MORISON COGEN – TAX SPECIALISTS

Get The Money You’re Entitled To
Avoid Paying Penalties

If your business has co-owners, you probably need a buy-sell agreement

Are you buying a business that will have one or more co-owners? Or do you already own one fitting that description? If so, consider installing a buy-sell agreement. A well-drafted agreement can do these valuable things: Transform your business ownership interest into a more liquid asset, Prevent unwanted ownership changes, [...]

Are your nonprofit board meetings as focused as they could be?

According to nonprofit BoardSource, not-for-profit boards that meet monthly should be able to cover all business in one to two hours. If your meetings last longer, they may lack planning and focus. This can ultimately harm your organization as busy board members lose confidence in your leadership — and even [...]

Federal Tax Posts


What’s the difference between an amended tax return and a superseding return? Amended returns can be filed to correct or change information on a timely filed return, after the original or extended due date has passed. However, a superseding return is a rare opportunity to change or correct a filed return before the original or extended due date. Why does this matter? Some tax elections you make are irrevocable (for example, the election to carry forward a tax overpayment to the next year). Such a change can be made only on an original return. A timely filed superseding return takes the place of the original return. Contact us to file a superseding return. Here’s more: https://bit.ly/4fv9woY 

11_06_24_682816339_ftp_560x292_2.jpg