In this week’s Wednesday episode (April 22, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather Cozby provided additional clarification as to who qualifies for the economic stimulus payments, whether they are considered taxable, and whether any portion of these payments will need to be refunded should personal circumstances change in the year ahead. She [...]
There is a lot of conflicting information regarding the stimulus checks going out to a significant amount of Americans. It is important to separate facts from speculation. Some are wondering whether or not the stimulus checks, which top out at $1200 per taxpaying adult, will be subtracted from next year's taxes. The simple answer is no. [...]
In this week's Wednesday episode (April 8, 2020) of the Town of Plymouth's "COVID-19 Daily Update," Heather Cozby addressed the gap between the government programs being set up and the current lack of cash flow. She discussed the status of the Economic Stimulus Payments and Payroll Protection Program, as well as unemployment benefits and Economic Disaster [...]
Along with the paramount health concerns right now, you may be wondering about some of the recent tax changes meant to help everyone coping with the coronavirus fallout. I want to update you on the tax-related provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress' gigantic economic stimulus package that the President signed [...]
We hope many of you were able to tune in to the Town of Plymouth's "COVID-19 Daily Update" on PAC-TV Wednesday to hear Heather give a big picture overview of the current situation from her industry perspective. If you missed it, here's the video above. Heather has been asked to appear on the show every Wednesday [...]
