Tax Planning: Income Tax Changes for Individuals

Last year, a number of late-stage law changes, including the passage of expired tax credits (known as “tax extenders”) and Affordable Care Act deadline changes, made tax planning more challenging than usual for individuals.

Don’t Fall Victim to ‘Dirty Dozen’ Tax Scams of 2015

Did you know you are responsible for all items on your tax return – even if you are the victim of a tax scam that caused you to unknowingly miscalculate that information? Errors on your tax return could lead to significant penalties.

IRS Makes It Easier for Hedge Fund Traders to Revoke Section 475(f) Election

Hedge fund traders looking to revoke an election for tax year 2015 may still have time to do so, but they need to act fast because the April 15th deadline is rapidly approaching.

Want to Avoid an IRS Audit? Pay Attention to These 5 High-Risk Areas

Typically, less than 1% of all tax returns will be audited by the IRS. Due to budget cuts, 2014’s audit rate is expected to drop even lower. But if you think that means you or your company are in the clear, think again.

Kaufman Rossin in the Community: Supporting Women-Led Businesses

Florida has 564,400 businesses owned by women, the fourth largest number in the nation, and Miami ranks fourth among metro areas, with 242,600 women-owned firms. Kaufman Rossin’s support for The Commonwealth Institute demonstrates our commitment to this vital engine of growth.

What Broker-Dealers Can Learn from FIBA’s AML Compliance Conference

Broker-dealer firms, on the whole, have increased their suspicious activity report (SAR) filings in the past couple of years. However, some broker-dealers are still not living up to their Bank Secrecy Act (BSA) obligations.

Understanding the Cyber Enemy: 4 Risks to Data Security at Your Firm

Small businesses may think they’re less vulnerable to cyber-attacks than their large counterparts, but that isn’t necessarily true. In fact, nearly half of all small businesses have been a victim of cyber-attacks

QuickBooks Tip: Scheduling Automated Emails for Memorized Reports

Did you know QuickBooks Online allows you to set a schedule for automatically emailing reports to the recipient of your choosing? Emailing reports can help you to automate your important financial tasks and make your life easier.

What Makes Our Firm a ‘Best Place to Work’?

We often talk about what it means to be a best place to work, a concept that is ingrained in the founding fabric of our firm. Read on to see why Kaufman Rossin employees from across our practice areas, offices, and generations believe our firm is a “best place.”

(I Think) I Hereby Bequeath My Art To…

Bequeathing valuable art to a charity can be as complex and confusing as a Salvador Dali painting. If you’re thinking about donating particular pieces or your entire art collection to a museum or other charity, you should be aware of the related implications.