Show Notes
Can an AI prep a partnership return on its own? Blake and David dig into Basis’s $100M unicorn claim, Intuit’s OpenAI/Anthropic tie-ups and Claude Cowork, and what it means for firms. They also cover how to capitalize on tariff refund lawsuits, the Senate’s push to regulate tax preparers, and the SEC weighing twice-a-year reporting—plus a quick warning about the fake “IRS locker” scam. You’ll learn where AI helps now, what to watch, and how to advise clients.
Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas OnPay - http://accountingpodcast.promo/onpay UNC - http://accountingpodcast.promo/unc
Chapters (00:00) - Welcome and Headlines
(01:51) - Sponsor Cloud Staffing
(03:10) - Tariffs Legal Fallout
(05:50) - Refund Lawsuit Wave
(09:02) - Basis AI Unicorn
(15:23) - Intuit Earnings AI Blitz
(25:59) - Claude Cowork Automation
(32:16) - Managing Agents at Work
(34:21) - AI PR Pay Boom
(36:46) - AI Agents for Accounting
(37:39) - SaaS Giants vs AI
(39:01) - Finance Grade AI Trust
(41:22) - IBM COBOL Shockwave
(43:03) - Audit Enforcement Drop
(44:34) - Regulating Tax Preparers
(45:40) - Twice a Year Reporting
(48:36) - Prediction Market Tax Bet
(50:43) - Washington CPA Outsourcing
(54:37) - IRS Onboarding Fumbles
(55:32) - Crypto Fat Finger Disaster
(01:00:01) - IRS Locker Scam Warning
(01:02:13) - Livestream Q&A Wrap
(01:06:19) - Book and Earmark Outro
Show Notes Supreme Court Strikes Down Trump's Sweeping Tariffs https://www.nbcnews.com/politics/supreme-court/supreme-court-strikes-trumps-tariffs-major-blow-president-rcna244827 Trump's New Tariffs Under Section 122 Are Probably Also Illegal https://edition.cnn.com/2026/03/01/business/trump-tariffs-supreme-court-section-122 1,800+ Companies Suing for $130 Billion in Tariff Refunds https://www.entrepreneur.com/growing-a-business/1800-companies-are-suing-for-130b-in-tariff-refunds/503034 AI-for-Accounting Startup Basis Hits $1.15 Billion Valuation https://www.bloomberg.com/news/articles/2026-02-24/ai-for-accounting-startup-basis-hits-1-15-billion-valuation Intuit and Anthropic Partner to Bring Custom AI Agents to Consumers and Businesses https://investors.intuit.com/news-events/press-releases/detail/1305/intuit-and-anthropic-partner-to-bring-trusted-financial-intelligence-and-custom-ai-agents-to-consumers-and-businesses Intuit Q2 2026 Earnings Call Transcript https://www.fool.com/earnings/call-transcripts/2026/02/26/intuit-intu-q2-2026-earnings-call-transcript/ IBM Shares Plunge as Anthropic Touts COBOL Modernization Efforts https://www.cnbc.com/2026/02/23/ibm-is-the-latest-ai-casualty-shares-are-tanking-on-anthropic-cobol-threat.html AI Won't Replace Accounting Platforms — It Will Make Them More Important https://diginomica.com/ai-wont-replace-accounting-platforms-it-will-make-them-more-important Audit Enforcement Plummeted Last Year https://www.accountingtoday.com/news/audit-enforcement-plummeted-last-year Senate Finance Committee Proposes to Regulate Tax Preparers, Improve IRS Administration https://www.accountingtoday.com/news/senate-finance-committee-proposes-to-regulate-tax-preparers-improve-irs-administration SEC to Fast-Track Proposal for Semi-Annual Public Company Reporting https://www.cohenmilstein.com/sec-to-propose-rule-easing-financial-reporting-frequency-from-quarterly-to-semiannual/ Tax Nerd Bets Life Savings Against DOGE on Kalshi — and Wins https://techcrunch.com/2026/02/25/an-accountant-won-a-big-jackpot-on-kalshi-by-betting-against-doge/ Should We Be Concerned That More Than Half of New CPA Licenses in Washington State Went to International Candidates? https://www.goingconcern.com/should-we-be-concerned-that-more-than-half-of-new-cpa-licenses-issued-in-this-state-last-year-went-to-international-candidates/ IRS Failed to Equip New Hires in 2024 https://www.accountingtoday.com/news/irs-failed-to-equip-new-hires-in-2024 South Korean Crypto Exchange Bithumb Accidentally Gives Away $40+ Billion in Bitcoin https://www.cnbc.com/
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