EPISODE · Apr 27, 2020 · 1H 2M
PPP Round 2 May Be Over Before It Even Started
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsBill.com: https://cloudaccountingpodcast.promo/billAccountingSuite: https://cloudaccountingpodcast.promo/asuiteBQE Core: http://cloudaccountingpodcast.promo/coreLinks03:45 - I’ll be right back. How to protect your energy during Zoom meetings - Fast Company06:03 - The Best Wi-Fi Mesh-Networking Kits - The WirecutterGoogle Wifi - Google08:06 - Impact of COVID-19: State of Accountants Report - SmartVaultSurvey Shows Impact of COVID-19 on the Accounting Profession - CPA Practice Advisor22:25 - Banks Gave Richest Clients ‘Concierge Treatment’ for Pandemic Aid - NYTimes23:55 - Public Companies Receiving SBA PPP Loans Under the CARES Act - FactSquared31:56 - She got a forgivable loan. Her employees hate her for it. - CNBC32:05 - Opinion | Our Restaurants Can’t Reopen Until August - WSJ33:48 - Millions of People Face Stimulus Check Delays for a Strange Reason: They Are Poor - Apple News35:57 - China Rolls Out Pilot Test of Digital Currency - WSJ36:15 - How the pandemic makes the case for a “public Venmo” - MIT Technology Review40:04 - SBA data breach could be worrying sign of things to come - Business Insider41:35 - IRS braces for onslaught of coronavirus stimulus scams - Accounting Today41:58 - Scammers are using fake coronavirus stimulus payment sites to steal your money - CNBC45:32 - COVID-19 Bookkeeping Part 1: How to Properly Record PPP Loans and Spending - AccountingWEB45:58 - Google Sheets PPP tracking templates from listeners:Jacob Schroeder his firm Ascend Consulting: https://twitter.com/JacobBSchroeder/status/1252307888552452098Mathew May of Acuity: https://twitter.com/Acuity_co/status/125343956914973491949:32 - What's happening to my Expensify bill? - Expensify Community55:24 - Art of Accounting: Deciding who to let go - Accounting TodayGet 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 our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040.Reviews4GoodRight now, when you visit us on Podchaser, and interact, Podchaser is donating 25 cents per review - and 25 cents every time we respond to a review - to the Meals on Wheels America COVID-19 Response Fund. Pay us a visit on Podchaser, and do some good at the same time! EXTENDED to April 30! For more information, go here: https://www.podchaser.com/articles/community/reviews-for-charityNeed Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsCloud Accounting Summit presented by Jetpack Workflow - https://go.jetpackworkflow.com/cloudaccountingsummit/Hector Garcia - How to Make Video Tutorials: http://www.hectorgarcia.com/tutorial ClientHub: https://clienthub.appAccounting Salon - SALONv: https://accountingsalon.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd TranscriptClients are looking for trusted advice and a sense of stability as they navigate the new normal, and by using Bill.com, accounting firms can free up more time for valuable strategic advisory services by helping clients shift their accounts-payable process online. Stay tuned t...
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What this episode covers
In this episode, we cover a survey that shows the impact of COVID-19 on the accounting profession, why the second installment of Paycheck Protection Program money may already be spoken for, how federal CARES Act unemployment benefits are ruining PPP, and a half decade of SBA security lapses. We'll also talk about resources to track PPP loan forgiveness, how having a digital currency could spare us all of this stimulus payments pain, and how to decide who to let go.
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PPP Round 2 May Be Over Before It Even Started
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