The Accounting Podcast

Intuit Attacks Tax Pros & IRS Can't Measure Audit Rate

Oct 4, 2024
This discussion tackles TurboTax's controversial ad campaign encouraging clients to ditch tax pros. It critically examines Intuit's pricing strategy and implications for CPA firms. Survey data on AI adoption in accounting reveals potential benefits and lagging training. The speakers explore issues surrounding IRS audit rates and the tragic consequences of work culture in accounting. Additionally, they delve into proposed changes to CPA licensure, raising concerns about NASBA's influence and advocating for greater state autonomy.
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1
Intro
00:00 • 2min
2
TurboTax's Bold Campaign Against Tax Professionals
01:53 • 2min
3
Intuit's Strategy and the Tax Professional Landscape
03:27 • 7min
4
The Importance of Local Presence in Accounting
10:19 • 2min
5
IRS Audit Challenges and Corporate Culture
12:31 • 13min
6
Maximizing Efficiency with Ignition: A Revolutionary Tool for Accountants
25:11 • 2min
7
AI Revolution in Accounting
27:11 • 4min
8
AI for Data Extraction and Research
31:23 • 7min
9
Empowering Growth Through Delegation and AI Advancement
38:42 • 3min
10
Adapting to Change: Intuit's Goals and CPA Licensure Revisions
41:45 • 5min
11
Reforming Accounting Education
46:29 • 7min
12
Modernizing Accounting Education and Enhancing CPA Mobility
53:42 • 4min
13
Concerns Over NASBA's Role in CPA Mobility
58:11 • 10min
14
Navigating the Challenges of Public Accounting and Continuing Education
01:08:25 • 5min