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.

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 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.

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.

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.

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.

CBIZ's stock is down 51% over the past year. The market is sending a signal. And if you've been watching private equity's push into accounting, you should pay attention to it.

Intuit's stock is down 59%. Is AI really going to kill TurboTax? That’s the story on LinkedIn and on Wall Street right now. But as we discussed on a recent podcast episode, the real disruption target might be your firm.

If OpenAI doesn't IPO, or if the IPO disappoints, its paper gains start reversing. The index funds that bought in at inflated valuations start selling. The feedback loop runs in reverse. That's how bubbles pop. Not always in a dramatic crash, but in a slow correction as the gap between paper profits and real cash flows becomes impossible to ignore.