Johnson Agen Kupferschmidt & Associates

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Johnson Agen Kupferschmidt & Associates An accounting and tax preparation firm serving clients throughout northwest Wisconsin.

Wishing a very Happy Birthday to the amazing Mel! 🎈🎁 Hope you get to celebrate big today and enjoy every minute of your ...
10/15/2026

Wishing a very Happy Birthday to the amazing Mel! 🎈🎁 Hope you get to celebrate big today and enjoy every minute of your day.🥂

💲Tax Tip Tuesday💲Taxpayer rights include being able to appeal an IRS decision in an independent forumTaxpayers have the ...
10/13/2026

💲Tax Tip Tuesday💲

Taxpayer rights include being able to appeal an IRS decision in an independent forum

Taxpayers have the right to appeal an IRS decision in an independent forum. What this means is they are entitled to a fair and impartial administrative appeal of most decisions made by the IRS, including many penalties. This is another one of the ten rights that make up the Taxpayer Bill of Rights. Understanding these rights helps taxpayers if they need to work with IRS on a personal tax matter.

Important facts about this right:

The IRS Office of Appeals must be independent and separate from the IRS office that initially reviewed the case. Generally, Appeals will not discuss a case with the IRS to the extent that those communications appear to compromise the independence of Appeals.
When taxpayers don't agree with an IRS decision, they can refer to Publication 5, Your Appeal Rights and How To Prepare a Protest If You Don't Agree, for details on how to appeal.
Taxpayers who receive a statutory notice of deficiency, which is a notice proposing additional tax, may file a timely petition with United States Tax Court to dispute the proposed adjustment before they must pay the tax.
Taxpayers have the right to receive a written response regarding a decision from the Office of Appeals.
Generally, taxpayers may file a refund suit in a United States District Court or the United States Court of Federal Claims if:
They have fully paid the tax and the IRS has denied their tax refund claim.
No action is taken on the refund claim within six months.
It's been less than two years since the IRS mailed them a notice denying the refund.



Tune in to 96.1 WJMC every Wednesday morning at 7:45am for more tax tips with Brenda!
www.jakaccounting.com

Happy Birthday to the one and only Meghan! 🥳🎈Thank you for bringing your awesome energy and talent to the team every sin...
10/12/2026

Happy Birthday to the one and only Meghan! 🥳🎈

Thank you for bringing your awesome energy and talent to the team every single day. Wishing you the absolute best year ahead—cheers to you today! 🥂🎁

💲Tax Tip Tuesday💲Eligible taxpayers may receive automatic penalty reliefTaxpayers with a history of filing and paying on...
10/06/2026

💲Tax Tip Tuesday💲

Eligible taxpayers may receive automatic penalty relief

Taxpayers with a history of filing and paying on time may now have an easier path to receive penalty relief.

This summer, the IRS’s new Automatic Exemption from Penalty or AEP will replace the long-standing First Time Abate administrative relief. AEP is designed to eliminate the need to contact the IRS to request relief and reduce burden for those with a timely compliance history.

Eligibility
AEP applies to eligible original returns beginning with tax year 2025 and 2026 quarterly returns and future tax periods. Taxpayers qualify if they have a history of filing on time and paying any tax due in the previous 3 years (or 12 consecutive quarters for quarterly returns).
When eligible, penalties are not assessed during processing for:

Failure to file
Failure to pay
Failure to deposit

Eligible taxpayers do not need to take action to receive this relief. If the IRS applies AEP, the taxpayer will receive a notice that the relief was granted. Not all returns are eligible for AEP. Some returns like ones filed only in response to specific transactions or infrequent events (such as Form 706, U.S. Estate Tax Return or Form 709 Gift Tax Return) generally are not eligible.

As First Time Abate phases out and transitions to AEP, some qualifying taxpayers may still receive penalty notices for eligible tax year 2025 and 2026 quarterly returns. Taxpayers who believe they qualify may contact the IRS to request First Time Abate during this transition. AEP will replace First Time Abate for eligible returns with original due dates on or after Jan. 1, 2027. Please visit Administrative penalty relief for more information.

Other penalty relief options
Taxpayers who do not qualify for AEP may still request penalty relief based on reasonable cause and they will be notified of the outcome. See Penalty relief for reasonable cause for more information. While AEP prevents the assessment of certain penalties, taxpayers must still pay any tax and interest due, as well as any penalties not eligible for relief.


