Morrison & Associates is an accounting firm located in Lebanon, and serving clients throughout central Kentucky for more than a decade.  We pride ourselves in providing our clients with a professional product and a personalized service.
We created this website to provide our clients with a variety of links and tools useful to them throughout the year, including a remote support tool for real time QuickBooks support and training sessions with Andrea.  If you're not already a client, you can also find information on some of the services we provide, as well as a biography of Andrea Morrison, CPA, owner and operator of Morrison and Associates. Feel free to look around. And we look forward to serving you soon! Phone: (270) 699-3853 email: records@andreamorrisoncpa.com
© Morrison and Associates, Inc.
March 20, 2020: Due to the coronavirus pandemic, Treasury Secretary Steven Mnuchin announced this morning that the deadline to file and pay your federal taxes is now Wednesday, July 15, 2020. There will be no penalty for deferring your payment and no interest will accrue during this period. But if you have a refund coming, he says you should still file now. If you can't get everything together to file your taxes by July 15th, you can request an extension to push your due date back to October, but any unpaid balance will still be due in July. March 22, 2020: At the direction of Governor Beshear, the Kentucky Department of Revenue (DOR) will adopt most of the Coronavirus Disease 2019 (COVID-19) income tax relief described in recent Internal Revenue Service (IRS) Notice 2020-18 and extend the Kentucky Income Tax Return Filing Date Extended to July 15. Dear Clients: As the coronavirus (COVID-19) pandemic continues to evolve, we want to let you know that we are continuing our steps to protect the health and well-being of our clients, families and community. As directed by Gov. Beshear, our office will remain closed to the public until further notice. We know, for now, the social distancing policy has been extended to April 30, 2020 but may be extended further if necessary. While the federal and state filing deadline has been extended until July 15, 2020, there may be those of you that would still like to have your taxes prepared sooner, especially if you are expecting a refund. We are in the office during normal business hours but but our doors will continue to be locked to the public. Call or email our office and we will make arrangements for you to get your tax documents to us. Andrea’s policy has always been to meet in-person with her clients once their return is complete, so that she can address any questions and prior year variances, and so projections and adjustments can be made as necessary for the current year. Unfortunately, because our office is closed to the public, and it is unclear when we may be able to begin scheduling in-office appointments again, we are giving our clients (especially those with refunds) the opportunity to finalize their returns digitally. So if you would like, we can send all required signature pages to you either by USPS mail or email. Once you return them to us (either by email, mail, or in our drop box out front), we will go ahead and file your return, and you can pick up your copy of the tax return and all of your tax documents at a later date. Andrea is available by phone & email for any questions you may have. And, if you would like, we can schedule a video conference so you can talk with her "face-to-face". This virtual meeting can be done from your computer, tablet or mobile device - all you need is an internet connection and download/install the Cisco Webex software as instructed. Keep in mind, the tax return deadline has been extended to July 15, so we are in no hurry to file at this time. If you prefer to wait for an in-office appointment, we can call you to schedule one as soon as possible after restrictions are lifted. Thank you for your understanding and cooperation.
For Your Information!
Information for You or Your Business related to COVID-19 CORONAVIRUS EMERGENCY LOANS Small Business Guide and Checklist (Updated: April 1, 2020) The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program (PPP), the initiative provides 100% federally guaranteed loans to small businesses. Guide to SBA's Economic Injury Disaster Loans (updated: April 1, 2020) The Coronavirus Aid, Relief, and Economic Security (CARES) Act expands the Small Business Administration’s long-standing Economic Injury Disaster Loan Program (EIDL). The EIDL program was created to assist businesses, renters, and homeowners located in regions affected by declared disasters. Guide to the Employee Retention Tax Credit for COVID-19 Impacted Employers (updated: April 1, 2020) The Coronavirus Aid, Relief, and Economic Security (CARES) Act created a new employee retention tax credit for employers who are closed, partially closed, or experiencing significant revenue losses as a result of COVID-19. Steps to Prevent Getting Sick: Recommendations by the Centers for Disease Control (CDC) If you are at higher risk for serious illness from the Coronavirus Disease (COVID-19) because of your age or because you have a serious long-term health problem, it is extra important for you to take actions to reduce your risk of getting sick with the disease.