The Accounting Podcast

Could AI Replace CFOs & Time Tracking 188 IRS Calls

October 7, 2026·53 min
Episode Description from the Publisher

Could AI replace your CFO or simply make their job more exhausting? Blake and David debate automation’s limits, unpack an enrolled agent’s log of 188 IRS calls, and explore proposed reforms to taxpayer service. They also examine why AI is putting pressure on billable hours, gaps in AI safety audit requirements, and a romance scam victim’s $225,000 tax bill. Learn what these developments could mean for your firm, clients, and workload.SponsorsOnPay - http://accountingpodcast.promo/onpayNumeral - http://accountingpodcast.promo/numeralSavantLabs - http://accountingpodcast.promo/savantCloud Accountant Staffing - http://accountingpodcast.promo/casChapters(00:00) - TAP 508 (02:40) - Can AI replace executives (03:38) - Survey results and divides (06:03) - Why AI can't lead yet (12:18) - EA tracks IRS call hell (13:54) - IRS chatbots and america.gov (15:50) - IRS and ICE data sharing (17:42) - IRS modernization bill highlights (22:45) - Tax fraud and complexity costs (25:53) - Influencer deductions in tax court (28:00) - Influencer Expenses Denied (28:45) - Accountant With Bad Records (29:38) - Romance Scam Tax Bill (31:25) - ‌ (33:01) - AI Agents Breach Systems (42:13) - Big Law Versus AI Billing (47:44) - Illinois AI Audit Mandate (52:07) - Meta Muse Integrations (52:31) - Wrap Up And Events  Show NotesCould AI replace CFOs and other top executives?https://www.cfo.com/news/could-ai-replace-cfos-and-other-top-executives-watch-chest-ai-/827098/IRS Hold Times in 2026: What 188 Timed Calls to the IRS Actually Showedhttps://claritytaxrelief.com/blog/irs-hold-times-study-188-calls/Appeals court blocks IRS from sharing taxpayer info with ICEhttps://www.accountingtoday.com/news/appeals-court-blocks-irs-from-sharing-taxpayer-info-with-iceSenate unanimously passes TAS Acthttps://www.accountingtoday.com/news/senate-unanimously-passes-tas-actCongress approves funding bill that maintains IRS budgethttps://www.journalofaccountancy.com/news/2026/sep/congress-approves-funding-bill-that-maintains-irs-budget/GAO tax fraud estimate puts annual losses at up to $304 billionhttps://www.journalofaccountancy.com/news/2026/sep/gao-tax-fraud-estimate-puts-annual-losses-at-up-to-304-billion/Tax Complexity Now Costs the US Economy over $544 Billion Annuallyhttps://taxfoundation.org/data/all/federal/irs-tax-complexity-costs-us-economy-over-544-billion-annually/Paying For Clout Isn't A Business Expense: Tax Court Lessons For Social Media Creatorshttps://abovethelaw.com/2026/08/paying-for-clout-isnt-a-business-expense-tax-court-lessons-for-social-media-creators/A North Carolina Woman Lost $600,000 to a Scam. Then an Unexpected IRS Bill Arrivedhttps://www.cpapracticeadvisor.com/?p=190730EY staffers accused of accessing Australia PM's bank accounthttps://www.accountingtoday.com/articles/ey-staffers-accused-of-accessing-australia-pms-bank-account'Extreme concern' over first known AI hack of a government systemhttps://www.cnn.com/2026/09/23/business/australia-openai-agent-hack-intl-hnkOpenAI alerts more than 100 groups about rogue AI agent activity<a href="https://www.thestar.com.my/tech/tech-news/2026/10/02/openai-alerts-more-than-100-groups-about-rogue-ai-agent-

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