Few people involved in the sharing economy know what taxes they’re supposed to pay, nor how to pay them. Because the rules are unclear, enforcement is almost nonexistent, and the feeling that “sharing” shouldn’t be taxed at all, very few people do pay them.
New York City
As more consumers turn to services like peer-to-peer rental-car outfits rather than Hertz, local authorities are penalizing participants with fines and ordering the companies to cease operations. Is it still safe to share?
Are buyers being manipulated into overbidding for the relatively few attractive homes on the market?
Could businesses have handled the aftermath of Hurricane Sandy better if they’d been leveraging flexible work practices long before the storm hit?
The newest grocery store in Manhattan has less than half the selection of a typical supermarket, and features brands you’ve never heard of. And the grocery chain in question, Aldi, is enjoying a remarkable success streak, with …
San Francisco startup Uber’s ‘black-car’ mobile app has been a big hit with riders and drivers. But the company is running into a snarl of traffic as it tries to extend its service to New York City taxi-cabs.
Time and again, consumer trends point out that people are increasingly pampering their pets as if they were children. Or is it the other way around? In any event, they’re both pretty spoiled.
Spring is traditionally a strong season for home sales, and despite continued uncertainty in the economy, this spring was no exception, with housing prices up around the country, according to the S&P/Case-Shiller Index. June …
Bunk beds are associated with “The Brady Bunch,” IKEA catalogs, and summer camp. But hip urban hotels?
Just a couple decades ago, only 12% of small business owners were immigrants. Today, the number is 18% — a disproportion ratio given that immigrants make up just 13% of the U.S. population, according to a new study by the Fiscal …