The Accounting Podcast

Accounting for the U.S. Iran War


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What do tariffs, war, AI agents, and a collapsed accounting startup have in common? This week, Blake and David connect the dots between rising economic pressure and rapid tech change. They break down the lopsided cost of drone warfare, small businesses getting crushed by tariffs, AI tools handling tax and bookkeeping tasks, and new details on Botkeeper’s collapse. You’ll hear what these shifts could mean for accountants, firms, and the future of the profession.

Sponsors
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Chapters
  • (01:27) - Sponsor Break UNC
  • (02:46) - War Costs and Drones
  • (08:58) - GPT 5.4 for Accountants
  • (11:13) - AI Agent Files City Tax
  • (15:23) - Claude Skill for Tax Prep
  • (17:11) - Sponsor Break OnPay
  • (18:55) - Gemini Makes Theme Music
  • (22:33) - Uber CEO AI Clone
  • (24:22) - Botkeeper Collapse Follow Up
  • (31:13) - QuickBooks Integration Doubts
  • (31:53) - Cloud Accountant Staffing Spot
  • (32:59) - KPMG Earnings Leak Theory
  • (37:23) - Zapier AI Guardrails
  • (39:43) - 401k Hardship Withdrawals Rise
  • (43:02) - Tariff Refunds and AI Lawsuits
  • (46:27) - Trump v Trump IRS Lawsuit
  • (48:43) - IRS Union Contract Termination
  • (50:01) - Direct File Act Returns
  • (51:56) - Meta 16B Tax Fight
  • (54:33) - Trump Accounts Auto Enrollment
  • (56:13) - Accounting Degrees Loan Limits
  • (57:39) - CPE App and Sign Off
  •  


    Show Notes

    Iran's Drones Cost a Fraction of the U.S. Weapons Shooting Them Down 

    https://www.nytimes.com/2026/03/04/business/iran-drones-us-weapons-cost.html

     

    Introducing GPT-5.4 

    https://openai.com/index/introducing-gpt-5-4/

     

    Breaking Up with TurboTax: How I Used Claude to File My Taxes for Free 

    https://kachess.dev/taxes/ai/personal-finance/2026/02/27/breaking-up-with-turbotax.html

     

    Show HN: Claude Skill to Do Your Taxes 

    https://news.ycombinator.com/item?id=47277164

     

    Enrico Palmerino Explains Botkeeper's Fall 

    https://www.accountingtoday.com/news/enrico-palmerino-explains-botkeepers-fall

     

    Uber CEO Dara Khosrowshahi Has an AI Clone 

    https://www.fastcompany.com/91500087/uber-ceo-dara-khosrowshahi-has-an-ai-clone

     

    KPMG-Audited Companies Are Trading Strangely on Polymarket 

    https://eventwaves.substack.com/p/kpmg-audited-companies-are-trading

     

    Zapier Updates: AI Guardrails & Governance Controls 

    https://zapier.com/blog/february-2026-product-updates/

     

    Record Numbers of Workers Are Raiding Their 401(k) Savings 

    https://www.wsj.com/personal-finance/retirement/401k-hardship-withdrawals-record-vanguard-2025

     

    For Some Small Businesses, a Tariff Refund Isn't Worth the Pain of Pursuing It 

    https://finance.yahoo.com/news/small-businesses-tariff-refund-isnt-worth-pain-pursuing-it.html

     

    Trump's IRS Lawsuit Offers Lessons on Privacy and Legal Process 

    https://news.bloombergtax.com/tax-insights-and-commentary/trumps-irs-lawsuit-offers-lessons-on-privacy-and-legal-process

     

    Democrats Unveil Bill to Resurrect Direct File 

    https://www.accountingtoday.com/news/democrats-unveil-bill-to-resurrect-direct-file

     

    I.R.S. Tactics Against Meta Open a New Front in the Corporate Tax Fight 

    https://www.nytimes.com/2026/02/24/business/irs-meta-tax-ireland.html

     

    IRS Should Open Trump Accounts for Eligible Children Automatically, AICPA Says 

    https://www.journalofaccountancy.com/news/2026/feb/irs-should-open-trump-accounts-for-eligible-children-automatically-aicpa-says/

     

    NASBA Urges U.S. Department of Education to Restore "Professional" Status for Accounting Degrees

    https://nasba.org/blog/2026/03/05/status-for-accounting-degrees/

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    Get in Touch

    Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.


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    The Accounting PodcastBy Blake Oliver & David Leary

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