Life Events & Miscellaneous Items

lifeeventsCertain life events can also affect your tax situation. If you got married or divorced, had a birth or death in the family, lost or changed jobs, or retired during the year, we need to discuss the tax implications of these events.

Spend any remaining health flexible spending account balances before year end (unless your employer allows you to go until March 15, 2017, in which case you’ll have until then). You should check with your employer to see if they give employees the optional grace period to March 15.

If you rent out a vacation home, we should review at the number of days it was used for business versus pleasure to see if there are ways to maximize tax savings with respect to that property.

It’s never too early to make your tax appointment. We can always add a final brokerage statement or K-1 to your return once you receive it. Please call Cozby & Company to schedule your appointment.


About cozbycpa

Heather L. Cozby is a CPA on the South Shore and Cape Cod. The managing partner of Cozby & Company, LLC, Heather has the resources and experience necessary to provide quality professional services on a timely basis and at a reasonable cost. She specializes in tax planning & preparation; audit, review & compilation services; management advisory services; bookkeeping; and accounting. Her unique niche is in working with homeowners’ associations and condominium trusts, advising with rental real estate, and providing outsourced financial consulting for mid-sized companies. She is more entrepreneurial than most accountants, and offers the best of both worlds - providing the services of a larger firm while retaining the ability to connect with her clients on a personal level.
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