The Accounting Podcast

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Terrible TikTok Tax Advice Feb 10, 2021

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Show Notes

1:30 - Terrible financial advice is going viral on TikTok

https://www.vox.com/the-goods/22229551/tiktok-personal-finance-day-trading-tesla-scam

1:44 - TikTok Compilation Life Hack A Piece Of Information You Learned That feels Illegal to Know MashUps

https://www.youtube.com/watch?v=An3zt1xE6bA

2:20 - Question: https://youtu.be/An3zt1xE6bA?t=16

3:40 - Start a church: https://youtu.be/An3zt1xE6bA?t=71

4:25 - S corp: https://youtu.be/An3zt1xE6bA?t=97

9:44 - Closing the Diversity Gap - Strategic Finance

https://sfmagazine.com/post-entry/february-2021-closing-the-diversity-gap/

11:28 - Diverse talent leaving accounting jobs due to 'lack of inclusion'

https://www.accountingtoday.com/news/diverse-talent-leaving-accounting-jobs-due-to-lack-of-inclusion

13:00 - Accounting profession marks centennial of first Black CPA with new diversity campaign

https://www.accountingtoday.com/news/accounting-profession-marks-centennial-of-first-black-cpa-with-new-diversity-campaign

13:20 - Here's Another Reminder That Accounting Firms Used to Be Pretty Racist Back In the Day

https://www.goingconcern.com/heres-another-reminder-that-accounting-firms-used-to-be-pretty-racist-back-in-the-day/

14:00 - BlackCPAcentennial

https://www.icpas.org/BlackCPAcentennial

15:47 - What Auditors Know about Amazon Product Ratings

https://cpatrendlines.com/2021/02/05/what-auditors-know-about-amazon-product-ratings/

The Paper: Audit Leadership Diversity and Audit Quality

http://hdl.handle.net/10125/70473

21:16 - TSheets is Becoming QuickBooks Time

https://www.intuitiveaccountant.com/general-ledger/tsheets-is-becoming-quickbooks-time/

Introducing QuickBooks Time: It’s TSheets … with a new name

https://quickbooks.intuit.com/blog/news/introducing-quickbooks-time-its-tsheets-with-a-new-name/

22:01 - QuickBooks Online Accountants Getting Upgrade https://www.accountingweb.com/technology/accounting-software-news/quickbooks-online-accountants-getting-upgrade

23:54 - Intuit - Changes to QuickBooks Online Payments Bank Transfer (ACH) Deposit Speed & Pricing

https://intuit.me/3tSGicC

26:06 - Small Business Bank Account & Debit Card - QuickBooks Cash https://quickbooks.intuit.com/payments/business-bank-account/

27:37 - CAP Listener, Todd Plager, weighs in on QuickBooks Cash

30:00 - Intuit Acquires OneSaas

https://www.intuit.com/blog/investors/intuit-acquires-onesaas/

32:21 - Okta: Best-of-Breed Apps Are Still Winning

https://www.saastr.com/okta-best-of-breed-apps-are-still-winning/

34:24 - Xero: Latest product news – February 2021

https://www.xero.com/blog/2021/02/latest-product-news-february-2021/

38:02 - Here's Why This Fintech Stock Is Skyrocketing on Friday

https://www.fool.com/investing/2021/02/05/heres-why-this-fintech-stock-is-skyrocketing-on-fr/

42:06 - Cloud AP/AR company Lockstep closes $10M in Series A funding

https://www.accountingtoday.com/news/cloud-accounting-company-lockstep-closes-10m-in-series-a-funding

42:41 - Whistleblowing soars to record with Americans working from home

https://www.accountingtoday.com/articles/whistleblowing-soars-to-record-with-americans-working-from-home

43:45 - Microsoft CEO Nadella Bets Businesses Are Ready to Spend Big on Employee Software

https://www.wsj.com/articles/microsoft-ceo-nadella-bets-businesses-are-ready-to-spend-big-on-employee-software-11612447214

Microsoft Viva

https://www.microsoft.com/en-us/microsoft-viva

45:46 - Deloitte in hot water in China after an employee makes a PPT exposing alleged accounting violations

https://www.globaltimes.cn/page/202102/1215067.shtml

Deloitte Whistleblower Alleges Auditing Violations in China

https://www.caixinglobal.com/2021-02-06/deloitte-whistleblower-alleges-auditing-violations-in-china-101661171.html

49:20 - CDC paid Deloitte $44 million for faulty vaccine appointment system https://www.businessinsider.com/cdc-deloitte-flawed-coronavirus-vaccine-appointment-system-2021-2

53:21 - We've got VOICEMAIL! Thank you, Sean Birdsell!

55:18 - Taxpayers need clarity on coordination of ERC and PPP loans

https://www.journalofaccountancy.com/news/2021/jan/ppp-loan-employee-retention-credit-erc-taxpayers-need-clarity.html

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Sage Outage Leads To Threats Of Violence Feb 02, 2021

Show notes

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Show Notes

01:08 - GameStop https://en.wikipedia.org/wiki/GameStop

01:31 - Can’t Stop GameStop

https://www.npr.org/2021/01/25/960454567/cant-stop-gamestop

03:38 - This is how Wall Street thinks the Reddit-fueled GameStop trade unravelshttps://www.cnbc.com/2021/01/28/this-is-how-wall-street-thinks-the-reddit-fueled-gamestop-trade-unravels-.html

05:27 - Robinhood Raises $1B Amid GameStop Firestorm

https://www.cfo.com/credit/2021/01/robinhood-draws-1b-from-credit-line-amid-gamestop-firestorm

07:01 - For GameStop day traders, the moment they've dreamed about

https://apnews.com/article/us-news-health-coronavirus-pandemic-financial-markets-financial-crisis-834f2dd17cbbc5222e2fc4be3f41ab42

09:47 - The CAP-GameStop Connection?

