The Cloud Accounting Podcast is the #1 accounting and bookkeeping podcast in the world!
⭐️⭐️⭐️⭐️⭐️ Best accounting news podcast!
Blake and David do a great job each week giving a quick rundown of the latest headlines in accounting. If you’re trying to keep up with the latest trends and stories in accounting this podcast is a must!
— Jackson Pace, CPA
⭐️⭐️⭐️⭐️⭐️ Great podcast. Informative and entertaining.
This podcast is great. Super informative. Blake and David do a great job covering the latest news in the accounting industry. Highly recommend for accounting professionals looking to keep up with the evolving profession.
— Nick Pasquarosa, Bookkeeper360
⭐️⭐️⭐️⭐️⭐️ Great Content - On Point!
Blake and David do a great job keeping abreast of all the changes in the profession and even more importantly making sure to call out the parts of the profession need to change to stay ahead. With the ever changing technology landscape they help to make sure we are evaluating our process and our technology stack to ensure we use the best of breed. Thanks for being a voice.
— Brent Forbush, CPA
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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 expenses. We'll also discuss why women are less likely than men to feel fairly compensated for those expenses. Then we'll dig into PPP news, with talks about how the IRS plans to increase audits on small businesses by 50% — and how that's a joke based on the latest numbers. Meanwhile, since the IRS is investigating fewer tax preparers, is fraud declining? We'll also hit on the various and sundry confusion points regarding PPP loan forgiveness, the AICPA's contentions with the IRS on penalty relief, and the PPP loan necessity questionnaires by the SBA, all while Mnuchin pulls the plug on some pandemic lending programs. In other news, we'll examine some of the top challenges of accounting firms in 2020, and ponder why over a third of Americans won't move to rural areas due to slow internet speeds. In app-ish news, we'll talk all things QuickBooks Connect (Virtual) 2020, QuickBooks Live, Intuit earnings, and why Xero investors should forget about the United States market. Enjoy!
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 vote against democracy.” Blake and David dive into the reactions from and impact on the accounting and bookkeeping community, including results from this week's Twitter survey. In app and fintech news, Jirav partners with CPA.com, Chase goes after Square, PayPal adds crypto, FreshBooks adds inventory, and Jetpack Workflow gets a new perspective. In news of a stranger nature, Accounting Seed makes an accounting board game, George Washington's Revolutionary War expense report. Finally, we balance the depressing political news with a spirit-boosting voicemail from another satisfied Cloud Accounting Podcast listener!
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