Blog | Robert W Morris & Company PC

Piggy banks balancing on a piece of wood.

Mastering Your Money: Is Dave Ramsey’s System the Right Fit for You?

Discover if Dave Ramsey’s financial system is right for you. Explore his famous Baby Steps and $0-based budgeting to take control of your finances, el...

Read more ➞

Preparing for the Expiring Trump Tax Cuts: What You Need to Know

Learn how the expiration of the Trump tax cuts could impact your finances, including changes to individual income tax rates, capital gains taxes, and...

Read more ➞

The Importance of Filing Beneficial Ownership Interest Forms

BOI forms are required to be filed annually with the Financial Crimes Enforcement Network (FinCEN). These forms help in identifying and verifying the...

Read more ➞

Potential Implications of New Tax Bill HR7024 on Individuals and Small Businesses

HR7024 could impact your taxes. Increased child credit & small biz tax revisions in the works. If passed, plan for IRS delays.

Read more ➞

2023 Business Year-End Tax Planning Letter

As the year winds down, we want to provide some year-end strategies that might help lower your business's taxable income for 2023 as well as enable yo...

Read more ➞

2023 Individual Year-End Tax Planning Letter

As the year comes to a close, we want to provide you with some year-end strategies that might reduce your 2023 taxes.

Read more ➞

IRS Announces Employee Retention Credit Withdrawal Process to Aid Businesses

In response to concerns over ineligible Employee Retention Credit claims, the IRS introduces a simplified withdrawal process. Here's how it can assist...

Read more ➞

Maximizing Profits with "Profit First": A Revolutionary System for Small Business Owners

Designed for small businesses, "Profit First", a system designed by Mike Michalowicz, introduces an easy-to-follow formula that flips the traditional...

Read more ➞

Lightbulbs painted on a wall with a man standing under them.

Tax Benefits of an S-Corporation

S corporations offer limited liability protection, avoid double taxation, and allow for pass-through taxation, resulting in potentially lower taxes fo...

Read more ➞

If You Don't Know Your Numbers, You Don't Know Your Business

If you don't know your numbers, you really don't know your business. Without having a clear understanding of your financial performance, it is diffic...

Read more ➞

2022 Individual Year-End Tax Planning Letter

It's that time of year again where we would like to make you aware of topics that impact your taxes as well as any year-end strategies that might redu...

Read more ➞

2022 Business Year-End Tax Planning Letter

As 2022 draws to a close we would like to make you aware of some important changes to the tax law as well as any year-end strategies that might help l...

Read more ➞

Woman holding a tablet and using a calculator.

Inflation Reduction Act and How it Affects You Personally and Professionally

The newly passed Inflation Reduction Act is the largest clean-energy bill in US history, as it aims to make a huge impact in environmental health and...

Read more ➞

Is the IRS Coming For You?

The IRS will receive expanded funding through the recently passed Inflation Protection Act. Should you worry?

Read more ➞

A dollar sign mostly underwater in the ocean with palm trees on top.

Employee Retention Credit Opportunities (and Fraud Alert)

If you have W-2 employees and you paid wages in 2020 and 2021 you are most likely eligible for the Employee Retention Credit. A small business could b...

Read more ➞