David Leary
President and Founder, Sombrero Apps Company
Appears in 487 Episodes
Sage Outage Leads To Threats Of Violence
This episode is packed with news, and opinions, and more GameStop factoids than you can possibly use! We'll learn why Blake sympathizes with r/wallstreetbets, then mo...
Proof That Accountants Are More Productive Working From Home
Welcome to our 100-percent PPP-free episode! We've got lots of other news to cover though, including a new survey proves that remote work is more productive for accoun...
Visa and Plaid Split After Nearly One Year Together
We've got a lot to talk about today. First and foremost, Blake gets his PPP loan forgiveness (and feels guilty about it), and we'll talk more on the forgiveness proces...
Big 4 Accounting Firms Take Big Stand
We hope you're enjoying your extended free trial of 2021! We've got lots of news to share in today's episode, including how Big 4 leaders reacted to the Capitol riot, ...
Everything is Bigger in Texas — Including Tax Fraud
Whether you're starting a new year, or just continuing 2020 indefinitely, we've got new news, including Blake's quest to find out how to offer CPE credits for our loya...
Meka Leka Hi Meka Hiney Ho 2021 Is A Go
Grab your party favors, confetti, and tinfoil, it's time to look back, and move forward! Blake and David review their past predictions and make some new ones for 2021....
PPP Recipients Now Eligible for ERC: How to Maximize the Benefit
This is BIG NEWS for PPP borrowers: Business that received a PPP loan are now eligible for the Employee Retention Credit (assuming President Trump signs the Consolidat...
LegalZoom Launching Bookkeeping and Tax Services
CAP NEWS EXCLUSIVE: LegalZoom has purchased an accounting firm and is growing it with bookkeeping, tax, and onboarding hires in Austin, Texas. With recent executive hi...
PPP 2.0 and Everything You Need To Know with Justin Elanjian of Aprio
Blake interviews Justin Elanjian, CPA, nationally recognized PPP expert and a partner at top accounting firm Aprio, about the top 10 changes to the Paycheck Protection...
David and Blake Miss the Mark on PPP
Today, some of our loyal listeners take us to school about where we've missed the mark on things like audit, tax, and our favorite subject - the Paycheck Protection Pr...
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 th...
Credit Karma Exits Tax Prep, Square Enters
If you survived Black Friday and Cyber Monday, you can relax and enjoy the soothing sounds of Cloud Accounting news while you recover! There's a lot to cover, includin...
IRS To Increase Audits On Small Business By 50%
Happy Almost Thanksgiving! Before we stuff ourselves senseless on socially distanced turkey, we're talking remote work, and compensation for all those work-from-home e...
Millennials Need Helicopter Accountants
With the holidays fast approaching, we talk about new ways to celebrate, at a healthy distance, of course. Inspired by feedback from Leary's theory on why Trump lost, ...
How Trump's TCJA Caused Him to Lose
David Leary has a theory... that Donald Trump's tax cuts way back at the beginning of his presidency were ultimately what caused him to lose this election, and an Exce...
Accounting Jobs Are Coming Back
While we wait to learn who's going to be in charge of the country, this episode is full of all the news that's good to know, including what accountants can learn from ...
Expensify Stand Down and Stand By
David Barrett, CEO of Expensify, emailed all 10 million users on Friday morning telling them that, “If you are a U.S. citizen, anything less than a vote for Biden is a...
Ernst & Young Auditors Under Scrutiny After String of Massive Frauds
We're celebrating the passing of the final official tax deadline of 2020 with a huge slew of news! We'll dive into what E&Y has in common with a string of imploding fi...
Rubber Stamped Forgiveness for PPP Loans
We've got news! A lot of news! In this episode, we cover the latest on PPP forgiveness, the IRS's continuing lack of resources, and how they make it easier to audit th...
Happy Birthday Excel 🎂
Birthdays abound! Both David and Microsoft Excel celebrated special days this week! We'll take a brief look at Excel's long run and talk about their future. We spot so...
Who Are Accountants Voting For?
Accountants favor Trump in election by large margin; New Job Cuts at CPA Firms; Is It Insane to Start a Business During Coronavirus? Millions of Americans Don’t Think ...
Fintechs Dominate Covid Economy
So. Much. News. TikTok Bid Highlights Oracle’s Public Embrace of Trump; Senate, Supreme Court opt out of Trump payroll tax deferral; House Republicans push to reopen P...
Employers Take Hard Pass on Trump Tax Deferral
So. Much. News! Grab a beverage, and/or snacks! Major companies reject Trump’s payroll tax deferral; SaaS Firm CEO Resigns; Layoffs, Probe Follow; DOJ: 57 Charged Wi...
Big Firms are Pyramid Schemes 😉
There's a lot to talk about today, including news on how CPA domain applications are now open, and some discussion on the Federal Reserve's new FedNow service. We'll a...
Employers Responsible for Trump Payroll Tax Deferral
While we wait for AI to take over the world, there's a lot to talk about in the now, like the fact that the IRS guidelines put employers on the hook for Trump's payrol...
Value Pricing Accounting Advisory Services
We've got a lot to talk about in this episode including how clients disappointed with tax refunds, expect more from accountants, more app news with QuickBooks Online A...
Accountants Nervous About Trump Payroll Tax Deferral
Lots of news to cover in this episode, including how before BigCommerce’s 200% IPO pop, Intuit offered $1.5 billion for the software company, and why AmEx is in advanc...
When Time-Based Pricing Works (Or Does It?)
On today's episode, we're talking about how cloud spending has reached record highs amidst the economic fallout of COVID. We'll cover industry news, such as Intuit's a...
Intuit Launches QuickBooks Cash
In this episode, we've got more PPP news, including the debate over accounting firms paying back PPP loans, the elusive and nonexistent deal on federal unemployment be...
Why ScaleFactor Failed, According to Employees (It Wasn't COVID-19)
There's a lot to cover in this episode. We'll talk about McConnell’s stimulus waiting game becoming a race against clock, and just what Democrats and Republicans want ...