Did you know that if you are using your car to earn an income, you are eligible for several deductions on taxes? If you drive for a rideshare or a food delivery business, you will receive a 1099-K form from the company you drive for with information on what you earned. The earnings that you have made in the gig economy are to be filled out in Form 1040. Here are some of the top expenses to keep track of and avail as tax deductions in April.
Gig 101: A Guide On How To Get In Touch With Uber Support
Through your time as a gig worker on the Uber platform, whether you are driving food delivery or transporting riders, you are bound to come across some hiccups. When addressing these hiccups, you can always get in touch with Uber’s support service.
How Lyft’s Priority Mode Is Working Out For Drivers
On August 24, 2020, Lyft released a new feature for its drivers, called “Priority mode”. Lyft tested Priority Mode in a few markets. Drivers in those markets received emails from Lyft explaining the feature and what it strived to achieve. […]
4 Gig Economy Trends And Predictions For 2021
While no one could have predicted the trends and reality of 2020, this year, however, we enter armed with some knowledge of what we might see conspire in the gig economy. As more and more people rely on the service industry amidst multiple global lockdowns, the gig economy matures and could see significant growth and changes. Here are some gig economy trends and predictions too look out for in 2021 if you’re a driver.
Gig 101: What Is Ridesharing? How Does Lyft And Uber Work?
Ridesharing today still retains the fundamental elements of this model. But technology has transformed this service into an industry that employs millions of people worldwide. With Uber’s success, others like Lyft, Hitch, RideScout, Zimride, and Trees for Cars followed. For those new to rideshare, this article delves into the basics and helps you get started.
8 Biggest Tax Deductions For Food Delivery & Rideshare Drivers
Food delivery and rideshare can be a great way to make some extra cash, which can boost your savings or help you settle a debt. You might be doing it for the extra income or as your full-time job. Regardless it can affect how you file your taxes come tax season.
Case Study: Food Delivery Or Grocery Delivery? Which Gig Pays More During COVID-19?
Rideshare demand plummeted during the COVID Pandemic. Food and grocery delivery services saw a huge boom in demand. Which pays more? I analyze my earnings from Caviar and Shipt to compare food delivery and grocery delivery.
200 Employees Sue Uber Over IPO (Investors Too)
Almost 200 employees of Uber, including their current and former workers, have sued the company. They have detailed that the company has broken an agreement with the employees that provided them with shares while saving them income tax worth millions.
Case Study: How I Made $1,390 in 1 Week Delivering Food During the Coronavirus Pandemic
I usually earn $1,100 in a week when I combine food delivery and rideshare (with a normal work schedule). But last week I made nearly $1,400 just delivering food to people. Insane. Since food delivery apps became mainstream, there has […]
6 Ways For Rideshare Drivers To Stay Safe During The Holidays
Rideshare drivers tend to see an uptick in ride requests around the holiday season. More people are travelling, and thus are in an area without access to their own vehicle. While this could mean good news for your bank account, some drivers may be concerned about safety. Here are six ways for rideshare drivers to stay safe during the holidays.
