Tax season proves to be a busy time of year for many people. Obtaining a copy of your tax return transcript can help you easily gather your essential tax info. It is also a best practice to confirm that the information received by the IRS aligns with the forms you’ve received from employers and clients […]
Category: Legal
How To Incorporate Your Airbnb Business
We’re not lawyers, so we can’t give legal advice. However, we can help you understand the tax implications that come with incorporating your Airbnb business. Organizing your home-sharing business into an LLC or corporation protects you from lawsuits and potential damages. If you organize your business into a formal entity, your personal assets are protected […]
How to Navigate the NYC Airbnb Law
The New York City Airbnb law is changing the game for NYC Airbnb hosts. This new law regulates Airbnb hosting in the city, and it restricts many hosts from offering short-term rental hosts in the Big Apple. Now, NYC requires Airbnb to disclose all of its hosts in the city so it can enforce the […]