About this episode

Blake and David discuss the impact of AI on accounting, Intuit's stock decline, and Trump's IRS settlement.

Is AI about to break the billable hour? Blake and David unpack what they heard at a major AI tax summit, where new tools promise to prepare complex returns in minutes instead of hours. They also debate Intuit’s stock slide, Trump’s extraordinary IRS settlement, and what shrinking oversight at the PCAOB could mean. You’ll hear where AI is already changing accounting—and where humans still matter most. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas The Value Builder System - http://accountingpodcast.promo/value OnPay - http://accountingpodcast.promo/onpay Maxima. AI - http://accountingpodcast.promo/maxima Chapters (00:00) - TAP 489 (02:24) - Blackor AI Tax Summit (03:14) - AI Agents Disrupt Tax (07:16) - Billable Hour Pressure (09:00) - Advisory Future Forecast (10:14) - Intuit Stock Shock (12:29) - TurboTax vs Tax Pros (17:31) - Intuit Layoffs Strategy (20:04) - Trump IRS Settlement (24:59) - PCAOB SEC Shakeup (27:33) - OnPay Payroll Pitch (28:42) - IRS Mystery Payments (30:48) - Busy Season Burnout (33:35) - California SaaS Tax Plan (34:54) - Big Four AI Hallucinations (36:48) - Are Consultants Replaceable (40:03) - AI Job Loss Chart (43:50) - Maxima…

People in this episode

Hosts: Blake Oliver, David Leary

Topics covered

• AI in accounting
• Intuit stock
• IRS settlement
• PCAOB oversight
• billable hour
• tax preparation

Keywords

• AI tax summit
• Intuit layoffs
• TurboTax
• IRS
• PCAOB
• billable hour
• tax professionals
• advisory services

Sponsors

Cloud Accountant Staffing, The Value Builder System, OnPay, Maxima. AI

Mentioned in this episode

Organizations: Intuit, PCAOB, TurboTax

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