EVENING SEMINAR
INVESTING IN ECONOMIC OPPORTUNITY ZONES
WEDNESDAY, JULY 24, 2019 • 5 PM – 6 PM
Presented by Jeffrey Cassin, Esq., Stephanie Edelstein, Esq., & Robert P. Russo CPA PC.
Moderated by James Melonichok
How the Sharing Economy Affects Your Taxes
If you’ve ever used—or provided services for—Uber, Lyft, Airbnb, Etsy, Rover, or TaskRabbit, then you’re a member of the sharing economy and it could affect your taxes. The good news is that if you’ve only used these services (and not provided them), then there’s no need to worry about the tax implications.
Employers: Backup Withholding Lowered to 24 Percent
Small business owners are reminded that tax reform legislation lowered the backup withholding tax rate to 24 percent. In addition, the withholding rate that usually applies to bonuses and other supplemental wages was also lowered to 22 percent.