Cloud Accounting Podcast
David Leary & Blake Oliver, CPA

The Cloud Accounting Podcast is the #1 accounting and bookkeeping podcast in the world! Join Blake Oliver and David Leary at the intersection of accounting and technology for a weekly news roundup, plus interviews with industry leaders.

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooRelay Financial: https://cloudaccountingpodcast.promo/relayMarginDriver: https://cloudaccountingpodcast.promo/margindriverShow NotesComing soon! Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

SponsorsSage Advice: https://cloudaccountingpodcast.promo/sageadvice Client Hub: https://cloudaccountingpodcast.promo/clienthubRelay Financial: https://cloudaccountingpodcast.promo/relayShow Notes4:24 – Biden to propose tax hikes, $80B for audits of richhttps://www.accountingtoday.com/articles/biden-to-propose-tax-hikes-80b-for-audits-of-rich  7:36 – U.S. companies went right back to heavy use of nonstandard accounting metrics during the pandemichttps://www.marketwatch.com/story/u-s-companies-went-right-back-to-heavy-use-of-non-standard-accounting-metrics-during-the-pandemic-11619550987 11:30 – Under Armour Paying $9 Million to Resolve SEC Accounting Probehttps://www.wsj.com/articles/under-armour-paying-9-million-to-resolve-sec-accounting-probe-11620079991 13:21 – QuickBooks Payroll sufferers outage on Friday morning … many employees never got their direct deposithttps://www.theverge.com/2021/4/30/22412349/quickbooks-issue-missed-direct-deposit-paychecks 16:25 – Financial impact of COVID-19 revealed in QuickBooks analysis of 1 million small businesseshttps://quickbooks.intuit.com/r/coronavirus/small-business-recovery/ 22:18 – Expensify Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offeringhttps://www.businesswire.com/news/home/20210503005265/en/Expensify-Announces-Confidential-Submission-of-Draft-Registration-Statement-for-Proposed-Initial-Public-Offering 23:11 – Stripe buys TaxJar

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 F

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindOdoo: https://cloudaccountingpodcast.promo/odoo Client Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:45 – The Interview with AICPA’s Ed Karl https://www.cloudaccountingpodcast.com/bonus222 Reviews – Thank you all!  4:41 – Nels Larsen CPA via Podchaser5:02 – The Finance Wizard via Apple Podcasts 5:26 – Scott Scarano via Apple Podcasts5:50 – Lolololoic via Apple Podcasts 6:12 – ItsmeBeek via Apple Podcasts 7:15 – Anonymous Listener email about Episode 222  11:56 – Legislative threat to CPA licensure stalls in West Virginia https://www.journalofaccountancy.com/news/2021/apr/legislative-threat-to-cpa-licensure-stalls-in-west-virginia.html 20:18 – IRS Chief Says $1 Trillion in Taxes May Go Uncollected Each Yearhttps://www.wsj.com/articles/irs-chief-says-1-trillion-in-taxes-may-go-uncollectedeach-year-11618337765 21:41 – U.S. sues Trump ally Roger Stone, alleging he owes about $2 million in unpaid taxeshttps://www.reuters.com/world/us/us-sues-trump-ally-roger-stone-alleged-nonpayment-federal-income-taxes-2021-04-16/ 23:00 – Listener voicemail! Thank you, Ian Crook! 26:40 – ACH Network Hits 2.7 Billion Monthly Paymentshttps://www.pymnts.com/news/payment-methods/2021/ach-network-has-record-setting-quarter/ 28:05 – IRS to roll out expanded Child Tax Credit on July 1https://www.accountingtoday.com/news/irs-on-track-to-roll-out-expanded-child-tax-credit-on-july-1 29:50 – Biden Seeks 10% IRS Funding Hike to Spur More Audits of Wealthy

Show NotesHow to Collect $1.4 Trillion in Unpaid Taxes https://www.nytimes.com/2021/03/20/opinion/sunday/unpaid-tax-evasion-IRS.htmlGet in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  

