The electric vehicle tax credit landscape is changing as we speak, with manufacturers racing to adapt to changing federal tax credit requirements. As tax experts working with businesses and individuals […]
Category: Rideshare Taxes
Uber Tax Forms: What You Need to File
Taxes are an inevitable part of working. Regardless of how you earn your income, taxes must be paid on the income you earn. The tax filing deadline is quickly approaching. […]
Mileage Reimbursement Rules for Uber Drivers and Turo Owners
As a business owner, tax deductions are your best friend. By leveraging your qualified expenses against your income, you can effectively lower your tax obligation. When it comes to qualified […]
Lyft Taxes: Tax Tips for Rideshare Drivers
Navigating the complex nature of self-employed taxes can leave you with a lot of unanswered questions. How does the IRS tax my Lyft income? Do I have to report my […]
Uber Drivers: The Standard Mileage Deduction Might Not Be a Good Idea
If you drive for Uber or Lyft, you have two options for deducting your vehicle expenses. Drives can choose to take the standard mileage rate or Section 179 deduction. The […]