The Losers of AI & What CPAs Need to Know About OBBBA

Jul 17, 2025

Explore the surprising failures of AI in basic accounting tasks, with critiques on frustrating AI suggestions from popular tools like QuickBooks. Discover the serious security risks AI poses, as clients increasingly seek second opinions on their accountants' advice. The hosts break down the new 'One Big Beautiful Bill Act,' detailing valuable tax planning opportunities, including 100% bonus depreciation. Dive into the future of financial management and how AI could reshape job roles in the accounting field.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

ANECDOTE

Clients Use AI to Fact-Check Accountants

Clients are increasingly using AI to fact-check and get a second opinion on their accountants' advice.
This behavior reflects growing skepticism and reliance on AI for validation in accounting advice.

ANECDOTE

QuickBooks AI Makes Basic Errors

QuickBooks AI agents sometimes err by suggesting the same account for both debit and credit.
This mistake highlights AI's lack of integrated accounting knowledge and practical implementation flaws.

ADVICE

Use Ramp's AI Agents for Expense Management

Upload your company's expense policy into Ramp's AI to automate expense approvals and flag outliers.
Use the system's audit trail to track AI decisions and improve accuracy through user feedback.

Get the Snipd Podcast app to discover more snips from this episode

Get the app