Sponsors Dext: https://cloudaccountingpodcast.promo/dext Rewind: https://cloudaccountingpodcast.promo/rewind Odoo: https://cloudaccountingpodcast.promo/odooShow Notes1:47 – Blake’s Discussion with Ed Karl, Vice President of Taxation at the AICPAhttps://www.cloudaccountingpodcast.com/bonus222 6:37 – Shutter Venue Operators Grant Snafu 7:45 – SBA SVOG Tweethttps://twitter.com/SBAgov 8:35 – Why Can’t Stimulus Checks Arrive Faster?https://www.wsj.com/articles/why-cant-stimulus-payments-arrive-faster-1161763120910:40 – Billions waiting in 2017 federal refundshttps://www.accountingtoday.com/news/billions-waiting-in-2017-federal-tax-refunds 11:38 – China Creates Its Own Digital Currency, a First for Major Economyhttps://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118 17:27 – Facebook: 25 Pct Of SMBs Closed Around Worldhttps://www.pymnts.com/economy/2021/facebook-25-pct-of-smbs-closed-around-the-world/ 18:29 – Pickup in CFO Optimism Continues in Q1https://www.cfo.com/the-economy/2021/04/pickup-in-cfo-optimism-continues-in-q1/ 25:06 – Global minimum tax gains momentumhttps://www.accountingtoday.com/articles/global-minimum-tax-momentum-gains-with-g-20-seeing-mid-year-deal 25:37 – IRS Program Summary by Budget Activityhttps://home.treasury.gov/system/files/266/19.-IRS-FY-2021-BIB.pdf 27:47 – How to Collect $1.4 Trillion in Unpaid Taxes

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:44 – Talking #StopAsianHate and ties to the accounting world  6:06 – We’ve got reviews!  Thank you, Smeanser, AggieCPA,  and Larisa Lopez  7:59 – Do some good! Leave us a review on Podchaser, during #Reviews4Good 2021!  9:42 – Listener mail from Danny Burns  – pricing methodology 20:34 – Listener mail from Stephen Brown – ACH issues 25:54 – Jeff Bezos’ investment fund is backing a startup hoping to be the AWS for SMB accounting – TechCrunchhttps://techcrunch.com/2021/03/27/jeff-bezos-investment-fund-is-backing-a-startup-hoping-to-be-the-aws-for-smb-accounting/ 26:33 – Pilot's $100m Funding Round: What it Means for the Accounting Profestransactionshttps://www.botkeeper.com/blog/pilots-100m-funding-round-what-it-means-for-the-accounting-profession 29:22 – SMB accounting platform Pilot doubles valuation with mega-roundhttps://www.emarketer.com/content/smb-accounting-platform-pilot-doubles-valuation-with-mega-round 34:47 – Auditoria raises $15.5M to expand AI platform automating repetitive accounting taskshttps://venturebeat.com/2021/03/31/auditoria-raises-15-5m-to-automate-repetitive-accounting-tasks/ 38:26 – Intuit updates QBO Accountanthttps://www.accountingtoday.com/news/intuit-updates-qbo-accountant-and-is-recruiting-for-the-accountant-council 38:59 - QuickBooks Online new features and improvements – March 2021https://quickbooks.intuit.com/blog/whats-new/quickbooks-online-new-features-and-improvements-march-2021/  40:13 – Accele

Show Notes (1:50) Paycheck Protection Program (8:18) Employee Retention Credit (18:18) Shuttered Venues Operators Grant (25:29) Restaurant Revitalization Fund Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, pa

SponsorsOnPay: https://cloudaccountingpodcast.promo/onpayRewind: https://cloudaccountingpodcast.promo/rewindOdoo: https://cloudaccountingpodcast.promo/odooShow Notes2:07 - The pandemic made us all coworkers — whether we like it or nothttps://www.msnbc.com/opinion/slack-s-new-dm-feature-proves-we-re-all-office-n1261983 3:00 - Slack’s walkback of its new DM feature is a sign of user powerhttps://www.marketplace.org/2021/03/25/slacks-walkback-of-its-new-dm-feature-is-a-sign-of-user-power/ 3:38 - Zoom Wants You to Zoom Even When Using Other Companies’ Appshttps://www.wsj.com/articles/zoom-wants-you-to-zoom-even-when-using-other-companies-apps-11616419800 4:45 - SURVEY: Phone, Email Tied for Client Communicationhttps://cpatrendlines.com/2021/03/21/survey-phone-email-tied-for-client-communication/ 9:05 - HR Tech Startup Ease Raises $41 Million To Help Small Businesses Better Support Their Employeeshttps://www.forbes.com/sites/kristinstoller/2021/03/25/hr-tech-startup-ease-raises-41-million-to-help-small-businesses-better-support-their-employees/ 9:23 - Jeff Bezos-backed accounting start-up hits $1.2 billion valuation after new funding roundhttps://www.cnbc.com/2021/03/26/jeff-bezos-backed-start-up-pilot-hits-1point2-billion-valuation-.html 19:52 - It’s time to end re-authenticating every 90 days: Have your say | Xero Bloghttps://www.xero.com/blog/2021/03/end-re-authenticating-every-90-days/ 23:05 - Xero to acquire Tic

