Big 4 Accounting Firms Take Big Stand

SponsorsBooksTime: https://cloudaccountingpodcast.promo/bookstimeBookkeep: https://cloudaccountingpodcast.promo/bookkeepShow Notes3:28 - Accounting firm heads urge Congress to accept Electoral College resultshttps://www.accountingtoday.com/news/accounting-firm-heads-business-leaders-urge-congress-to-accept-electoral-college-results 3:37 - Firm leaders weigh in on storming of Capitol buildinghttps://www.accountingtoday.com/news/firm-leaders-weigh-in-on-storming-of-capitol-building 7:35 - Trump Loses Social Media Megaphone as Facebook, Twitch Acthttps://www.bloomberg.com/news/articles/2021-01-07/facebook-instagram-restrictions-on-trump-accounts-extended 10:38 - Why it's imperative to own your own marketing channels 13:41 - Employers cut 140K jobs in December, but added 2.3K in accountinghttps://www.accountingtoday.com/news/employers-cut-140k-jobs-in-december-but-added-2-3k-in-accounting 15:05 - A Week Into Full Brexit, the Pain for U.K. Businesses Has Arrivedhttps://www.nytimes.com/2021/01/09/business/Brexit-British-economy.html 17:00 - With Congress approving up to $284 billion to loans, small businesses can apply for Paycheck Protection starting Jan. 11https://www.cnbc.com/2021/01/08/small-businesses-can-apply-for-ppp-loans-starting-jan-11.html Date set for limited PPP reopeninghttps://www.journalofaccountancy.com/news/2021/jan/ppp-application-reopening-date.html                17:40 - TurboTax and H&R Block say they have fixed the issues that prevented $600 stimulus checks from being paid outhttps://www.businessinsider.com/turbotax-hr-block-fixed-issues-delaying-stimulus-payments-2021-1 18:32 - Treasury issues millions of second Economic Impact Payments by debit card | Internal Revenue Servicehttps://www.irs.gov/newsroom/treasury-issues-millions-of-second-economic-impact-payments-by-debit-card 20:51- Banks Withhold Stimulus To Cover Overdraft Feeshttps://www.pymnts.com/bank-regulation/2021/banks-may-withhold-stimulus-checks-to-cover-overdraft-fees/ 21:25 - Stimulus law may put disputes over PPP agent fees to rest for bankshttps://www.americanbanker.com/news/stimulus-law-may-put-disputes-over-ppp-agent-fees-to-rest-for-banks 24:15 - Ted Callahan announced as new accountant business leader for Intuit’s Small Business Self-Employed Group - Firm of the Future https://www.firmofthefuture.com/content/ted-callahan-announced-as-new-accountant-business-leader-for-intuits-small-business-self-employed-group/ 25:52 - Pennylane raises $18.4 million for its accounting service https://techcrunch.com/2021/01/07/pennylane-raises-18-4-million-for-its-accounting-service/ 30:21 - Avalara Unveils Cloud Sales Tax Returns Solution for Accounting Firms of All Sizes https://www.businesswire.com/news/home/20210107005090/en/Avalara-Unveils-Cloud-Sales-Tax-Returns-Solution-for-Accounting-Firms-of-All-Sizes 31:41 - Deloitte deal makes Tax Analysts’ law library publichttps://www.accountingtoday.com/news/deloitte-deal-makes-tax-analysts-law-library-public 33:05 - Go Forth and Azlohttps://www.azlo.com/blog/go-forth-and-azlo 39:00 - IRS overlooks billions in potential taxes from nonfilershttps://www.accountingtoday.com/news/irs-overlooks-billions-in-potential-taxes-from-nonfilers-and-underreporters 42:36 - BKD premieres film noir tax parodyhttps://www.accountingtoday.com/news/bkd-helms-tax-film-noir-short 45:18 - EY and Microsoft expand Xbox blockchain smart contract platformhttps://www.accountingtoday.com/news/ey-and-microsoft-expand-xbox-blockchain-smart-contract-platform 46:33 - U.S. Accounting Standard-Setter Looks to Tackle Controversial Topics in 2021 https://www.wsj.com/articles/u-s-accounting-standard-setter-looks-to-tackle-controversial-topics-in-2021-11609434034 47:23 - Cost Versus Value: Is GAAP Obsolete? https://www.accountingtoday.com/opinion/cost-versus-value-is-gaap-obsoleteGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see...