Remove 2008 Remove Tax Remove XERO
article thumbnail

How Vinod Shah & Co is embracing cloud accounting to reach their paperless goal

Xero

We spoke with Ravi to learn more about Vinod Shah & Co, and how Xero is helping achieve this ambition. . After many years of the business going from strength to strength, Punita became a partner in 2008. He tells us, “Xero is so user friendly. Family business. Two years later, Ravi entered the fray. Going paperless.

XERO 203
article thumbnail

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. 2 Was Key to the Firm’s Rapid Rise. . - PPP, of course, is still in the news.

Tax 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. At some other level, I step back and think about tax policy in this country dictates social policy. Their around-the-clock support team is standing by with dedicated support just for accountants.

Tax 40
article thumbnail

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. Oh, by the way, the three-week number, that's only for people who already have direct deposit setup through their tax filing. I guess it's through payroll tax credits. Mnuchin is saying three weeks.

article thumbnail

Is PPP Failing? We Get Answers from the AICPA

Cloud Accounting Podcast

Accountants and bookkeepers love Relay because they get a partner portal, can manage staff access without compromising security, and enjoy enriched direct bank feeds to QuickBooks Online, and Xero. We learned this in the 2008 stimulus package. On the push out of the tax date, when there was a disagreement, that statement went out.

Payroll 40
article thumbnail

Employers Take Hard Pass on Trump Tax Deferral

Cloud Accounting Podcast

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.

Tax 40
article thumbnail

Coronavirus is Faster Than the Stimulus

Cloud Accounting Podcast

Even though Core is an all-in-one app, it still works nicely with accounting apps, like QuickBooks, and Xero. Probably information from your tax return and your Social Security number. It includes a full-function mobile app, and a cutting-edge voice-based assistant. So, I, as a hacker, could obtain that. It's not that difficult.

Payroll 40