The Accounting Podcast

← The Accounting Podcast2 sep · 1 u 16 min

TurboTax Losing Customers Over Price, Thomson Reuters Builds Own AI

TurboTax Losing Customers Over Price, Thomson Reuters Builds Own AI2 sep1 u 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