Student Loan Forgiveness Versus PPP Forgiveness

SponsorsRelay: https://cloudaccountingpodcast.promo/relayuCollect: https://cloudaccountingpodcast.promo/ucollectCanopy: https://cloudaccountingpodcast.promo/canopyNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:58 – Xero announces new initiatives, partnerships at Xerocon user conferencehttps://www.accountingtoday.com/news/xero-announces-new-initiatives-partnerships-at-xerocon-user-conference          Xero Small Business Insights expands to the United States and Canada, providing timely updates on state of small business https://www.xero.com/blog/2022/08/xsbi-expands-to-us-and-canada/ Product wrap from Xerocon New Orleans 2022 | Xero Bloghttps://www.xero.com/blog/2022/08/xerocon-new-orleans-product-wrap/ Avalara partners with Xero to make automated sales tax solution | Accounting Todayhttps://www.accountingtoday.com/news/avalara-partners-with-xero-to-make-automated-sales-tax-solution That’s a wrap for Xerocon New Orleans 2022https://www.xero.com/blog/2022/08/xerocon-new-orleans-wrap/ 21:31 – Biden to forgive $10K in student debt, double for Pell grant recipients | Accounting Todayhttps://www.accountingtoday.com/articles/biden-to-forgive-10k-in-student-debt-double-for-pell-grant-recipients Biden to cancel up to $10K in student loan debt for borrowers making under $125K : NPRhttps://www.npr.org/2022/08/24/1118879917/student-loan-forgiveness-biden 24:08 – White House shines light on Republicans who are criticizing student debt cancellation after getting their PPP loans forgivenhttps://www.nbcnews.com/politics/white-house/white-house-shines-light-republicans-are-criticizing-student-debt-canc-rcna44904 What the student debt forgiveness plan would mean for taxpayers and the U.S. economy | Accounting Todayhttps://www.accountingtoday.com/news/what-the-student-debt-forgiveness-plan-would-mean-for-taxpayers-and-the-u-s-economy 34:12 – Secret Service returns $286 million in fraudulent pandemic loans to the Small Business Administrationhttps://www.cnbc.com/2022/08/26/secret-service-returns-fraudulent-pandemic-loans-to-small-business-administration.html 36:22 – Cross River Bank’s PPP Lending Practices Raise Questionshttps://www.pymnts.com/loans/2022/cross-river-banks-ppp-lending-practices-raise-questions/ 37:11 – The IRS could be on the verge of changing the way Americans file their taxes | The Hillhttps://thehill.com/homenews/3607174-the-irs-could-be-on-the-verge-of-changing-the-way-americans-file-their-taxes/ 40:53 – Ex-BDO IT Audit Manager Raissa Kengne Charged in Deadly Atlanta Shooting (UPDATE) - Going Concernhttps://www.goingconcern.com/atlanta-shooting-suspect-bdo-usa/ Former BDO audit manager shot and killed ex-boss | Accounting Todayhttps://www.accountingtoday.com/news/former-bdo-audit-manager-shot-and-killed-ex-boss r/Accounting - Ex-BDO Auditor Kills One, Injures Two in Atlantahttps://www.reddit.com/r/Accounting/comments/wv6jdw/exbdo_auditor_kills_one_injures_two_in_atlanta/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Ex-BDO IT Audit Manager Raissa Kengne Charged in Deadly Atlanta Shooting (UPDATE)https://www.goingconcern.com/atlanta-shooting-suspect-bdo-usa/ 43:06 – Atlanta Shooting Suspect Gave Cybersecurity Talk About ‘Fraud in Accounting,’ Accused Victims of Committing Accounting Fraud on LinkedInhttps://www.vice.com/en/article/v7v7vj/atlanta-shooting-suspect-raissa-kengne-linkedin-lawsuit-cybersecurity-talk 46:12 – IRS will wipe away $1.2B in late fees from pandemic | Accounting Todayhttps://www.accountingtoday.com/articles/irs-will-wipe-away-1-2b-in-late-fees-from-pandemic IRS relieves penalties for 2019 and 2020https://www.journalofaccountancy.com/news/2022/aug/irs-relieves-penalties-for-2019-2020.html 47:23 – KPMG to relocate NYC HQ as it downsizes office space | Accounting Todayhttps://www.accountingtoday.com/news/kpmg-to-relocate-nyc-hq-as-it-downsizes-office-space 48:39 – Voicemail from Tyler Otto – Thank you! (1) davidleary on Twitter: "YES, YOU NEED TO FIND A NEW #Accountant!!! Craziest shit I've seen about #QuickBooks Desktop I've seen in a decade! https://t.co/cqxDUL3jRf"https://twitter.com/davidleary/status/1562093434801819650 53:30 – ▪David Leary▪ on LinkedIn: #Accountant #QuickBooks | 95 comments