February 2026- Q&A, Virtual Currency
By Kaufman Accounting |
Q&A with virtual currency Q1: I receive virtual currency as a bona fide gift. Do I have income?A1: No. If ...
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Itemized Deductions-Interest Paid
By Kaufman Accounting |
Interest that is deductible as an itemized deduction. • Home mortgage interest paid that is acquisition debt, subject to limitations.• ...
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High Income Taxpayers
By Kaufman Accounting |
High-Income Taxpayers In addition to higher federal tax rates, taxpayers whose in-come exceeds certain levels may have reduced or eliminated ...
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Tax Time!
By Kaufman Accounting |
Get ready for tax filing season 2026! As tax filing season approaches, the IRS Get Ready campaign reminds taxpayers of ...
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Capital Gains and Losses
By Kaufman Accounting |
Capital Gains and Losses Capital AssetsMost property you own and use for personal or investment purposes is a capital asset. ...
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January 2026- Q&A, Virtual Currency
By Kaufman Accounting |
Q&A with virtual currency Q1: Will I recognize a gain or loss if I exchange my virtual currency for other ...
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