Personal Taxes Archives - Page 34 of 84

COVID Tax Relief: IRS Provides Broad-Based Penalty Relief for Certain 2019 and 2020 Returns Due to the Pandemic; $1.2 Billion in Penalties Being Refunded to 1.6 million Taxpayers
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COVID Tax Relief: IRS Provides Broad-Based Penalty Relief for Certain 2019 and 2020 Returns Due to the Pandemic; $1.2 Billion in Penalties Being Refunded to 1.6 million Taxpayers

Coronavirus, IRS, Personal Finance, Personal Taxes, Tax Refunds, Tax Relief, Tax Tips, Taxes

COVID Tax Relief: IRS Provides Broad-Based Penalty Relief for Certain 2019 and 2020 Returns Due to the Pandemic; $1.2 Billion in Penalties Being Refunded to 1.6 million Taxpayers

This article was published by the IRS. To help struggling taxpayers affected by the COVID-19 pandemic, the Internal Revenue Service has issued Notice 2022-36, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late. The IRS is also taking an additional step to help those who paid these penalties [...]

cozbycpa2022-09-07T12:13:01-04:00September 7th, 2022|Categories: Coronavirus, IRS, Personal Finance, Personal Taxes, Tax Refunds, Tax Relief, Tax Tips, Taxes|Tags: broad-based COVID penalty relief, COVID tax relief, Cozby & Company, CPA Heather Cozby, IRS penalty relief, refunded tax penalties, tax penalties due to COVID to be refunded, tax preparers in Cape Cod|

Audits by Mail–What to Do?
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Audits by Mail–What to Do?

Audits, IRS, IRS Video, Personal Taxes, Tax Tips, Taxes, Videos, YouTube

Audits by Mail–What to Do?

The IRS conducts many types of audits each year to verify income and expenses claimed on tax returns. Many of these audits are conducted by mail. If you receive an audit by mail, be sure to read the letter carefully. The letter explains the issues involved and outlines the types of information you need to send [...]

cozbycpa2022-09-05T12:05:52-04:00September 5th, 2022|Categories: Audits, IRS, IRS Video, Personal Taxes, Tax Tips, Taxes, Videos, YouTube|Tags: best accountant in Plymouth MA, Cozby & Company, CPA Heather Cozby, how to respond to an IRS audit by mail, IRS audits by mail|

Making an Appointment for IRS Tax Help
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Making an Appointment for IRS Tax Help

IRS, IRS Video, Personal Taxes, Tax Tips, Taxes, Videos, YouTube

Making an Appointment for IRS Tax Help

If you want to speak with someone face to face at the IRS, just go to IRS.gov/appointment, then click "find a taxpayer assistance center office." Enter your zip code and then select which mileage radius you want to search within. Select the office listed, and make sure it offers the services you need. Remember that you [...]

cozbycpa2022-08-29T10:04:20-04:00August 29th, 2022|Categories: IRS, IRS Video, Personal Taxes, Tax Tips, Taxes, Videos, YouTube|Tags: Cozby & Company, CPA Heather Cozby, how to contact your local IRS office, how to make an appointment for IRS tax help, IRS taxpayer assistance center, tax preparers Plymouth MA|

Here’s What Taxpayers Should Know about Backup Withholding
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Here’s What Taxpayers Should Know about Backup Withholding

IRS, Personal Finance, Personal Taxes, Planning Strategies, Self-Employed, Small Business, Tax Payments, Tax Tips, Taxes

Here’s What Taxpayers Should Know about Backup Withholding

This article was published by the IRS. Backup withholding ensures that the government is paid the correct amount of taxes on specific types of payments reported on certain Forms 1099 and W-2G. Here are some facts about backup withholding: Backup withholding is required on certain non-payroll amounts when certain conditions apply. The payer making such payments [...]

cozbycpa2022-08-24T10:23:41-04:00August 24th, 2022|Categories: IRS, Personal Finance, Personal Taxes, Planning Strategies, Self-Employed, Small Business, Tax Payments, Tax Tips, Taxes|Tags: Cozby & Company, CPA Heather Cozby, payer's liability for backup withholding, tax planners in Plymouth MA, what is backup withholding, which payments are subject to backup withholding, who must deduct backup withholding|

Important Tax Reminders for People Selling a Home
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Important Tax Reminders for People Selling a Home

Debt, IRS, Personal Taxes, Real Estate, Tax Deductions, Tax Relief, Tax Tips, Taxes

Important Tax Reminders for People Selling a Home

This article was published by the IRS. A lot of families move during the summer. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their tax return. Here are some things that homeowners should think about when selling a home: Ownership [...]

cozbycpa2022-08-17T09:34:43-04:00August 17th, 2022|Categories: Debt, IRS, Personal Taxes, Real Estate, Tax Deductions, Tax Relief, Tax Tips, Taxes|Tags: accountants in Plymouth MA, cancelled mortgage debt, Cozby & Company, CPA Heather Cozby, IRS Publication 523, mortgage debt forgiveness, tax reminders for people selling a house, who qualifies to exclude all or part of any gain from the sale from their income when filing their tax return|