Tax Relief Archives - Page 4 of 35

Treasury, IRS Provide Penalty Relief for Tax Year 2025 for Information Reporting on Tips and Overtime under the One, Big, Beautiful Bill
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Treasury, IRS Provide Penalty Relief for Tax Year 2025 for Information Reporting on Tips and Overtime under the One, Big, Beautiful Bill

Corporate Taxes, IRS, Payroll, Personal Finance, Personal Taxes, Self-Employed, Small Business, Tax Law Changes, Tax Relief, Tax Tips, Taxes

Treasury, IRS Provide Penalty Relief for Tax Year 2025 for Information Reporting on Tips and Overtime under the One, Big, Beautiful Bill

This article was published by the IRS. The Department of the Treasury and the Internal Revenue Service have issued guidance providing penalty relief to employers and other payors for tax year 2025 regarding new information reporting requirements for cash tips and qualified overtime compensation under the One, Big, Beautiful Bill. Transition penalty relief for tax year [...]

cozbycpa2025-11-12T07:55:22-05:00November 12th, 2025|Categories: Corporate Taxes, IRS, Payroll, Personal Finance, Personal Taxes, Self-Employed, Small Business, Tax Law Changes, Tax Relief, Tax Tips, Taxes|Tags: Cozby & Company, CPA Heather Cozby, new reporting requirements under the One Big Beautiful Bill, no tax on overtime, no tax on tips, One Big Beautiful Bill provisions, Plymouth MA accountant, transition penalty relief for tax year 2025|

Treasury, IRS Provide Transition Relief for 2025 for Businesses Reporting Car Loan Interest under the One, Big, Beautiful Bill
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Treasury, IRS Provide Transition Relief for 2025 for Businesses Reporting Car Loan Interest under the One, Big, Beautiful Bill

Bookkeeping, Compliance, Corporate Taxes, Debt, Interest, IRS, Personal Taxes, Self-Employed, Small Business, Tax Deductions, Tax Law Changes, Tax Relief, Tax Tips, Taxes

Treasury, IRS Provide Transition Relief for 2025 for Businesses Reporting Car Loan Interest under the One, Big, Beautiful Bill

This article was published by the IRS. The Department of the Treasury and the Internal Revenue Service have provided transitional guidance for businesses required to report car loan interest under the One, Big, Beautiful Bill. Notice 2025-57 provides penalty relief and guidance to certain lenders for new information reporting requirements for car loan interest received in [...]

cozbycpa2025-11-05T10:59:33-05:00November 5th, 2025|Categories: Bookkeeping, Compliance, Corporate Taxes, Debt, Interest, IRS, Personal Taxes, Self-Employed, Small Business, Tax Deductions, Tax Law Changes, Tax Relief, Tax Tips, Taxes|Tags: Cozby & Company, CPA Heather Cozby, how are businesses required to report car loan interest under the One Big Beautiful Bill, no tax on car loan interest, One Big Beautiful Bill provisions, Plymouth MA tax accountant|

Preparing for Disasters
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Preparing for Disasters

Corporate Taxes, IRS, IRS Video, Personal Taxes, Self-Employed, Small Business, Tax Relief, Tax Tips, Taxes, Videos, YouTube

Preparing for Disasters

It's important to think about hurricanes, tornadoes, and other disasters so you're prepared in case they happen. This includes safeguarding your tax forms and other financial records. First, you could take advantage of electronic record keeping. See if you can receive your bank statements and related documents by email. For paper documents such as W-2s and [...]

cozbycpa2025-09-15T10:11:20-04:00September 15th, 2025|Categories: Corporate Taxes, IRS, IRS Video, Personal Taxes, Self-Employed, Small Business, Tax Relief, Tax Tips, Taxes, Videos, YouTube|Tags: Cozby & Company, CPA Heather Cozby, how to set up electronic record keeping, IRS disaster loss workbooks, Plymouth MA accountant, preparing for disasters|

People Paying Disability-Related Expenses: Consider an ABLE Savings Account and Savers Credit
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People Paying Disability-Related Expenses: Consider an ABLE Savings Account and Savers Credit

IRS, Personal Finance, Personal Taxes, Saver's Credit, Tax Credits, Tax Relief, Tax Tips, Taxes

People Paying Disability-Related Expenses: Consider an ABLE Savings Account and Savers Credit

This article was published by the IRS. People with disabilities and their families can use Achieving a Better Life Experience accounts to help pay for qualified disability-related expenses. ABLE accounts are savings accounts that don't affect eligibility for government assistance programs. Here are some key things people should know about these accounts. Contribution limit The contribution [...]

IRS.gov Resources and Disaster Tax Relief Information
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IRS.gov Resources and Disaster Tax Relief Information

Corporate Taxes, Government, IRS, Personal Taxes, Planning Strategies, Self-Employed, Small Business, Tax Extensions, Tax Relief, Tax Tips, Taxes

IRS.gov Resources and Disaster Tax Relief Information

This article was published by the IRS. Although hurricane season is underway, disasters can happen anywhere and anytime. IRS.gov has information disaster survivors may need, including information about disaster-related filing extensions and tax relief. IRS.gov webpages These IRS.gov webpages have tax-related disaster relief information: IRS news from around the nation: News about disaster relief and tax [...]

cozbycpa2025-08-20T11:24:43-04:00August 20th, 2025|Categories: Corporate Taxes, Government, IRS, Personal Taxes, Planning Strategies, Self-Employed, Small Business, Tax Extensions, Tax Relief, Tax Tips, Taxes|Tags: Cozby & Company, CPA Heather Cozby, IRS disaster assistance, IRS Publication 3067, IRS Publication 547, IRS Publication 584, IRS Publication 584-B, IRS resources and disaster tax relief information, Plymouth MA tax accountant|