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!
Show Notes
4:48 – Trump Organization Is Charged With Running 15-Year Employee Tax Scheme
Employers added 850K jobs in June, including 2.8K in accounting
13:50– U.S. Job Openings Hit Record 9.2M in May
16:37 – SBA to Drop Its Review of PPP Loans of $2 Million and Above
19:45 – Biden Plan’s Higher Taxation of Businesses Would Boost Collections to Highest in 40-Plus Years
25:48 – When Money Is No Object
29:48 – SURVEY: CPA Firms Reject Staff Vaccine Mandates
31:30 – EisnerAmper adds tech firm
33:35 – Sage X3 software vulnerability found, addressed
38:59 – Welcoming Symmetry to Gusto
44:38 – New & Improved in FreshBooks: Recurring Revenue Widget, Reply-To Emails, and More
45:36 – Liberty Tax acquired by NextPoint
A Banking App Has Been Suddenly Closing Accounts, Sometimes Not Returning Customers’ Money — ProPublica
53:40 – Quote:
“All your automated processes should start with a human interaction and end with a human interaction”
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