David Leary
President and Founder, Sombrero Apps Company
Appears in 487 Episodes
Technology Reduces Accountant Stress During Pandemic
Faulty data collection raises questions about Trump’s claims on PPP program; New York City didn't get its fair share of PPP loans, says comptroller; Accountants predic...
Who Didn't Get a PPP Loan?
Much of the Paycheck Protection Program loan data is now public — Let the PPP shaming begin! Big banks pledge to donate PPP profits; Trump's tax returns may eventually...
Tax Day is July 15... Still
In today's episode, we're talking about how the IRS refuses to postpone the July 15 deadline, and why the AICPA won't argue the point, despite a survey of members find...
ScaleFactor Fails to Scale, Blames COVID-19
We're covering lots of ground in this episode, with news about how ScaleFactor, the "accounting firm with software engineers" that raised $100 million from A-list vent...
PPP loans over $150,000 to be made public
In this episode, we dig into two massive, recent frauds: Luckin Coffee of China, and WireCard of Europe. We're continuing coverage of the Paycheck Protection Program, ...
Wave Makes Waves by Becoming a Bank
Today, we're talking about how Wave releases small business banking features bundled with their accounting software, but it turns out QuickBooks already quietly launch...
Is the U.S. Tax Code Racist?
In this episode, we're talking about how tax policy impacts social policy, how the U.S. PwC chief details "plan" to combat racism — is it just more talk? Also, after 5...
Earnings Before Interest, Taxes, Depreciation, Amortization, and Coronavirus
Uber tries the EBITDAC maneuver with its latest numbers, adding back expenses due to coronavirus; a case study of a firm that grew 15% during the last recession — what...
What Intuit, Xero, and Sage Earnings Say about Cloud Accounting
We kick things off with an analysis of Intuit, Xero, and Sage earnings announcements, plus a roundup of new cloud accounting app features, and a new blockchain app fro...
No "Mo" PPP Loan Forgiveness for Reality Star
A reality star has been charged with fraud for using his $2 million PPP loan to buy a Rolls Royce and bling! We're back with more news about the latest PPP guidance, p...
Demand for PPP Cools Due to Worries About Loan Forgiveness
Could the tax deadline get extended again? The White House is considering it! Also, demand for the Paycheck Protection Program among small businesses has suddenly cool...
Let the PPP Blame Games Begin
Before it could even get started, round two of the Paycheck Protection Program (PPP) ran into problems with the SBA website failing to handle the deluge of application...
Controller's Code: The Secret Formula to a Successful Career in Finance
Mike Whitmire of FloQast joins the show to preview his new book for accountants, "Controller's Code: The Secret Formula to a Successful Career in Finance". We discuss ...
PPP Round 2 May Be Over Before It Even Started
In this episode, we cover a survey that shows the impact of COVID-19 on the accounting profession, why the second installment of Paycheck Protection Program money may ...
The PPP is out of Money — Here's What We Got for $349 billion
On Thursday the U.S. Treasury announced that the SBA's Paycheck Protection Program had run out of money. Now Republicans and Democrats are squabbling about whether or ...
Is PPP Failing? We Get Answers from the AICPA
Erik Asgeirsson, CEO at CPA.com, and Mark Koziel, EVP of Firm Services at the AICPA, join the show for an episode all about the Small Business Administration's Paychec...
Heather Smith on the COVID-19 impact in Australia
Heather Smith, chartered accountant and host of the Cloud Stories podcast, "calls in" to the show and gives us an update on what's going on with coronavirus / COVID-19...
Coronavirus is Faster Than the Stimulus
There's nothing fast about the consumer, corporate, and small business protections that have been created to get us through the COVID-19 pandemic. We're covering a lot...
Navigating the SBA Paycheck Protection Program
Michael Ly and Sabrina Parsons joined David and Blake to explain the Small Business Administration's Economic Injury Disaster Loan (EIDL) and Paycheck Protection Progr...
Will $2T Stimulus Pay for Accountants’ Self Hair Cuts
We ask: When will things go back to normal? Blake has some ideas thanks to a spreadsheet and some polls of experts • The founder of Paychex worries that "keeping the e...
Tax Deadline Extended, IRS Yet to Confirm
We're joined by tax expert, tax attorney, author, and Forbes columnist Kelly Phillips Erb AKA @taxgirl. Kelly gives us the rundown of what's been going on in Congress ...
How Much Does a CPA Make?
Congratulations to Practice Ignition's Top 50 Women in Accounting 2019! Also, the union representing IRS workers is concerned about the agency's coronavirus response, ...
COVID-19 Impact on the Accounting Industry
BREAKING NEWS: David and Blake record a special episode to make sense of the rapidly changing coronavirus and COVID-19 news impacting the accounting industry.
Why Women Leave Accounting Firms
We cover a lot of ground in this episode, starting off with what companies are disclosing about coronavirus risks. Then, we touch on the Wells Fargo fake accounts scan...
Accounting for Coronavirus
We've got a lot of news to keep you occupied this week, including how Shark Tank host, Barbara Corcoran, lost $400K due to invoice scam; Intuit's Q2 Earnings call & pl...
Debit Intuit, Credit Karma
We kick things off with the breaking news that Intuit is expected to acquire Credit Karma for $7 billion. Meanwhile, the Nevada Democrats used spreadsheets to caucus w...
Trump wants to kill the PCAOB
With Valentine's Day 2020 on the books, we're sharing the love with a wealth of news, including how the Trump Administration wants to kill the PCAOB — and we agree; ho...
How Excel Helped Win (Steal?) the World Series
In this episode: How Intuit plans to recruit QuickBooks Live bookkeepers inside of QBO (could they be coming after your staff?); Chase's WePay could turn into a genera...
Tax Software Ranked & Summit Hosting Ransomwared
David traveled into the future to retrieve the earworm from the TurboTax Super Bowl commercial and subject us all to its terrors. Meanwhile, here in the now, we're tal...
We've Got No Goodwill for Goodwill & the Pentagon Sucks at Accounting
We've got as full agenda of stupid financial, accounting, and digital tricks on today's episode, including how Google manipulates search results to trick you into clic...
