EPISODE · Jul 17, 2021 · 57 MIN
Tax Evasion & Spreadsheets: A Lesson From Trump's CFO
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsSynder: https://cloudaccountingpodcast.promo/synderOdoo: https://cloudaccountingpodcast.promo/odooDark Horse: https://cloudaccountingpodcast.promo/darkhorseShow Notes 4:48 – Trump Organization Is Charged With Running 15-Year Employee Tax Schemehttps://www.pymnts.com/news/investment-tracker/2021/bolt-seeking-300m-in-next-fundraising-round/ 13:35 – June Job Report? Employers added 850K jobs in June, including 2.8K in accountinghttps://www.accountingtoday.com/news/employers-added-850k-jobs-in-june-including-2-8k-in-accounting 13:50– U.S. Job Openings Hit Record 9.2M in Mayhttps://www.newsbreak.com/news/2303009196462/u-s-job-openings-hit-record-9-2m-in-may 16:37 – SBA to Drop Its Review of PPP Loans of $2 Million and Abovehttps://www.inc.com/diana-ransom/small-business-administration-ppp-loan-necessity-questionnaire.html 19:45 – Biden Plan’s Higher Taxation of Businesses Would Boost Collections to Highest in 40-Plus Yearshttps://taxfoundation.org/biden-business-tax-collections/ 23:09 – Art of Accounting: Qualities that make someone a partnerhttps://www.accountingtoday.com/opinion/art-of-accounting-qualities-that-make-someone-a-partner 25:48 – When Money Is No Objecthttps://www.wsj.com/articles/when-money-is-no-object-11625839202 29:48 – SURVEY: CPA Firms Reject Staff Vaccine Mandateshttps://cpatrendlines.com/2021/07/07/survey-hybrid-of-remote-and-on-site-work-is-here-to-stay/ 31:30 – EisnerAmper adds tech firmhttps://www.accountingtoday.com/news/eisneramper-adds-tech-firm-zentek-data-systems 33:35 – Sage X3 software vulnerability found, addressedhttps://www.accountingtoday.com/news/sage-x3-software-vulnerability-found-addressed 35:29 – Paycom Launches Beti, an Industry-First Employee-Driven Payroll Solutionhttps://www.businesswire.com/news/home/20210706005447/en/Paycom-Launches-Beti-an-Industry-First-Employee-Driven-Payroll-Solution 38:59 – Welcoming Symmetry to Gustohttps://gusto.com/company-news/welcoming-symmetry-to-gusto 44:38 – New & Improved in FreshBooks: Recurring Revenue Widget, Reply-To Emails, and Morehttps://www.freshbooks.com/blog/product-updates-june-2021 45:36 – Liberty Tax acquired by NextPoint https://www.accountingtoday.com/news/liberty-tax-acquired-by-nextpoint 47:45 – PSA: Chime Banking App Is Closing Accounts and Withholding Peoples’ Moneyhttps://www.reviewgeek.com/91482/psa-chime-banking-app-is-closing-accounts-and-withholding-peoples-money/ A Banking App Has Been Suddenly Closing Accounts, Sometimes Not Returning Customers’ Money — ProPublicahttps://www.propublica.org/article/chime 51:52 – Fired by Bot at Amazon: ‘It’s You Against the Machine’https://www.bloomberg.com/news/features/2021-06-28/fired-by-bot-amazon-turns-to-machine-managers-and-workers-are-losing-out 53:40 – Quote: “All your automated processes should start with a human interaction and end with a human interaction” Get 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) 695-1040Need 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/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting...
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What this episode covers
Today, in news of the less-than-intelligent, we're talking about how someone's meticulous bookkeeping skills may lead to the downfall of the Trump Organization CFO. We're also discussing an analysis of the Biden tax plan, and qualities that make a good accounting firm partner. Meanwhile, not shockingly, cash payments dropped during the pandemic. In app news, Gusto makes its second acquisition, and algorithms at Chime and Amazon are doing not-very-nice things to regular people. All this and more, right here, right now!
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Tax Evasion & Spreadsheets: A Lesson From Trump's CFO
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