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Rewind: https://cloudaccountingpodcast.promo/rewind Attend Rewind's Webinar Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes2:53 - U.S. Treasury has sent out $242B in stimulus checks so farhttps://www.accountingtoday.com/articles/u-s-treasury-has-sent-out-242b-in-stimulus-checks-so-far 5:50 - More Than Half Of Small Businesses Have Reopened: Surveyhttps://www.cfo.com/the-economy/2021/03/more-than-half-of-small-businesses-have-reopened-survey 10:10 - IRS postpones April 15 deadline - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/mar/irs-postpones-april-15-tax-filing-deadline.html 14:39 - IRS to automatically process refunds on jobless-benefit paymentshttps://www.accountingtoday.com/articles/irs-to-automatically-process-refunds-on-jobless-benefit-payments 15:10 - House passes PPP deadline extension in 415-3 vote - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/mar/ppp-application-deadline-extension-bill-gains-backing.html House votes to extend PPP deadline until May 31https://www.accountingtoday.com/news/house-votes-to-extend-ppp-deadline-until-may-31 17:35 - Tax season turns into 'dumpster fire' for advisors, clients after stimulus bill passeshttps://www.accountingtoday.com/news/tax-season-turns-into-dumpster-fire-for-adviso

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Odoo: https://cloudaccountingpodcast.promo/odoo Rewind: https://cloudaccountingpodcast.promo/rewind Attend Rewind's Webinar Show Notes3:58 - Economic confidence recovers to near pre-pandemic levels for finance leadershttps://www.journalofaccountancy.com/news/2021/mar/us-economic-confidence-recovers-to-near-pre-coronavirus-levels.html 6:56 - BREAKING NEWS: Scaling New Heights® Rescheduled to October - insightfulaccountant.comhttps://www.intuitiveaccountant.com/people-and-business/scaling-new-heights%C2%AE-rescheduled-to-october/ 9:57 - Cost Of Deloitte’s EDD Phone Center Balloons to $55M, As Millions Of Calls Go Unanswered - capradio.orghttps://www.capradio.org/articles/2021/03/11/cost-of-deloittes-edd-phone-center-balloons-to-55m-as-millions-of-calls-go-unanswered/ 16:02 - Accountants experience 60% increase in payroll services, says QuickBooks | Newshttps://www.accountancytoday.co.uk/2021/03/10/accountants-experience-60-increase-in-payroll-services-says-quickbooks/ 17:02 - Metric of the Month: Avoiding Payroll Bottleneckshttps://www.cfo.com/compensation/2021/02/metric-of-the-month-avoiding-payroll-bottlenecks/ 17:34 - What should I take? Architecture or accounting? | Forum | Archinecthttps://archinect.com/forum/thread/150254452/what-should-i-take-architecture-or-accounting 23:00 - Alaska, Maine, and Oklahoma weigh CPA firm mobility

SponsorWe'd like to thank our launch sponsor Rippling for making the Accounting Salon Conversations possible.Visit https://accountingsalonconversations.promo/ripplingGet in Touch with Ryan twitter.com/ryankwatson facebook.com/ryan.watson.986227 linkedin.com/in/ryankeithwatson Upsourced Accounting Get in Touch with Amanda twitter.com/aguillardacct facebook.com/amanda.a.lo.3 linkedin.com/in/amandaaguillard Links Leave a review on Apple Podcasts or Podchaser Follow the Accounting Salon on Twitter Visit the Accounting Salon Get CPE credit at Elefant Training Check out content created by Accounting Salon members Connect with Accounting Salon members at events Browse a list of Accounting Conferences SubscribeSubscribe to the Accounting Salon Conversations podcast in your favorite podcast app!This podcast is a production of the Accounting Podcast Netwo

