The Accounting Podcast

We've got a lot to talk about today. First and foremost, Blake gets his PPP loan forgiveness (and feels guilty about it), and we'll talk more on the forgiveness process. In M&A news, the Department of Justice convinces Visa and Plaid their merger is just not meant to be. In the political realm, payment, and marketplace platforms, such as Stripe and Shopify "cancel" Trump. There's a plethora of app-related news to share, including the risks you should know about using a .CPA domain, and a thorough discussion around Intuit's decision to finally give Mint some attention, then we've got some listener emails to round out the episode.

Show Notes

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Show Notes

00:56 - Blake's been forgiven by the PPP! 
 
05:50 - ‘It Was a Joke’: Some Small Businesses Got $1 Relief Loans
https://www.nytimes.com/2021/01/11/business/small-businesses-ppp-covid.html?referringSource=articleShare
 
09:42 - Bitcoin and SPACs Give 2021 a Flavor of Dot-Com Bubble
https://www.bloomberg.com/opinion/articles/2021-01-04/bitcoin-and-spacs-give-2021-a-flavor-of-dot-com-bubble

14:24 - Visa and Plaid Abandon Merger After Antitrust Division’s Suit to Block https://www.justice.gov/opa/pr/visa-and-plaid-abandon-merger-after-antitrust-division-s-suit-block
  
17:38 - Visa, Fintech Startup Plaid Drop Merger Plans After DOJ Antitrust Lawsuit https://www.forbes.com/sites/rachelsandler/2021/01/12/visa-drops-plans-to-acquire-fintech-startup-plaid-after-doj-antitrust-lawsuit

Related stories: 

Plaid CEO touts new ‘clarity’ after failed Visa acquisition 
https://techcrunch.com/2021/01/14/plaid-ceo-touts-new-clarity-after-failed-visa-acquisition/
 
Visa Opts Out Of Plaid Acquisition, Cites Lawsuit 
https://www.pymnts.com/news/partnerships-acquisitions/2021/visa-opts-out-plaid-acquisition-cites-complex-litigation/
 
18:44 - Stripe Stops Processing Payments for Trump Campaign Website
https://www.wsj.com/articles/stripe-stops-processing-payments-for-trump-campaign-website-11610319116
 
19:54 - Shopify Takes Trump Organization and Campaign Stores Offline
https://www.wsj.com/articles/shopify-takes-trumpstore-com-offline-in-response-to-riot-11610035673
 
21:10 - Who is Jack Ma? Where the Alibaba co-founder came from and disappeared https://nypost.com/article/who-is-jack-ma-where-alibaba-founder-cam-from-disappeared-to/
 
23:16 - Individual CPAs can apply for .cpa domains now
https://www.accountingtoday.com/news/individual-cpas-can-apply-for-cpa-domains-now
 
31:57 - Cloud-based farm accounting solution launched by ag tech start-up Traction
https://www.agriculture.com/news/technology/cloud-based-farm-accounting-solution-launched-by-ag-tech-startup-traction
 
32:57 - TrustBooks Releases Full Accounting Software Niched Specifically for Legal https://www.prweb.com/releases/trustbooks_releases_full_accounting_software_niched_specifically_for_legal/prweb17651217.htm
 
35:25 - Commerce7 and Ekos Integrate to Help Wineries Sync D2C Sales, Inventory and Accounting 
https://wineindustryadvisor.com/2021/01/13/commerce7-ekos-integrate-help-wineries
 
36:32 - Lightspeed Rolls Out Vendor Network For SMBs 
https://www.pymnts.com/news/b2b-payments/2021/lightspeed-rolls-out-vendor-network-for-smbs/
 
40:26 - Here’s Intuit’s plan to get Mint back on track after years of neglect
https://www.fastcompany.com/90591464/intuit-mint-new-version-and-alternatives
 
47:45 - Listener questions from M. Ives. Thank you! 
 
50:55 - Melody Seefeldt talks credit hours for the CPA. 
 
51:56 - Color us corrected (via Twitter)! 
 
53:10 - Talk to us! Tell us how your tax season goes! Share your PPP adventures! We really want to know! 


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Creators & Guests

Host
Blake Oliver
Founder and CEO of Earmark CPE
Host
David Leary
President and Founder, Sombrero Apps Company

What is The Accounting Podcast?

The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at https://earmarkcpe.com.