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But many don’t consider it a problem until the receivables are “very” late (a different definition at every company, but usually an invoice reaches this definition at around 60 days). Although there are tax benefits of writing off bad debt, it still negatively impacts the company’s bottom line. Schedule a Product Demo 3.
Mike Whitmire: [00:04:40] It definitely depends on the type of business and how open your company had been to cloud-based technology before this. Blake Oliver: [00:34:54] Sales tax for SaaS now is getting kind of complicated, isn't it? Yeah, I would love to not talk about sales tax ever again. We definitely do.
I guess we'll find out because it definitely feels like the pendulum is swinging towards build it all in-house again and acquire a bunch of things. That was an existential threat to TurboTax, because why would you pay to do your taxes when you could do them completely for free? Not versus all tax returns filed. There's tons of.
AccountingWEB 06:57 - Racial Disparities and the Income Tax System – Tax Policy Center 09:07 - [OC] People Killed by Police Forces (Annual rate per 10 million people) - Reddit 11:28 - Police Unions And Civilian Deaths - NPR 12:41 - The Illusion of Race-Neutral Tax Policy - ITEP 13:41 - Executive at top U.S.
At some other level, I step back and think about tax policy in this country dictates social policy. There'll probably be some bill in that's a protest/riot-damage bill, or something in small businesses, which'll have tax implications.
David Leary: [00:26:56] Yeah, they definitely have a lot of data on that. David Leary: [00:28:05] Yeah, I think that- Blake Oliver: [00:28:05] So, that definitely gives an advantage to a successful, established small business that's big enough where they get to have that personal banking relationship. Blake Oliver: [00:40:58] Right.
Then, talking about that whole QuickBooks Live type model of you get your tax and your bookkeeping all under one roof for one price type model, they've been heading down that way. So, these are huge, huge feature wins for- Blake Oliver: [00:22:08] Yeah, it definitely makes a lot better. It's a full built-out bookkeeping product.
It was definitely better than sitting on a Zoom call all day long, like some conferences. Oh, we have to talk about the Trump payroll-tax deferral. They've definitely moved it up in the menu to make it more easier to get to. [00:21:43] I have a couple more articles on apps, if you wanna jump into those; just couple of quick ones.
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