AICPA Calls For SBA To Change Unfair PPP Guidance
Pull up an ear and check out the latest accounting news for this week! We're talking about whether the IRS can make crypto any more confusing with its new 1040 crypto FAQ, and we'll do a rundown of what's important for accountants to know in the latest stimulus bill. Meanwhile, AICPA is calling for the SBA to change unfair PPP guidance, and calling for a tax filing deadline extension. In app news, we've got updates from FreshBooks, QuickBooks, Xero, and Square. Then, we'll dive into robotic process automation (RPA), thanks to a New York Times article, and we'll learn why Excel is the most important tool for at least one marijuana grower, and because munchies, we're going to travel to a Canadian burger joint that makes your meal choices expensable! All this, and more on today's episode!
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Show Notes
2:30 - Cryptocurrency Buys Are Not Reportable To The IRS
19:42 - FreshBooks, Salt Edge Team On Open Banking Tech
https://www.pymnts.com/news/b2b-payments/2021/freshbooks-teams-with-salt-edge-smb-open-banking-tech/
20:22 - QuickBooks launches all-new Business Account https://www.techradar.com/uk/news/quickbooks-launches-a-new-business-account-powered-by-fintech-modulr
20:36 - QuickBooks gets all Modulr with new business accounts https://www.enterprisetimes.co.uk/2021/03/03/quickbooks-gets-all-modulr-with-new-business-accounts/
Xero – Further Reading
Xero to acquire Planday to simplify workforce management and compliance https://www.xero.com/blog/2021/03/xero-to-acquire-planday/
Xero steps into workforce management space with $285m dealhttps://www.smh.com.au/business/small-business/xero-steps-into-workforce-management-space-with-285m-deal-20210304-p577s8.html
Xero buys Planday: Accounting software firms biggest ever deal creates four growth optionshttps://www.afr.com/chanticleer/xero-s-biggest-ever-deal-creates-four-growth-options-20210304-p577q6
What our new multi-factor authentication process means for Aussie customers https://www.xero.com/blog/2021/03/mfa-what-it-means-for-au-customers/
A message from Anna Curzon: What the Planday acquisition means for you https://www.xero.com/blog/2021/03/what-the-planday-acquisition-means-for-you/
28:06 - Countingup closes £9.1M for its business current account with built-in accounting features
29:33 - Square acquires majority of Tidal, Jay-Z’s streaming service, in $297 million deal.
https://www.nytimes.com/2021/03/04/business/media/tidal-square-jay-z-dorsey.html
34:42 - The Robots Are Coming for Phil in Accounting - The New York Timeshttps://www.nytimes.com/2021/03/06/business/the-robots-are-coming-for-phil-in-accounting.html
42:37 - Burger Restaurant Renames Menu So You Can Expense Items
43:54 - Indoor marijuana grower keeps strict schedule to maximize output, avoid bottlenecks
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