Leading up to the release of the House Ways and Means Committee’s tax reform bill, called the Tax Cut and Jobs act, very little was known about which provisions were to be affected. While it would not have taken an astute commentator to posit the bill was going to reduce corporate tax rates, the method…
Tag: Taxes
Airbnb Faces a Host of Challenges Amid Rapid Growth
Airbnb, the internet platform built to facilitate the listing and renting of lodgings, is expanding dramatically. Valued at $25.5 billion and now the “third most valuable venture capital-backed company in the world,” the website is expected to see a 100% increase in nightly bookings this year alone.1 Yet with the company’s exponential growth has come…