Canopy Announces General Availability of their Tax Prep solution
Canopy, a leading cloud-based practice management platform for tax and accounting professionals, has announced the general availability of Tax Prep, the first fully-integrated modern tax...
2018 Tax Season Software Implementation
This tax season, we decided we were going to be more efficient than ever before. We wanted to have a streamlined administrative process for tax...
2019 Tax Outlook Survey
With Tax Day come and gone, tax professionals are reflecting on an especially challenging busy season, given tax law changes. To navigate arduous provisions...
Real Estate Tax Prep: Try This!
No matter what type of clients you serve, collecting accurate and complete records can be a challenge. Few business owners outside of accounting go...
Use Cloud-Based Accounting Software to Reduce the Likelihood (and Pain) of an Audit
When your clients hire you to prepare their taxes, they’re really hiring you for two reasons: to maximize their deductions and to reduce the risk that...
2018 Tax Software Survey
While professionals in all walks of life are prone to swap views on the relative merits of their tools of the trade, among CPA...
How to Gather and Manage Client Data More Efficiently
As a tax professional, you gather, review, and manage a lot of client data. At times, it can be overwhelming—especially if you have to call and...
What You Need to Know About E-Signatures
With so many of us moving to a #firmofthefuture business model, the use of e-signatures for Forms 8878 & 8879 are becoming more common. The Internal Revenue...
Simplifying Tax Season for Your Desktop Clients
As 2018 comes to a close and financial professionals begin their preparation for a busy 2019 tax season, everyone is of course trying to...
Tax Practice Management – Onboarding 1099 Clients and The Process
As the year comes to a close, we are thinking about presents, visiting with family, and celebrating the upcoming new year. What our team is...
Latest article
Top 10 Federal Tax Implications of Rescheduling Cannabis as a Schedule III Drug
In a letter dated August 29, the Department of Health & Human Services made an official recommendation to the Drug Enforcement Administration (DEA) to...
1099-K Delay Announced by IRS
Early last week the IRS announced another in the changes to 1099-K reporting requirements. The requirements have been plaguing tax preparers for the last...
Protect Your Clients, Protect Yourself
The IRS and Security Summit partners have developed the following "Tip Sheet" for tax professionals, businesses, taxpayers
Earlier this year the Security Summit’s Protect Your Clients;...