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooRelay Financial: https://cloudaccountingpodcast.promo/relayMarginDriver: https://cloudaccountingpodcast.promo/margindriverShow Notes2:30 - Cryptocurrency Buys Are Not Reportable To The IRShttps://www.cointracker.io/blog/cryptocurrency-buys-are-not-reportable-to-the-irs 7:29 - What’s in the $1.9T stimulus bill passed by the Senatehttps://www.accountingtoday.com/articles/whats-in-the-1-9t-stimulus-bill-passed-by-the-senate 13:47 - AICPA calls on SBA to change 'unfair' PPP guidance, deadlinehttps://www.journalofaccountancy.com/news/2021/mar/aicpa-calls-on-sba-to-change-unfair-ppp-guidance-deadline.html 16:05 - AICPA urges delay in tax deadline until June 15https://www.accountingtoday.com/news/aicpa-urges-delay-in-tax-deadline-until-june-15 19:42 - FreshBooks, Salt Edge Team On Open Banking Techhttps://www.pymnts.com/news/b2b-payments/2021/freshbooks-teams-with-salt-edge-smb-open-banking-tech/ 20:22 - QuickBooks launches all-new Business Account https://www.techradar.com/uk/news/quickbooks-launches-a-new-business-account-powered-by-fintech-modulr 20:36 - QuickBooks gets all Modulr with new business accounts 

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindBooksTime: https://cloudaccountingpodcast.promo/bookstimeOdoo: https://cloudaccountingpodcast.promo/odooShow Notes02:30 – Blake’s take on craptastic TikTok tax advicehttps://www.cloudaccountingpodcast.com/213 03:08 - How the word 'accountant' became synonymous with sex workers, strippers, and OnlyFans creators on TikTokhttps://www.insider.com/what-is-a-tiktok-accountant-meaning-meme-2021-2 04:38 – Rocky Paterra – I’m an Accountant https://www.youtube.com/watch?v=yNLNHzjeSd8 09:58 - TransferWise Rebrands To Wise https://www.pymnts.com/news/cross-border-commerce/cross-border-payments/2021/transferwise-rebrands-to-wise/ 10:25 - Receipt Bank is Now Dexthttps://www.accountingweb.com/technology/accounting-software-news/receipt-bank-is-now-dext 11:07 - Welcome to Dext - Dexthttps://dext.com/us/blog/welcome-to-dext Dext Product FAQs – Dext https://help.receipt-bank.com/hc/en-us/articles/360017865657-Dext-Product-FAQs 14:47 - White House will give small firms two-week exclusive PPP accesshttps://www.accountingtoday.com/articles/white-house-will-give-small-firms-two-week-exclusive-ppp-access 16:07 - Fraud Checks and Errors Slow Small-Business Relief Loanshttps://www.nytimes.com/2021/02/22/business/paycheck-protection-program-small-business-coronavirus.html?referringSource=articleShare 17:58 - Which States Are Taxing Forgiven PPP Loans?

SponsorsDext: https://cloudaccountingpodcast.promo/dextOdoo: https://cloudaccountingpodcast.promo/odooRelay Financial: https://cloudaccountingpodcast.promo/relayShow Notes1:50 – David got bitten by the Bitcoin bug! 6:25 - Tax season off to a slow start, lawmakers complain to IRShttps://www.accountingtoday.com/news/tax-season-off-to-a-slow-start-lawmakers-complain-to-irs 8:19 – Is an end to the pandemic in sight?  12:27 - Take control of your calendar this busy seasonhttps://www.accountingtoday.com/opinion/take-control-of-your-calendar-this-busy-season 14:58 - Democrat bills would help the IRS go after wealthy, corporationshttps://www.accountingtoday.com/news/democrats-introduce-bills-to-increase-taxes-on-wealthy-and-corporations 22:00 - Screenshot of the Horrific UI Design That Led Citigroup to Accidentally Send $893 Million https://www.core77.com/posts/105540/Screenshot-of-the-Horrific-UI-Design-That-Led-Citigroup-to-Accidentally-Send-893-Million What can we learn from Citi's $900 million mistake? - DEV Communityhttps://dev.to/feileacan/what-can-we-learn-from-citi-s-900-million-mistake-3p0j 29:20 - Sales-Hiding Software Outsmarts U.S. Tax Collectors (Podcast)https://news.bloombergtax.com/financial-accounting/sales-hiding-software-outsmarts-u-s-tax-collectors-podcast 35:20 - Don’t Get Zapped: Enforcement against Businesses That Use Sales Suppression Software Is on the Upswinghttps://www.blankr

