How Much Will World Cup Players Pay in Taxes & Xero's New AI Agent Builder

July 17 · 1 hr 2 min · Episode 496 · 60.4 MB

0:00-1:02:49

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What do World Cup taxes, AI-built accounting tools, and remote work have in common? In this episode, Blake and David unpack how tax rules hit global athletes and sports bettors, why Xero’s new AI products signal a shift toward accountants building their own software, and where firms still face risk with audit standards, cybersecurity, and homegrown apps. You’ll also hear what’s really happening with remote work and a listener correction on Trump accounts.

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Chapters

(00:00) - Cold Open and Welcome
(00:27) - World Cup Chat Setup
(04:04) - World Cup Player Taxes
(06:58) - Betting and Prediction Taxes
(09:47) - Xerocon London Highlights
(12:58) - Xero Ultra Midmarket Push
(15:31) - Xero Force Agent Builder
(20:56) - More Xero Updates
(23:22) - App News Canopy Close
(26:13) - TaxDome Kiosk In Person
(27:34) - Rippling Banking Payroll
(29:37) - Exit Readiness Pitch
(30:30) - AI Audits Need Rules
(32:40) - QC 1000 Rollbacks
(35:58) - CBIZ Activist Pressure
(39:04) - Vibe Coding Boom
(40:41) - DIY Tools Hidden Risks
(48:05) - WISP Versus Security
(48:57) - Remote Work Reality
(50:13) - AI Usage Cost Chaos
(54:13) - Trump Accounts Correction
(58:23) - AI Handles CPE Reporting
(01:01:13) - CPE Plug And Farewell

Show Notes

World Cup players face tax penalties

https://www.accountingtoday.com/news/world-cup-players-face-tax-penalties

How Much Will World Cup Players Pay in Taxes? In 2026, FIFA is the Real Winner

https://www.cpapracticeadvisor.com/2026/07/06/fifa-is-the-real-winner-of-the-2026-world-cup/186247/

World Cup Betting Tax Rules Differ for Prediction Markets, Sportsbooks

https://www.bloomberg.com/news/articles/2026-07-12/world-cup-betting-tax-rules-differ-for-prediction-markets-sportsbooks

Xero CEO on AI, the builder class and Xero at 20

https://www.accountingweb.co.uk/tech/tech-pulse/xero-ceo-on-ai-the-builder-class-and-xero-at-20

How we're building Xero to scale with growing businesses

https://blog.xero.com/product-updates/xero-ultra-launch-scaling-businesses/

Introducing XeroForce: Your no code custom AI agent builder for financial workflows

https://blog.xero.com/news-events/introducing-xeroforce-ai-agent-builder/

Paying your bills just got cheaper: Standard ACH is now free in Xero

https://blog.xero.com/product-updates/paying-your-bills-just-got-cheaper-standard-ach-is-now-free-in-xero/

Xerocon London 2026: The Agentic Era Has Arrived for Small Business Finance

https://blog.xero.com/product-updates/xerocon-london-2026-agentic-era-small-business-finance/

TaxDome Launches Kiosk: The In-Person Client Experience, Now Digitally Integrated

https://www.cpapracticeadvisor.com/2026/06/09/taxdome-launches-kiosk-the-in-person-client-experience-now-digitally-integrated/184868/

Rippling Launches Business Banking

https://www.cpapracticeadvisor.com/2026/06/23/rippling-launches-business-banking/185574/

MindBridge urges clearer PCAOB guidance on AI audits

https://itbrief.co.uk/story/mindbridge-urges-clearer-pcaob-guidance-on-ai-audits

PCAOB Issues Proposed Amendments to QC 1000 and Seeks Public Comment

https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-issues-proposed-amendments-to-qc-1000-and-seeks-public-comment

Restarting the M&A Flywheel — CBIZ, Inc.

https://cbizflywheel.com/

Starbucks starts vibe coding enterprise stack

https://www.semafor.com/article/07/09/2026/starbucks-starts-vibe-coding-enterprise-stack

Software vendors aren't losing sleep over vibe-coding — yet

https://www.accountingtoday.com/news/software-vendors-arent-losing-sleep-over-vibe-coding-yet

Most accounting firms can be impersonated by email – we checked 275 of them

https://www.accountantsdaily.com.au/business/22638-most-accounting-firms-can-be-impersonated-by-email-we-checked-275-of-them

Despite return-to-office crackdowns, remote work is alive and well as the rate has barely changed over the last two years

https://fortune.com/2026/07/05/remote-work-data-shows-hybrid-and-flexible-work-arrangements-are-here-to-stay-census-data/

AI bills are baffling the C-suite after shift to usage-based pricing

https://www.theregister.com/ai-and-ml/2026/07/03/ai-bills-are-baffling-the-c-suite-after-shift-to-usage-based-pricing/5266383

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Get in Touch

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