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The Accounting Podcast

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

May 7 · 1 hr 4 min · Episode 486 · 61.6 MB
0:00-1:04:05

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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?

https://www.accountingtoday.com/opinion/ai-can-boost-productivity-but-who-sustains-the-customer-economy


Sage Acquires Doyen AI to Help SMBs Migrate and Go Live Faster with AI

https://www.sage.com/en-us/news/press-releases/2026/04/sage-acquires-doyen-ai-to-help-smbs-migrate-and-go-live-faster-with-ai/


KPMG Closes U.S. Federal Audit Practice, Trims Advisory Staff

https://www.accountingtoday.com/news/kpmg-closes-u-s-federal-audit-practice-trims-advisory-staff


Gamers Sue Nintendo Over Tariff Refunds

https://www.gamefile.news/p/gamers-sue-nintendo-over-tariff-refunds


No, Tariffs Are Not Strengthening the Economy

https://fortune.com/2026/04/29/tariffs-not-strengthening-economy-trump-trade-war-data/


Trump's $10 Billion IRS Suit Hits Snag with Skeptical Judge

https://www.cpapracticeadvisor.com/2026/04/27/trumps-10-billion-irs-suit-hits-snag-with-skeptical-judge/182256/


IRS to Revamp Form 990 to Require More Info from Charities

https://www.accountingtoday.com/news/irs-to-revamp-form-990-to-require-more-info-from-charities


Congressman Introduces Bill to Autofill Tax Forms

https://www.accountingtoday.com/news/congressman-introduces-bill-to-autofill-tax-forms


House Passes IRS Whistleblower Program Improvement Act

https://www.accountingtoday.com/news/house-passes-irs-whistleblower-improvement-act


Accountant Job Outlook & Demand Report 2026

https://www.intuit.com/blog/innovative-thinking/accountant-job-outlook-demand-report/


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Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page