Planning Strategies Archives

Questions and Answers about Executive Order 14247: Modernizing Payments To and From America’s Bank Account
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Questions and Answers about Executive Order 14247: Modernizing Payments To and From America’s Bank Account

Compliance, Corporate Taxes, E-file, EFTPS, IRS, Payroll, Personal Taxes, Planning Strategies, Self-Employed, Small Business, Tax Law Changes, Tax Payments, Tax Tips, Taxes

Questions and Answers about Executive Order 14247: Modernizing Payments To and From America’s Bank Account

FS-2026-02, Jan. 2026 This Fact Sheet provides answers to frequently asked questions about the implementation of Executive Order 14247, Modernizing Payments To and From America’s Bank Account. These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible. Accordingly, these FAQs may not address any particular taxpayer’s specific facts [...]

Filing Information Returns Electronically with the IRS
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Filing Information Returns Electronically with the IRS

Information Returns, IRS, IRS Video, Planning Strategies, Self-Employed, Small Business, Tax Tips, Taxes, Videos, YouTube

Filing Information Returns Electronically with the IRS

Anyone who files 10 or more information returns with the IRS is now required to file those returns electronically using the Information Returns Intake System, also known as IRIS. Using IRIS is a quick and easy process that also helps reduce common errors that can happen when filing them on paper. IRIS is free, secure, accurate, [...]

cozbycpa2026-01-21T07:52:08-05:00January 19th, 2026|Categories: Information Returns, IRS, IRS Video, Planning Strategies, Self-Employed, Small Business, Tax Tips, Taxes, Videos, YouTube|Tags: Cozby & Company, CPA Heather Cozby, how to file information returns electronically with the IRS, information returns intake system, Plymouth MA tax preparer|

A Cruisin’ Tax Tip for New Car Owners
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A Cruisin’ Tax Tip for New Car Owners

Interest, IRS, IRS Video, Personal Finance, Personal Taxes, Planning Strategies, Tax Deductions, Tax Law Changes, Tax Relief, Tax Tips, Taxes, Videos, YouTube

A Cruisin’ Tax Tip for New Car Owners

Now that car loan interest can be tax-deductible, going out for a ride seems more relaxing! Thanks to the One Big Beautiful Bill, the maximum car loan interest deduction is $10,000. It's available for both itemizing and non-itemizing taxpayers. You must include the vehicle identification number (VIN) on your tax return to claim the deduction. Learn [...]

cozbycpa2026-01-12T10:16:10-05:00January 12th, 2026|Categories: Interest, IRS, IRS Video, Personal Finance, Personal Taxes, Planning Strategies, Tax Deductions, Tax Law Changes, Tax Relief, Tax Tips, Taxes, Videos, YouTube|Tags: best accountant in Plymouth MA, car loan interest deduction, Cozby & Company, CPA Heather Cozby, how to claim the new car loan interest deduction, is car loan interest tax-deductible, One Big Beautiful Bill, Plymouth MA taxes|

What Taxpayers Can Do to Get Ready for the 2026 Tax Filing Season
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What Taxpayers Can Do to Get Ready for the 2026 Tax Filing Season

IRS, Personal Taxes, Planning Strategies, Tax Credits, Tax Deductions, Tax Law Changes, Tax Payments, Tax Tips, Taxes, Year End

What Taxpayers Can Do to Get Ready for the 2026 Tax Filing Season

This article was published by the IRS. The 2026 tax filing season is drawing near. The IRS encourages taxpayers to “Get Ready” and start preparing now. Taking a few steps today can save time and help taxpayers ensure they’re filing accurate returns in the coming months. The annual IRS "Get Ready" campaign is a series of [...]

cozbycpa2026-01-07T08:02:50-05:00January 7th, 2026|Categories: IRS, Personal Taxes, Planning Strategies, Tax Credits, Tax Deductions, Tax Law Changes, Tax Payments, Tax Tips, Taxes, Year End|Tags: Cozby & Company, CPA Heather Cozby, how to access an existing IRS online account, how to gather and organize tax records, how to set up an IRS online account, Plymouth MA tax accountant, what taxpayers can do to get ready for the 2026 tax filing season|

2025 Year-End Checklist for Businesses
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2025 Year-End Checklist for Businesses

Accounting, Bookkeeping, Compliance, Corporate Taxes, Planning Strategies, Self-Employed, Small Business, Tax Tips, Taxes

2025 Year-End Checklist for Businesses

You still have a few hours left to take any important year-end financial or tax planning action for your business. This handy 2025 year-end checklist from Paychex can help! Click here to download.

cozbycpa2025-12-31T14:36:46-05:00December 31st, 2025|Categories: Accounting, Bookkeeping, Compliance, Corporate Taxes, Planning Strategies, Self-Employed, Small Business, Tax Tips, Taxes|Tags: 2025 year-end checklist, Cozby & Company, CPA Heather Cozby, Plymouth MA accountant, year end financial planning, year-end tax planning|