Listing a short-term rental with Airbnb or other sites can provide an excellent revenue stream. If you’re willing to make your guests feel welcome and accommodated, it’s even more lucrative. […]
Car Depreciation for 1099 Contractors and Car-Sharers
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 car on Relay Rides, Turo, or Maven, you should know that you may be eligible to take a deduction on your taxes for your vehicle. The tax code’s vehicle Section 179 deduction could potentially save you a lot of money on your taxes. Here is […] […]
How Does Airbnb Hosting Affect Taxes?
Renting an extra room on Airbnb is a great way to generate some side income. However, the income you earn isn’t tax-free. Some hosts only use the platform to supplement […]
How to Find the Best Tax Professional for Your Business
Working with an expert can save you from learning from your own mistakes. And having a tax advisor is a smart choice that can lead to a lot of benefits […]
Self Employed Taxes For Dummies: A Foolproof Compliance Guide
Self employed taxes can be a hassle. However, you need to understand them if you want to run a successful business. Each tax situation is unique, so you should at […]
Small Claims Court for Small Business Owners
As a small business owner, you work hard to protect your business and your assets. In a perfect world, everyone gets along all the time and agrees and authenticates financial […]
Finding the Best Freelance Tax Expert
With the onset of the internet more and more working individuals have the opportunity to work from home. As a freelancer, you have unlimited potential to earn money and fulfill […]
Best Tax Tips For Airbnb, VRBO, and Homeaway Hosts
As a short-term rental host with Airbnb, VRBO or HomeAway, you must learn about the possible tax implications of your side gig. In most cases, you’ll be required to pay […]
How To Calculate and File Upwork Taxes
If you have been working freelance using sites like Upwork, you may be wondering how to file Upwork taxes. Regardless how often you work on Upwork, your income from the […]
A Simple Tax Guide for Airbnb Hosts
Airbnb has proven to be an excellent way for many people to generate income. What is really great about Airbnb is it allows you more freedom and flexibility. You can […]