A great article by consumer reports http://www.consumerreports.org/taxes/tax-tips-if-you-made-money-through-airbnb/
NEW YORK (AP) — If you're driving for Uber or renting out a room through Airbnb to make some extra cash, don't forget — you likely need to pay taxes on what you earned, even if it's a part-time gig. https://www.usnews.com/news/business/articles/2017-04-03/drove-for-uber-rented-out-your-home-here-are-some-tax-tips
We truly live in exciting times. Technology affords us the luxury to live where we want and to work “everywhere”. Today we have many choices. You can choose to work in your hometown or transact business globally without ever boarding a flight. The ability to hire out your skills online on a job or project [...]
Are you part of the Share Economy? Airbnb, Uber, Lyft, HomeAway, Booking.com, VRBO to name a few. Be prepared for this tax season and planning your accounting for next year. See below IRS recent publication (shared by Airbookkeeper.org). If you need our help setting up systems, Contact Us. This information is directly from the IRS [...]
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