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Category Archives: Uber
What Is Tax Planning for Uber Drivers?
Tax planning is the analysis and organization of a person’s financial situation with the goal of ensuring the most “tax-efficient” outcome. In other words, the goal of tax planning is to make sure you are legally paying as little in taxes...
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Tax Tips for Gig Workers – Uber | Lyft | DoorDash...
Prior to covid-19, the gig economy seems to be on steriods. The emergence of Amazon, Uber and Lyft, Airbnb, InstraCart, Grubhub, DoorDash were all new entries into the way we now live. More and more people tend to use gig work to supplement...
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IRS Rules Regarding 1099’s
Below are the IRS 1099-Misc. rules regarding paying someone for services File Form 1099-MISC for each person to whom you have paid during the year: At least $10 in royalties or broker payments in lieu of dividends or...
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Income Tax Filing for Smart Uber & Lyft Drivers
Most Uber and Lyft drivers, as well as other gig workers, approach tax filing by simply waking up one day, gathering receipts scattered around, or pulling out documents they’ve stashed away somewhere. Bam! They’re ready to file their tax...
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