Losing seventeen hundred dollars monthly on two rental properties wasn’t the plan. A homeowner in Texas bought two properties expecting positive cash flow. Instead, high acquisition costs, renovation expenses, and […]
Category: Tax & Accounting News
Shared Economy Tax’s take on the latest tax & accounting news, and much more.
Interest Rates & Asset Prices – Which Matters More?
The two biggest topics for small business and investors this summer have been far and away: tax reform (the One Big Beautiful Bill) and interest rates. We’re excited about key […]
Short-Term Rental Market Update 2025
As we move through the second half of 2025, the U.S. housing market continues to navigate a complex landscape. Fortunately, our short-term rental market update 2025 will breakdown everything you […]
Trump’s “Big Beautiful Bill”: What It Means for Taxes
The “One Big Beautiful Bill” (BBB), also referred to as H.R. 1, is a sweeping budget-reconciliation bill that proposes to extend many provisions of the 2017 Tax Cuts and Jobs […]
Don’t Fall for These Tax Preparer Scams in 2025
As we head into the 2025 tax season, it’s more important than ever to be vigilant when choosing someone to help you file your taxes. The IRS continues to crack […]
Bonus Depreciation Phase Out Update for 2025
As we move deeper into the bonus depreciation phase out schedule, 2025 marks a critical turning point. Businesses can now deduct only 40% of the cost of qualifying assets placed […]
The Last EVs Standing for Tax Credits in 2025
The electric vehicle tax credit landscape is changing as we speak, with manufacturers racing to adapt to changing federal tax credit requirements. As tax experts working with businesses and individuals […]
FinCen BOI Reporting Requirements [Updated for 2025]
It is crucial for small businesses to be aware of the new reporting requirements of the Corporate Transparency Act (CTA). The CTA requires small businesses to report certain information about […]
Mid-Year 2024 Airbnb Housing Market Update
As we move into the second half of 2024, the housing market continues to undergo significant shifts. Recent data highlights challenging conditions for those looking to enter the short-term rental […]
Tax Deadlines 2025 and Other Updates You NEED to Know
Tax laws change every year, and 2025 is no exception. Taxpayers will encounter several notable changes this year, as well as adjustments to tax brackets and other deductions. Stay tuned […]