Author Archives: cozbycpa

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.

FAQs on the Early Release of the 2020 Form W-4

Posted on July 10, 2019 by cozbycpa

The following article was published by the IRS. 1. Why redesign Form W-4? The new design reduces the form’s complexity and increases the transparency and accuracy of the withholding system. While it uses the same underlying information as the old design, it … Continue reading →

Posted in IRS, Payroll, Personal Finance, Planning Strategies, Self-Employed, Tax Tips | Tagged 2020 Form W-4, Cozby & Company, new W-4 form, no more withholding allowances on Form W-4, Plymouth MA CPA Heather Cozby, redesigned Form W-4, who is required to submit a new Form W-4 | Comments Off

Sudden Money: Managing a Windfall

Posted on July 8, 2019 by cozbycpa

Striking it big with the lottery is a dream for many, but a reality for few. But the fact is, you are far more likely to receive a sudden windfall of money from another source than the lottery. Whether it … Continue reading →

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Taxpayers Should Be on the Lookout for New Versions of These Two Scams

Posted on July 3, 2019 by cozbycpa

The following article was published by the IRS. With scam artists hard at work all year, taxpayers should be on the lookout for a surge of evolving phishing emails and telephone scams. Taxpayers should watch for new versions of two … Continue reading →

Posted in Data Security, Government, Identity Theft, IRS, Social Security | Tagged be careful of tax scams, Cozby & Company, CPAs in Plymouth MA, fake Bureau of Tax Enforcement, Plymouth MA CPA Heather Cozby, prevent identity theft, Social Security Number tax scam, tax-related scams | Comments Off

Individual Taxpayer Identification Number (ITIN)

Posted on July 1, 2019 by cozbycpa

The following video was published by the IRS The Individual Taxpayer Identification Program (or ITIN for short) is for people who must file or pay U.S. taxes but who are not eligible for a SSN. A change in the law … Continue reading →

Posted in IRS, Personal Finance, Planning Strategies | Tagged Cozby & Company, Cozby & Company LLC, Cozby CPA, Heather Cozby, Heather Cozby accountant, Heather Cozby CPA, IRS, IRS.gov, ITIN, ITIN Renewal, personal finance tips, Plymouth CPA Heather Cozby, Plymouth MA accountant, Plymouth MA accountants, Plymouth MA bookkeeper, Plymouth MA CPA, Plymouth MA tax preparation, Plymouth MA tax preparer, Plymouth MA taxes | Comments Off

Business Taxpayers Should Take Another Look at Their Estimated Tax Payments

Posted on June 26, 2019 by cozbycpa

The following article was published by the IRS. Taxpayers who pay quarterly estimated tax payments may want to revisit the amount they pay. The Tax Cuts and Jobs Act changed the way most taxpayers calculate their tax. These taxpayers include … Continue reading →