Tag Archives: Plymouth MA tax accountant

Tax Cuts and Jobs Act (TCJA)

Posted on December 11, 2018 by cozbycpa

The TCJA was signed into law at the end of 2017. The IRS has been working throughout 2018 on this major piece of tax legislation, issuing proposed regulations, notices, memos, FAQs and more to help businesses make sense of all … Continue reading →

Posted in Corporate Taxes, IRS, Planning Strategies, Self-Employed, Small Business Association (SBA), Tax Credits, Tax Deductions, Tax Law Changes, Tax Relief, Tax Tips, Taxes, Year End | Tagged 100% first-year depreciation deduction, carryback of net operating losses (NOLs), Cozby & Company, Domestic Production Activity Deduction (DPAD), IRS business tax reform page, Plymouth MA tax accountant, Tax Cuts and Jobs Act, tax-deductible entertainment expenses, TCJA | Comments Off

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

Posted on November 28, 2018 by cozbycpa

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 Cozby & Company, employer reimbursements for employee moving expenses, employment tax adjustment and refund procedures, IRS Publication 15, Plymouth MA tax accountant, Tax Cuts and Jobs Act, tax reform, work-related moving expenses | Comments Off

Taxpayers who Support Dependents Should Check Their Withholding Now

Posted on November 7, 2018 by cozbycpa

The following article was published by the IRS. Taxpayers who support older dependents should head over to the Withholding Calculator on IRS.gov and do a “paycheck checkup” ASAP. They can use the calculator to make sure they are having their … Continue reading →

Posted in Child Tax Credit, IRS, Personal Taxes, Planning Strategies, Tax Credits, Tax Law Changes, Tax Tips, Taxes, Uncategorized | Tagged Cozby & Company, expanded Child Tax Credit, how to check your tax withholding, IRS Credit for Other Dependents, IRS Withholding Calculator, paycheck checkup, Plymouth MA tax accountant, qualifications for the Credit for Other Dependents, Tax Cuts and Jobs Act | Comments Off

Document Retention Guide

Posted on September 11, 2013 by cozbycpa

Have you ever wondered just how long you need to keep certain documents? Unfortunately, it’s not just a simple matter of how long you think you may need them, or how much space you have to store them. The law … Continue reading →