Oct 11, 2018 | Airbnb Taxes, Tax Tips
Understanding the tax consequences of renting property on Airbnb and VRBO is not exactly a straightforward process. Whether or not you will need to pay taxes depends on how many days you rent your property during the year, how much you earn, and where your property is...
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Oct 4, 2018 | Carshare Taxes, Tax Tips
Car owners now have more options than ever to earn money from their cars. One of the biggest benefits of using car sharing services, such as Getaround and Turo, is that you can make extra income with the car you already own or lease. However, you should be aware that...
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Jul 12, 2018 | Depreciation Tips, Tax Tips
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...
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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...
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