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Expense Management

What's new: We’re happy to announce the release of expense management in Canopy. As you incur expenses in your firm specifically related to clients, you can now record those...

2/27/24 LEARN MORE
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How to Get an Extension on IRS 1099 Filing

When are 1099s due? All 1099-MISC forms that report non-employee compensation (NEC) must be sent to both the recipient and the IRS by January 31. All other 1099s are due February...

2/27/24 LEARN MORE
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Form 2553: An Overview of Who, When, and Why

IRS Form 2553, Election by a Small Business Corporation, is filed by a corporation or other eligible entity to make an election to be an S corporation under section 1362(a)....

2/26/24 LEARN MORE
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10 Tax Preparer Penalties to Avoid

Your clients count on you to handle their tax issues, and you’ve earned that trust through transparency, customer service, and demonstrating your expertise. When preparing a...

2/25/24 LEARN MORE
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How to Minimize Accounts Receivable and Increase Cash Flow

Every accounting firm is looking for ways to improve the accounts receivable process as it affects all aspects of the business, such as marketing and purchasing. If you are an...

2/24/24 LEARN MORE
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Embracing Tomorrow: Staying Relevant in the World of Accounting

Staying ahead, (or even keeping stride), with the tech curve is not just an ambition, it’s a necessity. Canopy's latest ebook, "Embracing Tomorrow: The Blueprint of a...

2/23/24 LEARN MORE
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Embracing Tomorrow: The Blueprint of a Future-focused Accounting Firm

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When Accounting Goes Mainstream: Our Favorite Accountants from Pop...

As the saying goes, “Art imitates life,” and that’s certainly the case for actors playing accountants in television series and movies over the years. Whether they’re making...

2/16/24 LEARN MORE
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Terrell Turner on Building a Firm, Finding a Niche, and Creating...

Terrell Turner, co-founder of TLTurner Group and co-host of the Things Your Accountant Isn't Telling You Podcast, shares tips for building a firm from scratch, how to find your...

2/14/24 LEARN MORE
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Canopy Named in G2’s Top 100 Fastest Growing Products for 2024

Canopy has secured a coveted spot in G2's "Top 100 Fastest Growing Softwares of 2024". As the only practice management software to achieve this recognition, we take immense pride...

2/13/24 LEARN MORE
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Matching Client Expectations with Reality

A new challenge faces the rapidly-changing accounting industry: how to bridge the gap between client expectations and reality. In fact, a staggering 72% of clients in the...

2/09/24 LEARN MORE
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10 Accounting Conferences to Attend in 2024

2023 is here and we can already tell it’ll be a great one for networking, especially when it comes to events. Here are 10 accounting conferences you should be aware of in 2023.

2/05/24 LEARN MORE
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10 Accounting Influencers to Follow in 2024

As we make our way through 2024, the world of accounting continues to evolve, with influencers playing a pivotal role in shaping industry trends, providing insights, and offering...

2/02/24 LEARN MORE
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What You Need to Know About IRS Form 8855

Tax preparers who deal with estate taxes and trusts are no doubt familiar with IRS Form 8855, Election to Treat a Qualified Revocable Trust as Part of an Estate. Using this form...

2/01/24 LEARN MORE
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How to Price Accounting Services

The way you price your accounting services shouldn’t be arbitrary. The correct accounting pricing strategy can effectively mean the difference between scraping by and robust...

2/01/24 LEARN MORE

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