When the lemonade stand makes bank: Young entrepreneurs and taxes
By Kaufman Accounting |
Teens and young adults often go into business for themselves over the summer or after school. This work can include ...
Read More Accepting virtual currency as payment
By Kaufman Accounting |
As virtual currency gains acceptance, more people are paying for services and accepting payment in this form. The IRS has ...
Read More Preparing for a Natural Disaster
By Kaufman Accounting |
In 2021, the Federal Emergency Management Agency (FEMA) declared major disasters following hurricanes, tropical storms, tornados, severe storms, straight-line winds, ...
Read More School is out for summer, but tax planning is year round
By Kaufman Accounting |
Now that the April filing deadline has passed, most people are spending more time thinking about summer vacations than taxes. ...
Read More What is virtual currency?
By Kaufman Accounting |
The IRS explains that virtual currency is treated as property for Federal income tax purposes and provides examples of how ...
Read More What taxpayers should do if they get an identity theft letter from the IRS
By Kaufman Accounting |
With identity theft on the rise, the IRS wants taxpayers to understand what they should do when they receive an ...
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