Smart Prep

“Filed handles the most time-consuming parts of tax prep, and by embedding it directly into Canopy, we connect intake, preparation, and review into one continuous workflow. That compression allows firms to move faster, increase output, and scale capacity without adding staff.”
Hanna Bjornn, VP of Product at Canopy

What Canopy’s Smart Prep Can Do For You:

Automates tax return preparation with AI-powered document extraction and mapping
Eliminates manual data entry for 1040 returns
Keeps all client communication and tasks in one place
Speeds up review by generating a draft return
Helps you scale tax prep without adding staff

Faster Prep. More Capacity.

AI-powered tax prep that fits right into your existing Canopy workflows.

filed-sequence

Prep 4x Faster (Without Manual Entry)
Canopy x Filed connects to your tax software to extract, classify, and map 1040 docs, generating a draft return so your team reviews instead of rekeys.

One Workflow, One Client Experience
Manage everything from intake to prep to delivery in a single system. Filed handles the backend while Canopy keeps all communication, tasks, and client-facing steps in sync.

Handle More Returns Without Hiring
AI-powered prep expands your team’s capacity without increasing headcount. Firms can take on more returns, meet deadlines faster, and avoid burnout during peak season.

TAX WORKFLOW AUTOMATION

Your Workflow, Your Rules

Smart Prep fits into your process without taking it over. You stay in control from document selection to final review, while Canopy and Filed handle the prep in the background.

Select the documents you want to sync with Filed
Filed generates a 1040 draft return
Review and approve the return before it’s finalized
Maintain full control over data access and security with sharing controls and secure document sync

Frequently Asked Questions

Can’t find the answer you are looking for? Reach out to our support team.

Canopy Smart Prep is an AI-powered tax preparation workflow that automates document extraction and mapping for 1040 returns. It connects Canopy with Filed so firms can review prepared returns instead of manually entering data.

Canopy Smart Prep uses AI to extract, classify, and map tax documents to be imported into Filed. From there, Filed extracts key information, drafts calculations, and creates a workpaper, notifying users in Canopy when it is ready for review. Canopy manages workflow, tasks, and client communication.

Yes. Canopy Smart Prep removes most manual data entry for 1040 returns by automatically pulling data from uploaded tax documents into the return.

Firms can prepare 1040 returns up to 4x faster using Canopy Smart Prep. The time savings come from automated document mapping and ready-to-review workpapers. More form support coming 2026.

Canopy integrates directly with Filed for AI-powered tax prep. Filed generates the draft return, and Canopy keeps all client communication, tasks, and approvals in one system.

Yes. Filed is a separate product with its own pricing. To use Smart Prep inside Canopy, you’ll need an active Canopy subscription and a separate Filed plan.

Canopy provides the workflow, document sync, and client communication. Filed handles the AI-powered tax prep behind the scenes. You can choose a Filed plan that fits your firm’s volume, and many firms start with a credit-based package or free trial from Filed.

Filed uses credit-based pricing based on the type and volume of returns processed. When used with Canopy Smart Prep, firms purchase Filed credits separately, and credits are consumed as returns are completed.

You can use Filed alongside Drake, UltraTax, ProConnect, and CCH Axcess.

Schedule your Canopy Demo.

AI TAX RETURNS

Faster Prep. More Capacity.

TAX WORKFLOW AUTOMATION

Your Workflow, Your Rules

Frequently Asked Questions

Ready to get started?

Schedule your Canopy Demo.

AI TAX RETURNS

Smart Prep

Faster Prep. More Capacity.

TAX WORKFLOW AUTOMATION

Your Workflow, Your Rules

Frequently Asked Questions

Ready to get started?

Get your free demo of Canopy.

Thank you.