Posted by REM CYCLE Staff
The Wake-Up Call is The REM Cycle’s biweekly compilation of newsworthy articles pertaining to taxation, accounting, and life in general. Got a hot tip? Email us at REMCycle@rem-co.com.
Planning a trip to the Grand Ole Opry in Nashville? Maybe you’re an Elvis Presley fan, off to pay homage at Graceland in Memphis. Either way, be cautious when booking that sweet, cheap apartment for the weekend—Tennessee is the latest state to make Airbnb guests and hosts responsible for local sales and occupancy taxes. [Airbnb to collect and remit state, local sales taxes—The Advocate and Democrat]
The IRS is finally getting serious about collecting taxes on cryptocurrencies like Bitcoin and Etherium. How should newly-minted (sorry...we couldn’t help it) Bitcoin billionaires account for the incredible gains in the last few months? [How to file your income taxes on bitcoin in 2018—The Verge]
Taxpayers in NFL host cities, counties, and states pay an increasingly high price to host the league's biggest game. Is it worth it? Depends who’s playing... [What The Super Bowl Costs You In Taxes—TheStreet.com]
And in case you missed it: Stephen Colbert goes undercover as an H&R Block tax pro [YouTube]
That's it for this week. Check back with us next week!