Remove 2019 Remove Budgeting Remove Deposits
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Will $2T Stimulus Pay for Accountants’ Self Hair Cuts

Cloud Accounting Podcast

I send it to ADP to do the direct deposits, and when they shoot out those direct deposits, they're adding in that extra 1,200 bucks, or whatever the proper amount is that's from the government [crosstalk] the accounts. So, the way this individual payment- David Leary: [00:30:55] I thought you just said 2019.

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Intuit Launches QuickBooks Cash

Cloud Accounting Podcast

A federal credit union told the Justice Department that 59 out of 60 SBA deposits it received appeared to be fraudulent. million in payroll in 2019. David Leary: [00:20:22] Because it's Intuit's account, you connect your merchant service to it; do instant deposits. You can get instant deposits to that account free of charge.

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Tax Day is July 15. Still

Cloud Accounting Podcast

They gave Wirecard an unqualified audit for years 2016 through 2019, while these accounts were supposed to exist. What got weird about that is that the amount in those accounts became so large- it's equivalent to more than a quarter of the total group revenue for Wirecard in the years 2016 through 2019; a quarter of all of their revenue.

Tax 40
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Tax Deadline Extended, IRS Yet to Confirm

Cloud Accounting Podcast

When you're talking about taxpayer checks, notwithstanding the physical piece, which is that not everybody has direct deposit, I think there are some real security issues that you have to worry about when you have remote workers, at that point, because how- who has access to the system? Who has access to account numbers?

Tax 40
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PPP loans over $150,000 to be made public

Cloud Accounting Podcast

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. A billion-dollar budget. Blake Oliver: [00:10:23] Right.

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Is the U.S. Tax Code Racist?

Cloud Accounting Podcast

It's called, "People Killed by Police Forces - Annual Rate per 10 Million People." [00:09:30] The author of this chart looked at a police shooting database from 2019, compared it to U.S. 75 percent of that is their work- what they need to cut - and then, revise the revenue projections, and then, focus on budget planning for the future.

Tax 40
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No "Mo" PPP Loan Forgiveness for Reality Star

Cloud Accounting Podcast

carat diamond ring for himself, a 2019 Rolls-Royce Wraith, $40,000 in child support. What he did, is he- somewhere along the line, he crossed the line, and he rerouted payroll direct deposit money that was supposed to go into employees' bank accounts, and the money to pay taxes. Apparently, he spent $1.5 Apparently, he spent $1.5

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