The Sharing Economy and You

It is possible that you have been contributing to the sharing economy and didn't even realize it.  If you have been freelancing with Uber or Lyft, renting out space through Airbnb or selling your creations on Etsy then you have been an active participant in this relatively new sharing economy.  As expected, the IRS is not oblivious to the budding entrepreneurs working to earn cash for these services.  For help navigating your responsibilities to the IRS, click on the Sharing Economy Tax Center provided by the IRS.