Capitalism – WSJ1:00:58 Jirav scores $8M in Series A funding – Accounting Today1:01:03 - Lawsuit Alleges Plaid Violated User Privacy - PYMNTS.com 1:01:20 - Kabbage Rolls Out Checking Accounts For SMBs - PYMNTS.com 1:01:24 - Brex Offers FDIC Insurance - PYMNTS.com 1:01:31 - FinTech Revolut Raises $80M In New Funding - PYMNTS.com1:01:41 - Painting the Art of the Possible, with Brad Smith - ShiftAddendum: Scale Factor Botkeeper story we broke in FEB 2019 https://medium.com/datadriveninvestor/its-not-a-bot-the-truth-about-botkeeper-the-google-funded-ai-powered-bookkeeper-replacement-9c3f42d230b6https://www.cloudaccountingpodcast.com/60https://www.cloudaccountingpodcast.com/61https://www.facebook.com/davidleary/videos/10157125979906477/ VisorTax's failure https://www.linkedin.com/pulse/think-your-2018-tax-season-tough-check-out-visors-attempt-david-leary/https://www.cloudaccountingpodcast.com/70  Our past Scalefactor coveragehttps://www.cloudaccountingpodcast.com/55https://www.cloudaccountingpodcast.com/104https://www.cloudaccountingpodcast.com/160Get 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/merch

SponsorsAccountant Connect: https://cloudaccountingpodcast.promo/adpClockShark: https://cloudaccountingpodcast.promo/clocksharkBQE Core: http://cloudaccountingpodcast.promo/coreShow Notes06:40 – Faulty data collection raises questions about Trump’s claims on PPP program – Washington Post 10:41 – New York City Didn’t Get Fair Share of PPP Loans, Comptroller Report Says – Wall Street Journal  11:59 – Public Favors Small-Business Funds Going to Non-Chain Restaurants, Medical Groups, Private Schools - Morning Consult 13:18 – Kanye West says he’s running for president – POLITtransactions13: 51 – Last week's discussion on PPP agent fees 14:08 – How banks are trying to hurt small business in a time of crisis - Newsweek 15:10 – Accountants predict 2020 will be worst year for economy since World War II – Accounting Today  16:00 – Wall Street’s Earnings Forecast: Cloudy With a Chance of Turbulence - Wall Street Journal16:50 – 5 reasons borrowers shouldn’t rush their PPP forgiveness applications - AICPA InsightsUnder stress, accountants seek new tech to get through the pandemic – Accounting Today 17:54 – Under stress, accountants seek new tech to get through the pandemic – Accounting Today 29:25 — U.K. Regulator Orders Big Four to Separate Audit Practices by 2024 – Wall Street Journal  32:27 – Debating the CPA License: Martin Zych + Blake Oliver + Brian Tankersley - CPA Review & More 33:40 – FASB Concepts Statement No. 8 – Conceptual Framework for Financial Reporting ... – FASB 34:49 – Zoom for Home is Here to Empower Remote Workers – ZoomZoom introduces all-in-one home communications appliance for $599 – TechCrunch  38:45 – Right Networks Releases Enhancements to Transaction Pro for QuickBooks Online – AccountingWEB 40:51 – Coconut Notches $3.15M For SMB Accounting - PYMNTS.com42:15 – Stimulus Package May Be Unveiled Next Week - PYMNTS.com44:28 – Fact check: Americans could get a $4,000 tax credit for domestic travel in stimulus – USA TodaySen. Schumer Calling for more Federal Funding for Small Businesses and Schools in the S. Tier – WENYGet 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/OvercastClassifiedsClientHub: https://clienthub.appSmansha: https://cloudaccountingpodcast.promo/smanshaGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  TranscriptADP has your back with Accountant Connect. Their award-winning multi-client payroll management and analytics platform is a  remarkably effective tool for adding value to every client engagement. Stay tuned to hear more from our sponsor, ADP Accountant Connect, later in the episode. Blake Oliver: [00:00:21] Most accountants are working harder and longer si...