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!


Show Notes

2:30 - Cryptocurrency Buys Are Not Reportable To The IRS
19:42 - FreshBooks, Salt Edge Team On Open Banking Tech
Xero – Further Reading 
Xero to acquire Planday to simplify workforce management and compliance
Xero buys Planday: Accounting software firms biggest ever deal creates four growth options
What our new multi-factor authentication process means for Aussie customers
A message from Anna Curzon: 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.
34:42 - The Robots Are Coming for Phil in Accounting - The New York Times
​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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