Thanks Stripe! Now Every App Can Be A Bank
Ho-ho-ho ... Can't figure out what to buy that special accountant in your life? We've got a list of great gifts for the remote workers in your life! In all the news that matters, we've got a ton of PPP news, including the release of PPP loan data. In the world of fraud, you'll learn how virtual escape rooms help train employees to catch fraud and avoid scams, and we'll talk about the QuickBooks phishing email you need to avoid. In App News, Stripe's got a new Treasury API, there's a sparkly new "full service" offering from TurboTax, just in time for Tax Season 2021, and we'll examine Facebook's CRM acquisition. All this, and more on today's episode! Enjoy!
Sponsors
- OnPay: https://cloudaccountingpodcast.promo/onpay
- ClockShark: https://cloudaccountingpodcast.promo/clockshark
- Relay FI: https://cloudaccountingpodcast.promo/relay
https://www.nytimes.com/wirecutter/gifts/gifts-for-remote-work-from-home/
08:50 - We made the list! Accounting Today 2020 Top 100 People extra: Legacy
https://www.accountingtoday.com/news/2020-top-100-people-extra-legacy
08:50 - We made the list! Accounting Today 2020 Top 100 People extra: Legacy
https://www.accountingtoday.com/news/2020-top-100-people-extra-legacy
09:37 - AICPA joins in calling for PPP expense forgiveness legislation
https://www.accountingtoday.com/news/aicpa-joins-business-groups-in-calling-for-ppp-expense-forgiveness-legislation
https://www.accountingtoday.com/news/aicpa-joins-business-groups-in-calling-for-ppp-expense-forgiveness-legislation
10:26 - SBA releases names of Grand Strand businesses that received less than $150K in PPP loans
https://www.wmbfnews.com/2020/12/04/sba-releases-names-grand-strand-businesses-that-received-less-than-k-ppp-loans/
https://www.wmbfnews.com/2020/12/04/sba-releases-names-grand-strand-businesses-that-received-less-than-k-ppp-loans/
11:10 - More than half of emergency small-business funds went to larger businesses, new data shows
https://www.washingtonpost.com/business/2020/12/01/ppp-sba-data/
https://www.washingtonpost.com/business/2020/12/01/ppp-sba-data/
12:54 - A third of Oregon’s Paycheck Protection Program money went to 1.6% of loan recipients
https://www.oregonlive.com/business/2020/12/a-third-of-oregons-paycheck-protection-program-money-went-to-16-of-loan-recipients.html
https://www.oregonlive.com/business/2020/12/a-third-of-oregons-paycheck-protection-program-money-went-to-16-of-loan-recipients.html
14:10 - Small Business Employment Trends as PPP Requirements Expire
https://gusto.com/company-news/employment-trends-PPP-requirements-expire
https://gusto.com/company-news/employment-trends-PPP-requirements-expire
19:20 - Tom Brady's company, TB12, received just under $1M in PPP loans
https://www.si.com/nfl/2020/12/04/tom-brady-company-tb12-ppp-loan
https://www.si.com/nfl/2020/12/04/tom-brady-company-tb12-ppp-loan
19:54 - 48% of Small Businesses Fear Closing for Good
https://smallbiztrends.com/2020/12/alignable-survey-48-percent-small-businesses-fear-closing-for-good.html
https://smallbiztrends.com/2020/12/alignable-survey-48-percent-small-businesses-fear-closing-for-good.html
21:17 - Employers added 245K jobs in November, but lost 2.4K in accounting
21:58 - November 2020 Accounting and Finance Jobs Report
24:01 - Cyber escape room keeps employees’ security awareness locked in
https://www.scmagazine.com/home/security-news/network-security/cyber-escape-room-locks-in-employees-security-awareness-but-can-sc-media-beat-the-clock/
26:15 - More MyPayrollHR fallout: Bank sues Albany accounting firm for $34M
https://www.timesunion.com/business/article/Pioneer-sues-Michael-Mann-s-accounting-firm-for-15767389.php
https://www.scmagazine.com/home/security-news/network-security/cyber-escape-room-locks-in-employees-security-awareness-but-can-sc-media-beat-the-clock/
26:15 - More MyPayrollHR fallout: Bank sues Albany accounting firm for $34M
https://www.timesunion.com/business/article/Pioneer-sues-Michael-Mann-s-accounting-firm-for-15767389.php
30:52 - At quick glance, 'expertly framed' Quickbooks phishing email looks legit
https://www.scmagazine.com/home/security-news/phishing/at-quick-glance-expertly-framed-quickbooks-phishing-email-looks-legit/
32:54 - Congress Sets Stage for Exiling Chinese Stocks From U.S. Over Audit Dispute
https://www.wsj.com/articles/congress-sets-stage-for-exiling-chinese-stocks-from-u-s-over-audit-dispute-11606946071
https://www.scmagazine.com/home/security-news/phishing/at-quick-glance-expertly-framed-quickbooks-phishing-email-looks-legit/
32:54 - Congress Sets Stage for Exiling Chinese Stocks From U.S. Over Audit Dispute
https://www.wsj.com/articles/congress-sets-stage-for-exiling-chinese-stocks-from-u-s-over-audit-dispute-11606946071
40:20 - Intuit launches assisted tax prep
https://www.accountingtoday.com/news/intuit-launches-assisted-tax-prep
43:33 - Facebook acquires Kustomer, a CRM start-up
https://www.cnbc.com/2020/11/30/facebook-acquires-kustomer-a-crm-start-up.html
https://www.accountingtoday.com/news/intuit-launches-assisted-tax-prep
43:33 - Facebook acquires Kustomer, a CRM start-up
https://www.cnbc.com/2020/11/30/facebook-acquires-kustomer-a-crm-start-up.html
46:57 - A Review! Thank you, Matt Metras!
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, 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) 695-1040
Need Accounting Conference Info?
Need Accounting Conference Info?
Limited edition shirts, stickers, and other necessities
TeePublic Store: http://cloudacctpod.link/merch
Subscribe
- Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
- Podchaser: http://cloudacctpod.link/podchaser
- Spotify: http://cloudacctpod.link/Spotify
- Google Play: http://cloudacctpod.link/GooglePlay
- Stitcher: http://cloudacctpod.link/Stitcher
- Overcast: http://cloudacctpod.link/Overcast
Classifieds
- BaCo Tech: https://www.bacotech.com/
- ClientHub: https://clienthub.app
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 and be sure to check out our special stimulus pricing of four episodes for just $100.
Full Transcript Available Upon Request - info@cloudaccountingpodcast.com
Full Transcript Available Upon Request - info@cloudaccountingpodcast.com
