Tag Archives: Cozby & Company

Small Business Owners, Self-Employed Should Plan Now for New Changes

The following article was published by the IRS. Before the end of the year, small business owners should become familiar with how the new tax law changes may affect them. The Tax Cuts and Jobs Act, passed in December 2017, … Continue reading

Posted in Corporate Taxes, IRS, Planning Strategies, Self-Employed, Tax Credits, Tax Deductions, Tax Law Changes, Tax Tips, Taxes, Year End | Tagged , , , , , , | Leave a comment

Ways to reduce your tax burden before year-end

The new tax law has added some wrinkles to how many Americans deal with their tax returns. In the past, it was common to try to maximize deductions during the year and then itemize on your return. However, with the … Continue reading

Posted in FSA, Health Care, HSA, IRA, IRS, Personal Finance, Planning Strategies, Tax Credits, Tax Law Changes, Tax Tips | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

2018 Employer Reimbursements for Employees’ 2017 Moves are Generally Tax-Free

The following article was published by the IRS. Employer payments or reimbursements in 2018 for employees’ moving expenses incurred prior to 2018 are excluded from the employee’s wages for income and employment tax purposes. The 2017 Tax Cuts and Jobs … Continue reading

Posted in IRS, Personal Taxes, Tax Law Changes, Tax Relief, Tax Tips, Taxes | Tagged , , , , , , , | Leave a comment

Plan Now to Use Health Flexible Spending Arrangements in 2019

The following article was published by the IRS. The Internal Revenue Service is reminding eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement (FSA) during 2019. FSAs provide … Continue reading

Posted in FSA, Health Care, IRS, Personal Finance, Personal Taxes, Planning Strategies, Tax Tips, Taxes, Year End | Tagged , , , ,

How to budget for holiday shopping

It’s really amazing how so many people handle their finances with discipline for most of the year, only to let things completely fall apart when the holidays arrive. Part of the reason is that we spend a lot more time … Continue reading

Posted in Personal Finance, Planning Strategies | Tagged , , , , , , , , , , , , , , , , , , , ,

Combat-Zone Contract Workers Qualify for Foreign Earned Income Exclusion

The following article was published by the IRS. Certain U.S. citizens or resident aliens, specifically contractors or employees of contractors supporting the U.S. Armed Forces in designated combat zones, may now qualify for the foreign earned income exclusion. The Bipartisan … Continue reading

Posted in IRS, Military, Personal Taxes, Tax Law Changes, Tax Tips, Taxes | Tagged , , , , , , , ,

How to Find a Job When You’re Retired

Looking for a job is a job in and of itself. But as we age, it is often assumed that finding a job gets even harder. This may be true if you are trying to complete with a younger demographic … Continue reading

Posted in Government, Retirement | Tagged , , , , , , , , , , , , , , , , , ,