Ken Morris

Ken Morris is the founder and CEO of Morris and Associates.

Tax Prep 2023: Your Ultimate Guide to a Smooth Filing Season

  • The IRS is nudging taxpayers to start prepping for their 2023 federal income tax return. In a series of reminders, they're laying out steps to ease the filing process come 2024. Here's the scoop on what's fresh and what to ponder before filing next...

IRS Ramps Up Efforts Against Aggressive Employee Retention Credit Claims

In a concerted effort to address questionable Employee Retention Credit (ERC) claims, the Internal Revenue Service (IRS) has sent over 20,000 letters to taxpayers, informing them of disallowed ERC claims. These notifications pertain to entities that...

A new way to Shield An extra $1,000 !

Hey, guess what? The IRS just tossed in a sweet bonus for folks who hate dealing with taxes on their investments! Now you can shield an extra grand while prepping for retirement.Next year's 401(k) limit got a boost—up by 500 bucks, landing at...

Form 6765 is Getting a Makeover!

Hey there, fellow taxpayers! Big changes are coming down the pipeline from the IRS that could shake up how you handle your tax filings, specifically when it comes to Form 6765 and the Research and Development (R&D) tax credits. Buckle up because...

Avoid a Surprise and check your withholdings!

As we hurtle toward the grand finale of 2023, the IRS is doing its best impression of a friendly, not-so-subtle nudge, urging taxpayers to take a look at their tax withholding. Why, you ask? Well, they want to prevent the kind of surprise party...

The Role of Accountants in Estate Planning: Ensuring a Smooth Transition of Assets

Estate planning is a crucial aspect of financial management that often gets overlooked until it's too late. While many people associate estate planning with lawyers, accountants play an equally essential role in this process. Accountants bring their...

6 Crucial Tips to Avoid an IRS Audit

Getting audited by the Internal Revenue Service (IRS) can be a stressful and time-consuming experience. To help you steer clear of this potential nightmare, I'm here to offer some valuable advice from my years of experience as an accountant. While...

What is Injured Spouse Relief

Injured spouse relief is a program that provides tax relief to spouses who have had to pay out-of-pocket expenses for qualifying medical expenses. These expenses can be related to the injury or illness of either spouse and can include things like...

Payroll Tax Debts And Personal Liability

Employers have a number of legal and financial obligations with regard to their employees. One such obligation is the payment of payroll taxes. Failure to pay these taxes can result in significant penalties and interest, as well as personal...

Innocent Spouse Relief Part 3 – Equitable Relief, 6015(f)

In our last blog post, we talked about Innocent Spouse Relief Part 2 – Injured Spouse Relief. This week, we will be discussing Equitable Relief, 6015(f). As the name suggests, this type of relief is meant to provide fairness in tax cases where one...