FJ-Associates-IndividualTax Banner

Ready to File? This Tax Records Checklist Will Help

Posted by Scott Farnes on May 13, 2020 8:03:00 AM

If you're a taxpayer who has not yet filed their 2019 tax return, you may be getting ready to do so now. One of the first things you will need to do - before visiting your tax preparer - is to gather all of your year-end income documents. Doing so ensures that your tax return is complete and accurate.

Read More

Topics: Taxes, Record Keeping, Tax Return, Tax Preparation

Five Tips to Protect Against Identity Theft

Posted by Taylor Bennett on Apr 23, 2020 8:32:00 AM

Tax-related ID theft occurs when someone uses a taxpayer's stolen personal information to file a tax return claiming a fraudulent refund. Thieves then use personal information like a stolen Social Security number. While the accounting profession and IRS work hard to prevent identity theft, taxpayers also play an important role.

Read More

Topics: Personal Finance, Taxes, Record Keeping

Reporting Tip Income: The Basics

Posted by Taylor Bennett on Mar 25, 2020 8:17:00 AM

The short answer is yes, tips are taxable. If you work at a hair salon, barbershop, casino, golf course, hotel, or restaurant, or drive a taxicab, then the tip income you receive as an employee from those services is taxable income. Here are a few other tips about tips:

Read More

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

Tax Planning Includes Keeping Good Records

Posted by Taylor Bennett on Jan 8, 2020 8:21:00 AM
Read More

Topics: Taxes, Record Keeping, Tax Planning

Recordkeeping Tips for Small Business Owners

Posted by Taylor Bennett on Dec 12, 2019 8:18:00 AM
Read More

Topics: Business Ownership, Record Keeping, Small Business

Be Prepared When Natural Disasters Strike

Posted by Missy Dennis on Oct 4, 2019 1:39:01 PM

While September and October are prime time for Atlantic hurricanes, natural disasters of any kind can strike at any time. As such, it's a good idea for taxpayers to think about - and plan ahead for - what they can do to be prepared.

Read More

Topics: Personal Finance, Record Keeping

More Tax Tips