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Show Notes

01:30 – Blake and David talk smart homes, Zoom, and router recommendations, Mnuchin and movies.

7:55 – Updates of PPP Forgiveness

10:02 – Survey: COVID relief, changing laws were last tax season’s headaches

https://www.accountingtoday.com/news/natp-survey-covid-relief-changing-laws-were-last-tax-seasons-headaches

12:20 – IRS Funding Surge Punted From Bipartisan Infrastructure Package

https://www.govexec.com/workforce/2021/07/irs-funding-surge-punted-bipartisan-infrastructure-package/183873/

13:26 – Cryptocurrency brawl bogs down infrastructure bill, as Yellen and White House fight changes

https://www.washingtonpost.com/politics/2021/08/06/crypto-bitcoin-infrastructure-senate/

18:00 – Closing date set for new Shuttered Venue Operator Grant applications

https://www.journalofaccountancy.com/news/2021/aug/shuttered-venue-operator-grant-svog-application-closing-date.html

21:04 – Former Dixon comptroller Rita Crundwell released from prison early
https://www.wifr.com/2021/08/05/former-dixon-comptroller-rita-crundwell-released-prison-early/?utm_source=pocket_mylist

22:25 – All the Queen’s Horses Documentary on YouTube – Free

https://www.youtube.com/watch?v=dpr2A3S3CNk

24:05 – Hundreds of AI tools have been built to catch covid. None of them helped.
https://www.technologyreview.com/2021/07/30/1030329/machine-learning-ai-failed-covid-hospital-diagnosis-pandemic/

31:06 – Reflecting on the evolution of bank reconciliation at Xero

https://www.xero.com/blog/2021/08/bank-reconciliation-evolution-at-xero/

33:36 – Taking business banking to the next level with Revolut

https://www.xero.com/blog/2021/08/revolut-next-level-business-banking/

More Reading on Xero:

Xero Upgrades Bank Reconciliation Feature
https://www.accountingweb.com/technology/accounting-software-news/xero-upgrades-bank-reconciliation-feature

Xero revamps bank recs, injects AI

https://www.accountingtoday.com/news/xero-revamps-bank-recs-injects-ai

36:43 – HR software company Gusto raises $175 million

https://www.axios.com/gusto-fundraising-175-million-f2bb33ba-fced-4343-8a7b-0aa6a5d6dbbe.html

Gusto Raises $175M in Series E Funding

https://www.finsmes.com/2021/08/gusto-raises-175m-in-series-e-funding.html

38:20 – Accounting firm FreshBooks hits unicorn status, plans global growth after raising US$130-million

https://financialpost.com/news/fp-street/accounting-firm-freshbooks-hits-unicorn-status-plans-global-growth-after-raising-us130-million

43:56 – 'Connected accounting' startup closes $13M funding round

https://www.accountingtoday.com/news/connected-accounting-startup-lockstep-closes-13m-series-a-funding-round

Lockstep Website

https://lockstep.io/

46:36 – New IRS tax collection notices offer QR code contact option

https://www.dontmesswithtaxes.com/2021/08/redesigned-irs-tax-collection-notices-now-offer-qr-code-contact-option.html

47:36 – ZenBusiness Democratizes Small Business Finance With New All-Inclusive Payments App ZenBusiness Money
https://www.businesswire.com/news/home/20210810005143/en/ZenBusiness-Democratizes-Small-Business-Finance-With-New-All-Inclusive-Payments-App-ZenBusiness-Money

50:29 – US Bank to Buy Bento Technologies

https://www.pymnts.com/news/partnerships-acquisitions/2021/us-bank-to-buy-biz-expense-management-platform-bento-technologies/

53:13 – Announcing Check + Quickbooks Online – Check

https://www.checkhq.com/post/announcing-check-quickbooks-online?utm_source=pocket_mylist

53:44 – The news from you! We’ve got reviews! Thank you, Cbordeaux, Amanda from NOLA, Rachael, and Eddie Valls!

55:35 – As if reviews weren’t enough, we got voicemail! Thank you, Scott Scarano!

Get 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

Accounting Firm FreshBooks Becomes A Unicorn

The Accounting Podcast

Accounting Firm FreshBooks Becomes A Unicorn