Micala Ricketts (10)

How to Stay Competitive in the Age of Automation

Barry Melancon, President and CEO of AICPA, and Kimberly Ellison-Taylor, Chair of AICPA, spoke about the rapidly changing nature of the accounting industry a few weeks ago at...

How to Navigate Form 433

The IRS will often require taxpayers to submit Form 433 in order to resolve a tax matter. This form is extremely important because it will often change the outcome of your...

The Do's and Don'ts of Using Twitter for Your Tax Practice

Twitter can be a great platform for networking, expanding your online presence, and increasing awareness among potential clients—if used effectively. If not, it can turn into a...

What You Need to Know to Help Clients Who Use Bitcoin

In January 2009, a new peer-to-peer currency was created by the name of “Bitcoin.” It's a digital payment system where transactions and payments take place between users directly,...

New Feature: Workflow for Improved Task Management

Changes to Be Made to e-Services Summer 2017

Having problems pulling IRS transcripts electronically? The IRS is gearing up for maintenance and an upgrade to e-Services, so there will be times from this week through June when...

3 Steps to Managing a Virtual Tax Practice

Working remotely has become more common in the last few years. While the accounting industry remains traditional in a lot of ways, tax pros who work from home are not unheard of....

What Tax Professionals Should Keep in Mind with Trump's Tax Reform...

On April 26, the Donald Trump Administration released a tax reform plan that will eventually be proposed to the House and Senate. The one-page document, “2017 Tax Reform for...

Cloud-based Software Your Accounting Firm Needs

If you’re not taking advantage of cloud-based practice management software for your accounting firm, you’re leaving a huge opportunity on the table. Cloud-based software will...

How to Earn Up to $500 an Hour Outside of Tax Season

It’s a week after Tax Day, and if you’re like most tax professionals, you made the majority of your income for the year in the last few months. And you definitely put in the hours...

The Trust Fund Recovery Penalty Guide

Feature Update: Quick, Easy Contact List Import

Canopy is excited to introduce contact list import. So what does this mean for you? No more manually inputting your clients' contact information! This new feature update...

Your 2-Minute Brief on the IRS Suspension of the Data Retrieval Tool

The IRS Data Retrieval Tool (DRT) found on fafsa.gov and StudentLoans.gov is currently unavailable and will be for several weeks. This temporary shut down is part of the IRS'...

What You Need to Know About Innocent Spouse Relief Cases

Your tax practice will expose you to clients with a wide variety of tax problems. One particular problem that often comes up is when one spouse believes they have been unjustly...

Basement to Fast-Growing Startup: The Inspiring Story of Canopy

From 2008 to 2010, Kurt Avarell worked on Wall Street as a tax attorney, where he occasionally took on pro bono cases. These cases gave him his first glimpse into the...