EPISODE · Apr 29, 2021 · 1H 3M
Why Business Owners Hire Bookkeepers
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsUncat: https://cloudaccountingpodcast.promo/uncatMarginDriver: https://cloudaccountingpodcast.promo/margindriverOdoo: https://cloudaccountingpodcast.promo/odooShow Notes2:22 – SBA to reopen Shuttered Venue Operators Grant portal Saturdayhttps://www.journalofaccountancy.com/news/2021/apr/sba-reopen-shuttered-venue-operators-grant-portal-april-24.html Shuttered Venue Operators Grant portal begins accepting applications - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/apr/sba-reopen-shuttered-venue-operators-grant-portal-april-24.html SBA offers targeted advances to small businesseshttps://www.accountingtoday.com/news/sba-offers-targeted-advances-to-small-businesses-and-tries-again-on-shuttered-venue-program 5:23 – Lawmakers push PPP revamp as funding lapse loomshttps://www.politico.com/news/2021/04/20/congress-ppp-funding-483803 7:06 – IRS is holding over 29 million tax returns, delaying refunds for many poorer Americanshttps://money.yahoo.com/irs-holds-over-29-million-tax-returns-delaying-refunds-192532885.html 10:33 – Biden’s Big Agenda Relies on a Shrunken, Strained Agency: The IRShttps://www.wsj.com/articles/biden-agenda-relies-on-shrunken-strained-irs-11618928830 13:20 – IRS sees delays in tax refunds and quarterly paymentshttps://www.accountingtoday.com/news/irs-sees-delays-in-tax-refunds-and-quarterly-payments 15:18 – Federal Stimulus Bill Has Huge Tax Change For Gig Workershttps://www.forbes.com/sites/lizfarmer/2021/03/12/federal-stimulus-bill-has-huge-tax-change-for-gig-workers/ 17:35 – Controversy Erupts as Florida Follows Forty-Three States in Adopting Uncontroversial Tax Provisionhttps://taxfoundation.org/florida-online-sales-tax/ 19:22 – We’ve got reviews! Thank you, De (via Podchaser), JGBC, and Jedda88 (via Apple Podcasts)! 21:34 – Netflix funds accounting program through CNM, NM Film Office » Albuquerque Journalhttps://www.abqjournal.com/2383393/netflix-funds-accounting-program-through-cnm-nm-film-office-2.html 25:27 – House OKs Bill to Make Weed Banking Legalhttps://www.cfo.com/regulation/2021/04/house-oks-bill-to-make-weed-banking-legal/ 28:30 – Why we ditched our accounting software for a bookkeeperhttps://zapier.com/blog/why-hire-a-bookkeeper 34:38 – Lumanu Talks Influencers' AR Challengeshttps://www.pymnts.com/news/b2b-payments/2021/lumanu-content-creators-influencers-accounts-receivable/ 36:23 – This is your brain on Zoom – TechCrunchhttps://techcrunch.com/2021/04/21/this-is-your-brain-on-zoom/ 38:21 – New Data Shows How American Workday is Getting Longerhttps://smallbiztrends.com/2021/04/american-workday-getting-longer.html 43:13 – Our Workplace of the Future Strategy – Intuit®: Official Bloghttps://www.intuit.com/blog/intuitlife/our-workplace-of-the-future-strategy/ 46:45 – Bill.com Announces Integrations with Microsoft Dynamics 365https://www.cpapracticeadvisor.com/small-business/news/21219374/billcom-announces-integrations-with-microsoft-dynamics-365 47:22 – Paymogy Invests In Invoice Stream For P2P Serviceshttps://www.pymnts.com/news/b2b-payments/2021/paymogy-invests-in-invoice-stream-for-p2p-services/ 48:20 – Pleo Debuts ‘Bills’ To Digitize SMB Invoicing https://www.pymnts.com/news/b2b-payments/2021/pleo-debuts-bills-to-digitize-smb-invoicing/ 48:39 – Bank of America’s Complete AP Helps Transform A Company’s Accounts Payablehttps://newsroom.bankofamerica.com/content/newsroom/press-releases/2021/04/bank-of-america-s-complete-ap-helps-transform-a-company-s-accoun.html 50:00 – Deluxe Acquires First American Payments For $960Mhttps://www.pymnts.com/news/partnerships-acquisitions/2021/deluxe-signs-960-million-acquisition-deal-for-first-american-payments/ 51:17 – Xero and Bookkeeper360 collaborate to help US small businesses navigate financial complexitieshttps://www.xero.com/blog/2021/04/xero-and-bookkeeper360-support-us-small-business/ 54:30 – Square Announces New Inventory Management Features for Retailershttps://finance.yahoo.com/news/square-announces-inventory-management-features-160000767.html 55:40 – Avalara Buys DAVO To Boost Sales Tax Automationhttps://www.pymnts.com/news/partnerships-acquisitions/2021/avalara-buys-davo-boost-sales-tax-automation-services/<...
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What this episode covers
Apparently April showers bring lots of accounting news! We've got the latest on the SBA's SVOG portal reopening, and legislation introduced to fix PPP loan inequity. We'll hit on more IRS news, including (quelle surprise) how the IRS is way behind on processing tax returns, why Biden's agenda relies on the IRS, one big 1099 change for gig workers, and why Florida finally started collecting sales tax from out-of-state sellers. In more random news, we're exploring Netflix's foray into training production accountants, the state of the workday, what the House passing a bill to create safe harbor for cannabis banking means, and your brain on Zoom. We'll also discuss the various reasons business owners want to hire bookkeepers (and how knowing that will help your marketing). If that weren't enough, we've got a plethora of app news for you to chew on, including integrations, investments, feature rollouts, and much, much more!
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Why Business Owners Hire Bookkeepers
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