Coronavirus is Faster Than the Stimulus

Sponsors

• BREX: https://cloudaccountingpodcast.promo/brex
• ClockShark: https://cloudaccountingpodcast.promo/clockshark
• BQE Core: http://cloudaccountingpodcast.promo/core

Show Notes

• 03:05 - Navigating the SBA Paycheck Protection Program https://www.cloudaccountingpodcast.com/168
• 04:20 - SBA Paycheck Protection Program https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp
  • SBA issues details for Paycheck Protection Program loans https://www.journalofaccountancy.com/news/2020/apr/paycheck-protection-program-ppp-loans-sba-details-coronavirus.html - Journal of Accountancy
• 06:28 - Fun facts about PPP loan stats from Jovita Carranza, 26th Administrator of the SBA https://twitter.com/SBAJovita 
• 11:01 - Some coronavirus stimulus checks may not arrive until September https://www.accountingtoday.com/articles/some-coronavirus-stimulus-checks-may-not-arrive-until-september Accounting Today
• 17:22 - Customers Fume as Wells Fargo, Bank of America Struggle with Stimulus Loan Rollout https://www.newsweek.com/customers-fume-wells-fargo-bank-america-struggle-stimulus-loan-rollout-1496097 Newsweek
• 17:57 - Marco Rubio scolds Bank of America, via tweet https://twitter.com/marcorubio/status/1246114718990979075 
• 21:25 - SoftBank-Backed Lender Kabbage Cuts Off Businesses as Cash Needs Mount https://www.bloomberg.com/news/articles/2020-04-01/softbank-backed-lender-cuts-off-businesses-as-cash-needs-mount - Bloomberg Technology
• 23:44 - WeWork Asks Landlords to Help It Cut Its Rent Bill by Up to 30% https://www.bloomberg.com/news/articles/2020-04-01/wework-asks-landlords-to-help-it-cut-its-rent-bill-by-up-to-30 - Bloomberg Technology 
• 25:30 - Companies Form #paytoday Coalition Encouraging Enterprises and Government Agencies to Pay Their Small Business Suppliers Today https://www.globenewswire.com/news-release/2020/03/31/2009086/0/en/Companies-Form-paytoday-Coalition-Encouraging-Enterprises-And-Government-Agencies-To-Pay-Their-Small-Business-Suppliers-Today.html - GlobeNewswire
  • #PayToday https://paytoday.club
• 26:07 - Small Business Relief Initiative: QuickBooks and GoFundMe combine forces https://quickbooks.intuit.com/small-business/coronavirus/
• 26:25 Intuit announced updated resources for U.S. firms and their clients https://intuit.me/2JLAJai - Intuit
• 27:30 Going Concern's Layoff Watch '20 https://goingconcern.com/?s=Layoff+Watch+%E2%80%9920
• 28:21 BDO USA Is Cutting Everyone's Pay to Stave Off Layoffs https://goingconcern.com/bdo-cutting-pay-to-stave-off-layoffs/ - Going Concern
• 29:25 Goldman Says Recovery May Be Fastest In History https://www.pymnts.com/coronavirus/2020/goldman-says-recovery-could-be-the-fastest-in-history/ - PYMNTS
• 30:07 - Lime eyes layoffs as COVID-19 squeezes revenue https://www.bizjournals.com/sanfrancisco/news/2020/03/23/lime-eyes-layoffs-in-s-f-as-revenues-get-squeezed.html San Francisco Business Times
• 31:34 - David almost got phished! 
• 33:39 IRS issues warning about coronavirus-related scams https://proconnect.intuit.com/taxprocenter/tax-law-and-news/irs-issues-warning-about-coronavirus-related-scams/ - Tax Pro Center - Intuit 
• 33:49 Hospitals VPNs Targeted by Ransomware as COVID19 Takes its Toll https://www.infosecurity-magazine.com:443/news/hospitals-vpns-ransomware-covid19/ - Infosecurity Magazine 
• 34:41 - Idaho, Mississippi, and Virginia are the Holdouts on July 15 Tax Deadlines https://taxfoundation.org/idaho-mississippi-virginia-tax-deadline/ - Tax Foundation
• 36:58 - AICPA Calls on Accounting Profession to Support Rollout of Small Business Relief Program https://finance.yahoo.com/news/aicpa-calls-accounting-profession-support-164500760.html - Yahoo! Finance
• 40:40 - Feed our egos, and help feed people in need at the same time!  https://www.podchaser.com/podcasts/cloud-accounting-podcast-588480

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 Instagram!  You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040.

Reviews4Good

Right now, when you visit us on Podchaser, and interact, Podchaser is donating 25 cents per review - and 25 cents every time we respond to a review - to the Meals on Wheels America COVID-19 Response Fund. Pay us a visit on