Blogs

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?...

The Most Important Tax Issues For Homeowners

The principal residence is probably the one thing that nearly all our clients have in common! So dealing with the tax situations arising from the principal residence is something...

IRS Issued Identification Numbers Explained: TIN, ITIN, PTIN, SSN,...

It doesn’t take long working with tax forms to realize that the IRS uses a bewildering variety of acronyms. As confusing as the never-ending grouping of letters may seem, it is...

4 Ways Your Company Can Support LGBTQIA+ Communities

It is officially summer! As we step into summer and into June, we also step into a celebration of the LGBTQIA+ communities. A Gallup poll found the percentage of adults in the...

First Look Webinar: Come See What's Coming To Canopy

Join us for Canopy's First Look Webinar on Thursday, June 2 at 1 p.m. ET, where you'll hear about all the feature updates coming soon to Canopy's full suite of cloud services.

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...

How 2022 Global Consumer Trends Could Impact Your Firm

Times have changed these past few years, haven’t they? There have been so many differences around the world, not only in our personal lives, but in our professional lives as well....

Come See Us at AICPA Engage 2022!

After more than one year of staying indoors and working remotely, Canopy is excited to get back out there and attend our first in-person trade show in over a year: the American...

Canopy Named Top Performer in Accounting Practice Management Software

Customers speak louder than companies, right? That’s why we’re happy our customers have voted us to win multiple Spring 2022 Capterra awards for our practice management software....

Join Canopy at The First AccountingWEB Live Summit

The final countdown is on! Next week is the historic AccountingWEB Live Summit and Canopy is proud to be a sponsor of this event in San Diego, CA. Will you be there? It’s an event...

Preparing IRS Schedule-C for Business: What You Need to Know

Schedule C, Profit or Loss From Business (Sole Proprietorship) is one of those tax forms that looks simple, but is baited with many traps for the unprepared tax professional.

Canopy Wins 5 Accounting Practice Management Software G2 Awards

Loved by our customers. And loved by our customers’ customers. Canopy is building a better (and always improving) accounting practice management software platform for the...

Infographic: Clients Want Accountants Who Use the Latest Technology

Client Onboarding: 6 Steps to Happier Clients and Lower Attrition Rate

You did it! You finally landed that much-anticipated client. The big one or the first one or just another one. So it’s time to get to work, right?

How to Fill Out Schedule C IRS Form

Does it seem lately like every single client has some sort of side hustle requiring the filing of a Schedule C, Profit or Loss From Business? You’re not alone. More and more,...