SponsorsBQE CORE: http://cloudaccountingpodcast.promo/coreBookkeep: https://cloudaccountingpodcast.promo/bookkeepBooksTime: https://cloudaccountingpodcast.promo/bookstimeShow Notes1:00 - Welcome back, Rachel Fisch!  2:40 - MNP to acquire subset of Deloitte business to expand footprint in select locations across Canadahttps://www2.deloitte.com/ca/en/pages/press-releases/articles/mnp-acquires-subset-of-deloitte-business.html 9:31 – Episode 49 Discussion about KPMG back in December of 2018https://www.cloudaccountingpodcast.com/49 14:49 -  EY U.S. Chair Kelly Grier Is Super Excited About EY’s Super Bowl Ad, You Guyshttps://www.goingconcern.com/ey-u-s-chair-kelly-grier-is-super-excited-about-eys-super-bowl-ad-you-guys/ 15:15 – Take a listen to EY’s Super Bowl Ad 16:00 -  Same year that EY elected to forgo performance based raises, it’s getting a super bowl commercial.https://www.reddit.com/r/Accounting/comments/ldxyha/same_year_that_ey_elected_to_forgo_performance/ 18:07 - Verizon, Deloitte Unveil 5G Retail Platformhttps://www.pymnts.com/news/retail/2021/verizon-deloitte-unveil-seismic-5g-powered-retail-productivity-and-efficiency-platform/ 21:46 – More about Elon Musk’s Starlink https://www.starlink.com/ 23:09 - Tax forms help reveal extent of unemployment fraud in UShttps://apnews.com/article/tax-forms-reveals-unemployment-fraud-d79070609d6f7eedc8a03b5e37b17506 27:11 - SBA works to fix PPP loan bottleneckshttps://www.accoun

GuestsShehan Chandrasekera, CPAhttps://www.linkedin.com/in/shehanc/ CPA Practice Advisor 40 Under 40 honoree Head of Strategy for Tax at CoinTracker Dr. Sean Stein Smith, CPAhttps://www.linkedin.com/in/dr-sean-stein-smith-dba-cpa-63307444/ Assistant Professor at Lehman College (CUNY) Founder at Company NameInstitute for Blockchain & Cryptoasset Research Show Notes2:55 - Bitcoin to Come to America’s Oldest Bank, BNY Mellonhttps://www.wsj.com/articles/bitcoin-to-come-to-america-s-oldest-bank-bny-mellon-11613044810 4:49 - Tesla Buys $1.5 Billion in Bitcoin: What Could Possibly Go Wrong?https://www.wsj.com/articles/tesla-and-bitcoin-what-could-possibly-go-wrong-11612797620  5:47 - What Do Bitcoin and Tulip Mania Have in Common?https://interestingengineering.com/what-do-bitcoin-and-tulip-mania-have-in-common 5:50 - The underlying value of cryptocurrency  7:00 - Store of value, or more?  8:18 - Exiting Robinhood Could Create A Tax Nightmare For Crypto Usershttps://www.forbes.com/sites/shehanchandrasekera/2021/01/28/exiting-robinhood-could-create-a-tax-nightmare-for-crypto-users/?sh=7a02ea1b4ad611:07 - Five taxable events regarding crypto 14:42 - Four types of cryptocurrency holders in the U.S.16:18 - If your clients hold crypto, what risks do you face, as an accountant, or tax preparer? 21:39 - Asking About Crypto on An Organizer? It's Not Enoughhttps://www.boomer.com/post/asking-about-crypto-on-an-organizer-it-s-not-enough?vgo_ee=76sfxqcZn66PFl4np71OpQ%3D%3DBy Gary Boomer 22:00 - Is Bitcoin a bubble?  33:27 - What does the future hold for Bitcoin?  38:53 -

