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Accounting forums are digital communities usually populated by firm owners, CPAs, tax specialists, and other financial experts. All kinds of accounting topics, from taxes to software recommendations and business strategies can be discussed. This forum has been around since 2008 and still has decent web traffic.
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. Let's talk about Tax Day. 2 Was Key to the Firm’s Rapid Rise. . -
Under 30-minute set-up template - you've got a three-way financialstatement forecast for the next 12 months. 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. I guess it's through payroll tax credits. Mnuchin is saying three weeks.
The White House is still proposing this ridiculous plan that apparently nobody cares about other than them, which is the payroll tax cut. David Leary: [00:10:10] I think I saw an article here on PYMNTS.com that the GOP and the White House have agreed on a plan now. So, the White House is kinda. People are getting tired of it.
Paycheck Protection Program, CARES Act, unemployment insurance, furloughs, layoffs, cash flow, CDC guidance, employee safety, paid leave, tax credits - tracking all of the constantly changing COVID-19-related information for your clients is getting overwhelming. They just wait longer and longer and longer in the tax season.
We could talk about the payroll tax deferral unless you've got some more fraud stories. They just need to make sure taxes are being paid on it. If you have a ransomware as a service business, you've gotta pay your income taxes [inaudible] Blake Oliver: [00:21:32] This is one of the interesting things about cryptocurrency.
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