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The Accounting Podcast

The Accounting Podcast

By: Blake Oliver & David Leary
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 The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at https://earmarkcpe.com.© 2023 Earmark Media LLC Politics & Government
Episodes
  • When Tax Day Was Party Night at the Post Office

    When Tax Day Was Party Night at the Post Office
    Apr 20 2026
    What happens when AI starts doing the audit work itself? Blake and David dig into KPMG’s prediction that routine audit testing could soon happen with almost no human auditors directly involved. They also cover the IRS’s unfinished AI projects, the end of Direct File, new tax-on-tips rules, and why firms investing more in marketing are growing faster. Press play to hear what these shifts could mean for accountants, firms, and clients.Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/casOnPay - http://accountingpodcast.promo/onpayWurthy - http://accountingpodcast.promo/wurthyChapters(00:00) - Audits Without Humans(00:22) - Tax Day Show Kickoff(02:30) - When Tax Day Hit Post Office(04:34) - E Filing Ends The Party(05:23) - This Week Top Stories(05:58) - Warehouse Fire Accounting Impact(08:52) - Compliance Time Cost(11:04) - No Tax On Tips Rules(13:44) - IRS AI Projects Stall(14:43) - Direct File Cost Debate(17:30) - Xero Os Buzzword Critique(20:32) - Can Ai Replace QuickBooks(21:23) - Reddit Claude Accounting System(22:45) - Firms Lose Stack Control(23:27) - AI Makes More Cleanup(23:58) - Tidwell Spreadsheet Accounting(25:13) - Tax Preparer Fraud Cases(27:17) - Big Four Audit Automation(30:58) - EY Office Mandate and Careers(34:01) - Firm Growth Marketing and AI(36:19) - Audit Lawsuits and Penalties(40:19) - Juno AI Tax Prep Funding(42:27) - Workers Skipping AI Review(44:36) - Agentic Frameworks and Omni(47:19) - Wrap Up and Free CPE Show NotesHow Tax Day Turned Into Party Night at the Post Officehttps://www.history.com/articles/tax-day-partiesAmericans to Spend 11.6 Billion Hours Completing Federal Compliance Formshttps://www.cpapracticeadvisor.com/2026/03/16/americans-to-spend-11-6-billion-hours-completing-federal-compliance-forms/179866/IRS Publishes List of Jobs That Qualify for 'No Tax on Tips' Provisionhttps://www.cnbc.com/2026/04/13/irs-tax-on-tips-big-beautiful-bill.htmlIRS AI Projects Fall by the Wayside Due to Staff Cutshttps://www.accountingtoday.com/news/irs-ai-projects-fall-by-the-wayside-due-to-staff-cutsIRS Inflated Direct File Costs by $45 Million in 2025https://www.cpapracticeadvisor.com/2026/03/25/irs-inflated-direct-file-costs-by-45-million-in-2025/180237/Xero OS: Your Operating System for the Future of Autonomous Financehttps://blog.xero.com/news-events/xero-os-ai-native-operating-system/Tidwell — MCP Accounting Server (Reddit reference)https://www.tidwell.comWarehouse Worker Charged in $500M Arson Attack at Kimberly-Clark Distribution Centerhttps://abc7.com/post/employee-arrested-arson-kimberly-clark-distribition-center-destroyed-massive-fire-ontario/18851549/New Jersey Tax Preparer Sentenced in Largest COVID-19 Tax Relief Fraud Casehttps://www.justice.gov/usao-nj/pr/new-jersey-man-sentenced-prison-largest-covid-19-tax-relief-fraud-scheme-countryPennsylvania Tax Preparer Jessica Cordero Faces Federal Charges in New Fraud Schemehttps://www.justice.gov/usao-edpa/pr/allentown-woman-and-two-others-charged-federal-court-wire-fraud-and-aggravated-identityIn This Critical Part of Audits, the Accountant's Role Is Shrinking Fasthttps://www.wsj.com/finance/accounting/auditors-ai-kpmg-pwc-ey-7f07d3a5KPMG Plans to Cut Up to 440 Audit Jobs in UKhttps://www.bloomberg.com/news/articles/2026-03-27/kpmg-set-to-shed-hundreds-of-auditors-as-attrition-remains-lowEY Requiring U.S. Tax Staff to Work In-Person 12 Days a Monthhttps://www.accountingtoday.com/news/ey-requiring-us-tax-staff-to-work-in-person-12-days-a-monthAI Is Changing How EY Recruits, Develops and Promotes Employeeshttps://www.businessinsider.com/ey-ai-talent-career-paths-accounting-2026High-Growth Accounting Firms Spend Twice as Much on Marketinghttps://hingemarketing.com/blog/story/marketing-financial-services-the-2025-forecastEvergrande Liquidators and PwC Head to Courthttps://www.accountingtoday.com/news/evergrande-liquidators-and-pwc-head-to-courtOntario Securities Commission Accuses KPMG of Botching Audits for Bridging Financehttps://www.accountingtoday.com/news/ontario-securities-commission-accuses-kpmg-of-botching-audits-for-bridging-financeJuno Raises $12M Seed to Scale AI Tax Preparation Platformhttps://www.cpapracticeadvisor.com/2026/04/13/juno-raises-12m-seed-to-scale-ai-tax-preparation-platform-that-automates-90-of-busy-work/181502/AI Slop Survey: A Third of Workers Rarely Check AI Output Before Using Ithttps://www.cpapracticeadvisor.com/2026/04/08/ai-slop-survey-a-third-of-workers-rarely-check-ai-output-before-using-it/181191/Agentic AI Frameworks and Artifact's Omni Platform Launchhttps://www.artifact.buildNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast:
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    49 mins
  • Perplexity Goes After Tax Prep, IRS Testing Palantir for Audits

