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 ...
Read More Money received through ‘crowdfunding’ may be taxable
By Kaufman Accounting |
With the increasing popularity of crowdfunding, the IRS reminds taxpayers that crowdfunding activities may be taxable. What is Crowdfunding? Crowdfunding ...
Read More Reasons why some tax refunds filed electronically take longer than 21 days
By Kaufman Accounting |
Even though the Internal Revenue Service issues most refunds in less than 21 days for taxpayers who filed electronically and ...
Read More