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The AI Agent That Can Do A Partnership Tax Return

The AI Agent That Can Do A Partnership Tax Return

Episode 477 Published 3 months, 1 week ago
Description

Can an AI prep a partnership return on its own? Blake and David dig into Basis’s $100M unicorn claim, Intuit’s OpenAI/Anthropic tie-ups and Claude Cowork, and what it means for firms. They also cover how to capitalize on tariff refund lawsuits, the Senate’s push to regulate tax preparers, and the SEC weighing twice-a-year reporting—plus a quick warning about the fake “IRS locker” scam. You’ll learn where AI helps now, what to watch, and how to advise clients.

Sponsors
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
OnPay - http://accountingpodcast.promo/onpay
UNC - http://accountingpodcast.promo/unc


Chapters
  • (00:00) - Welcome and Headlines
  • (01:51) - Sponsor Cloud Staffing
  • (03:10) - Tariffs Legal Fallout
  • (05:50) - Refund Lawsuit Wave
  • (09:02) - Basis AI Unicorn
  • (15:23) - Intuit Earnings AI Blitz
  • (25:59) - Claude Cowork Automation
  • (32:16) - Managing Agents at Work
  • (34:21) - AI PR Pay Boom
  • (36:46) - AI Agents for Accounting
  • (37:39) - SaaS Giants vs AI
  • (39:01) - Finance Grade AI Trust
  • (41:22) - IBM COBOL Shockwave
  • (43:03) - Audit Enforcement Drop
  • (44:34) - Regulating Tax Preparers
  • (45:40) - Twice a Year Reporting
  • (48:36) - Prediction Market Tax Bet
  • (50:43) - Washington CPA Outsourcing
  • (54:37) - IRS Onboarding Fumbles
  • (55:32) - Crypto Fat Finger Disaster
  • (01:00:01) - IRS Locker Scam Warning
  • (01:02:13) - Livestream Q&A Wrap
  • (01:06:19) - Book and Earmark Outro
 


Show Notes

Supreme Court Strikes Down Trump's Sweeping Tariffs

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

Trump's New Tariffs Under Section 122 Are Probably Also Illegal

https://edition.cnn.com/2026/03/01/business/trump-tariffs-supreme-court-section-122

1,800+ Companies Suing for $130 Billion in Tariff Refunds

https://www.entrepreneur.com/growing-a-business/1800-companies-are-suing-for-130b-in-tariff-refunds/503034

AI-for-Accounting Startup Basis Hits $1.15 Billion Valuation

https://www.bloomberg.com/news/articles/2026-02-24/ai-for-accounting-startup-basis-hits-1-15-billion-valuation

Intuit and Anthropic Partner to Bring Custom AI Agents to Consumers and Businesses

https://investors.intuit.com/news-events/press-releases/detail/1305/intuit-and-anthropic-partner-to-bring-trusted-financial-intelligence-and-custom-ai-agents-to-consumers-and-businesses

Intuit Q2 2026 Earnings Call Transcript

https://www.fool.com/earnings/call-transcripts/2026/02/26/intuit-intu-q2-2026-earnings-call-transcript/

IBM Shares Plunge as Anthropic Touts COBOL Modernization Efforts

http

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