Meet Ed Kless LinkedIn - https://www.linkedin.com/in/edkless/ Twitter - https://twitter.com/edkless Sage - https://www.sage.com/en-us/blog/author/ed-kless/ Sage Thought Leadership Podcast – https://sagethoughtleadership.com The Soul of Enterprise – http://thesoulofenterprise.com/ Show NotesAnother Remote-Work Year Looms as Office-Reopening Plans Are Delayedhttps://www.wsj.com/articles/another-remote-work-year-looms-as-office-reopening-plans-are-delayed-11613039402Learn  more about the Sage Accountants Networkhttps://www.sage.com/en-us/accountants/products/sage-accountants-network/Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe

SponsorsQuickFee: https://cloudaccountingpodcast.promo/quickfeePractice Ignition: https://cloudaccountingpodcast.promo/piOdoo: https://cloudaccountingpodcast.promo/odooShow Notes1:30 - Terrible financial advice is going viral on TikTokhttps://www.vox.com/the-goods/22229551/tiktok-personal-finance-day-trading-tesla-scam1:44 - TikTok Compilation Life Hack A Piece Of Information You Learned That feels Illegal to Know MashUpshttps://www.youtube.com/watch?v=An3zt1xE6bA2:20 - Question: https://youtu.be/An3zt1xE6bA?t=163:40 - Start a church: https://youtu.be/An3zt1xE6bA?t=714:25 - S corp: https://youtu.be/An3zt1xE6bA?t=979:44 - Closing the Diversity Gap - Strategic Financehttps://sfmagazine.com/post-entry/february-2021-closing-the-diversity-gap/11:28 - Diverse talent leaving accounting jobs due to 'lack of inclusion'https://www.accountingtoday.com/news/diverse-talent-leaving-accounting-jobs-due-to-lack-of-inclusion13:00 - Accounting profession marks centennial of first Black CPA with new diversity campaignhttps://www.accountingtoday.com/news/accounting-profession-marks-centennial-of-first-black-cpa-with-new-diversity-campaign13:20 - Here's Another Reminder That Accounting Firms Used to Be Pretty Racist Back In the Dayhttps://www.goingconcern.com/heres-another-reminder-that-accounting-firms-used-to-be-pretty-racist-back-in-the-day/14:00 - BlackCPAcentennial https://www.icpas.org/BlackCPAcentennial15:47 - What Au

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooQuickFee: https://cloudaccountingpodcast.promo/quickfeeRelay Financial: https://cloudaccountingpodcast.promo/relayShow Notes01:08 - GameStop https://en.wikipedia.org/wiki/GameStop 01:31 - Can’t Stop GameStophttps://www.npr.org/2021/01/25/960454567/cant-stop-gamestop 03:38 - This is how Wall Street thinks the Reddit-fueled GameStop trade unravelshttps://www.cnbc.com/2021/01/28/this-is-how-wall-street-thinks-the-reddit-fueled-gamestop-trade-unravels-.html 05:27 - Robinhood Raises $1B Amid GameStop Firestormhttps://www.cfo.com/credit/2021/01/robinhood-draws-1b-from-credit-line-amid-gamestop-firestorm 07:01 - For GameStop day traders, the moment they've dreamed abouthttps://apnews.com/article/us-news-health-coronavirus-pandemic-financial-markets-financial-crisis-834f2dd17cbbc5222e2fc4be3f41ab42  09:47 - The CAP-GameStop Connection?  13:18 - Sage customers are losing their minds – and could face SARS trouble – after outageshttps://www.businessinsider.co.za/on-sars-deadline-day-sage-systems-go-down-again-and-clients-are-going-crazy-2021-1 14:17 -  A South African CAP Listener  weighs in on the Sage Debacle. Thank you!  17:55 - We've got eMAIL - on PPP guilt, and Quicken! Thank you, Anonymous Listener! 20:44 - Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st centuryhttps://techcrunch.com/2021/01/25/melio-raises-110m-on-a-1-3b-valuation-to-bring-b2b-payments-for-smbs-in