Feb 8, 2019 | Carshare Taxes, Rideshare Taxes, Tax Tips
Guest Blog Post By: Andy Pillsbury, VP SherpaShare Mileage tracking can help freelancers secure deductions of $6,000 or more on taxes. The following outlines how apps such as Simple and other can help you maximize deductions. What is mileage tracking and how does...
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Feb 6, 2019 | Airbnb Taxes, Tax Tips
Airbnb has risen in popularity over the last several years for both travelers and individuals looking to make an extra income. With its ease of use and the potential to earn some serious extra moula, it’s no wonder. With that being said, there are a lot of tax...
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Jan 9, 2019 | Airbnb Taxes, Tax Tips
Short-term rental hosts are eligible for a variety of tax benefits and deductions. If you want to keep as much of your rental income as possible, you must familiarize yourself with Airbnb taxes. Here are 7 of the most important sharing economy tax tips for Airbnb,...
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Jan 3, 2019 | Airbnb Taxes, Tax Tips
With the end of the year fast approaching, now is the best time to consider your tax strategy for the new year. By planning ahead, you can maximize your deductions before tax season begins. Use this short-term rental business tax planning checklist and guide to help...
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Dec 17, 2018 | Airbnb Taxes, Tax Tips
Running a vacation rental business with VRBO, HomeAway and Airbnb can be lucrative. However, there are also a lot of tax and accounting issues to consider. When you use a short-term rental marketplace, you need to carefully track your income and expenses so that you...
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Nov 29, 2018 | Airbnb Taxes, Tax Tips
As a short-term rental host with Airbnb, VRBO or HomeAway, you must learn about the tax issues that come along with it. In most cases, you’ll be required to pay tax on your short-term rental income. As a result, tax planning is a must if you want to minimize...
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