No "Mo" PPP Loan Forgiveness for Reality Star

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Show Notes

06:50 - Pioneer discloses new details of MyPayrollHR owner's alleged fraud – Albany Business Review08:26 - Richard Burr Steps Back From Senate Panel as Phone Is Seized in Stock Sales Inquiry – New York Times12:08 - Reality star charged with spending funds from federal small business program on jewelry, Rolls-Royce – Washington Post17:26 - Marco Rubio discusses making changes to the PPP rules - Twitter19:20 - SBA Releases Paycheck Protection Program Loan Forgiveness Application: A Deep Dive - Forbes21:30 - SBA.gov now providing daily updates, according to Sec. Mnuchin - Twitter 22:34 - A #PPP Horror Story brought to you by Kabbage - Twitter24:05 - More PPP loans seem to be coming through for anxious business owners28:26 - SBA provides safe harbor for PPP loans under $2 million – Journal of Accountancy29:25 - PPP Changes Trip Up Small Businesses – The Wall Street Journal31:28 - More discussion on the SBA Inspector General's report from Episode 17433:18 - Lawsuit seeks data on PPP small business loans as large companies face deadline to return funds – ABC News36:36 - AICPA Offers Loan Forgiveness Calculator for Paycheck Protection Program - AICPA *CAP Listener, Melissa Wasgatt provided us with a link to the Forgiveness Calculator – Thanks, Melissa!38:37 - House Democrats unveil new $3 trillion coronavirus relief bill – CNBC 41:35 - Goldman: US Unemployment Rate Could Hit 25 Pct - PYMNTS.com42:08 - Covid Kills 67,600 Jobs in Tax and Accounting – CPA Trendlines43:26 - April Retail Rent Collection Drops to 58%: Datex Survey – The Real Deal44:08 - 'Going Concern' Warnings Are a Growing Concern – Yahoo! Finance46:34 - Why Are the Public Markets Strong When Unemployment is Terrible? Answer: The Cloud | SaaStr  48:09 - Digital adoption through COVID-19 and beyond - McKinsey

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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) 695-1040

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Transcript

According  to the 2019 LivePlan small business survey: 71 percent of small business owners want forecasting and cash planning services; 61 percent want business planning, strategy, and monthly management reporting; 70 percent prefer virtual advisory services. Stay tuned to hear more from our sponsor, LivePlan, later in the episode.

 

Blake Oliver: [00:00:23] The best part about this, David, is what he spent the money on. Apparently, he spent $1.5 million on a Rolex Presidential watch, a diamond bracelet, a 5.7...