In this week’s Wednesday episode (May 6, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather Cozby gave an update on the status of debt forgiveness for the PPP loans, which were not intended to be considered taxable income. This week the IRS confirmed that while the loan forgiveness itself is not taxable income, any [...]
Live music and local businesses are very near and dear to my heart. For that reason, Cozby & Company is proud to be a Presenting Sponsor of "Couchella" this Saturday, May 9, 2020 from 7-10pm. Below is a brief clip I put together for the event. This virtual fundraising concert will benefit the Plymouth One Fund, [...]
This article was published by the IRS. Frequently Asked Questions General Information Determining the Amount of the Tax Credit for Qualified Sick Leave Wages Determining the Amount of the Tax Credit for Qualified Family Leave Wages Determining the Amount of Allocable Qualified Health Plan Expenses How to Claim the Credits How Should an Employer Substantiate Eligibility [...]
The IRS has been releasing stimulus payments over the last few weeks to help give a cushion to millions of Americans during this time of crisis. While this will undoubtedly offer some help, it's also important to look for ways to save and cut back on expenses until things become more certain down the road. There [...]
In this week’s Wednesday episode (April 29, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather Cozby gave an encouraging update: over the last week, she's seen money flowing through all the program channels, including stimulus payments, federal unemployment payments, PPP funds, and economic injury disaster loans. Individuals and businesses may not be notified when [...]
