Basis- The cost or original purchase price of an asset owned by a taxpayer. The cost of the asset may be adjusted upwards by the cost of improvements, or may be adjusted downward by depreciating the asset.
------------------------------------------------------------------------------------------------
As always, you can find an array of articles by perusing this site or by checking out my coworkers' individual sites:
------------------------------------------------------------------------------------------------
And if you need the assistance of a tax resolution firm, seek out the best: Effectur, Inc.
Posts
No comments:
Post a Comment