I Built My Own AI Agent to Reconcile My Books. Here's Where It Breaks.
I built an AI agent to reconcile my books — it works 80% of the time. Join me and Sasha Orloff live Aug 13 to compare DIY vs. purpose-built AI agents.
The IRS Can’t Tell Who’s Real Anymore
The IRS is drowning in comments. According to a recent GAO report, covered by Michael Cohn in Accounting Today, the IRS is being swamped by public feedback on proposed tax regulations. A growing share of it is AI-generated. And the agency has no reliable way to tell which comments come from real people and which came from a chatbot with an agenda.
Is AI Cutting Accounting Jobs? Or Creating Them?
Nearly half of finance professionals spend more than 15 hours a week checking AI's work. Nineteen percent spend over 30 hours a week doing it. Sage calls this the "verification tax." We keep hearing that, as AI does more of the work, firms will need fewer people. But look at what's actually happening at companies investing heavily in AI, and the story falls apart.
Your $30K Software Has a $300K Blind Spot
Two firms turned down six-figure quotes to have vendors develop custom software and vibe coded their own solutions, instead. It sounds like serious cost savings. But there’s another cost that doesn’t show up on any invoice.
AI Took Away the Entry-Level Work. Is Training About to Get Better?
KPMG is testing a new training tool called TaxSIM, developed with Centaurian AI. Instead of having new hires grind through thousands of hours of real client prep work to build judgment, TaxSIM throws them into rapid-fire simulated tax scenarios.
The IRS Made Hourly Billing a Compliance Risk. So Why Are You Still Doing It?
The IRS recently handed firm owners a perfect excuse to finally kill the billable hour (and a massive regulatory headache if they don’t). If you’re still charging by the hour for tax prep while using AI, you might accidentally be violating Circular 230.
Earn Free CPE: The Future of Accounting Is Human
Karl Paadam made partner at PwC Estonia at 26. Then he left to spend a decade in tech. Now he's back, building a firm on a thesis that sounds backwards at first: the future of accounting is human.
AI Does Two Years of Bookkeeping in Four Hours. So Why Are Fees Going Up?
I just did two years of bookkeeping in four hours. Tax prep work is being automated, too. Meanwhile, CPA firms are raising fees by 8% a year. Something doesn't add up.
Florida Almost Eliminated the Board of Accountancy. Twice.
A 550-page bill nearly wiped out the Florida Board of Accountancy in 2025 and again in 2026. It passed the House in 18 days. Most of the accounting profession had no idea it was happening.
How KPMG's AI Dashboard Backfired
KPMG rolled out an AI usage dashboard in late 2025. The target, according to reporting we covered on the show, was roughly 75% of the working day. Three out of four days, you need to be in an AI tool, doing something. So what did KPMG's people do? They had AI summarize emails they'd already read. They asked it to make drawings. Anything to show activity on the dashboard. There's a name for this now: token maxxing.