An AI-Powered Firm of One, KPMG Shuts Down Fed Audits

An AI-Powered Firm of One, KPMG Shuts Down Fed Audits

May 7, 2026 · 1h 6m · Episode 486

About this episode

The episode discusses the impact of AI on accounting firms, KPMG's exit from federal audits, and various updates in the tax and accounting landscape.

Sponsors OnPay - http://accountingpodcast.promo/onpay R.E. Cost Seg - http://accountingpodcast.promo/recostseg C&R Consulting - http://accountingpodcast.promo/cnr Fishbowl - http://accountingpodcast.promo/fishbowl Chapters (00:00) - TAP 486 (02:25) - Firm of One AI Tax (04:39) - Automating Firm Ops (09:35) - Claude Connectors Tested (17:45) - Sage Buys Doyen AI (19:48) - AI Efficiency Paradox (22:06) - Vibe Coding for CAS (26:06) - KPMG Federal Audit Exit (29:02) - Tariff Refund Lawsuits (31:15) - Tariffs and Job Losses (33:01) - IRS Lawsuit Snag (33:28) - Hearing Conflict Question (33:49) - Nonprofit Form 990 Shakeup (37:30) - Autofill Tax Return Bill (38:54) - IRS Whistleblower Boost (40:38) - Fed Nominee And Rates (42:39) - Jobs Data Doesn’t Add Up (44:28) - Intuit Hiring And Benefits (47:26) - Canopy AI Coworker Agents (52:34) - AI Meeting Notes To Tasks (54:58) - Procrastination Pays In AI (58:42) - Wrap Up CPE And Events Show Notes The 2026 Best Accounting Firms for Technology https://www.accountingtoday.com/list/the-2026-best-accounting-firms-for-technology AI Can Boost Productivity, but Who Sustains the Customer Economy…

People in this episode

Hosts: Blake Oliver, David Leary

Topics covered

Keywords

Sponsors

OnPay, R.E. Cost Seg, C&R Consulting, Fishbowl

Mentioned in this episode

Organizations: KPMG, Sage, IRS

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