The Accounting Podcast

SCOTUS just struck down Trump’s global tariffs—so who gets the $133B back, and how can firms capture advisory fees helping clients claim refunds? Blake and David unpack importer-of-record refunds, contingency-fee questions, and why “that’s pure profit.” Plus: taxpayers’ trust in AI tax prep is falling, creators’ $205B economy is a prime niche, TurboTax’s Uber-to-the-office play, Big Law’s $3,400/hour AI squeeze, and Dawn Brolin’s nonprofit sending first-timers to conferences you can support.


Chapters

• (00:00) - TAP 476
• (02:53) - Who Gets the Tariff Refunds? Importer of Record & Profit Impact
• (05:28) - Big Opportunity for Accounting Firms: Tariff Refund Advisory & Fees
• (08:55) - Flashback Clip: We Called the Tariff Ruling Months Ago
• (12:59) - Sponsors + Trump’s Next Move: New Tariff Authority Workarounds
• (15:04) - Live Q&A: If Tariffs Were Passed to Buyers, Who Gets Paid Back?
• (16:46) - IRS Update: Average Refunds Up, But Median Still Unknown
• (18:13) - Taxpayers Trust AI Less for Filing + Creator Economy Tax Niche
• (22:13) - TurboTax + Uber Rides: The Customer Experience Arms Race
• (27:12) - Sponsor Break + Business Tax Shift: FASB Country-by-Country Disclosures
• (30:19) - IRS Still Drowning in Paper: Digitization Goals Missed
• (31:41) - Gambling Loss Deduction Cut to 90%: Why Break-Even Gamblers Still Owe Tax
• (32:58) - Skims vs. New Jersey: Sales Tax ‘Technical Error’ and the $200K Penalty
• (34:06) - Big Law’s Billable Hour Squeeze: AI Cuts Hours, Partners Jack Up Rates
• (36:12) - DIY Legal Work with ChatGPT: When a $30 Subscription Replaces a Lawyer
• (37:51) - Big Tech’s AI Data Centers Create a Depreciation Blind Spot for Investors
• (41:50) - KPMG Partner Fined for Using AI to ‘Cheat’ on an AI Exam
• (43:21) - Congress Targets the Pentagon’s Audit Failures: The ‘RECEIPTS Act’
• (47:52) - Only 2–3 Hours of Deep Work a Day: Meetings, App Overload, and Hybrid Teams
• (50:17) - Interview: Accounting Cornerstone Foundation Helps First-Timers Attend Conferences
• (52:09) - How the Foundation Works: Funding, Emotional Support, and Picking Awardees
• (56:36) - Impact Stories & What’s Next: Alumni Mentorship, Fundraising, and Growing the Mission
• (01:00:16) - Wrap-Up: How to Support + Earn CPE/CE Credits in the Earmark App

 

Supreme Court Rules 6-3 That IEEPA Does Not Authorize the President to Impose Tariffs

 

Supreme Court Strikes Down Most of Trump's Tariffs in a Major Blow to the President

 

Supreme Court Strikes Down IEEPA Tariffs — What Now?

 

IRS Average Refunds Up $200 This Filing Season

 

Most Taxpayers Trust Tax Pros Over AI for Tax Preparation, Survey Finds

 

Online Creators Worried About Finances and Income Taxes — A Growing Opportunity for Tax and Accounting Pros

 

Intuit TurboTax Delivers the Ultimate "Done-For-You" Tax Experience Powered by AI and Human Intelligence With Uber Rides

 

US Companies Pay More Taxes Abroad Than Here

 

IRS Falls Far Short on Paperless Processing Goal

 

Will the OBBBA Gambling Deduction Change Be Reversed?

 

Kim Kardashian's Clothing Company Settles New Jersey Sales Tax Allegations

 

Big Tech Accounting Creates a Blind Spot in the AI Boom

 

KPMG Partner in Australia Fined Over Using AI to Pass AI Test

 

Lawmakers Seek to Penalize DoD if It Fails to Pass a Clean Audit

 

New Hubstaff Research Finds Workers Average Only 2–3 Hours of Focus Time Per Day

 

Accounting Cornerstone Foundation

 

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