    Perplexity Goes After Tax Prep, IRS Testing Palantir for Audits
    Apr 13 2026
    What happens when AI starts doing more than answering questions? Blake and David dig into Perplexity’s move into tax prep and bookkeeping, the IRS testing Palantir to help select audit targets, and why many firms still aren’t seeing real ROI from AI. They also unpack the surprising success of Trump accounts and what all of this could mean for accountants, firm workflows, and the future of the profession.SponsorsOnPay - http://accountingpodcast.promo/onpayCloud Accountant Staffing - http://accountingpodcast.promo/casREFRAME 2026 - http://accountingpodcast.promo/reframe2026Wurthy - http://accountingpodcast.promo/wurthyChapters(00:00) - TAP 482(02:37) - Trump Accounts Boom(07:22) - CPE With Earmark(08:38) - Perplexity Targets Taxes(12:32) - AI Agents And Moats(23:43) - Claude Cowork Bookkeeping(30:25) - Digits Outcome Pricing(30:58) - Digits Pay For Performance(31:25) - Zero Touch Guarantee(31:56) - Pricing Power Debate(32:20) - Switching GL Friction(33:11) - Reframe Conference Sponsor(34:26) - AI Security Banter(35:14) - IRS Palantir Snap Audits(39:09) - AI ROI Wrong Math(44:27) - Find The Bottleneck(46:14) - Automate Client Intake(48:02) - Claude PBC Workflow(54:40) - Weekly Close Discipline(56:13) - DHS Tax Extension Story(57:48) - Mentoring And Webinars(59:15) - Future Firm Tech Stack(01:01:45) - Wrap Up And CPE Show Notes4 Million Children Have Been Signed Up for Trump Accounts with 1 Million Claiming the $1,000 Pilot Program Contributionhttps://www.irs.gov/newsroom/4-million-children-have-been-signed-up-for-trump-accounts-with-1-million-claiming-the-1000-pilot-program-contributionIntroducing Computer for Taxeshttps://www.perplexity.ai/hub/blog/introducing-computer-for-taxesThe IRS Wants Smarter Audits. Palantir Could Help Decide Who Gets Flaggedhttps://dnyuz.com/2026/03/30/the-irs-wants-smarter-audits-palantir-could-help-decide-who-gets-flagged/Digits Announces Outcome-Based Pricinghttps://www.accountingtoday.com/news/digits-announces-outcome-based-pricingYour AI Business Case Is Built on the Wrong Mathhttps://www.cfo.com/news/your-ai-business-case-is-built-on-the-wrong-math-throughput-accounting-productivity/816014/Treasury and IRS Announce Tax Filing Relief to DHS Personnelhttps://home.treasury.gov/news/press-releases/sb0431Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifieds REFRAME 2026 - http://accountingpodcast.promo/reframe2026Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
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    1 hr and 5 mins
  • Treasury Declares US Insolvent, AI Does Taxes (with Kenji Kuramoto)

