FJ-Associates-IndividualTax Banner

Tax Treatment of Virtual Currency Transactions

Posted by Taylor Bennett on Nov 21, 2019 8:03:00 AM
Read More

Topics: Taxable Income, Personal Finance, Taxes, Record Keeping, Tax Return

Tax Preparation vs. Tax Planning

Posted by Scott Farnes on Oct 10, 2019 8:23:00 AM
Read More

Topics: Business Ownership, Personal Finance, Taxes, Record Keeping, Managing Your Tax Liability, Tax Return, Tax Planning, Tax Preparation

Homeowner Records: What to Keep and How Long

Posted by Taylor Bennett on Sep 16, 2019 8:33:00 AM

Keeping full and accurate homeowner records is not only vital for claiming deductions on your tax return, but also for determining the basis or adjusted basis of your home. These records include your purchase contract and settlement papers if you bought the property, or other objective evidence if you acquired it by gift, inheritance, or similar means. You should also keep any receipts, canceled checks, and similar evidence for improvements or other additions to the basis.

Read More

Topics: Personal Finance, Record Keeping