President Trump’s Proposed Tax Plan
After much talk about tax reform during his Presidential campaign, the President’s proposed tax plan is out. Although the White House has not released many details – the proposed tax plan is less than 250 words – the law would change the way individuals and businesses pay taxes. The stated goals of the tax plan […]
How to Pay Taxes in a Sharing Economy? (Uber, AirBnB, Ebay, etc.)
If you’ve ever thought of renting part of your home to strangers, driving your car for hire, or selling your arts and crafts on-line, paying taxes is probably the last thing on your mind. Whether you call it the sharing economy, the gig economy, or peer-to-peer services, all of these on-demand platforms are a growing […]
2017 Tax Planning & Trump Implications
With a Republican president-elect and GOP control remaining in both the House and Senate, there is plenty of talk about significant tax reform. However, it’s difficult to plan for something that’s uncertain as there are several tax plans being considered in Washington. In this letter we will focus on tried and true strategies that work […]