Christmas 2024 Playlist
All of us at Cozby & Company want to wish you and yours a very merry Christmas! Take some time to kick back and enjoy this relaxing and nostalgic Christmas playlist.
Frequently Asked Questions about Educational Assistance Programs
This article was published by the IRS. This fact sheet provides answers to frequently asked questions (FAQs) related to educational assistance programs under section 127 of the Internal Revenue Code (Code) (a section 127 educational assistance program). These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible. Accordingly, [...]
From Markers to Face Masks, Classroom Supplies May Be Tax Deductible
This article was published by the IRS. Teachers go above and beyond for their students, often buying classroom supplies needed to make learning successful. The educator expense deduction allows eligible teachers and administrators to deduct part of the cost of technology, supplies and training from their taxes. They can only claim this deduction for expenses that [...]
College Students Should Study Up on These Two Tax Credits
This article was published by the IRS. Anyone pursuing higher education, including specialized job training and grad school, knows it can be pricey. Eligible taxpayers who pay higher education costs for themselves, their spouse, or dependents in 2023 may be able to take advantage of two education tax credits. The American opportunity tax credit and the [...]
Small Business Tax Workshop
The IRS Small Business Tax Workshop is a series of online training videos covering tax topics for new and established small business owners. The first four topics in the workshop cover federal taxes, Schedule C, filing/paying taxes electronically, and the business use of your home - no matter the type of business you have, or if [...]