The Accounting Podcast

← The Accounting Podcast2. Sept. · 1 Std. 16 Min.

TurboTax Losing Customers Over Price, Thomson Reuters Builds Own AI

TurboTax Losing Customers Over Price, Thomson Reuters Builds Own AI2. Sept.1 Std. 16 Min.

Can AI make tax prep cheaper without replacing the experts behind it? Hector Garcia joins Blake and David to unpack Intuit’s TurboTax pricing pressure, QuickBooks’ push into the mid-market, and whether AI-powered services are a bridge to automation. They also examine Thomson Reuters’ proprietary tax-and-legal AI model, Relate’s $100 million raise, and a student’s unusual path onto the New Mexico Board of Accountancy.

Sponsors

Cloud Accountant Staffing - http://accountingpodcast.promo/cas

Thomson Reuters - http://accountingpodcast.promo/taxautomation

OnPay - http://accountingpodcast.promo/onpay

Savant Labs - http://accountingpodcast.promo/savant

Chapters

(00:00) - TAP 503

(02:47) - Intuit earnings overview

(03:52) - Meet Hector Garcia

(04:40) - Intuit stock and AI fears

(07:57) - TurboTax pricing pressure