Why the Economic Impact Payment Amount Could Be Different than Anticipated

This article was published by the IRS. The IRS and Treasury have successfully delivered nearly 130 million Economic Impact Payments to Americans in less than a month, and more are on the way. Some Americans may have received a payment amount different than what they expected. Payment amounts vary based on income, filing status and family [...]

Town of Plymouth’s “COVID-19 Daily Update” – May 6, 2020

In this week’s Wednesday episode (May 6, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather Cozby gave an update on the status of debt forgiveness for the PPP loans, which were not intended to be considered taxable income. This week the IRS confirmed that while the loan forgiveness itself is not taxable income, any [...]

Tune in This Saturday Evening for the Couchella Fundraising Event!

Live music and local businesses are very near and dear to my heart. For that reason, Cozby & Company is proud to be a Presenting Sponsor of "Couchella" this Saturday, May 9, 2020 from 7-10pm. Below is a brief clip I put together for the event. This virtual fundraising concert will benefit the Plymouth One Fund, [...]

COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses FAQs

This article was published by the IRS. Frequently Asked Questions General Information Determining the Amount of the Tax Credit for Qualified Sick Leave Wages Determining the Amount of the Tax Credit for Qualified Family Leave Wages Determining the Amount of Allocable Qualified Health Plan Expenses How to Claim the Credits How Should an Employer Substantiate Eligibility [...]

Town of Plymouth’s “COVID-19 Daily Update” – April 29, 2020

In this week’s Wednesday episode (April 29, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather Cozby gave an encouraging update: over the last week, she's seen money flowing through all the program channels, including stimulus payments, federal unemployment payments, PPP funds, and economic injury disaster loans. Individuals and businesses may not be notified when [...]