The Accounting Podcast

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.


Chapters

• (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

 

The Treasury just declared the U.S. insolvent. The media missed it.

 

TaxGPT AI agent aims to complete the whole tax return

 

As Tax Deadline Approaches, Consumers Are Going to AI Before Filing

 

AI Efficiency Gains Push Accounting Firms to Reimagine Pricing

 

Accounting Jobs Requiring AI Skills Jump 67%

 

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 Close

 

Ramp Launches Ramp Budgets

 

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 Integration

 

Double AI Journal Entries

 

Tech News: Ramp, Canopy Both Announce AI-Powered Bookkeeping Solutions (includes Bill.com AI agents coverage)

 

Exclusive: Founded By 2 Brothers In Their 20s, YC-Backed Denki Raises $4.1M To Automate Financial Audits

 

Tether Taps Big Four Firm KPMG for First Financial Audit of $184 Billion Stablecoin Issuer

 

Americans Are Demanding Refunds from the $180 Billion in Tariffs They Paid, Including Suing Companies Like Costco

Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com

Thanks 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.

Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus.

Check out our new website - accountingconferences.com

TeePublic Store: http://cloudacctpod.link/merch

Want 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/RunClassifiedAd

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