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.

Opening a Brokerage Account

Part of a solid financial plan is to make sure you build your savings. Many choose to put their money in their local bank or credit union. But to save for the future and to stay ahead of inflation, many … Continue reading

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A Summer Job in Sharing Economy May Affect Taxes

The following article was published by the IRS. A college student wanting to do something other than wait tables. A teacher needing to make a little extra money. A family wanting to rent out their home while they’re on vacation. … Continue reading

Posted in EFTPS, IRS, Personal Taxes, Planning Strategies, Real Estate, Self-Employed, Tax Tips, Taxes | Tagged , , ,

How To Save On Babysitting

We love our kids like crazy. But they don’t come cheap! The government predicts the cost of raising a child today will approach $250,000 by the time they turn 18. Part of this cost is childcare, more specifically babysitting costs. … Continue reading

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IRS Working on a New Form 1040 for 2019 Tax Season

The following article is from the IRS. As part of a larger effort to help taxpayers, the Internal Revenue Service plans to streamline the Form 1040 into a shorter, simpler form for the 2019 tax season. The new 1040 – … Continue reading

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Is Life Insurance Money Taxable?

Is life insurance taxable? It isn’t as much a yes or no answer as it is a situational answer. It depends on a few factors really. But when it comes right down to it, there are three things you should … Continue reading

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Taxpayers Can Connect with the IRS on Their Phone

Anyone with tax questions can just grab their phone for answers. The IRS has a mobile app, IRS2Go, which is available for free to use on Android and iOS devices. It’s also available on Amazon. Taxpayers use the app to: … Continue reading

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Car Buying Basics

Whether you are buying new or used, there is nothing quite like getting behind the wheel of your first car. But just like with driving, the process of buying a car should be done slowly. Here are some important things … Continue reading

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