Having a proactive tax team in your corner is a significant advantage. But even the best tax strategy falls apart when life moves faster than the communication does. If you ended up with an unexpected tax bill this year, there’s a good chance something slipped...
Most successful people have both a CPA and a wealth advisor. Few enjoy the benefits of having them work together as a coordinated team. An advisory blind spot What happens when your accountant and financial planner don’t know each other? Your wealth advisor...
It’s no secret that a big perk of running your own small business is the opportunity to take advantage of tax write-offs you simply can’t get when you’re strictly W-2. But when it comes to turning your next vacation into a tax deduction, there are plenty of...
Being a landlord isn’t for everyone – but for those who enjoy it, investing in rentals can be a significant source of tax deductions in addition to providing consistent cash flow. If you’re new to investment real estate, this post will provide a useful framework for...
To ensure timely and accurate filing of your tax returns, our firm adheres to hard internal deadlines. You must be tax ready prior to the following dates or an extension will need to be filed. Note: Our tax prep queue works on a first-ready, first-served basis. We...
Thank you for trusting our team to prepare your tax return. To complete the process as smoothly and quickly as possible using your intuitive Canopy portal, take a moment to review our tax return workflow. Questionnaire & Document Upload – Client completes...
One of the more unique provisions in the One Big Beautiful Bill is the introduction of a new Federal Baby Savings Account designed to encourage families to save for their children’s future expenses, including education and healthcare. The initial $1,000 deposit...
UPDATED 8/22/2025 If you’re a Washington resident, you may already have heard about the new sales tax law going into effect this fall. The details of the changes are confusing, but our team is here to stay on top of what’s coming and help you prepare. Understanding...
Selling your home at a profit typically rewards homeowners with one of the biggest opportunities for tax-free earnings available in the tax code. But sometimes, taxpayers don’t realize until it’s too late that they don’t qualify for the full...
If you’ve done much research into investing in rental real estate, you’ve probably come across the acronym MACRS – and may be wondering exactly what it means. In this post, we’ll explain what the Modified Accelerated Cost Recovery System is, and how understanding...
