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New Study: Taxpayers Are More Than 2x as Likely to Use DIY Tax...

December 16, 2019 LEHI, Utah--(BUSINESS WIRE)--More than ever Americans will use DIY software to file their taxes in 2019 than tax accountants, according to a new study conducted...

How to Volunteer Your Time as a Tax Professional

The season for giving is here, and for many people, service is top of mind. As a tax or accounting professional, you have a unique skillset to offer your community. Not only does...

Canopy Product Highlight: November 2019

The final quarter of 2019 has been full of exciting updates for Canopy. We’ve worked diligently to add in-demand tools to better streamline your work and enhance communication...

7 Things to Know for Tax Year 2019

Feature Updates: Client Requests in the Task Workspace, Recurring...

With tax season 2020 quickly approaching, we’ve been working hard to bring you a couple of new features to improve both your workflow efficiency and client communications for this...

Canopy Announces Davis Bell as Its New CEO and Raises $13 Million in...

Lehi, Utah - Dec. 4, 2019 - Canopy, a leading cloud-based practice management platform for tax professionals, today announced seasoned Silicon Slopes technology executive Davis...

What You Need to Know About Filing IRS Form 5472

There’s no doubt that many American businesses are global in scope, with owners or shareholders living outside the United States. Whenever there are international involvements in...

How to Use Time Batching to Boost Productivity in Your Virtual Tax...

Think about your typical day at work.

Small Business Checklist for Tax Practice Owners

As we quickly approach the end of the year, tax practices are starting to prepare their clients for the busiest time of year. However, if you’re a new tax practice owner, not only...

3 Spooky Clients You Should Avoid

Things are about to get scary this Halloween season, and we aren’t just talking about the haunted houses, spooky stories, or stomachaches from eating too much leftover...

How Tax Resolution Automation Will Change Your Life

Working on tax resolution cases can be tedious at times. The Internal Revenue Manual (IRM) has a lot of rules and guidelines to sort through, and it can become very time-consuming.

Why Client Transparency Matters in Your Tax Practice

Over the past few years, more businesses than ever are making great efforts to be more transparent in their day-to-day practice. From food companies that document their production...

3 Ways to Help Your Clients Renew Their ITINs

One of the ways you can provide outstanding service for your clients is by making them aware of tax-related issues before they become a problem. Many taxpayers who use Individual...

How to Get Your Offer in Compromise Accepted

The Guide to Getting Your Client's Offer in Compromise Accepted

By: Jeffrey McNeal, EA, former Revenue Officer for the IRS Offer in Compromise (OIC) is a program administered by the Internal Revenue Service which allows taxpayers to settle...