13:18 - Sage customers are losing their minds – and could face SARS trouble – after outageshttps://www.businessinsider.co.za/on-sars-deadline-day-sage-systems-go-down-again-and-clients-are-going-crazy-2021-1

14:17 - A South African CAP Listener weighs in on the Sage Debacle. Thank you!

17:55 - We've got eMAIL - on PPP guilt, and Quicken! Thank you, Anonymous Listener!

20:44 - Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st century

https://techcrunch.com/2021/01/25/melio-raises-110m-on-a-1-3b-valuation-to-bring-b2b-payments-for-smbs-into-the-21st-century/

21:01 - Melio hits $1.3bn valuation

https://www.finextra.com/newsarticle/37337/melio-hits-13bn-valuation

22:27 - Expensify adds Enhanced Invoicing And Bill Pay to its Preaccounting Platform https://www.intuitiveaccountant.com/vendor-news/expensify-adds-enhanced-invoicing-and-bill-pay-to-its-preacc/

Expensify Rounds Out Its Preaccounting Platform With Enhanced Invoicing And Bill Pay

https://www.businesswire.com/news/home/20210125005260/en/Expensify-Rounds-Out-Its-Preaccounting-Platform-With-Enhanced-Invoicing-And-Bill-Pay

27:05 - FLEETCOR Acquires Cloud Software Platform Provider of B2B Online Bill Paymenthttps://www.fleetcor.com/news/fleetcor-acquires-cloud-software-platform-provider-of-b2b-online-bill-payment/

Additional Reading on Roger:

Roger Has Been Acquired by FLEETCORhttps://www.accountingweb.com/technology/accounting-software-news/roger-has-been-acquired-by-fleetcor

Roger Blog | Roger acquired by FLEETCOR, a leading global business payments companyhttps://www.roger.ai/post/roger-acquired-by-fleetcor

27:51 - Pilot Raises $60M To Help SMBs Modernize Finances

https://www.pymnts.com/news/b2b-payments/2021/pilot-raises-60-million-dollars-help-smbs-modernize-finances/

28:16 - Pilot Closes $60M Series C from Sequoia: What Comes Next

https://pilot.com/blog/pilot-closes-60m-series-c-from-sequoia-what-comes-next

32:24 - Check Launches With $35M To Streamline Payroll

https://www.pymnts.com/news/b2b-payments/2021/check-launches-with-35-million-streamline-payroll/

33:27 - Plaid Unveils Deposit Switch

https://www.pymnts.com/news/banking/2021/plaid-unveils-deposit-switch-to-digitize-account-funding/

34:47 - DailyPay Launches CYCLE To Disburse Payments

https://www.pymnts.com/news/b2b-payments/2021/dailypay-launches-cycle-disburse-off-cycle-payments/

38:55 PPP loan application within QuickBooks Capital now available

https://quickbooks.intuit.com/blog/news/ppp-loan-application-within-quickbooks-capital-now-available/

39:43 - What’s new in QuickBooks Online: January 2021

https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-january-2021/

41:51 - TaxJar goes to bat for customers in Tennessee

https://blog.taxjar.com/taxjar-goes-to-bat-for-customers-in-tennessee/

43:56 - TaxAct and TaxDome pair to create end-to-end tax managementhttps://www.accountingtoday.com/news/taxact-and-taxdome-pair-to-create-end-to-end-tax-management

44:53 - Tax filing season to start Feb. 12, IRS announces

https://www.journalofaccountancy.com/news/2021/jan/tax-return-filing-season-starts-feb-12-2021.html

45:08 - IRS chief: Agency is 'current' on mail as start of filing season approaches

https://thehill.com/policy/fin...

Proof That Accountants Are More Productive Working From Home Jan 27, 2021

Show notes

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Show Notes

01:10 - Sage cloud accounting offline for entire week as SMMEs wait to file returns

https://citizen.co.za/business/business-news/2424489/sage-cloud-accounting-offline-for-entire-week-as-smmes-wait-to-file-return

02:02 - Sage South Africa on Twitter: "📢We’re really sorry that our customers are still experiencing problems with Sage Business Cloud Accounting. We understand this is causing serious disruption to our customers’ business and we are working round the clock, with our partners, to restore the service."

https://twitter.com/SageGroupZA/status/1352157566344814592

04:11 - WE'VE GOT VOICEMAIL! Thank you, Mary Going!

06:29 - WFH In 2021? Get Ready For Those Remote Salary Adjustments

https://www.goingconcern.com/wfh-in-2021-get-ready-for-those-remote-salary-adjustments/?utm_source=rss&utm_medium=rss&utm_campaign=wfh-in-2021-get-ready-for-those-remote-salary-adjustments

10:57 - Biden’s Wall Street watchdogs signal new era of tough oversight

https://www.accountingtoday.com/articles/bidens-wall-street-watchdogs-signal-new-era-of-tough-oversight

12:02 - Pay Equity Startup Raises $17.1 Million in Round Led by Bessemer

https://www.theinformation.com/articles/pay-equity-startup-raises-17-1-million-in-round-led-by-bessemer

14:47 - LendingClub Gets OK to Acquire Radius Bancorp

https://www.pymnts.com/news/partnerships-acquisitions/2021/lendingclub-gets-ok-to-acquire-radius-bancorp/

15:46 - Rewind Closes $15 Million Series A to Meet Mounting Market Demand for Cloud Data Protection

https://www.intuitiveaccountant.com/vendor-news/rewind-closes-15-million-series-a-to-meet-mounting-market-de/