Micala Ricketts (3)

6 Outdated Areas of Your Tax Practice

What You Need to Know About Individual Taxpayer and Small Business...

The Coronavirus Aid, Relief and Economic Security (CARES) Act recently signed into law is the largest emergency aid package in US history and will provide $2 trillion to...

Give Client Service That Shines: 5 Best Practices

Tax professionals know that good customer service is essential to their firm’s success. However, it can be surprisingly difficult to define what actions and responses create good...

How to Get Your Tax Clients to Pay on Time

Tax practices are like most other small businesses when it comes to managing cash flow. If your clients aren’t paying what they owe you on time, you may have difficulties in...

7 New Year's Resolutions for Tax and Accounting Professionals

It’s officially 2020, and everyone is buzzing with renewed energy for self-improvement. Maybe you’ve even started working on your own resolutions (anyone else attempting to cut...

3 Things to Know for Tax Year 2019

2019 was the second tax year affected by the Tax Cuts and Jobs Act. Most regulations stayed the same as in 2018, but there are a few changes and adjustments to be aware of when...

Tax Prep Tipping Point Report

Why Taxpayers Are More Likely to Use DIY Software Than an Accountant

Taxpayers are more than 2x more likely to use DIY software than an accountant to file their taxes, but why? Is it simply a matter of cost? Do taxpayers perceive DIY software to be...

How to Volunteer Your Time as a Tax Professional

The season for giving is here, and for many people, service is top of mind. As a tax or accounting professional, you have a unique skillset to offer your community. Not only does...

7 Things to Know for Tax Year 2019

Canopy Announces Davis Bell as Its New CEO and Raises $13 Million in...

Lehi, Utah - Dec. 4, 2019 - Canopy, a leading cloud-based practice management platform for tax professionals, today announced seasoned Silicon Slopes technology executive Davis...

What You Need to Know About Filing IRS Form 5472

There’s no doubt that many American businesses are global in scope, with owners or shareholders living outside the United States. Whenever there are international involvements in...

Small Business Checklist for Tax Practice Owners

As we quickly approach the end of the year, tax practices are starting to prepare their clients for the busiest time of year. However, if you’re a new tax practice owner, not only...

How Tax Resolution Automation Will Change Your Life

Working on tax resolution cases can be tedious at times. The Internal Revenue Manual (IRM) has a lot of rules and guidelines to sort through, and it can become very time-consuming.

Why Client Transparency Matters in Your Tax Practice

Over the past few years, more businesses than ever are making great efforts to be more transparent in their day-to-day practice. From food companies that document their production...