Episode Details

Sponsors

• Justworks: https://cloudaccountingpodcast.promo/justworks
• AccountingSuite: https://cloudaccountingpodcast.promo/asuite
• BQE Core: http://cloudaccountingpodcast.promo/core

Show Notes

• 03:34 - Get Down with PPP - YouTube
• 06:24 - Bankers Rebuke S.B.A. as Loan System Crashes in Flood of Applications - NYTimes
• 08:08 - SBA, Treasury ban use of RPA to submit PPP loans - Journal of Accountancy
• 09:03 - Mnuchin sends top deputy to fix small-business loan mess - Politico
• 09:46 - Steven Mnuchin goes after private schools with big endowments - Twitter
• 12:00 - Update: Latest in regulations and government changes prompted by COVID-19 - Armanino
• 12:40 - Mnuchin: All PPP Loan Recipients Will Face Audits - PYMNTS.com
  • Justice Department investigating possible PPP application fraud - CNBC
• 13:56 - IRS: Companies who receive PPP loans will not qualify for tax deductions - The Hill
• 17:32 - Hotelier’s Push for $126 Million in Small-Business Aid Draws Scrutiny - NYTimes
• 21:47 - Gene Marks says blame banks and big businesses:
  • Shake Shack handed back its $10m loan. But that's no reason to applaud | Gene Marks - The Guardian
  • America's big banks should be ashamed of themselves - The Hill
• 25:17 - AICPA makes PPP loan forgiveness recommendations - Journal of Accountancy
• 25:53 - AICPA challenging nondeductibility of PPP-related expenses - Journal of Accountancy
• 28:05 - SMBSNew Data: Separating The PPP Haves, Have Nots and Don’t Wants - PYMNTS.com
• 28:40 - More PPP Discussion from Episode 172
• 29:00 - PPP Is No Panacea, But Is Crucial To SMB Outlook - PYMNTS
• 31:48 - Fed Turns To Banks For Feedback On Main Street Lending Program - PYMNTS.co