Tune in to 96.1 WJMC every Wednesday morning at 7:45am for more tax tips with Brenda!
www.jakaccounting.com

Shouting it from the rooftops: Happy Accounting Clerk Week! 🎉💸
10/05/2026

Shouting it from the rooftops: Happy Accounting Clerk Week! 🎉💸

26 years of pure excellence! 🙌Happy Work Anniversary to the one and only, Deanna! Thank you for 2.5+ decades of loyalty,...
10/01/2026

26 years of pure excellence! 🙌

Happy Work Anniversary to the one and only, Deanna! Thank you for 2.5+ decades of loyalty, expertise, and being an absolute joy to work with. Here's to celebrating you today! 🎉🥂

Happy 14th Work Anniversary! 🥂✨14 years of hard work, endless laughs, and making big achievements look easy. Working alo...
10/01/2026

Happy 14th Work Anniversary! 🥂✨

14 years of hard work, endless laughs, and making big achievements look easy. Working alongside you is a gem of an experience. Thank you for everything you bring to the team! 🎉

💲Tax Tip Tuesday💲Keep an eye out for common charitable contributions scamsScammers have been known to take advantage of ...
09/29/2026

💲Tax Tip Tuesday💲

Keep an eye out for common charitable contributions scams

Scammers have been known to take advantage of people’s kindness and generosity. Whether it’s creating a fake charity or encouraging the use of inaccurate estimates for donated property, taxpayers should be aware and proceed with caution.

Let’s explore these common scams and schemes around charitable donations that were part of the 2026 Dirty Dozen list.

Fake charities
After a disaster or tragedy, scams of all kinds often increase. A common one is when fraudsters create fake charities to collect donations and personal information. A few things to keep in mind before donating:

Verify if the organization is a qualified tax-exempt organization. Donations to individuals are not deductible. Taxpayers can use the Tax Exempt Organization Search tool on IRS.gov to verify whether an organization is eligible to receive tax-deductible contributions.
Taxpayers who give money or goods to a charity may be able to claim a deduction on their federal tax return if they itemize deductions. Taxpayers who don’t itemize still may be able to deduct cash contributions. It’s important to know donations only count if they go towards a qualified tax-exempt organization according to the IRS.
Keep receipts and documentation of all donations, whether cash or other property.

Non-cash charitable contribution schemes
This scheme isn’t directly related to disasters but is still one that taxpayers need to be mindful of. Some schemes involve inflated appraisals of donated property such as syndicated conservation easements, art, or other assets. If a taxpayer donates property or goods, they need to keep good records and accurately document the fair market value. Don’t be tempted by promises to eliminate or substantially reduce tax liability.

Reporting a suspected scam
Taxpayers and tax professionals can report suspected tax fraud, scams, identity theft, or other tax-related wrongdoings to the IRS. Tips can be submitted confidentially using a smartphone, tablet, or computer at IRS.gov/submitatip. It consolidates IRS fraud-reporting options into one location and routes tips to the appropriate IRS office. If a taxpayer thinks their tax identity has been compromised, they should visit IRS.gov/idtheft for steps to protect their account.



Tune in to 96.1 WJMC every Wednesday morning at 7:45am for more tax tips with Brenda!
www.jakaccounting.com

We are thrilled to be at UW-Eau Claire today for the Career Fair! 🏢💼
09/23/2026

We are thrilled to be at UW-Eau Claire today for the Career Fair! 🏢💼

💲Tax Tip Tuesday💲Tips for tracking charitable donations Taxpayers who have made or plan to make charitable donations dur...
09/22/2026

💲Tax Tip Tuesday💲

Tips for tracking charitable donations

Taxpayers who have made or plan to make charitable donations during the year should keep good records of all their contributions. Organized records can make tax filing easier and help support a deduction if it's claimed on a federal tax return.

Here are some tips to help taxpayers keep track of charitable donations:

General deduction rules. Generally, taxpayers must itemize deductions on Schedule A (Form 1040), Itemized Deductions to claim a deduction for charitable contributions. However, beginning with tax year 2026, taxpayers who do not itemize may be able to deduct up to $1,000 in cash contributions, or $2,000 for married taxpayers filing jointly, made to certain qualified organizations.

Know what qualifies. Donations to individuals are not deductible. Examples of this include gifts or individual fundraising accounts. Taxpayers can use the Tax Exempt Organization Search tool on IRS.gov to verify whether an organization is eligible to receive tax-deductible contributions.

Keep proof of all cash donations. For any cash, check or other monetary gifts, taxpayers should keep a bank record or written communication from the charitable organization showing the organization's name, the date of the contribution and the amount donated.

Get a written acknowledgment for larger donations. Contributions of $250 or more, cash or property, require a written acknowledgment from the qualified organization before the deduction can be claimed. The documentation must include the amount of cash or description of the property. It also must state if the organization provided any goods or services in exchange for the gift. If so, description and a good faith estimate of the value of those goods or services must be provided.

Maintain records for non-cash donations. Taxpayers should keep records describing donated property and its fair market value. Additional documentation, including Form 8283, Noncash Charitable Contributions, and a qualified appraisal may be required for larger noncash donations.

Special rules apply to donations of certain types of property such as automobiles, inventory and certain other readily valued property. For more information, refer to Publication 526. For information on determining the value of noncash contributions, refer to Publication 561.



Tune in to 96.1 WJMC every Wednesday morning at 7:45am for more tax tips with Brenda!
www.jakaccounting.com

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Cumberland, WI

Opening Hours

Monday 8am - 4:30pm
Tuesday 8am - 4:30pm
Wednesday 8am - 4:30pm
Thursday 8am - 4:30pm
Friday 8am - 12pm

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