I’m sure you have heard about Uber and probably used it once. But what does Uber have to do with young CPAs?

Accounting Today recently published an article about the tax implications of the ‘sharing economy’, which include some of our favorite apps which we use on a regular basis. Due to the growth of the sharing economy, the IRS has a created a Sharing Economy Tax Center. The site gives vital information about the tax implications of participating, as a worker, in this burgeoning sector. (more…)