Jul 12, 2018 | Depreciation Tips, Tax Tips, Turo Taxes
Rideshare business owners are facing new tax regulations following the passage of the Tax Cuts and Jobs Act (TCJA) some of which have affected leasing and depreciation tax rules. As a result, Tax Reform means that rideshare business owners now need to reassess the...
Read more
Jun 25, 2018 | Carshare Taxes, Tax Tips
For 2018, there are new depreciation limits on passenger vehicles. These are the annual limits on the total amounts that you are permitted to expense for a car. As a result of the passage of the Tax Cuts and Jobs Act (TCJA), the annual auto depreciation limits have...
Read more
Jun 23, 2018 | Airbnb Taxes, Legal
Life is short. Although thinking about the what happens when you or loved ones pass away, forcing yourself to do it ahead of time will make things much easier for your loved ones when it comes dealing with your finances and assets. It is the responsible thing to do....
Read more
May 30, 2018 | Airbnb Taxes
When a new host comes to us and asks us what tools they should be exploring to be a better business owner, our focus has largely been on ways to automate tax savings, accounting, and integrate multiple platforms into one reporting platform such as Wave Accounting,...
Read more
Apr 4, 2018 | Airbnb Taxes
For those Airbnb Hosts who also own their home, depreciating your property can be an advantageous tax deduction that will reduce your taxes. This article provides you with the knowledge necessary to take the depreciation deduction. What Is...
Read more
Apr 3, 2018 | Airbnb Taxes
by Miguel Alexander Centeno, Partner As an advisor to Airbnb hosts across the country, we’re constantly asking, how can we add value for our clients? We spend hours keeping up with the latest changes in the short-term rental space so that we can show clients how to...
Read more
Mar 8, 2018 | Carshare Taxes, Depreciation Tips, Tax Tips, Turo Taxes
Carsharing presents a great opportunity for people with cars sitting in their driveway and for entrepreneurs looking to compete with traditional car-rental services. In addition, there can be key tax benefits. If you’ve earned money this year from sharing your...
Read more
Mar 1, 2018 | Airbnb Taxes, Rideshare Taxes, Tax Tips
With the passage of the Tax Cuts and Jobs Act of 2017, 2018 brings a number of tax changes for both individuals and businesses. For 1099 contractors, it is especially important that you keep up with these changes so that you can ensure that your taxes are properly...
Read more
