The Latest Tax News

Morris and Associates tax relief and tax resolution services.  We can help reduce the amount you owe. With the Offer in Compromise program from the IRS we can help reduce the amount you owe.
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Retiree Saving Money from taxes
IRS Updates on RMD Deadlines and New Retirement Rules

The IRS is reminding taxpayers aged 73 and older to take their required minimum distributions (RMDs) from individual retirement arrangements (IRAs) and other retirement plans. Missing the deadline could result in penalties, so it’s important to understand the rules and

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Tax Changes for 2025
Tax Changes for 2025: What You Need to Know

As we approach tax year 2025, several important changes are on the horizon that taxpayers should be aware of. The IRS is making adjustments to standard deductions, tax brackets, and various credits, and these changes could impact your financial planning

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Maximize Your Educator Expense Deductions

As the new school year begins, the IRS is reminding educators that the maximum deduction for classroom expenses in 2024 remains at $300. This deduction allows teachers to offset some of the money they spend out of pocket on classroom

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