    Treasury Declares US Insolvent, AI Does Taxes (with Kenji Kuramoto)
    Apr 1 2026
    Can AI really prepare a tax return without a human touching the keyboard? Blake and David dig into a wave of new accounting tools that promise exactly that, from AI tax prep and bookkeeping agents to month-end automation. They’re joined by Kenji Kuramoto of Basis to discuss what this means for firms, pricing, and jobs. Plus: the U.S. government’s worsening balance sheet, Tether’s long-awaited audit, and why token costs may become accounting’s next big metric.SponsorsCloud Accountant Staffing - http://accountingpodcast.promo/casOnPay - http://accountingpodcast.promo/onpayUNC - http://accountingpodcast.promo/uncChapters(00:00) - TAP 481(02:34) - US Insolvency Breakdown(06:04) - Household Budget Analogy(07:49) - GAO Disclaimer Explained(08:37) - AI Tax Prep Agents(11:45) - Kenji Joins the Show(15:07) - Kenji New Role at Basis(19:40) - Basis Agents for CAS(25:36) - AI Skills and Pricing Shift(28:04) - Token Billing and FinOps(33:55) - Tokens Not Timesheets(34:17) - Delve Compliance Fallout(36:18) - Xero Adds Claude AI(38:16) - Who Really Owns Data(41:06) - Ramp Accounting Agent(45:19) - Ramp Budgets Reality Check(48:27) - Canopy Bookkeeping Module(53:11) - Billcom Agents Soapbox(55:09) - Audit Tech Fundraising(56:37) - Tether Finally Gets Audited(59:52) - Costco Tariff Refund Lawsuit(01:02:16) - Wrap Up And CPE Show NotesThe Treasury just declared the U.S. insolvent. The media missed it.https://fortune.com/2026/03/23/us-government-insolvent-fiscal-crisis-fix/ TaxGPT AI agent aims to complete the whole tax returnhttps://www.accountingtoday.com/news/taxgpt-touts-ai-that-automatically-completes-returns-from-start-to-finish As Tax Deadline Approaches, Consumers Are Going to AI Before Filinghttps://www.pymnts.com/taxes/2026/as-tax-deadline-approaches-consumers-are-going-to-ai-before-filing/ AI Efficiency Gains Push Accounting Firms to Reimagine Pricinghttps://news.bloomberglaw.com/ip-law/ai-efficiency-gains-push-accounting-firms-to-reimagine-pricing Accounting Jobs Requiring AI Skills Jump 67%https://www.accountingtoday.com/news/accounting-jobs-requiring-ai-skills-jump-67 Xero and Anthropic Collaborate to Bring AI-Powered Financial Intelligence to Millions of Small Businesseshttps://www.businesswire.com/news/home/20260326956055/en/Xero-and-Anthropic-Collaborate-to-Bring-AI-Powered-Financial-Intelligence-to-Millions-of-Small-Businesses Ramp Launches Accounting Agent to Automate Bookkeeping with Real-Time Closehttps://www.prnewswire.com/news-releases/ramp-launches-accounting-agent-to-automate-bookkeeping-with-real-time-close-302686214.html Ramp Launches Ramp Budgetshttps://www.prnewswire.com/news-releases/ramp-launches-ramp-budgets-302667840.html Canopy Unveils Canopy Bookkeeping to Eliminate Month-End Friction for Accounting and CAS Teamshttps://www.morningstar.com/news/business-wire/20260211348515/canopy-unveils-canopy-bookkeeping-to-eliminate-month-end-friction-for-accounting-and-cas-teams Canopy Expands Tax Workflow With AI-Powered Tax Preparation Through New Filed Integrationhttps://www.getcanopy.com/blog/canopy-expands-tax-workflow-with-ai-powered-tax-preparation-through-new-filed-integration Double AI Journal Entrieshttps://doublehq.com/ai-journal-entries/ Tech News: Ramp, Canopy Both Announce AI-Powered Bookkeeping Solutions (includes Bill.com AI agents coverage)https://www.accountingtoday.com/list/tech-news-ramp-canopy-both-announce-ai-powered-bookkeeping-solutions Exclusive: Founded By 2 Brothers In Their 20s, YC-Backed Denki Raises $4.1M To Automate Financial Auditshttps://news.crunchbase.com/venture/yc-backed-denki-raise-financial-audit-automation-ai/ Tether Taps Big Four Firm KPMG for First Financial Audit of $184 Billion Stablecoin Issuerhttps://www.theblock.co/post/395423/tether-taps-kpmg-for-first-financial-audit Americans Are Demanding Refunds from the $180 Billion in Tariffs They Paid, Including Suing Companies Like Costcohttps://fortune.com/2026/03/13/americans-demanding-tariff-refunds-suing-costco-fedex/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details,
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    1 hr and 4 mins
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