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NJ Assembly Passes Bill Modifying the ‘Airbnb Tax’
A law offering relief to some New Jersey Shore homeowners and renters affected by a new tax on short-term rentals is poised to become law, after the Assembly passed a bill and sent it to Gov. Phil Murphy…
Continue ReadingHiccup in Sales Tax Changes for Restaurants Using Uber Eats
On July 1, 2019 Uber Eats was to begin calculating, collecting and remitting sales tax on behalf of restaurants in 14 States (including PA) and the District of Columbia, but the company has released a…
Continue ReadingIRS Advising Virtual Currency Owners to Pay Back Taxes
The Internal Revenue Service has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income and pay the resulting tax from virtual currency transactions…
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