Why Business Owners Hire Bookkeepers

Apparently April showers bring lots of accounting news! We've got the latest on the SBA's SVOG portal reopening, and legislation introduced to fix PPP loan inequity. We'll hit on more IRS news, including (quelle surprise) how the IRS is way behind on processing tax returns, why Biden's agenda relies on the IRS, one big 1099 change for gig workers, and why Florida finally started collecting sales tax from out-of-state sellers. In more random news, we're exploring Netflix's foray into training production accountants, the state of the workday, what the House passing a bill to create safe harbor for cannabis banking means, and your brain on Zoom. We'll also discuss the various reasons business owners want to hire bookkeepers (and how knowing that will help your marketing). If that weren't enough, we've got a plethora of app news for you to chew on, including integrations, investments, feature rollouts, and much, much more!

Show Notes

2:22 – SBA to reopen Shuttered Venue Operators Grant portal Saturday
Shuttered Venue Operators Grant portal begins accepting applications - Journal of Accountancy
5:23 – Lawmakers push PPP revamp as funding lapse looms
7:06 – IRS is holding over 29 million tax returns, delaying refunds for many poorer Americans
10:33 – Biden’s Big Agenda Relies on a Shrunken, Strained Agency: The IRS
13:20 – IRS sees delays in tax refunds and quarterly payments
15:18 – Federal Stimulus Bill Has Huge Tax Change For Gig Workers
17:35 – Controversy Erupts as Florida Follows Forty-Three States in Adopting Uncontroversial Tax Provision
19:22 – We’ve got reviews!  Thank you, De (via Podchaser), JGBC, and Jedda88 (via Apple Podcasts)! 
21:34 – Netflix funds accounting program through CNM, NM Film Office » Albuquerque Journal
25:27 – House OKs Bill to Make Weed Banking Legal
28:30 – Why we ditched our accounting software for a bookkeeper
34:38 – Lumanu Talks Influencers' AR Challenges
36:23 – This is your brain on Zoom – TechCrunch
38:21 – New Data Shows How American Workday is Getting Longer
43:13 – Our Workplace of the Future Strategy – Intuit®: Official Blog
46:45 – Bill.com Announces Integrations with Microsoft Dynamics 365
47:22 – Paymogy Invests In Invoice Stream For P2P Services
48:20 – Pleo Debuts ‘Bills’ To Digitize SMB Invoicing
51:17 – Xero and Bookkeeper360 collaborate to help US small businesses navigate financial complexities
54:30 – Square Announces New Inventory Management Features for Retailers
56:37 – Deel Raises $156M For Remote Payroll Solution
58:05 – Affirm To Buy Returnly For About $300 Million

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities


Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.

Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Join our newsletter!

Get notified about new episodes and other updates from Blake and David

Got it. You're on the list!
Podchaser - Cloud Accounting Podcast

Copyright © 2020 Blake Oliver