02 September 2026

TurboTax Losing Customers Over Price, Thomson Reuters Builds Own AI

The Accounting Podcast

About

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.

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Chapters

Show Notes

Intuit Reports Fourth Quarter and Full Year Fiscal 2026 Results; Sets Fiscal 2027 Guidance

https://investors.intuit.com/news-events/press-releases/detail/1320/intuit-reports-fourth-quarter-and-full-year-fiscal-2026-results-sets-fiscal-2027-guidance

Thomson Reuters Leverages its World-Class Data Assets to Launch Its Own Frontier Model

https://www.thomsonreuters.com/en/press-releases/2026/august/thomson-reuters-leverages-its-world-class-data-assets-to-launch-its-own-frontier-model

Rillet Raises $100 Million Series C at $1 Billion Valuation, Becomes Unicorn

https://techcrunch.com/2026/08/19/rillet-raises-100m-series-c-at-1b-valuation-2-years-after-emerging-from-stealth/

Silver Lake Eyes $51 Billion Workday Take-Private in Mega Software Deal

https://www.axios.com/2026/08/14/silver-lake-workday-take-private

Stripe Agrees to Acquire OpenRouter to Help Businesses Optimize Token Routing and Usage

https://stripe.com/newsroom/news/stripe-agrees-to-acquire-openrouter

From Accounting Major and Frat Brother to Suspected of Being Penn State's Largest Drug Dealer

https://www.nbcnews.com/news/us-news/penn-state-agostino-abbatiello-drug-scheme-rcna593041

Accounting Student Appointed to the New Mexico Public Accountancy Board

https://news.unm.edu/news/accounting-student-appointed-to-the-new-mexico-public-accountancy-board

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Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the to...