Plymouth MA tax accountant Archives - Page 5 of 5

2018 Employer Reimbursements for Employees’ 2017 Moves are Generally Tax-Free

The following article was published by the IRS. Employer payments or reimbursements in 2018 for employees’ moving expenses incurred prior to 2018 are excluded from the employee’s wages for income and employment tax purposes. The 2017 Tax Cuts and Jobs Act (TCJA) suspended the exclusion from income for moving expenses reimbursed or paid by an employer [...]

cozbycpa2018-11-28T09:57:33-05:00November 28th, 2018|Categories: IRS, Personal Taxes, Tax Law Changes, Tax Relief, Tax Tips, Taxes|Tags: Cozby & Company, employer reimbursements for employee moving expenses, employment tax adjustment and refund procedures, IRS Publication 15, Plymouth MA tax accountant, Tax Cuts and Jobs Act, tax reform, work-related moving expenses|

Taxpayers who Support Dependents Should Check Their Withholding Now

The following article was published by the IRS. Taxpayers who support older dependents should head over to the Withholding Calculator on IRS.gov and do a “paycheck checkup” ASAP. They can use the calculator to make sure they are having their employers are withhold the right amount of tax from their paychecks this year. The Tax Cuts [...]

cozbycpa2018-11-07T17:14:39-05:00November 7th, 2018|Categories: Child Tax Credit, IRS, Personal Taxes, Planning Strategies, Tax Credits, Tax Law Changes, Tax Tips, Taxes, Uncategorized|Tags: Cozby & Company, expanded Child Tax Credit, how to check your tax withholding, IRS Credit for Other Dependents, IRS Withholding Calculator, paycheck checkup, Plymouth MA tax accountant, qualifications for the Credit for Other Dependents, Tax Cuts and Jobs Act|