Kevin Morris Tax Prep

17/04/2026

As space business grows, accountants are asking how to handle lunar assets. Here’s how GAAP could apply beyond Earth.

16/04/2026

Gas prices jumped after the Iran conflict began and that could mean the IRS will raise the business mileage rate mid 2026. Consider why the actual expense deductions method could be better this year, and what records are needed.

Rising gas prices in 2026 may impact business mileage deductions. Learn when the actual expense method may provide better tax savings.

15/04/2026

AI can help small businesses reduce operating costs, improve efficiency, and increase profit margins. Learn how to apply it strategically.

14/04/2026

Learn when medically necessary home improvements may qualify as tax deductions and how AGI limits and home value impact eligibility.

26/03/2026

Here are the April 2026 Business Due Dates

Key April 2026 business tax deadlines including C-corp filings, payroll deposits, Form 941, and estimated tax payments. Stay compliant.

25/03/2026

Here are the April 2026 Individual Due Dates

Stay on track with key April 2026 individual tax deadlines, including filing returns, estimated payments, IRA contributions, and more.

25/03/2026

Because people are living longer now than ever before, many individuals are funding hospice care or serving as care providers for elderly loved ones (such as parents or spouses) who cannot live independently. For these individuals, the cost of such care may be deductible as a medical expense.

Learn how eldercare expenses like assisted living, home care, and caregiver services may qualify as medical deductions under current tax rules.

25/03/2026

Midweek reminder: when plans shift—like they often do during spring break—look for the hidden opening. There’s always something worth finding.

24/03/2026

Don’t overlook deductible fees. Your car registration might save you money at tax time!

23/03/2026

Learn when medically necessary home improvements qualify as tax deductions and how the 7.5% AGI threshold impacts eligibility.