Tag Archives: Heather Cozby CPA

Year End: Tax Planning Considerations for Businesses & Business Owners

The tips below were included in our 2018 Year-End Business Client Guide. Tip #1 – For tax years beginning after 2017, taxpayers other than corporations may be entitled to a deduction of up to 20% of their qualified business income. … Continue reading

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

Best Money Gifts for Kids

As parents, it’s important to help lay a solid foundation for our children, especially when it comes to finances. While you can’t avoid challenges in your child’s life, you can significantly lessen financial stress if you teach them how money … Continue reading

Posted in Holiday Tips, Investing, IRS, Personal Finance, Planning Strategies | 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

Simple Steps to Avoid Rip-offs

Now that holiday shopping season has officially begun, it’s important to be on the lookout for scams. We are going to take a brief look at some simple rules of fraud prevention to help this process along: Haste Makes Waste … Continue reading

Posted in Data Security, Fraud, Holiday Tips, Identity Theft, IRS, Personal Finance, Planning Strategies | 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 , , , , , , , , , , , , , , , , , ,