Industry News

State Tax Deadlines 2022

For the first time in 2 years, the federal tax deadline is back in April! The IRS announced the tax deadline for 2022 is April 18. Accountants are ready to say goodbye to the...

3/03/22 LEARN MORE
A Complete Guide To Surviving The IRS Chaos in Tax Season 2022

My client received a deficiency notice from the IRS saying that they received 1099K that was not reported on their 2019 tax return. The IRS after 10 months received our prior year...

3/01/22 LEARN MORE
Reconciling EIP3 and Advance Child Tax Credit Payments

The third economic impact payment, or EIP3, and advance child tax credit payments have added to the ever growing list of uncertainties when preparing 2021 tax returns. As filers...

2/23/22 LEARN MORE
What is CAS Accounting?

By now, you’ve probably heard of CAS, CAAS, advisory accounting, accounting and advisory services—or whatever you want to call it! This trend in the accounting industry...

2/14/22 LEARN MORE
If Retirement Is on Your Radar, Know These 5 Things

For most people, as soon as they enter the workforce, they look forward to the day they can finally get out. What does that usually mean? Preparing for retirement.

2/01/22 LEARN MORE
IRS extends policy allowing eSign for certain forms until 2023

Calling all accountants! As part of a pandemic-related effort to reduce in-person contact for accountants and taxpayers ahead of tax season, the IRS has extended its policy that...

1/13/22 LEARN MORE
2022 IRS Tax Deadline on April 18

2022 IRS Tax Deadline On April 18, 2022 In 2022, the IRS tax deadline will feel a little bit more familiar than the last few years. Yep, that’s right—it’s back in April! But, it...

1/04/22 LEARN MORE
The Best Black Friday Deals For Accountants in 2021

It’s almost time to stuff our faces with delicious food with family and friends this Thanksgiving...which means it’s also almost time to shop for some major sales! We all know the...

11/24/21 LEARN MORE
2021 Congressional Laws Designed to Help Your Pocketbook

Until recently, the only tax-related law that was passed in 2021 was the American Rescue Plan Act, Public Law No: 117-2 on March 31, 2021. For a U.S. law, it was actually pretty...

11/18/21 LEARN MORE
Accounting Experts Discuss What’s Next for the Industry

Did you attend Canopy’s Innovation Summit?! We hope you enjoyed it as much as we did. But, if you didn’t attend, don’t worry! We are going to tell you exactly what you missed....

11/11/21 LEARN MORE
3 Ways You Can Celebrate National Accounting Day 2021

Did you know this week isn’t just any ordinary week? On Nov. 10, it’s actually a really special day...National Accounting Day! But, we think you deserve to celebrate the entire...

11/08/21 LEARN MORE
Register Today for Canopy's 2021 Innovation Summit

The past year has been a whirlwind for accountants across the industry, leading to impressive innovation in the profession. Here at Canopy, we want to celebrate, highlight and...

11/03/21 LEARN MORE
It's Finally Here! Register Today for the 2021 Innovation Summit

The past year has been a whirlwind for accountants across the industry, leading to impressive innovation in the profession. Here at Canopy, we want to celebrate, highlight and...

9/20/21 LEARN MORE
State Tax Extension Deadlines 2021 - Disaster Relief

Many states affected by recent natural disasters, including Hurricane Ida, have received tax extension deadline...extensions.

9/10/21 LEARN MORE
IRS Postpones Tax Deadlines For Victims of Hurricane Ida to Jan. 3

The Internal Revenue Service is now offering a tax deadline extension for victims of Hurricane Ida to Jan. 3, 2022. Tuesday's announcement comes as the Category 4 hurricane has...

8/31/21 LEARN MORE

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