November 2025- Q&A, Virtual Currency
By Kaufman Accounting |
Q&A with virtual currency Q1: Do I have income if I provide someone with a service and that person pays ...
Read More Hobby or Business?
By Kaufman Accounting |
If an individual, partnership, estate, trust, or an S corporation engages in an activity that is not conducted as a ...
Read More October 2025- Q&A, Virtual Currency
By Kaufman Accounting |
Q&A with virtual currency Q1: How is virtual currency treated for federal income tax purposes?A1. Virtual currency is treated as ...
Read More Gift Tax
By Kaufman Accounting |
Gift TaxThere is no dollar limit on the amount that one person is allowed to give to another. Gift tax ...
Read More September 2025- Q&A, Virtual Currency
By Kaufman Accounting |
Q&A with virtual currency Q1: What is virtual currency?A1. Virtual currency is a digital representation of value, other than a ...
Read More Foreign Bank and Financial Accounts
By Kaufman Accounting |
If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage ...
Read More