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How to Survive a Tax Audit

You can survive an IRS tax audit. While you may feel shocked or overwhelmed because you didn't see this coming, the big thing is that you never want to ignore IRS audit notices....

Account for Multiple Rates Per User with Canopy

What's new: Firms now have the ability to assign multiple rates to an invoice based on who in the firm performed the work and what kind of work was accomplished. For instance,...

How Better Workflow Can Be Your Firm's Secret Weapon

Elements of an Effective Accounting Workflow Management System

Is your accounting firm intentional about process and workflow? If the answer is no, it’s only a matter of time until processes start breaking down. Without a well-defined...

IRS releases new tax brackets for 2022

On Wednesday, the IRS announced the new and higher federal income tax brackets for 2022 to account for inflation.

Processing Retainer Payments Within Canopy is Seamless

What’s new: An update to Canopy’s Time & Billing Module allows users the option to process payments that are not associated with an invoice, which would allow practitioners to...

Make More of Your Commute With These 10 Podcasts

One of the most productive things accountants can do during their morning commute is expand their knowledge by listening to industry-related podcasts. No matter what area of...

13 Accounting Influencers You Might Not Be Following

These days, social media is a necessity in today's business world. It's a place to make connections, network and keep a pulse on your industry. Search algorithms have become more...

Top 5 Ways to Manage Workflow at Your Accounting Firm

Without the right processes in place, an office’s organization can quickly devolve into chaos, leaving employees feeling overwhelmed and scatter-brained. Implementing the best...

Update: Improved Task Dashboard Experience in the Practitioner App

What's new: We’ve made the task dashboard much easier to use. With our recent additions of task priority and assignee photos, you’ll also notice a more friendly and clean look....

What Is Accounting Workflow Software?

High Gas Prices Cause Unusual Midyear Mileage Rate Increase By IRS

If you’ve driven at all in the last few months, you’ve probably noticed the unusually high gas prices across the country. According to AAA, the national average is nearing $5 per...

Study: Clients Want Accountants Who Use the Latest Technology

As accountants, you know the importance of client satisfaction—they are the backbone of your business after all. Wouldn’t it be nice to know what was going on inside their heads?...