Making Money with Apps? Welcome to the Shared Economy!

Money Making Apps

25 Aug Making Money with Apps? Welcome to the Shared Economy!

Are you driving for Uber, Lyft or Amazon? Renting out part or all of your house with Airbnb? Welcome to the Shared Economy! Maybe you have never heard of this term but a lot of people are participating in this app based system to sell goods and/or services.

Don’t be surprised when you receive that 1099-MISC that reported your income to the IRS. Reporting your income and knowing what you can deduct can be tricky. The IRS has set up a new website page to help.  https://www.irs.gov/businesses/small-businesses-self-employed/sharing-economy-tax-center

TBooks can also help you navigate your new found self-employment!

Feel free to call us at 410-618-1111 for a free consultation.