Have tax withheld from unemployment now to avoid a tax-time surprise later
By Kaufman Accounting |
2020 has been a unique year that has brought many taxpayers unprecedented challenges. Due to the Coronavirus pandemic, millions of ...
Read More 
Terms to help taxpayers better understand Individual Retirement Arrangements
By Kaufman Accounting |
IRA, Roth IRA, Simple IRA, Contribution, Distribution – when considering Individual Retirement Arrangements (IRA’s) things can get a little confusing. ...
Read More 
Earning a side income: Is it a hobby or a business?
By Kaufman Accounting |
Whether it’s something you’ve been doing for years or something that you have just started recently to make extra month, ...
Read More 
Home Office deduction: What taxpayers need to know
By Kaufman Accounting |
The home office deduction allows qualifying taxpayers to deduct certain home expenses on their tax return. With more people working from home ...
Read More 
Paycheck Protection Program Loan Forgiveness
By Kaufman Accounting |
The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small business affected by COVID-19 ...
Read More 
A letter from the IRS? What taxpayers need to know if they receive a notice from the IRS
By Kaufman Accounting |
According to the Internal Revenue Service (IRS), they mail letter or notices to taxpayers every year for many different reasons.Here ...
Read More