What records do I need to maintain regarding my transactions in Virtual Currency?
By Kaufman Accounting |
Record keeping is an important part of any investment transaction. With the rising popularity of cryptocurrencies, we have had many ...
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Tax tips for gig economy entrepreneurs and workers
By Kaufman Accounting |
In recent years, the gig economy has changed how people do business and provide services. Taxpayers must report their gig ...
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Taxpayers should hang up if tax season scammers come calling
By Kaufman Accounting |
The tax filing season is a popular time for scammers to call and try to dupe unsuspecting taxpayers. These thieves ...
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Choosing and Identifying Cost Basis when units of Virtual Currency are sold
By Kaufman Accounting |
Often, these units are acquired at different times with different cost basis amounts. The IRS has compiled a series of ...
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401(k) limit increases to $22,500 for 2023, IRA limit rises to $6,500
By Kaufman Accounting |
The Internal Revenue Service announced recently that the amount individuals can contribute to their 401(k) plans in 2023 has increased ...
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Cyber Security Awareness
By Kaufman Accounting |
Cybersecurity Awareness Month, conducted every October, is a collaboration between government and private industry to raise awareness about digital security ...
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