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2019 Predictions! Also, Isaac Asimov predicted the computer automation revolution, Mindbody to be sold, senators prod regulators on FinTech, and what’s new in QBO

Cloud Accounting Podcast

Show Notes 2019 Hiring and Compensation Trends for Accounting Firms — CPA Practice Advisor — Check out these six trends hiring managers in public accounting need to know, as identified by research for the 2019 Robert Half Salary Guide for Accounting and Finance Professionals. On computers, though.

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Tax Day is July 15. Still

Cloud Accounting Podcast

So, if they don't file the returns, if the deadline doesn't stick, and it gets extended again, then clients aren't gonna turn in their paperwork, and the firm is not gonna be able to collect the cash. They gave Wirecard an unqualified audit for years 2016 through 2019, while these accounts were supposed to exist.

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Intuit Launches QuickBooks Cash

Cloud Accounting Podcast

A federal credit union told the Justice Department that 59 out of 60 SBA deposits it received appeared to be fraudulent. million in payroll in 2019. David Leary: [00:20:22] Because it's Intuit's account, you connect your merchant service to it; do instant deposits. You can get instant deposits to that account free of charge.

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No "Mo" PPP Loan Forgiveness for Reality Star

Cloud Accounting Podcast

carat diamond ring for himself, a 2019 Rolls-Royce Wraith, $40,000 in child support. What he did, is he- somewhere along the line, he crossed the line, and he rerouted payroll direct deposit money that was supposed to go into employees' bank accounts, and the money to pay taxes. Apparently, he spent $1.5 Apparently, he spent $1.5

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PPP loans over $150,000 to be made public

Cloud Accounting Podcast

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. billion in 2019. Because the IRS isn't coming after them.

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Employers Responsible for Trump Payroll Tax Deferral

Cloud Accounting Podcast

A2X posts tidy summaries of sales, returns, and fees from Shopify and Amazon directly into QuickBooks, or Xero that will exactly match the deposits that appear in your bank account. The Postal Service had $522 million in overtime; 42% of the Postal Service's 633,000 employees had unauthorized overtime in fiscal 2019. It's wasteful.

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Accountants Nervous About Trump Payroll Tax Deferral

Cloud Accounting Podcast

Blake Oliver: [00:10:37] The reason that the Trump administration is concerned with TikTok is because - and this is a legitimate concern - the app is owned by a Chinese company, and it aggressively collects data on American citizens, when you load TikTok. He can change, though, the collection date. There have been people who have said.

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