11 Side Business Ideas for 2020

These days, almost anyone can start a business. The rise of shared economy platforms created many opportunities for anyone with an entrepreneurial spirit. Now, every day people can start a side business with little to no upfront cost. Aspiring side hustlers can use the stuff they already own to generate income, so starting a side […]

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How To Calculate Depreciation Expense

Depreciation has a bad reputation. After all, nobody wants their assets to lose value. However, from a business perspective, depreciation helps your tax situation. Business owners need to keep close track of their depreciation expenses. Then, they can deduct it at tax time. To get started, you need to know how to calculate depreciation expense.  […]

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Tax Mistakes To Avoid – Get Your Taxes Right The First Time

If you participate in the Sharing Economy, be it opening up your home on Airbnb or sharing your car on Turo, you know that it can be very rewarding. While you may enjoy running your business, the bottom line is you are generating an income. This income, regardless of if it is part time or […]

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The Effects Of AB5 On Freelancers

AB5 has sparked a lot of publicity over the last several months. Ever since the Dynamex decision of 2018, there has been a lot of back and forth between independent contractors, those wanting full-time employment, and gig economy giants like Uber and Lyft. However, the reaches of AB5 extends further than just the ridesharing economy, […]

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Sharing Economy Tax Tips – Get The Most Out Of Your Tax Pro

Many people only associate their tax advisor with tax preparation. However, the benefits of working with a tax advisor go well beyond tax preparation, especially for your Sharing Economy business. Whether you are full time or part time in your Sharing Economy business, having the right support when it comes to finances and taxes is […]

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NEW Host Tax Essentials Kit
Everything you Need for Airbnb Taxes

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