Episode Details

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.

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• (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

Show Notes

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

https://www.supremecourt.gov/opinions/25pdf/24-1287_4gcj.pdf

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

https://www.nbcnews.com/politics/supreme-court/supreme-court-strikes-trumps-tariffs-major-blow-president-rcna244827

Supreme Court Strikes Down IEEPA Tariffs — What Now?

https://www.wilmerhale.com/en/insights/client-alerts/20260220-supreme-court-strikes-down-ieepa-tariffs-what-now

IRS Average Refunds Up $200 This Filing Season

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