Blake and David dive straight into the headlines, starting with the controversial IRS workforce cuts and their potential impact on tax collections. They examine corporate espionage allegations between payroll companies Rippling and Deel, including a complex web of legal battles, Russian connections, and political involvement, and go on to discuss how AI is rapidly improving at handling longer tasks. All this and much more, right now!

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Chapters

(00:31) - Exciting Stories and Headlines
(03:07) - Live Stream Shoutouts
(05:08) - Earmark Podcast and CPE Credits
(10:56) - IRS Workforce Cuts and Tax Gap
(30:13) - Rippling vs. Deel Espionage Saga
(41:20) - Evolve Bank and Trust Controversies
(42:39) - Rippling and Deal Lawsuit Drama
(42:57) - Political Connections and Scandals
(44:31) - The Future of AI in Accounting
(46:36) - AI Performance and Moore's Law
(50:42) - AI's Impact on Accounting Tasks
(54:43) - Live Demonstration with Claude AI
(01:08:27) - The Future of Accountants in an AI World
(01:20:45) - Conclusion and Upcoming Events

Show Notes

7,000 IRS workers ‘reinstated’ — but not yet returning to work

https://www.journalofaccountancy.com/news/2025/mar/7000-irs-workers-reinstated-but-not-yet-returning-to-work/

IRS Retreats From Some Audits as Agency Slashes Workforce

https://www.wsj.com/politics/policy/internal-revenue-service-doge-taxes-f00ac956

Opinion | With IRS cuts, DOGE would lose far more money ...

https://www.washingtonpost.com/opinions/2025/03/13/doge-irs-cuts-tax-revenue/

Former Defense Contractor and his Wife Indicted for Evading U.S. Taxes on Profits from Selling Jet Fuel to the U.S. Military

https://www.irs.gov/pub/irs-ci/j5-media-release-7-3-2024.pdf

Lawsuit Alleges $12 Billion "Unicorn" Deel Cultivated Spy, Orchestrated Long-Running Trade-Secret Theft & Corporate Espionage Against Competitor

https://www.rippling.com/blog/lawsuit-alleges-12-billion-unicorn-deel-cultivated-spy-orchestrated-long-running-trade-secret-theft-corporate-espionage-against-competitor

IRS in Crisis: Tax Professionals Bear the Brunt

https://cpatrendlines.com/2019/02/26/taxpayer-advocate-lambastes-irs/

Measuring AI Ability to Complete Long Tasks

https://metr.org/blog/2025-03-19-measuring-ai-ability-to-complete-long-tasks/

Earmark Podcast – Ep. 87 - How to Use AI to Analyze Data and Draft Financial Reports in Minutes

https://share.transistor.fm/s/c86818f5

Earmark’s Screening of The Accountant 2

https://www.eventbrite.com/e/screening-of-the-accountant-2-tickets-1225264421869?aff=EarmarkApp

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Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Fired IRS Workers Reinstated, Rippling v. Deel, DOGE Cuts Consultants

The Accounting Podcast