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Tax Day is July 15. Still

Cloud Accounting Podcast

I've got follow up on Wirecard, the Ernst & Young audit that apparently did not detect $2 billion in money that was missing. David Leary: [00:04:18] I've got some Wirecard, as well. Blake Oliver: [00:04:19] IRS news, appropriate for Tax Day coming up. The logic there is a little bit interesting. We'll talk about that. How about you?

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Earnings Before Interest, Taxes, Depreciation, Amortization, and Coronavirus

Cloud Accounting Podcast

It has an easy-to-use dashboard, integrations with QuickBooks and Xero, and additional automated tools to serve the modern workforce. They just don't have the manpower to audit even a tiny fraction. The firm grew 15 percent from 2008 to 2009, and that has been the normal amount of growth ever since. Justworks is simple and fast.

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Will $2T Stimulus Pay for Accountants’ Self Hair Cuts

Cloud Accounting Podcast

The last time the IRS sent stimulus checks, in 2008 and 2009, it took more than two months to get the money in the mail. If you're getting audited, like, "Hey, we're gonna stop right now and not do anything." Accounting today had an article called; "Virus Payments from IRS May Take Months, Not Weeks to Hit Bank Accounts."

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Employers Take Hard Pass on Trump Tax Deferral

Cloud Accounting Podcast

CFO 07:41 – Auditors Struggle to Access Data, Count Inventory During Remote Work – Wall Street Journal 07:47 – 8 things to know about the audit evidence standard – AICPA 09:17 – DOJ: 57 Charged With Alleged PPP Fraud – PYMNTS.com 10:10 – More on Liar Loans – Wikipedia 11:52 – Quickie lender Kabbage doled out billions in PPP loans.

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What Intuit, Xero, and Sage Earnings Say about Cloud Accounting

Cloud Accounting Podcast

OnPay includes deep integrations to benefit providers, workers' comp plans, QuickBooks, and Xero. Blake Oliver: [00:03:33] Yes. David Leary: [00:03:33] I have the earning season - Xero, Sage, and Intuit have all released earnings. Blake Oliver: [00:09:32] Xero released their earnings first, so maybe we should hit Xero, quickly?

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